Showing posts with the label PSU NEWS

PNB detects fraud of ₹3,805.15 crore by Bhushan Power & Steel

Punjab National Bank on Saturday said it has detected a fraud of ₹3,805.15 crore by Bhushan Power & Steel Ltd and has reported it to the RBI. PN…
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Dr Nalin Shinghal takes over as CMD, BHEL

Dr Nalin Shinghal is the new CMD, BHEL, he was selected last year in December by the selection board, he is an IRTS officer.
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Get free Hotstar Premium subscription with BSNL Superstar 300 broadband plan

BSNL's new Superstar 300 broadband plan is priced at Rs 749 per month. Under it, the company offers 300GB of high-speed data at 50Mbps. Bharat…
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Ex Chairman Jet airways , Naresh Goyal and wife stopped from flying out of India

Grounded Airlines Jet Airways Ltd founder Naresh Goyal and his wife Anita Goyal were stopped from flying to Dubai today by the immigration authori…
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Arvind Panagariya’s mantra to Modi

As Tsu-NaMo takes India by storm, Arvind Panagariya, Former VC Niti Aayog talks about some of the key focal points for govt in first 100 days and …
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ITI Limited Records a Turnover of Rs. 2051 Crore for the Year 2018-19

Bengaluru, April 12, 2019: ITI Limited, a Public Sector Undertaking under DoT announced the turnover of Rs. 2051 Crore (unaudited) for the financi…
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Jet Airways has started sending expat pilots on leave without pay

Jet Airways has started sending expat pilots on leave without pay, Times of India reports , citing sources. The move is part of a cost-cutting exer…
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Power Finance Corporation is now the second largest govt-owned financial firm after SBI

Power Finance Corp completes 52.63% stake buy in REC. State owned Power Finance Corporation (PFC) on Thursday became the promoter of REC Ltd as i…
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PF interest rate hiked to 8.65% in good news for aam aadmi

Retirement fund body EPFO on Thursday announced an interest rate of 8.65 per cent on PF deposits for 2018-19, to its six crore subscribers. "…
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Finance minister Piyush Goyal to meet heads of PSU banks on January 28

Goyal, who has been given an additional charge of the finance ministry on Wednesday in the absence of Arun Jaitley, is scheduled to meet chiefs of…
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Tamil Nadu Defence Corridor to formally launch this week: Official

NEW DELHI: The Tamil Nadu Defence Corridor will be formally launched later this week in Trichy with new defence products, investments and a defe…
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PGCIL may get Maharatna status following Power Ministry’s recommendation: Report

THE power ministry has recommended Maharatna status for Power Grid Corp of India Ltd (PGCIL), the country’s largest power transmission company. Maha…
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BHEL wins largest order for solar photovoltaic plants: Report

STATE-owned power equipment maker Bharat Heavy Electricals Limited (BHEL) has won an order for setting up 129 MW Solar Photovoltaic (SPV) power pl…
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S.B. Mathur will replace Hemant Bhargava, LIC’s managing director, who was also serving as non-executive chairman at IL&FS

Mumbai: Former LIC chairman S.B. Mathur will be appointed chairman to the board of Infrastructure Financing and Leasing Services (IL&FS), th…
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Railway Safety : Over 55,000 Cases of Theft, 1500 Robberies In Trains In 3.5 Yrs

According to Logical Indian   over 55,000 Cases of Theft, 1500 Robberies In Trains In 3.5 from Indian Trains.  According to the data collected …
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Shri Piyush Goyal launches a web portal “Rail Sahyog” today

Indian Railways, with its vast network and presence across the length and breadth of the country, has always been at the forefront to serve the s…
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Railways ends 16 caterers' contracts for poor-quality food

The Indian Railways terminated contracts of 16 caterers and imposed penalty of ₹4.87 crore for various lapses in catering services, including poor…
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Four major international airlines have expressed interest in Air India’s divestment.

Citing people in the know, Times of India reports that British Airways, Lufthansa, Singapore Airlines and a “Gulf carrier” may bid for the airline,…
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Shikha Sharma seeks shorter term at Axis Bank

Shikha Sharma’s term as the chief executive of Axis BankNSE 4.35 % would come to an end in December this year bringing curtains down on a position…
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Govt to outsource operations at five railway stations

New Delhi: Indian Railways has decided to outsource operation and maintenance of five railway stations to firms outside state control for 15 years…
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