PSU

PSU

EESL signs MoU with Oberoi Group

Under the partnership, EESL, through its nationwide network, will collaborate with all Oberoi Group Hotels to evaluate opportunities for saving energy and lowering emissions

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PSU

HAL records revenue of over 22,700 cr in FY 2020-21

The FY 2020-21 was significant in terms of securing the largest-ever defence contract of 83 LCA MK-IA by an Indian company. This helped the company surpass the order book position in excess of Rs 80,000 crore, said HAL's CMD R Madhavan

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PSU

HPCL acquires balance 50% stake in Chhara LNG Terminal

Mumbai : Hindustan Petroleum Corporation Limited (HPCL) has acquired the balance 50% equity stake in ‘HPCL Shapoorji Energy Private Limited (HSEPL)’ from M/s S P Ports Pvt Ltd on 30th March 2021. Post- acquisition, HPCL’s stake in HSEPL gets enhanced to 100%, making HSEPL a wholly owned subsidiary of HPCL.

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PSU

Subhash Kumar Director- Finance, ONGC gets additional charge of CMD

Shri Subhash Kumar, Director-Finance of Oil and Natural Gas Corporation Limited get the additional charge of the Chairman and Managing Director of the company on Thursday, March 31, 2021.

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PSU

GRSE Pays Interim Dividend of Rs 44.10 Crores for FY21 to Government of India

The Interim Dividend Cheque amounting to Rs. 32,85,63,774/- as the government’s share was handed over to Hon’ble Raksha Mantri Shri Rajnath Singh.

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PSU

India and US agree to revamp Strategic Energy Cooperation

During the meeting, they also agreed to prioritise greater collaboration in the cleaner energy sector - biofuels, CCUS, hydrogen production and carbon sequestration through technology exchange and joint R&D through Partnership to Advance Clean Energy Research (PACE-R) among other initiatives

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PSU

RK Sabharwal gets tenure extension as CMD of EIL

The services of Sabharwal, as CMD of EIL, have been extended for a period with effect from May 1 to September 26, or till the appointment of a regular incumbent to the post or until further orders, whichever is the earliest

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PSU

SAIL Chief Soma Mondal elected as SCOPE Chairperson

Soma Mondal, chairperson of state-owned Steel Authority of India Limited (SAIL), was on Friday elected the new chairperson of Standing Conference of Public Enterprises (SCOPE). She has been elected for a term of two years. Pradip Kumar Das, CMD, IREDA has been elected as Vice Chairman, SCOPE.

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PSU

RVNL announces interim dividend for FY 2021

In the regulatory filings to the stock exchanges the PSU said that the board of directors in its meeting held on March 26, have approved an interim dividend of Rs 1.14/- per equity share of Rs 10/- each (i.e. 11.40 percent) for the current financial year (FY 2020-21)

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PSU

BSNL, MTNL to get 5G spectrum without auction

As part of the Rs 69,000 crore revival plan of MTNL and BSNL announced in October 2019, the government will bear the cost of spectrum for the latter’s 4G roll out, among other measures aimed at turning around the two money-losing firms

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PSU

Hardeep Singh Puri inaugurates Kurnool Airport

Kurnool is the 6th airport in Andhra Pradesh to become functional after Kadapa, Visakhapatnam, Tirupati, Rajahmundry and Vijayawada

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PSU

Sixty seven mines on offer in second tranche of commercial coal mine auction

The coal mines on offer are a mix of mines with small and large reserves, coking and non-coking mines and fully and partially explored mines spread across six states- Chattisgarh, Jharkhand, Odisha, Madhya Pradesh, Maharashtra and Andhra Pradesh

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