Shri Alok Tandon, ,Secretary, Ministry of Mines, Govt. of India, inaugurated NALCO’s Lean Slurry Project at Angul today, marking a significant milestone in the Navratna Company’s journey for Business Excellence and adopting outstanding practices in environmental management. Completion of the Lean Slurry Project by the Company will ensure 100% utilization of ash generated at the Company’s Captive Power Plant (CPP) ...

Mahanadi Coalfields Limited (MCL), the leading coal producer, has dispatched over 5.47 lakh ton coal to consumers yesterday breaking its own record of 5.45 lakh tonne within a fortnight. The Company dispatched the highest ever 103 rakes of coal with 65 rakes coming from Talcher coalfields while 38 rakes were supplied from Ib Valley coalfields. Shri P K Sinha, Chairman-cum-Managing ...

The Competition Commission of India (‘CCI’) passed a final order against three beer companies, namely United Breweries Limited (‘UBL’), SABMiller India Limited (now renamed as Anheuser Busch InBev India Ltd. after being acquired by Anheuser Busch InBev SA/NV) (‘AB InBev’) and Carlsberg India Private Limited (‘CIPL’) for indulging in cartelisation in the sale and supply of beer in various States and Union ...

The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2016 on 14th July, 2021. The amendment regulations enhance the discipline, transparency, and accountability in corporate insolvency proceedings: A.A corporate debtor (CD) may have changed its name or registered office address prior to commencement of insolvency. ...

National Aluminium Company Limited (NALCO), the NavratnaCPSE, under the Ministry of Mines, GOI and India’s largest integrated manufacturer and exporter of alumina and aluminium, has reported results for the Financial Year 2020-21. According to the audited financial results, taken on record in the Board of Directors meeting held today at Bhubaneswar, NALCO has posted an impressive net turnoverand net profit ...

Union Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan today dedicated the COVID Care Centre at Jindal Steel & Power Ltd (JSPL) Plant Angul, Odisha in the presence of Odisha Health & Family Welfare Minister Shri Naba Kisore Das and JSPL’s Chairman Shri Naveen Jindal. Sambalpur MP Shri Nitesh Ganga Deb, Chhendipada MLA Shri Susanta Kumar Behera, ...

Moved by the second wave of the COVID pandemic, National Aluminium Company Limited (NALCO), a Navratrna CPSE under the Ministry of Mines, Govt. of India is leaving no stone unturned to stand in solidarity with the people of Odisha, in the fight against COVID-19. Deeply concerned by the surge in the number of cases and sufferings of people, NALCO is ...

Business done by HAL in last ten years is as under:- Rs. In Crore Particulars 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 Revenue from Operations 13124 14211 14328 15135 15730 16758 17950 18519 20008 21438 Profit before tax 2839 3328 3497 3578 3172 3207 3583 3240 3742 3928 The list of defence equipment manufactured by HAL is ...

Whenever any violation of CSR provisions is reported, action against such non-compliant Companies are initiated as per provisions of the Act after due examination of records and following due process of law. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha today. ...

The Minister of State for Finance & Corporate Affairs Shri Anurag Singh Thakur said that 1,38,051 new companies registered in the current Financial Year from April 2020 to February 2021 while  10,113 of Companies have been struck off by invoking the Provisions of section 248 of the Companies Act, 2013 from April 2020 to February 2021. This the Minister stated in ...