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 ...

  Union Minister of Commerce & Industry and Civil Aviation today chaired a meeting of different exports stakeholders and Commerce Ministry officers to discuss a strategy for revitalizing India’s exports and doubling the country’s exports by 2025. The Minister said that this is necessary in view of challenges like uncertainty of global trade, rigid approach of banks affecting availability of ...

The total cotton production and consumption in the country during the current crop year i.e. 2018-19 is not available. However, State-wise estimated production of cotton, as per the Third Advance Estimates for the year 2017-18, is as under:   State Production (in lakh bales of 170 kgs. each) Andhra Pradesh 20.38 Gujarat 126.37 Haryana 16.26 Karnataka 12.24 Madhya Pradesh 18.69 ...

The State Level Single Window Clearance Authority Meeting held under the Chairmanship of Chief Secretary Sri Aditya Prasad Padhi accorded in principle approval to 4 investment proposals envisaging investment of around Rs.349 cr.  These projects, mainly in pharmaceuticals, textiles, downstream industries in metals and minerals sectors would create employment opportunities for more than 6000 people. The meeting was held today ...

For incubation and funding support more than 550 Startups have been mentored, 2,20,000 registrations have been achieved and over one lakh queries have been handled by the Startup India Hub as of June, 2018. Eighty incubation centers including Atal Incubation Centres and Established Incubation Centres have been selected for funding by the NITI Aayog in the second phase of Statrup ...

The Khadi and Village Industries Commission (KVIC), for the third successive time, received an order of Rs 8 crore from Air India for the supply of amenity kits consisting of Khadi herbal beauty care products for its international passengers.The amenity kits include Khadi hand sanitizer, moisturizer lotion, handmade soap, lip balm, Khadi rose face wash and essential oils. Giving this ...

 Aiming to increase its foothold in the Aluminium industry, NALCO, organized a Meet of customers and vendors in the Western region in Mumbai. Addressing the large gathering in the financial capital, Dr. Tapan Kumar Chand, CMD, NALCO, said, ‘’Consumption of Aluminium in India will see a quantum jump by 2030 and the country has to enhance its production to meet ...

          Shri Suresh Prabhu, Minister for Civil Aviation today reviewed the growth of airport infrastructure in India and called for preparation of a holistic “Vision – 2035” document. The vision document is expected to address issues such as congestion at airports, runways and airspace; development of unserved and under-served airports; ways and means to boost the air connectivity to small ...

On achieving the global benchmark of low cost producer in Bauxite Mining and Alumina making, National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Government of India, has proved its mettle by registering high in terms of both physical and financial performances. According to the audited financial results for 2017-18, taken on record by the Board of ...

Renowned industrialist and founder of Indian Metals & Ferro Alloys Ltd (IMFA) Bansidhar Panda passed away at his residence here today, family sources said. He was 87 and predeceased by his wife Ila Panda. Born in 1931, research scientist Dr. Panda had envisioned the industrial growth of the State by using its huge mineral resources after his return from the United States of America. ...