PFC signs agreement to acquire majority stake in REC

Power Finance Corporation Ltd. (PFC) has today signed a Share Purchase Agreement to acquire 103.94 crore equity shares of INR 10/- each, of REC Limited from the President of India constituting 52.63% of the paid-up share capital of REC Limited. This is a major milestone achieved by PFC, who is now slated to become a […]

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NBCC to resume construction work of Rs 2,250 crore prestigious Pragati Maidan Complex redevelopment project

NBCC has received nod from South Delhi Municipal Corporation (SDMC) to resume the construction work at ITPO Complex wherein it is building a world-class convention-cum-exhibition centre at the site of the Pragati Maidan. After receiving notice from SDMC almost five days ago to stop construction with an aim to check pollution and maintain air quality, […]

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NBCC signs MOU with Ministry of External Affairs (MEA) to build Convention Centres in Niger

NBCC (India) Ltd has signed an Memorandum of Understanding (MoU) with the Ministry of External Affairs (MEA) to construct Mahatma Gandhi International convention centre (MGICC) at Niamey, the largest city and capital of Niger in West Africa. The MoU was signed by Shri Yogesh Sharma, Executive Director, Business Development and Shri Prashant Agarwal, Joint Secretary […]

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NBCC pays a dividend of Rs 74.34 crores to Govt

NBCC (India) Ltd. has declared its final dividend and paid the amount of Rs 74.34 crores to the Government of India (GOI) for FY 2017-18. Dr. Anoop Kumar Mittal, CMD, NBCC (India) Ltd handed over the cheque to Shri Hardeep Singh Puri, Hon’ble Minister of State, Ministry of Housing and Urban Affairs (MoHUA) in presence […]

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AAI and IIM- Indore entered into an MoU for customized training programmes

In order to augment the skill-set of its functional heads, senior and middle level executives, Airports Authority of India (AAI) has entered into a Memorandum of Understanding (MoU) for a period of 3 years with Indian Institute of Management, Indore (IIM-I) recently. As part of the MoU, customized training programs in the area of Management […]

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NBCC Subsidiary NSL holds its 4th AGM

NBCC Services Ltd (NSL), a wholly-owned subsidiary of NBCC (India) Ltd., held its 4th Annual General Meet recently where Shri Neelesh K Shah, Director (Projects), NBCC and Chairman, NSL said that the company is now planning to expand its business operations across the cities like Kolkata, Jaipur, Lucknow, Hyderabad, Mumbai besides Delhi to secure more […]

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