LIC begins FY27 on a strong note with 23% Profit Growth and Higher Premium Collections
Performance Highlights: April – June, FY 2026-2027 Profit After Tax (PAT) increased by 22.81% to ₹ 13,492 crore. Value of New Business (VNB) increased by 61.32% to ₹3,136 crore. VNB Margin (Net) increased by 750 bps to 22.9%. Total Premium Income…
NBCC completes Rs. 334.35 Crore Medical College & Hospital Project in Chamba
Chamba, Himachal Pradesh, August 3, 2026: State-owned NBCC (India) Limited has successfully completed and handed over the Pt. Jawaharlal Nehru Government Medical College & Hospital in Chamba, a landmark healthcare project built at a cost of Rs.…
Power Grid acquires Krishnagiri REZ Transmission SPV for Rs 19.82 Crore
New Delhi, August 3, 2026: Power Grid Corporation of India Limited (PGCIL) has expanded its renewable energy transmission portfolio by acquiring Krishnagiri REZ Transmission Limited (KRTL), the Special Purpose Vehicle (SPV) responsible for implementing…
NBCC signs Landmark Agreement with Government of the Republic of Seychelles for Construction of 1008 Housing Units
NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, Government of India, has signed a landmark agreement with the Government of the Republic of Seychelles for the construction of the Île Aurore Housing Project,…
Ajit Kumar Panda assumes charge as CMD of CONCOR
New Delhi, August 3, 2026: Container Corporation of India Limited (CONCOR), India’s premier multimodal logistics and container transport company, has officially welcomed Ajit Kumar Panda as its new Chairman and Managing Director (CMD) with effect…
REC and PFC sign Rs. 26,850 Crore common loan agreement with MUNPL for 2,400 MW Meja Thermal Power Project Stage-II
New Delhi, July 30, 2026: REC Limited and PFC Limited, Maharatna CPSEs under the Ministry of Power and leading Infrastructure Financing NBFCs, have signed Common Loan Agreement with Meja Urja Nigam Private Limited (MUNPL), a 50:50 Joint Venture between…
RECPDCL hands over Ryapte Power Transmission Limited, a SPV of Inter State Transmission Project, to M/s The Tata Power Company Limited
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over Ryapte Power Transmission Limited, the project-specific Special Purpose Vehicle (SPV), to the…
RECPDCL hands over Bhadla Ramgarh Power Transmission limited to Power Grid Corporation of India Limited and Shongtong Power Transmission Limited to Terralight Solar Energy Tinwari Private Limited
New Delhi, 30 July 2026: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over two project-specific Special Purpose Vehicles (SPVs) for inter-state…
Financial discipline and operational foresight drive SAIL’s Q1 FY27 profit surge
New Delhi, 29th July, 2026: SAIL’s Q1 FY27 performance is not just about a sharp rise in profits year-on-year, it is about how financial acumen and operational foresight came together to deliver results. Commenting on SAIL’s performance in the first…
NHAI Successfully Defends Major Arbitration Case to Safeguard Public Funds in National Highway Projects
Achieving a significant legal and financial milestone, NHAI has secured a favorable outcome in the arbitration proceedings pertaining to Bareilly Highways Project Limited (BHPL), a concessionaire promoted by M/s Era Infra Engineering Limited for 151 km…