Shri Sridhar Patra, has taken over the charge of Director (Finance) of National Aluminium Company Limited (NALCO), the Navratna PSU under Ministry of Mines, Govt. of India, today, at the company’s corporate office in Bhubaneswar. Prior to this assignment, Shri Patra was with THDC India Ltd as the Director (Finance). Shri Patra comes with a rich and varied experience of ...
Read More »Yearly Archives: 2018
Estimates of Gross Domestic Product for the First quarter (April-June) of 2018-19
The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has released the estimates of Gross Domestic Product (GDP) for the first quarter (April-June) Q1, of 2018-19, both at constant (2011-12) and current prices, along with the corresponding quarterly estimates of expenditure components of the GDP. 2. The details of estimates of GDP for Q1 of 2018-19 are presented ...
Read More »Binoy Kumar Assumes Charge of Secretary in Steel Ministry
Binoy Kumar, has taken over as Secretary, Ministry of Steel, Government of India, here today. He had been posted as Officer on Special Duty in the Ministry since 21st May 2018. Prior to this, Binoy Kumar held the post of Special Secretary, Logistics, in the Department of Commerce, where he continued to hold additional charge till 31st July 2018. ...
Read More »Launch of National Mission on GeM
National Mission on Government e Marketplace (GeM) will be launched on 5th September 2018 to accelerate the adoption and use of GeM by major central Ministries, State Governments and their agencies. The aim of the National Mission is to promote inclusiveness, transparency and efficiency in public procurement and achieve cashless, contactless and paperless transaction. This will increase overall efficiency and lead ...
Read More »CCI decides another Lesser Penalty case in respect of cartelisation in Indian Zinc-Carbon Dry Cell Batteries Market
The Competition Commission of India (‘CCI’) passed a final order imposing penalty on Panasonic Energy India Co. Limited (‘Panasonic’) and Geep Industries (India) Private Limited (‘Geep’) for colluding to fix prices of zinc-carbon dry cell batteries in India. In respect of Panasonic, CCI granted 100 percent reduction in penalty by invoking the provisions of Section 46 of the Competition Act, ...
Read More »Environment Minister Releases India’s National Redd+ Strategy
Reiterating India’s commitment to Paris Agreement on Climate Change, Union Minister for Environment, Forest and Climate Change, Dr. Harsh Vardhan has emphasised that the cooperation and involvement of the tribals, other forest dwelling people and the society as a whole, is crucial for the implementation of the REDD+ strategy. Speaking at the release of ‘National REDD+ Strategy India’ here today, ...
Read More »NALCO announces record 114% dividend amounting to Rs. 1102 crore for 2017-18, highest ever since inception
Continuing its bull run, National Aluminium Company Limited (NALCO), the Navratna PSU under Ministry of Mines, Govt. of India, has once again brought cheer in the stock market by declaring record dividend payout of Rs 1102 crore – an increase from 56 % in 2016-17 to a whopping 114 % in 2017-18, which works out to Rs 5.70 per equity ...
Read More »Dredging Corporation of India Limited Announces 20% Dividend for 2017-18
The Dredging Corporation of India Limited has declared a 20% dividend on the paid up capital of Rs.28 Crore for the year 2017-18. A cheque of Rs. 4,11,44,026 (Rs. 4.11 Crore ) was handed over to Shri Nitin Gadkari, Minister of Shipping, Road Transport & Highways, Water Resources, River Development & Ganga Rejuvenation by Shri Rajesh Tripathi, CMD, DCI in ...
Read More »Government of India and the World Bank sign $300 Million Agreement to help scale-up India’s Energy Efficiency Program
The Government of India and the World Bank signed here today a $220 million Loan Agreement and a $80 million Guarantee Agreement for the India Energy Efficiency Scale-Up Program. The Program, to be implemented by the Energy Efficiency Services Limited (EESL), will help scale-up the deployment of energysaving measures in residential and public sectors, strengthen EESL’s institutional capacity, and enhance its access to ...
Read More »India’s first biofuel powered flight undertakes maiden voyage.
A historic flight powered by indigenously produced aviation biofuel based on patented technology of CSIR-IIP Dehradun was flagged off today from Dehradun airport by Uttarakhand CM Shri Trivendra Singh Rawat. The Spicejet flight, featuring a latest generation Q400 aircraft powered by ,was received at Delhi airport by Union Ministers Shri Nitin Gadkari, Dr Harsh Vardhan, Shri Dharmendra Pradhan, Shri Suresh ...
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