Browsing Category
Public Sector
LIC shares rally over seven per cent; reach 52-week high level
The government has granted a one-time exemption to LIC to achieve 25 per cent MPS within 10 years, the state-owned insurer said on Thursday.
Govt grants LIC one-time exemption from 25% public shareholding rule
Currently, LIC has a m-cap of Rs 4.84 lakh crore and the Government of India, the company’s largest stakeholder, holds a 96.50% stake in the company.
Union Min. RK Singh lays foundation stone for REC residential Complex
If the economy is to grow at 7.5%, our power sector needs to grow at 8.5%: asserts Mr. Singh
REC shines at the prestigious ICC-XIII PSE Excellence Awards 2023
The Power Sector PSU provides loans for infrastructure, Airports, Metros., power distribution, Renewable and even E-vehicle tech. Its loan book of REC exceeds Rs 4.74 Lakh crores.
PRS Delhi team gets a facelift with Youth and Oldies
New Delhi: Sarvesh Tiwari, a veteran communications and PR professional was elected as the Chairman of Public Relations Society Delhi at its 3rd Annual General Meeting on Sunday. Tiwari with over two decades of experience, as PR strategist…
REC CMD Vivek Dewangan conferred with ‘Most Sustainable Maharatna Leader’ award at World…
REC Limited, a Maharatna CPSE established in 1969, under Ministry of Power, provides long term loans and other finance products for Power-Infrastructure sector comprising of Generation, Transmission, Distribution, Renewable Energy and new…
State Level ‘Viksit Bharat@2047: Voice of Youth’ Campaign kicks off from Punjab Raj…
Governor beckons the State’s youth to ideate and contribute towards a resplendent India by 2047
ED Raids Congress leader Dheeraj Sahu’s Premises, Unearths ₹200 Crore in Cash
PM Modi shares newspaper clips of Rs 200 crores recovered in ED raids at premises linked to Congress MP and declared, ‘every penny will be returned to public’
REC signs 200 million euro loan with German Bank KfW to propel distribution sector reforms
REC Limited, was established in 1969, under Ministry of Power, and provides long term loans and other finance products for Power-Infrastructure sector comprising of Generation, Transmission, Distribution, Renewable Energy. etc.
The loan…
LIC launches guaranteed return plan
According to the insurer, policyholders can expect a lifelong benefit of 10% of the sum assured after the policy matures.
Assocham honours REC with ‘Best Employer in Diversity & Inclusion’ Award
Gurugram: REC Limited, a Maharatna CPSE under Ministry of Power, received the "Best Employer for Policies in Diversity & Inclusion" Award on Thursday at the 4th Diversity & Inclusion Excellence Awards and Conclave organized by…
आदिवासी परंपरा का गौरवगान -‘जनजातीय गौरव दिवस’
विविध संस्कृतियों और परंपराओं की भूमि भारत ने हमेशा देश की आजादी के लिए लड़ने वाले अपने बहादुर योद्धाओं के योगदान और बलिदान का जश्न मनाया है। हालाँकि, इस उत्सव के बीच, आदिवासी समुदाय की वीरता और संघर्ष पर अक्सर ध्यान नहीं दिया गया।…
ONGC’s second-quarter net profit falls 20 per cent
Oil prices globally had risen sharply in April-June 2022, after Russia’s invasion of Ukraine led to uncertainties over supply and demand, but rates have cooled this year.
REC signs MoU with RailTel, to Finance Infra Projects in Telecom, IT and Railway Signaling
Gurugram: Power Sector Maharatna REC Limited signed an MoU with RailTel on Thursday, to extend financial assistance upto Rs. 30,000 Crore for Infrastructure Projects to be executed by RailTel in next 5 years. These projects encompass a wide…
PFC delivers impressive profits in Q2’23; declares Rs. 4.50 interim Div.
New Delhi: Power sector Maharatna, Power Finance Corporation "has delivered another successful quarter for FY 2024 with 28% increase in profit vis-à-vis Q2’23, reflecting our inherent strengths. Sharing our success with our shareholders has…
Dept. of Pension & Pensioners’ Welfare launches Digital Life Cert. Campaign 2.0 from Nov. 1-30
Nationwide Digital Life Certificate Campaign 2.0 is being organized at 500 locations in 100 cities in all States/ UTs of India.
REC Declares its FIN. Results for Q2 & H1 FY24. Records Highest Ever Qly Profit at ₹3,773 Cr
Mumbai/New Delhi: REC limited, a ‘Maharatna’ company under the Ministry of Power, and registered with RBI as Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC), on Wednesday,…
NTPC Q2 profit rises 38 per cent at Rs 4,726 crore on account of higher revenues
Total income increased to Rs 45,384.64 crore in the quarter from Rs 44,681.50 crore in the same period a year ago.
PFC signs MoU with Ministry of Power for FY ’24 & FY ’25
New Delhi: Power sector Maharatna PSU, Power Finance Corporation Limited (PFC) signed a Memorandum of Understanding (MoU) with the Ministry of Power for FY 2023-24 and FY 2024-25 on October 23 as per the DPE’s performance evaluation system.…
Centre eases import curbs on PCs, laptops and tablets
Importers can change the quantity of goods purchased even after the issuance of an import authorisation.