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Monthly Archives: September 2019

Shri Dharmendra Pradhan reviews performance of NMDC

Union Minister of Petroleum & Natural Gas and Steel Shri Dharmendra Pradhan visited the Corporate Office of NMDC Limited at Hyderabad today, and reviewed NMDC’s performance. The Minister met CMD, Directors and employees of the company. Shri Pradhan, during his interaction with the top management said, NMDC, being one of the largest mining companies in India, should focus on increasing ...

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OMC BAGS NATIONAL AWARD

Odisha Mining Corporation (OMC) is fast emerging a frontrunner in its role as a responsible corporate citizen in terms of its commitment and contribution to the socio-economic development of people in the mining regions and beyond. In recognition of its sustained efforts & significant contribution in Corporate Social Responsibility, the Gold Category State PSU has been conferred with award for ...

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Corporate tax rates slashed to 22% for domestic companies and 15% for new domestic manufacturing companies and other fiscal reliefs

The Government has brought in the Taxation Laws (Amendment) Ordinance 2019 to make certain amendments in the Income-tax Act 1961 and the Finance (No. 2) Act 2019. This was announced by the Union Minister for Finance & Corporate Affairs Smt Nirmala Sitaraman during the Press Conference in Goa today. The Finance Minister elaborated  further , the salient features of these ...

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Notification of Registration and Licensing of Industrial Undertaking (Amendment) Rules, 2019

G.S.R (E).- Whereas draft of certain rules further to amend the Registration and Licensing of Industrial Undertakings Rules, 1952, were published, as required by sub-section (1) of section 30 of the Industries (Development and Regulation) Act, 1951 (65 of 1951), vide notification of the Government of India in the Ministry of Commerce and Industry (Department for Promotion of Industry and ...

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NALCO holds 38th Annual General Meeting

    NALCO announces record 115% dividend amounting to Rs.1072.73 crore for 2018-19 • Best Performance in a Decade with Rs.1,732 Crore Net profit, a growth of 29% over previous year 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 ...

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India to achieve USD 26 Billion Defence Industry by 2025: Rajnath Singh

Raksha Mantri Shri Rajnath Singh has said the Government is committed to work towards achieving a USD 26 billion Defence industry by 2025. Addressing the second annual session of Society of Indian Defence Manufacturers here today, he said the Defence sector has been identified as one of the most prominent sectors under “Make in India” Initiative to realize USD 5 ...

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Ceremony held for award of contract of coal gasification plant for urea project at Talcher

Contract signing award ceremony for Coal gasification unit for production of Urea and Ammonia at Talcher fertilizer plant was held in New Delhi today. Rs 13,277 crore plant in the Angul district, Odisha, being promoted by GAIL, RCF, CIL and FCIL, will produce 1.27 MMTPA Urea and 0.73 MMTPA Ammonia. The coal gasification technology for the plant will be provided ...

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Digital Platform to Give Single Point Access to Exporters 

Union Minister of Commerce & Industry and Railways, Piyush Goyal and Minister of State for Commerce & Industry, Hardeep Singh Puri, launched Common Digital Platform for Issuance of electronic Certificates of Origin (CoO) in New Delhi . This platform will be a single access point for all exporters, for all FTAs/PTAs and for all agencies concerned. Certificate of Origin will ...

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Interdisciplinary Centre for Energy Research dedicated to the Nation

Union Minister of Science & Technology, Dr.  Harsh Vardhan, today inaugurated the National Centre for Clean Coal Research and Development at Indian Institute of Science (IISc)-Bengaluru.  Government of India through Department of Science & Technology, has set up the National Centre for Clean Coal Research and Development (NCCCR&D) as a national level consortium on clean coal R&D, led by the Indian ...

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Commerce and Industry Minister Launches Steel Import Monitoring System

Union Minister of Commerce & Industry and Railways, Piyush Goyal and Minister of State for Commerce & Industry, Hardeep Singh Purilaunched Steel Import Monitoring System (SIMS) in New Delhi The system has been developed in consultation with Ministry of Steelon the pattern of US Steel Import Monitoring and Analysis (SIMA) system. The SIMS will provide advance information about steel imports to Government ...

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