NBCC closes e-auction for 560 housing units in Greater Noida worth over Rs. 1,153 Cr
NBCC (India) Ltd. has concluded a highly successful e-auction of 560 residential units at Aspire Leisure Park in Greater Noida (West), achieving a total sale value of Rs. 1,153.13 crore for 14.60 lakh sq. ft. of space. The auction received strong…
PFC pays fourth Interim dividend of Rs. 647 crore to Government of India for the financial year 2024-25
New Delhi: Power Finance Corporation (PFC), a Maharatna Company and a leading NBFC in the power sector has paid Rs 647 crore to the Govt. of India as the Fourth Interim Dividend for the financial year 2024-25. During Financial Year 2024-25, PFC paid…
Signing of Memorandum of Understanding by HUDCO with MMRDA
Housing and Urban Development Corporation Limited (HUDCO) signed a Memorandum of Understanding (MoU) with Mumbai Metropolitan Region Development Authority (MMRDA), Maharashtra, on 8th April, 2025 at Mumbai. The MoU establishes a framework for cooperation…
PFC Signs MoU with MMRDA to provide Rs. 1 Lakh Crore Financial Assistance for Infrastructure Projects in Mumbai Metropolitan Region
Power Finance Corporation (PFC), a Maharatna Company and a leading Non-Banking Financial Company (NBFC) in the Indian power sector, has signed a Memorandum of Understanding (MoU) with Mumbai Metropolitan Region Development Authority (MMRDA) on 08 th…
Ground breaking ceremony for 50 MW Solar Power project in Sri Lanka
Hon’ble Prime Minister of India Shri Narendra Modi and Hon’ble President of Sri Lanka H.E. Anura Kumara Disanayake jointly launched the Ground Breaking Ceremony of 50 MW (extendable to 120 MW) Solar Power Project in Sri Lanka on 05.04.2025. This ground…
BEL bags Rs. 2,210 crores deal for Air Force EW Suite
Bharat Electronics Ltd (BEL) has secured a Rs. 2,210 crore contract from the Ministry of Defence to supply Electronic Warfare (EW) Suites for Mi-17 V5 helicopters of the Indian Air Force. The indigenously developed systems include RWR, MAWS, and CMDS.…
Coal Ministry’s Sanjeev Kassi joins NLC Board
Sanjeev Kumar Kassi, a 1995 batch CPES officer and Joint Secretary in the Ministry of Coal, has been appointed as Part-time Official Director on the board of NLC India Ltd. His nomination strengthens the ministry’s engagement in the company’s strategic…
HURL MD champions Bio-Economy at “SIGMA Summit 2025”
Dr. S. P. Mohanty, MD of Hindustan Urvarak & Rasayan Limited (HURL), delivered an impactful keynote as Chief Guest at SIGMA SUMMIT 2025. His address highlighted the transformative potential of by-products from compressed biogas (CBG) plants—including…
NMDC steel achieves major production milestones in FY 2024-25
NMDC Steel Limited (NSL) has reached a significant milestone in its journey towards stabilization and growth, producing over two million tonnes of hot metal in the financial year 2024-25, ending March 31, 2025. This marks a 100% increase compared to the…
HUDCO sets sights on Rs. 65,000 Cr fundraise as borrowing cap gets a boost
In a strategic move to power its financial roadmap for FY 2025–26, HUDCO’s Board of Directors has given the green light to raise funds of up to ₹65,000 crore. The decision was finalized during the board meeting held on April 4, 2025. As per the company’s…