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
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.
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
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
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.
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)
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
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