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Day: July 26, 2026

CARE Ratings Reaffirms BPCL’s Commercial Paper Rating at CARE A1+, Strengthening Investor Confidence

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MUMBAI: Bharat Petroleum Corporation Limited (BPCL) has announced that CARE Ratings Limited has reaffirmed its highest short-term credit rating, CARE A1+, for the company’s existing Commercial Paper (CP) issuances. The rating agency has also assigned the same CARE A1+ rating to BPCL’s proposed future Commercial Paper issuances, reinforcing the company’s strong financial standing and creditworthiness. … Read more

Rashtriya Chemicals and Fertilizers Promotes Shashikant R. Hedau as General Manager (IPD)

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MUMBAI: Rashtriya Chemicals and Fertilizers Limited (RCF), one of India’s leading public sector fertilizer and chemical companies, has announced the promotion of Shri Shashikant R. Hedau as General Manager (Industrial Products Division – IPD) under the company’s Senior Management Personnel (SMP). The appointment reflects RCF’s continued focus on strengthening its leadership team with experienced professionals … Read more

India Expands Maritime Employment Opportunities with New Training Berths and Record Growth in Inland Waterways Cargo

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NEW DELHI: In a major push to strengthen India’s maritime workforce and promote sustainable logistics, the Government of India has announced significant initiatives to enhance employment opportunities, improve maritime training, and accelerate the growth of inland waterways transportation. According to a written reply in the Lok Sabha by Union Minister of Ports, Shipping and Waterways, … Read more

Government Celebrates Launch of First Appraisal Well in Mahanadi Offshore Basin, Strengthening India’s Energy Security Mission

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NEW DELHI: In a landmark milestone for India’s oil and gas exploration sector, the Government of India has announced the successful spudding of the country’s first deepwater appraisal well, MN-DWN18-1-HD, in the Mahanadi Offshore Basin. The project is being hailed as a significant step toward enhancing India’s energy security, domestic hydrocarbon production, and energy self-reliance. … Read more

RVNL Board Takes Note of NSE and BSE Fines Over Delay in Independent Director Appointments

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NEW DELHI: Rail Vikas Nigam Limited (RVNL) has informed the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) that its Board of Directors has taken note of the fines imposed on the company for non-compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The matter was reviewed during … Read more

ONGC Spuds First Deepwater Exploratory Well in Mahanadi Basin, Advancing India’s Offshore Energy Mission

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NEW DELHI: In a landmark development for India’s energy sector, Oil and Natural Gas Corporation (ONGC) has officially commenced drilling its first deepwater exploratory well in the Mahanadi Offshore Basin, marking a major milestone in the country’s ambitious offshore exploration program. The well, named MN-DW18-1-H-D, was virtually spudded on July 25, 2026, by Union Minister … Read more

AU Small Finance Bank Reports 37% Jump in Q1 FY27 Net Profit; Yogesh Jain Elevated as Deputy CEO

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MUMBAI: AU Small Finance Bank Limited has announced an impressive set of unaudited financial results for the first quarter of Financial Year 2026–27 (Q1 FY27), reporting a 37% year-on-year (YoY) increase in net profit. Alongside the strong earnings, the Bank’s Board of Directors approved key leadership changes, finalized the Annual General Meeting (AGM) schedule, and … Read more

RVNL Board Approves Closure of South Africa Subsidiary, Extends Internal Auditor, and Appoints New Cost Auditor

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NEW DELHI: Rail Vikas Nigam Limited (RVNL), one of India’s leading public sector railway infrastructure companies, has announced a series of important decisions following its Board of Directors meeting held on July 25, 2026. The meeting, conducted from 11:00 AM to 12:20 PM, focused on strengthening the company’s governance, streamlining international operations, and enhancing financial … Read more

Punjab National Bank Signs MoU with IGBC to Boost Green Housing Finance Across India

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NEW DELHI: In a significant move toward sustainable development and green financing, Punjab National Bank (PNB) has signed a Memorandum of Understanding (MoU) with the Indian Green Building Council (IGBC) to promote environmentally friendly housing across India. The collaboration aims to make green homes more affordable and accessible by providing special financing benefits to homebuyers … Read more

Senior Officer Deepa D. Nair Appointed as CEO of Coconut Development Board

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NEW DELHI: The Appointments Committee of the Cabinet (ACC) has approved the appointment of Ms. Deepa D. Nair, IFoS (Tripura: 2001 Batch), as the Chief Executive Officer (CEO) of the Coconut Development Board (CDB) at the Joint Secretary (JS) level. The appointment has been made under the Department of Agriculture & Farmers Welfare, Government of … Read more

India Approves Two Key Director-Level Appointments; American Governance Experts Welcome the Move

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NEW DELHI, July 25, 2026: The Appointments Committee of the Cabinet (ACC) has approved two important Director-level appointments aimed at strengthening leadership in India’s commerce and agriculture sectors. The appointments involve Ms. Amulya K.G. as Director (Finance) of the Coffee Board and Shri Anoop Khinchi as Director General of the Chaudhary Charan Singh National Institute … Read more

How Gurdeep Singh Transformed NTPC into a Future-Ready Energy Giant: Two American Experts Weigh In

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NEW DELHI, July 25, 2026: NTPC Limited, India’s largest integrated power utility, has undergone a remarkable transformation under the leadership of Chairman and Managing Director (CMD) Gurdeep Singh, who has led the company since February 2016. As his tenure comes to a close on July 31, 2026, industry experts are reflecting on a decade that … Read more