Dun & BradstreetIndia honours the torch bearers of the PSU sector

Dun & Bradstreet (D&B), the world’s leading provider of global business information, today recognized the PSUs who are the front-runners in their respective sectors through the ‘PSU Awards 2018’ in the presence of Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister and Member, NITI Aayog, Government of India in Delhi. The fifth edition […]

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REC Limited Bags the Most Efficient NBFC Award

REC Limited won the most efficient NBFC award at the recently concluded Chambers of Indian Micro, Small & Medium Enterprise (CIMSME) Awards 2018. The award was presented to Mr. Vijay Kumar, AGM on behalf of REC by Hon’ble MoS (Independent Charge), MSME, Mr. Giriraj Singh on 20th July, 2018. At the same night,REC also received […]

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PFC Extends Financial Assistance of Rs.1329Crore to Uttarakhand

Power Finance Corporation Ltd (PFC)has extended financial assistance of Rs. 1329 crore to State Power Utilities of Uttarakhand – Rs. 309 crore to Uttaranchal JalVidyut Nigam Ltd.(UJVNL) for RM&U of Chilla Hydroelectric Project, andRs. 1020 crore to Power Transmission Corporation of Uttarakhand (PTCUL)for implementation of various transmission schemes. In a Loan Documentation event organized recently […]

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Andhra Pradesh cadre IAS Ramesh Babu new CMD of Rural Electrification Corp Ltd

Ramesh Babu, an MBBS and an Indian Administrative Service Officer of Andhra Pradesh cadre, is tipped to take over as Chairman and Managing Director of power sector-focused lender Rural Electrification Corp Ltd, according to sources. He may take up his new assignment from January 1. Babu will replace B. P. Pandey, a special secretary in the […]

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Dibakar Mohanty assume charge as the MD of SBBJ

Dibakar Mohanty has assumed charge as the Managing Director of State Bank of Bikaner & Jaipur. Prior to the present assignment he has held various important positions in State Bank of India such as General Manager, Local Head Office, Mumbai. Chief General Manager, Corporate Centre, Mumbai. Shri Dibakar Mohanty joined State Bank of India as […]

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SCOPE Meritorious Awards to CPSEs Announced

Jury for the SCOPE Meritorious Awards under the chairmanship of Justice R.C. Lahoti, former Chief Justice of India and distinguished panel of eminent persons comprising Padma Bhushan Shri Moosa Raza, former Secretary to the Govt. of India, Padma Vibhushan Dr. M.B. Athreya, renowned Management Consultant, Shri C. Phunsog, former Chairman, Public Enterprises Selection Board, Shri […]

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Rural Electrification Corporation to seek shareholder nod to raise Rs 50,000 crore

New Delhi: Rural Electrification Corporation (REC) on Sunday said it will seek shareholder’s nod on September 21 for raising Rs50,000 crore through issue of non- convertible debentures. In a filing to the BSE, REC said the company can issue via private placement unsecured/secured non-convertible bonds/ debentures up to Rs50,000 crore during a period of one […]

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Commerce Secretary, Rita Teaotia releasing EEPC India Directory on Medical Device

The Commerce Secretary, Ms. Rita A. Teaotia releasing the EEPC India Directory on Medical Device, Surgical Equipments and Pharma Machinery at an interactive session, organised by the EEPC India, ASSOCHAM, Bengal Chamber of Commerce and Industry and FIEO, in Kolkata on August 20, 2016.

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India sends loud message of political maturity by passing GST Bill: ASSOCHAM

Passage of the landmark GST Constitutional Amendment Bill in the Rajya Sabha today marks a new beginning of a broad based non-partisan political support for the critical economic reforms, ASSOCHAM president Sunil Kanoria has said. Congratulating Prime Minister Narendra Modi and leaders of all major political parties, including the Congress president, Sonia Gandhi, the ASSOCHAM […]

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