Joint Secretary, Ministry of Commerce and Executive Director, Dubai Expo 2020 signing participants contract today India and World Expo 2020 signed participants contract today for India’s pavilion in the prestigious World Expo 2020 held once in 5 years. The contract was signed by Shri Manoj K. Dwivedi, Joint Secretary, Ministry of Commerce, Government of India on Indian side and Mr. ...
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PM addresses CPSE Conclave
The Prime Minister, Shri Narendra Modi, attended the CPSE Conclave at Vigyan Bhawan in New Delhi today. Thematic presentations were made to the Prime Minister on subjects such as corporate governance, human resource management, financial re-engineering, innovations and technology, and Vision 2022 for New India. Addressing the gathering, the Prime Minister described this conclave as a new beginning in the ...
Read More »NALCO signs MoU for commercial scale nano based Emrion Deflouridation plants
After successful commissioning of first-of- its kind Defluoridation plant in the World using Nano based Emrion technology, the aluminium major National Aluminium Company Limited (NALCO) is all set for using this technology in commercial scale.It may be noted that NALCO has been using this technology in its Smelter Plant since February 2017 which has successfully addressed the endemic problem of fluoride contamination ...
Read More »Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies under various sections of Companies Act, 2013 due to non-filing of Financial Statements and Annual Returns
The Government has taken any steps against listed companies which are not functioning. Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies under various sections of Companies Act, 2013 due to non-filing of Financial Statements and Annual Returns. As on 31st December 2015, there were 15.19 lakh registered companies in India. Of these, 10.7 lakh companies were ...
Read More »Aluminium Development Council to be formed to bring development of Aluminium Sector in India – Dr. Chand
Mumbai/Bhubaneswar, 16/03/2018: Industry stalwarts in the aluminium sector, including the Consul General of Italy, senior Government officials, CEOs and Senior Executives of different organizations deliberated and stressed on a whole new world of opportunities that lie ahead for the ‘wonder metal’ at the National seminar on development of special alloys and composites of aluminium, held in Mumbai today. Dr. Tapan ...
Read More »Direct Tax collections for F.Y. 2017-2018 show growth of 19.5% up to february, 2018
The provisional figures of Direct Tax collections up to February, 2018 show that net collections are at Rs.7.44 lakh crore which is 19.5% higher than the net collections for the corresponding period of last year. The net Direct Tax collections represent 74.3% of the Revised Estimates of Direct Taxes for the Financial Year 2017-18 which stand at Rs. 10.05 lakh crore. Gross collections (before adjusting for refunds) have increased by 14.5% to Rs.8.83 lakh ...
Read More »In JSPL Safety Comes First: Atul Misra
“Jindal Steel & Power Ltd (JSPL) is committed for Zero Harm and collectively we can do it,” said Executive Director (I/C) and Unit Head Mr. Atul Misra, while addressing a huge gathering of employees, workers and contractors during observation of 47th National Safety Day at JSPL’s Angul Steel Plant. “The management is really thankful to all of you for ...
Read More »NALCO registers robust growth upto 3rd Quarter Quantum jump in net profit by 171% from Rs.400 crore last year to Rs.1085 crore
National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium,has declared its financial results for & upto 3rd quarter ended December 2017. According to the reviewed financial results for the 3rdquarter of the financial year 2017-18 taken on record by the Board in the meeting held ...
Read More »A record one Lakh Crore Rupees expected to be generated through disinvestment during the period 2017-18 Bank Recapitalization program will enable public sector banks to lend additional rupees 5 Lakh Crore
The Government has initiated efforts to generate funds as well as undertake banking sector reforms. The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitely, while presenting the General Budget 2018-19 in Parliament here today said that the Government has initiated the process of strategic disinvestment in 24 CPSEs including strategic privatization of Air India. Highlighting the Government’s effort ...
Read More »Italian delegation shows interest in investing in Angul Aluminium Park
The prospect of rapid expansion in the Aluminium sector in Odisha, especially in the upcoming Angul Aluminium Park has attracted the attention of the visiting high level delegation team from Italy to set the platform for investment and collaboration with its counterparts in Odisha and India.The Aluminium Association of India (AAI) held the Indo-Italian Metal Hub seminar in NALCO Nagar, ...
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