Business

NTPC Ltd, India’s largest integrated power utility, today celebrated its 50th Raising Day, marking five decades of remarkable growth, innovation, and contribution to India’s power sector.  Shri Gurdeep Singh, CMD hoisted the NTPC flag at the Engineering Office Complex (EOC), Noida in the presence of Directors on the Board and senior officials. Employees from all locations joined the celebrations via video conferencing. During the occasion, CMD NTPC virtually launched the Hydrogen-fuel buses which are set to operate at Leh. The hydrogen buses represent…

State-owned Power Grid Corporation of India on Wednesday reported a consolidated net profit of Rs 3,793.02 crore for the July-September quarter of the current financial year, according to a regulatory filing. The second-quarter profit remained largely unchanged from the Rs 3,781.42 crore reported in the same quarter last year, ending September 30, 2023. The Power Grid board also approved the payment of the first interim dividend of Rs 4.50 per equity share of Rs 10 each for the financial year…

New Delhi : In line with the “Bharat 6G Vision” and the objectives of “Made in India” and self-reliant India, the Centre for Development of Telematics (C-DOT), the premier Telecom R&D center under India’s Department of Telecommunications (DoT), has partnered with CSIR-Central Electronics Engineering Research Institute (CEERI), Pilani. This collaboration aims to develop a “Multiport Switch with Tunable Impedance Matching Network” that enables a single broadband antenna to support 2G, 3G, 4G, and 5G bands. Funded under the Department of…

New Delhi –  PFC observed “Vigilance Awareness Week 2024 ” from October 28 to November 3, 2024, emphasising its operations’ core values of integrity, transparency, and accountability. The week commenced with Smt. Parminder Chopra, CMD, Smt. Simmi R Nakra, CVO, and PFC Directors administering the Integrity Pledge to officials, reinforcing their collective commitment to these principles. As part of the week’s activities, renowned behavioural scientist Dr Naresh Kumar Rai conducted a workshop on “Ethics & Governance.” The session focused on ethical…

Maharatna PSUs NTPC and ONGC have collaborated to form a Joint Venture Company (JVC) through their Green Energy Subsidiaries (NTPC Green Energy Ltd. and ONGC Green Energy Ltd.) to further promote their interest in renewable and new energy arena. Subsequent to the signing of the Joint Venture Agreement on 7th February 2024, during India Energy Week 2024, and obtaining the required statutory approvals from DIPAM and NITI Aayog, NGEL has submitted an application to the Ministry of Corporate Affairs for the…

The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, visited Chennai today to inaugurate a series of essential infrastructure projects at the Chennai Port Authority (ChPA) and Kamarajar Port Limited (KPL). These initiatives, launched with a combined investment of Rs. 187.33 Crores, are set to strengthen port infrastructure, streamline trade operations, and advance India’s green port initiatives. During his address, the Minister underscored the Ministry’s commitment to modernizing ports and enhancing maritime connectivity, emphasizing the role of these…

An MoU has been signed between Steel Authority of India Limited (SAIL) and Administrative Staff College of India (ASCI), Hyderabad for academic collaboration on 04th November, 2024 at the company’s Corporate Office in New Delhi. This MoU would facilitate the conduct of customized Management Development Programmes for the newly promoted executives of SAIL, among others. Collaboration with reputed institutions is part of the overall Learning & Development (L&D) strategy of SAIL to provide further academic exposure to the company’s executives facilitating them…

NEW DELHI: Sanjay Lohiya, an IAS officer from the 1994 batch (Assam-Meghalaya cadre), has assumed the role of Chairman-cum-Managing Director of NALCO. Lohiya joined the Ministry of Mines as Joint Secretary in October 2020 and was promoted to Additional Secretary in March 2021. A graduate of Delhi University, Lohiya entered the Indian Administrative Service (IAS) and has since held various prominent roles. Prior to his role in the Ministry of Mines, he served as Principal Secretary to the Chief Minister…

NMDC, India’s largest iron ore producer, has once again demonstrated its operational excellence by registering its best-ever October performance since inception. The company’s impressive production of 4.07 million tonnes (MT) and sales of 4.03 MT of iron ore surpassed previous October records, marking a 3.8% increase in production and 17.15% growth in sales compared to the corresponding period last year. This remarkable achievement brings NMDC’s cumulative figures for FY25 to 21.55 MT for production and 23.84 MT for sales, underscoring…

Over 50,000 Sites Now On-Air Nationwide Under Atma Nirbhar Bharat In a landmark move under the Government’s Atma Nirbhar Bharat initiative, Bharat Sanchar Nigam Limited (BSNL) has successfully deployed more than 50,000 indigenous 4G sites nationwide, significantly advancing India’s digital connectivity goals. This deployment, in collaboration with Indian tech giants like Tata Consultancy Services (TCS), Tejas Networks, the Centre for Development of Telematics (C-DOT), and ITI Ltd., showcases the strength of India’s homegrown technology in fulfilling the country’s connectivity needs.…