(THE NEWSMAN OF INDIA.COM) In light of recent speculation regarding IndusInd Bank Ltd., the Reserve Bank of India (RBI) has issued a statement to clarify the bank’s financial position and reassure stakeholders. The RBI emphasized that the bank is well-capitalized, with a stable financial standing. According to the latest auditor-reviewed financial results for the quarter
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(THE NEWSMAN OF INDIA.COM) REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed an MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and financing of Pumped Storage Projects (PSP) in Kerala. The MoU was signed during the Global Green Hydrogen & Renewable Energy Summit
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(THE NEWSMAN OF INDIA.COM) The Reserve Bank of India (RBI) has issued a new framework inviting applications for the recognition of a Self-Regulatory Organisation (SRO) to oversee the growing Account Aggregator (AA) ecosystem. The AA framework, introduced by RBI in September 2016, facilitates the secure and seamless exchange of financial information through Non-Banking Financial Company-Account
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(THE NEWSMAN OF INDIA.COM) Mumbai, March 12, 2025: Jawaharlal Nehru Port Authority (JNPA), India’s Best Performing Port, has signed the Concession Agreement with SPV floated by M/s Trident Agrocom Exports Private Limited and M/s Man Infraconstruction Limited (Consortium) for the development of an Export-Import cum Domestic Agricultural Commodity-Based Processing and Storage Facility at JNPA. The
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(THE NEWSMAN OF INDIA.COM) Bengaluru/Delhi, March 12, 2025: Navratna Defence PSU Bharat Electronics Limited (BEL) has signed a contract with the Ministry of Defence, Government of India, valued at Rs. 2,463 Cr (excluding taxes) for supply and services of Ashwini Radars. The contract was signed today in New Delhi by Dr Ajay Kumar, JS &
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(THE NEWSMAN OF INDIA.COM) NBCC (India) Ltd, a Navratna CPSE and its subsidiary Hindustan Steelworks Construction Limited (HSCL) a Miniratna CPSE under the Ministry of Housing and Urban Affairs (MoHUA), paid Interim Dividend of Rs 88.37 crore and Rs 3.43 crore approx. respectively to the Government of India (GOI) for FY 2024-25. The Dividend cheque(s)
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(THE NEWSMAN OF INDIA.COM)International Women’s Day was celebrated on 11.03.2025 at KIOCL Pellet Auditorium. Dr Purvi Jayaaraaj, Doctor of Alternative Medicine, Founder of Samrruddhi Healing Center and Institute for Drugless Therapy was the guest speaker. BK Mohapatra, D(C) & D(F) A/c felicitated Smt Asha Kiran, GM (IT) for her 33 years of service with KIOCL
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(THE NEWSMAN OF INDIA.COM) March 12, 2025 | Bengaluru – BEML Limited, a leading multi-technology company under the Ministry of Defence, Govt of India, has signed a Memorandum of Understanding (MoU) with Dragflow S.R.L. Italy, to collaborate on the design, development, testing, commissioning, supply, and after-sales service of Amphibious Cutter Suction Dredgers. This strategic alliance
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(THE NEWSMAN OF INDIA.COM) NBCC (India) Ltd. jointly with HUDCO organised and participated in the Unity Cup 2025, a Ten-10 Cricket Tournament in which the participants were Ministry of Housing and Urban Affairs (MoHUA), DDA, HUDCO and CPWD. The tournament, held at Siri Fort Sports Complex, aimed to foster camaraderie, teamwork and a spirit of
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(THE NEWSMAN OF INDIA.COM) New Delhi, March 10: The Appointments Committee of the Cabinet (ACC) has approved the empanelment of several Indian Administrative Service (IAS) officers for holding Additional Secretary (AS) or equivalent positions at the Centre. The empanelment includes officers from various cadres and batches, signifying their elevation to key leadership roles in the
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