Month: March 2026

New Delhi  — RailTel Corporation of India Ltd has announced that it has secured a significant government contract worth ₹29.69 crore (approximately $3.6 million) from the Jharkhand Education Project Council. The development was disclosed to stock exchanges in accordance with SEBI Listing Obligations and Disclosure Requirements Regulations 2015. Project Scope and Objectives Under the terms … Read more

New Delhi / Secunderabad: State-owned power giant NTPC Limited has strengthened its commitment to community development by rolling out a comprehensive healthcare and wellness initiative in Secunderabad. The program focuses on improving access to essential medical services while promoting preventive health through fitness infrastructure. As part of the initiative, NTPC has equipped 14 healthcare centres … Read more

New Delhi, India — NHPC Limited has disclosed that its subsidiary, NHDC Limited, has received an income tax demand notice totaling ₹231.78 crore (approximately $28 million), even as the parent company strengthened its position in a key hydropower asset. The tax notice, issued by India’s Income Tax Department, pertains to the Assessment Year 2024–25. The … Read more

Kolkata, India — Coal India Limited has secured a major battery energy storage project worth approximately ₹1,057 crore (about $127 million), marking a significant step in its transition toward clean energy infrastructure. The state-run mining giant announced that it has received a Letter of Award (LOA) from Telangana Power Generation Corporation Limited for the development … Read more

Duliajan  — Oil India Limited (OIL), one of India’s leading public sector energy companies, has achieved a record-breaking daily production of 147,159 barrels of oil equivalent (BOE) on March 26, 2026. This milestone marks the highest single-day output in the company’s history, highlighting its strong operational capabilities and strategic growth in the oil and gas … Read more

New Delhi  — NHPC Limited, one of India’s leading hydroelectric power developers, has announced that its Chutak Power Station in Ladakh has achieved its highest-ever annual electricity generation of 204.73 million units (MU) for the fiscal year 2025–26. This milestone marks a significant achievement for the plant since its commissioning in 2013. Located in the … Read more

Howrah  — Hooghly Cochin Shipyard Limited (HCSL), a wholly owned subsidiary of Cochin Shipyard Limited, has announced an opening for the position of Medical Officer on a contract basis at its facility in Howrah. Eligible candidates are invited to submit their applications via email no later than April 13, 2026. Position Overview The recruitment is … Read more

Bhopal : Mineral Exploration and Consultancy Limited (MECL), a state-owned mineral exploration firm under the Government of India, conducted a high-level field visit to its Burhar Coal Exploration Project in Madhya Pradesh, reinforcing its focus on operational efficiency and timely project execution. Senior Leadership Assesses On-Ground Progress On March 26, senior MECL officials, including S. … Read more

Mumbai : JSW Infrastructure Limited has announced that Independent Director Amitabh Kumar Sharma has officially stepped down from the company’s Board, effective at the close of business on March 27, 2026, following the completion of his second consecutive term. The company disclosed the development to stock exchanges, including BSE Limited and National Stock Exchange of … Read more

New Delhi : RailTel Corporation of India Ltd. has secured a major government contract worth approximately ₹444.44 crore (around $53 million), marking a significant milestone in its expansion into large-scale digital infrastructure projects. The Letter of Intent (LoI) was awarded by the Centre for e-Governance, appointing RailTel as the System Integrator for the Karnataka State … Read more

New Delhi : Ministry of Defence has signed contracts worth ₹858 crore (approximately $103 million) to strengthen the country’s air defense and maritime surveillance capabilities. The agreements cover the procurement of advanced Tunguska air defense missile systems for the Indian Army and comprehensive maintenance support for the Navy’s P-8I reconnaissance aircraft fleet. The contracts were … Read more

New Delhi : Bank of Baroda has entered into strategic Memorandums of Understanding (MoUs) with Tata Hitachi Construction Machinery Company Private Limited and SANY Heavy Industry India Pvt. Ltd. to enhance financing access for India’s construction and mining equipment sector, with a strong focus on Micro, Small, and Medium Enterprises (MSMEs). The agreements are aimed … Read more

New Delhi  — Power Grid Corporation of India Limited has announced the successful commissioning of the Transmission System for Power Evacuation from the Arun-3 (900 MW) Hydroelectric Project in Nepal – Indian Portion, marking a major step in strengthening cross-border energy cooperation between India and Nepal. Although the system became operational on September 3, 2023, … Read more

Faridabad  — NHPC Limited has signed a major implementation agreement with Jammu & Kashmir State Power Development Corporation Limited to develop two large hydroelectric projects totaling 500 megawatts (MW) in the Union Territory of Jammu and Kashmir. The agreement, finalized on March 27 in Jammu, marks a significant milestone in India’s push to expand renewable … Read more

Kolkata  — Coal India Limited and Damodar Valley Corporation have jointly incorporated a new company, DVC CIL Power Private Limited, marking a major step toward strengthening India’s energy and power transmission ecosystem. The newly formed entity has been officially registered with India’s Ministry of Corporate Affairs under Corporate Identification Number (CIN) U35102WB2026PTC287644. Structured as a … Read more

Kochi, India  : Cochin Shipyard Limited (CSL) has formally responded to penalties imposed by BSE Limited and National Stock Exchange of India for failing to comply with corporate governance norms under Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR). The fines—amounting to ₹977,040 (approximately $11,700) each, inclusive of GST—were levied … Read more

New Delhi  — India’s Production Linked Incentive (PLI) programs have emerged as a powerful engine for economic growth, generating over 1.439 million jobs and driving ₹20.41 lakh crore (approximately $245 billion USD) in incremental production as of December 31, 2025, according to the Government of India. The flagship initiative, a cornerstone of the country’s Make … Read more

Shimla  — SJVN Limited has announced a major milestone at its 412 MW Rampur Hydro Power Station in Himachal Pradesh, which has achieved its highest-ever annual electricity generation. The plant recorded a total output of 2,098.03 million units, surpassing its previous peak set in fiscal year 2019–20. This achievement underscores the company’s continued focus on … Read more

Chennai  — Indian Overseas Bank (IOB) has received a tax demand notice amounting to ₹642.74 crore (approximately $77 million USD) from India’s Income Tax Department for the Assessment Year 2016–17. The demand follows the implementation of an order issued by the Income Tax Appellate Tribunal (ITAT), according to an official disclosure by the bank. The … Read more

New Delhi  — India’s Ministry of Railways has approved the extension of deputation for Sahitya Kumar Gupta, who currently serves as Executive Director (Operations/Corporate Office) at RailTel Corporation of India Ltd.. The extension will remain in effect through April 19, 2027, or until further orders, according to an official notification issued on March 27, 2026. … Read more