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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 ...

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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 ...

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NIC launches new data centre in Bhubaneswar; to hire 800 people all India in 1 year 

  Bhubaneswar becomes the fourth National data centre of National Informatics Centre (NIC) after Delhi, Hyderabad and Pune.The new cloud-enabled National Data Centre aims to offer round-the-clock operations with secure hosting for various e-governance applications of Central and State Governments and has ability to support 35,000 virtual servers.Unveiling the data centre Union Minister of Electronics & IT, Sh. Ravi Shankar ...

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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 ...

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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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NALCO inks MoU with Government of India for FY 2018-19  Sets 100% capacity utilization in Alumina, Rs.1100 cr CAPEX & Higher Targets in production& productivity

  Aluminium major &Navratna CPSE National Aluminium Company Limited (NALCO) has signed MoU with the Ministry of Mines, Govt. of India, setting highest ever target of Rs 9350 crore revenue from operations for FY 2018-19 which is 15% higher than last year. The MoU was signed between Shri Anil GopishankarMukim, Secretary, Ministry of Mines, GoI and Dr.Tapan Kumar Chand, CMD, ...

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CIM addresses First Inter-Ministerial meeting on Sectoral Export Promotion Strategy 

Minister of Commerce & Industry and Civil Aviation Minister, Suresh Prabhu, today addressed secretaries and senior officers in the first inter-ministerial meeting on Sectoral Export Promotion Strategy. The meeting was attended by Secretaries to Government of India from Department of Commerce, DIPP, Electronics and IT, Animal Husbandry and Dairying and MSME, besides senior officers from about 14 other administrative Ministries/Departments ...

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National Foreign Trade Directory Released 

    Giriraj Singh, Minister of State (independent Charge) for Micro, Small & Medium Enterprises(MSME), Government of India & MSME Secretary, Dr. Arun Kumar Panda, released a directory to facilitate the exporters during the recently concluded    International SME Convention- 2018 in New Delhi.  The directory provides information about export-import offices of policy makers, regulators, facilitators and all export promotion councils, ...

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CII Withdraws from Make in Odisha, Stirs Controversy

  Confederation of Indian Industry (CII) has decided to pull out from the upcoming Make In Odisha Conclave, a mega business meet scheduled for November 2018. Though Jagi Mangat Panda, chairperson of CII (Eastern Region), had termed the decision of the CII as “disappointing”, she was still sought to be cornered by the BJD apparently because of her husband’s changed equations with ...

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Women Entrepreneurs share their Experiences in International SME Convention 

    Women entrepreneurs from India, Finland, Italy, Russia and Cambodia today shared their experiences of success and obstacles faced, in a session during the first ever International SME Convention being held in New Delhi from 22nd to 24th April 2018. A special session was devoted to “Women   Entrepreneurs —Sustainable Livelihoods to Successful Business” and was chaired by Additional Secretary & Development ...

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