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Hooghly Cochin Shipyard Limited Invites Applications for Contract Medical Officer Position

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

Mineral Exploration and Consultancy Limited Reviews Burhar Coal Exploration Project During Senior Leadership Field Visit

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

JSW Infrastructure Limited Announces Exit of Independent Director Amitabh Kumar Sharma After Completion of Second Term

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

RailTel Secures $53 Million KSWAN 3.0 Contract to Upgrade Karnataka’s Digital Infrastructure

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

India Signs $103 Million Defense Deals for Air Defense Missiles and Naval Aircraft Maintenance

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

Bank of Baroda Signs Strategic MoUs with Tata Hitachi and SANY to Expand MSME Equipment Financing

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

POWERGRID Commissions Transmission System for 900 MW Arun-3 Hydropower Project in Nepal

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

NHPC Signs Deal to Develop 500 MW Hydropower Projects in Jammu & Kashmir

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

Coal India and DVC Form ₹3.13 Billion Joint Venture to Expand India’s Power Infrastructure

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

Cochin Shipyard Responds to SEBI Fine, Moves to Strengthen Board Compliance

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

India’s PLI Programs Generate 1.4 Million Jobs, Drive $245 Billion in Output

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

SJVN’s Rampur Hydro Plant Sets Record Output, Crosses 2,098 Million Units

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

Indian Overseas Bank Faces ₹642.74 Crore Tax Demand, Plans Legal Challenge

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

Railways Ministry Extends Deputation of Sahitya Kumar Gupta at RailTel Through April 2027

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

Saatvik Solar Subsidiary Wins ₹14 Crore Solar Module Supply Contract, Strengthening Renewable Portfolio

Gurugram  — Saatvik Solar Industries Private Limited, a key subsidiary of Saatvik Green Energy Limited, has secured a significant order valued at ₹14 crore (approximately $1.7 million USD) for the supply of solar photovoltaic (PV) modules. The contract has been awarded by leading domestic Independent Power Producers (IPPs) and Engineering, Procurement, and Construction (EPC) companies, … Read more

GIPCL Secures Overwhelming Shareholder Approval for Key Resolutions in Postal Ballot

Vadodara, India — Gujarat Industries Power Company Limited (GIPCL) has received resounding shareholder approval for two significant ordinary resolutions through a postal ballot process, reinforcing confidence in the company’s governance and strategic direction. Both resolutions were passed with more than 99% of votes in favor, reflecting strong backing from investors across categories. The postal ballot, … Read more

India’s LPG Supply Stable as BPCL Boosts Production by 40%, Ensures One Month of Stock

New Delhi, India — State-run energy major Bharat Petroleum Corporation Limited (BPCL) has assured consumers across India that cooking gas supplies remain secure, backed by a sharp rise in domestic production and well-planned imports to meet national demand. The company emphasized there is no shortage of Liquefied Petroleum Gas (LPG) and urged households to avoid … Read more

Political Turmoil Erupts in Bhilai Civic Body as $100M Budget Passed Amid No-Confidence Motion

Durg, India: A routine budget session of the Bhilai Municipal Corporation turned into a major political flashpoint just ahead of local elections, as council members passed an estimated ₹8.38 billion (approximately $100 million) budget for the 2026–27 fiscal year amid chaos, आरोप-प्रत्यारोप, and a no-confidence motion against the municipal commissioner. Budget Presentation Sparks Uproar Mayor … Read more

Liquor & Beer May Get Costlier in India as Industry Seeks 15% Price Hike Amid West Asia Crisis

New Delhi, India: Alcohol consumers in India may soon have to pay significantly more for their drinks, as the country’s liquor and beer industry has formally urged state governments to approve a price increase of up to 15%. The demand comes in response to rising raw material costs and supply chain disruptions triggered by ongoing … Read more

How Small Extra Payments Are Helping Borrowers Cut Years Off Personal Loan Tenures

New Delhi: A growing number of personal loan borrowers are discovering a simple but powerful strategy to reduce their debt burden—making small, consistent extra payments alongside their regular EMIs. Financial experts say this approach can significantly shorten loan tenure and reduce total interest paid, even without large lump-sum contributions. Traditionally, borrowers focus primarily on ensuring … Read more

GAIL (India) Ltd. Hands Over ₹1,693.79 Crore Interim Dividend to Government, Reinforcing Strong Financial Performance

New Delhi : In a clear demonstration of its financial strength and commitment to shareholder value, GAIL (India) Limited, India’s leading natural gas company, presented an interim dividend cheque of ₹1,693.79 crore to the Government of India. The cheque was formally handed over to Dr. Arunish Chawla, Secretary of the Department of Investment and Public … Read more

Punjab National Bank Updates Statutory Central Auditors for FY 2025–26

New Delhi : Punjab National Bank (PNB), one of India’s largest public sector lenders, has announced a revision in its Statutory Central Auditors (SCAs) for the financial year 2025–26. The change has been made in accordance with directives issued by the Reserve Bank of India (RBI) and in compliance with the Securities and Exchange Board … Read more

Bandhan Bank Appoints Debashish Mukherjee as Independent Director Following Finance Ministry Approval

Mumbai : Bandhan Bank Limited (NSE: BANDHANBNK, BSE: 541153) has announced the appointment of Debashish Mukherjee as an Independent Director on its Board, effective March 25, 2026. The appointment comes after receiving formal approval from India’s Ministry of Finance, reinforcing the bank’s commitment to strong corporate governance and independent oversight. Board-Approved, Government-Cleared Appointment The appointment … Read more