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ONGC Videsh steps up efforts to recover dividends from Russia and Venezuela
NEW DELHI: ONGC Videsh Limited (OVL), the overseas arm of ONGC, on Friday said it has stepped up efforts to recover divideds stuck in Russia and Venezuela due to the US sanctions.
OVL announced that its proposal to the US for a waiver to…
Fiscal deficit touches 17.2% of annual target as of end-July
NEW DELHI: The country’s fiscal deficit reached 17.2% of the annual target as of the end of July in the current fiscal year (FY25), according to data published by the Controller General of Accounts (CGA) on Friday.
In absolute terms, the…
मुरादाबाद रेल मंडल को शनिवार को मिली तीसरी वंदे भारत ट्रेन
मेरठ/मुरादाबाद: उत्तर प्रदेश के मुरादाबाद जनपद में शनिवार को मुरादाबाद रेल मंडल को तीसरी वंदे भारत ट्रेन की सौगात मिली। यह ट्रेन मेरठ से चलकर मुरादाबाद और बरेली होते हुए लखनऊ पहुंचेगी। प्रधानमंत्री नरेंद्र मोदी ने मंडल की तीसरी वंदे…
RECPDCL Hands Over 2 SPVs, Khavda IV A Power Transmission to Adani Energy Solutions and…
The projects havev been scheduled for implementation in 24 months.
PFC Consulting Limited Declares Final Dividend for FY 2023-24
New Delhi: ‘PFC Consulting Limited’, (PFCCL) a wholly-owned subsidiary of Power Finance Corporation Limited, a Maharatna CPSE, has announced its final dividend for the year ending March 2024. This was decided at the company’s 16th Annual…
PowerGrid Director-HR Yatindra Dwivedi Bestowed with CHRO PRIDE Award
Gurugram/New Delhi: Dr. Yatindra Dwivedi, Director (Personnel), Power Grid Corporation of India Limited has been conferred with CHRO PRIDE Award by the Top Rankers Management Club during their 24th National Management Summit – 2024 held at…
Latest GDP numbers cast a cloud over the great Indian growth story
New Delhi: During the first quarter of the current fiscal, real GDP grew by 6.7%, as against 7.8% in Q4, FY24 and 8.2% a year ago. The continuing decline in agriculture, private consumption along with a slowdown in government expenditure…
Nokia to expand its Fixed Networks R&D facility in Chennai
New Delhi: Telecom equipment maker Nokia said on Friday announced the expansion of its Fixed Networks R&D facility in Chennai, Tamil Nadu, on Friday. According to the company, the new facility will foster innovations in fiber, Wi-Fi,…
77 per cent of 119 million new borrowers are youngsters
MUMBAI: With as many as 77 per cent of the 119 million new borrowers who self-monitor their credit scores being GenZ and millennials, it’s clear that young people are spearheading the credit revolution in the country today and a whopping 81…
Cabinet approves Rs 4,136 crore to harness hydropower potential of North East
NEW DELHI: The government on Wednesday approved a proposal of the Ministry of Power to provide Central Financial Assistance (CFA) to the North Eastern Region (NER) state governments with an outlay of Rs. 4,136 crore for their equity…
3 cr accounts to be opened in ’25 under Jan Dhan Yojana: FM
NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday said that nearly 3 crore new accounts will be opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) during the current financial year.
Launched by Prime Minister Narendra Modi…
CCI approves Reliance-Disney India $8.5 billion merger
New Delhi: The Competition Commission of India (CCI) has approved the merger between Reliance Industries Ltd (RIL) and Disney's Indian media assets, thus paving the way for the creation of a $8.5 billion broadcasting empire that would be…
PowerGrid Corpn. Acquires Bhadla-III Power Transmission Limited
Gurugram: Power Grid Corporation of India Limited, a Maharatna CPSU under Ministry of Power has today acquired the Project Special Purpose Vehicle Bhadla-III Power Transmission Limited for establishing the transmission system associated…
Road developers’ revenue growth to be in the range of 5-7 per cent in next two years
Road developers have clocked an average 13 percent revenue growth each year in the past five years.
REC to fund Rs 45,000 crore for JN Port’s expansion projects
MUMBAI: The Maharana public sector non-bank lender REC has signed an agreement with the Jawaharlal Nehru Port Authority (JNPA) to finance up to Rs 45,000 crore for the nation’s largest container port’s various upcoming projects, which…
Heavy GST penalties on co executives face legal scrutiny
NEW DELHI: The Directorate General of Goods and Services Tax Intelligence (DGGI) has issued thousands of notices to various companies, as well as their directors and promoters, regarding the wrongful availment of input tax credit (ITC),…
Tax department made Rs 1.57 lakh crore refunds so far, says official
New Delhi: The Income Tax Department of the Ministry of Finance has processed refunds worth Rs 1.57 lakh crore so far, according to a top Government official. According to him, tax refunds are being processed in batches based on the order…
REC signs MoU with JNPA for financing Rs. 45,000 Cr
New Delhi: REC Limited, Maharatna PSU and a leading NBFC, signed an MoU with Jawaharlal Nehru Port Authority (JNPA) for financing upto Rs. 45,000 Cr for various upcoming projects of JNPA, which includes development of Vadhavan Port, says a…
Economists predict growth rates for June quarter from 6% to 7%
MUMBAI: Ahead of the official release of June quarter growth numbers next week, economists have offered differing forecasts, with rating agency Icra pegging the lowest at 6% and German brokerage Duestche Bank at the highest at 7% and…
Telecom players meet Scindia to discuss regulations on OTT platforms
NEW DELHI: Telecom minister Jyotiraditya Scindia recently met with top telecom service providers to discuss the regulation of Over-the-Top (OTT) communication services.
The meeting included Vodafone Idea CEO Akshaya Moondra, Reliance Jio…
