JSPL Foundation, the CSR Arm of Jindal Steel & Power Ltd (JSPL), has announced two scholarship programme – OP Jindal Star and OP Jindal Jewel – for economically weaker meritorious students from the vicinity area of its operations across India, including Angul, Barbil and Tensa in Odisha. Through the Scholarship programmes, to be launched on 88th Birth Anniversary of Shri ...
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2,25,910 companies under scanner of MCA for not filing returns for Year 2015-16 & 2-16-17
Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary said in Lok Sabha today that during financial year 2018-19, a total of 2,25,910 companies have been identified for action under Section 248 of the Act on the basis of non- filing of due returns for the financial Year 2015-16 & 2016-17. Due procedure shall be followed ...
Read More »NALCO CMD bats for MSMEs: Chartered Accountants to support MSMEs in tax compliances
India is all set to emerge as the third largest economy of the world with a quantum jump in its GDP by 2030. The role of the Chartered Accountants in this context is very crucial,” said Dr. Tapan Kumar Chand, CMD of Navratna NALCO. He was addressing the gathering of Chartered Accountants from across the country during the National CA ...
Read More »Net Profit of Coal India Limited
The Profit after Tax of Coal India Limited (Consolidated) for 4thquarter of FY 2017-18 was Rs 1295.34 crores as against Rs2718.80 crores in the corresponding 4th quarter of FY 2016-17 registering a decline of Rs 1423.46 crores which is around 52%. The major reason for dip in net profit was on account of impact of past service cost of Rs 7384.37 ...
Read More »Managing Business Risks in Uncertain Times
With its vast natural resources, Odisha is ranked as a top investment destination of India, yet the State remains one of the most backward States of India along with other eastern States of Jharkhand, Bihar and Chhatisgarh. Such contradictory situation can be explained by number of causative factors including low levels of entrepreneurship, risk averse mind set and non-application ...
Read More »Dr. T.K Chand receives Knowledge Excellence Award from Secretary, Mines, Govt. of India for Outstanding Contribution in Aluminium Knowledge domain Dr. Tapan Kumar Chand, CMD, NALCO, called upon industry leaders, policy makers and stakeholders in the Aluminium value chain to scale up production of the ‘wonder metal’ to meet the rising demand as consumption of Aluminium is poised to reach ...
Read More »NTPC Ltd.- profit after tax up by 10.21%
The Country’s largest power generator – NTPC Ltd. who along with its group companies, has installed capacity of 53651 MW, declared the audited annual financial results for the year 2017-18 along with the unaudited financial results for fourth quarter of the year 2017-18. For FY 2017-18, NTPC Ltd. generated 265.80 Billion Units against 250.31 Billion Units generated in the previous year, registering ...
Read More »Civil Aviation Ministry to prepare a holistic ‘Vision – 2035’ document
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 ...
Read More »Global Benchmarking helps NALCO double its Net Profit Registers Rs.1342 crore in 2017-18 against Rs.669 crore last year
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 ...
Read More »IMFA Chairman Bansidhar Panda Passes Away
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. ...
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