Mumbai, India: In a significant boost to India’s domestic defense manufacturing ecosystem, Bharat Electronics Limited (BEL) has awarded a ₹52.82 crore contract to Paras Defence and Space Technologies Limited (NSE: PARAS, BSE: 543367) for the supply of advanced Electro-Optics Systems. The order, valued at ₹52.82 crore (inclusive of taxes), is a domestic contract and is … Read more
New Delhi : Indraprastha Gas Limited (IGL), one of India’s largest City Gas Distribution (CGD) companies, has announced the appointment of Ajai Tyagi as Head of Business Development & Corporate Strategy, effective June 1, 2026. The leadership change comes following the retirement of Sanjeev Kumar Bhatia, who previously led the strategic business function within the … Read more
New Delhi : Bharat Heavy Electricals Limited (BHEL), India’s leading state-owned engineering and manufacturing company, has announced a board-level change following the completion of the tenure of Independent Director Ramesh Patlya Mawaskar. In a regulatory filing submitted to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, BHEL … Read more
New Delhi : The Government of India, through the Ministry of Power, has launched an Offer for Sale (OFS) in NHPC Limited, offering investors an opportunity to acquire shares in one of the country’s leading hydropower producers. The offering opened for institutional and non-retail investors on June 2, 2026, while retail investors and eligible employees … Read more
New Delhi : In a significant boost to India’s overseas energy interests, Bharat Petroleum Corporation Limited (BPCL) has announced a major milestone in the development of Brazil’s BM-SEAL-11 offshore oil and gas concession, following the signing of a key Floating Production Storage and Offloading (FPSO) contract. On May 29, 2026, Petrobras, the operator of the … Read more
NEW DELHI — NLC India Limited (NLCIL) and Reliance Industries Limited (RIL) have entered into a strategic partnership to explore the development of an Underground Coal Gasification (UCG) project in Gujarat, marking a significant step toward strengthening India’s domestic energy resources and reducing dependence on imported fuels. The two companies have signed a joint agreement … Read more
NEW DELHI — Oil and Natural Gas Corporation Limited (ONGC), India’s largest oil and gas exploration and production company, has announced a significant change in its senior management following the retirement of three Executive Directors upon attaining the age of superannuation. In a regulatory disclosure submitted to the stock exchanges on June 1, 2026, ONGC … Read more
New Delhi : State-owned Hindustan Petroleum Corporation Limited (HPCL) has announced key changes in its senior management team following the retirement of two Executive Directors who have superannuated from service. The leadership transition became effective on June 1, 2026, and was disclosed through a regulatory filing submitted to the stock exchanges. In its filing under … Read more
New Delhi : Power Finance Corporation (PFC), one of India’s leading public sector financial institutions and a key player in the country’s power sector financing ecosystem, has announced the retirement of its Executive Director, G. Jawahar, effective May 31, 2026, following his attainment of the age of superannuation. The announcement was made through a regulatory … Read more
New Delhi, June 1, 2026: Petronet LNG Limited (PLL) has announced June 12, 2026, as the Record Date for determining shareholder eligibility for its proposed final dividend of ₹3 per equity share for the financial year 2025-26 (FY26). The announcement was made through a regulatory filing submitted to the stock exchanges on Monday. The company … Read more
MUMBAI — Bharat Petroleum Corporation Limited (BPCL), one of India’s leading state-owned energy companies, has bid a heartfelt farewell to Shri Manoj K., Executive Director – Biofuels & Major Projects (Exploration & Production), following his retirement on May 31, 2026, after an illustrious career spanning nearly 40 years. The retirement marks the conclusion of a … Read more
NEW DELHI — Admiral Krishna Swaminathan officially assumed charge as the 27th Chief of the Naval Staff (CNS) of the Indian Navy on Saturday, succeeding Admiral Dinesh Kumar Tripathi, who retired after completing more than 41 years of distinguished service to the nation. A highly respected naval leader and a specialist in Communication and Electronic … Read more
NEW DELHI — NHPC Chairman and Managing Director (CMD) Bhupender Gupta officially inaugurated construction activities for the 240 MW Uri-I Stage-II Hydroelectric Project in the Uri region of Baramulla district, Jammu & Kashmir, marking a significant step forward in the development of India’s renewable energy infrastructure. The inauguration ceremony commenced with the first blast for … Read more
AHMEDABAD : Royal Challengers Bengaluru (RCB) etched their name deeper into Indian Premier League (IPL) history by securing their second consecutive championship, defeating the Gujarat Titans (GT) by five wickets in the IPL 2026 Final at the Narendra Modi Stadium in Ahmedabad on Sunday. With the victory, RCB became only the third franchise in IPL … Read more
New Delhi — Two major public sector lenders, Bank of India (BOI) and Punjab National Bank (PNB), have announced their latest lending rate revisions effective June 1, 2026, reflecting differing approaches to managing funding costs and lending benchmarks. While Bank of India has increased select Marginal Cost of Funds-Based Lending Rates (MCLR) across short- and … Read more
WASHINGTON, D.C. — International tourism is often portrayed as a gateway to freedom, adventure, and cultural exchange. Yet a recent academic study has revealed a starkly different reality for millions of travelers who hold what are commonly referred to as “weak passports.” According to researchers, the experience of crossing international borders can be significantly more … Read more
India Strengthens Military Leadership with Appointment of New CDS New Delhi, May 31, 2026: India entered a significant new phase in its defense leadership on Sunday as General N.S. Raja Subramani officially assumed charge as the country’s new Chief of Defence Staff (CDS). The appointment comes at a crucial time when India is accelerating military … Read more
Mumbai, India |India’s leading power sector financier, REC Limited, has announced the successful transfer of two power transmission Special Purpose Vehicles (SPVs) through its wholly owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL). The transaction marks another significant milestone in India’s ongoing efforts to strengthen and expand its power transmission infrastructure through private-sector participation. … Read more
Faridabad, India : India’s leading state-owned hydropower company, NHPC Limited, has announced significant changes in its leadership structure, including the retirement of its Director (Personnel), Shri Uttam Lal, and updates to its senior management team. The development was formally disclosed through a regulatory filing submitted to stock exchanges under Regulation 30 of the SEBI (Listing … Read more
New Delhi | Financial Markets Report As Indian investors seek smarter ways to balance risk and returns in an increasingly volatile market environment, Hybrid Mutual Funds are emerging as a preferred investment vehicle. Financial experts say many of the allocation principles driving these funds are remarkably similar to strategies employed by the best Portfolio Management … Read more
New Delhi | Financial Technology Report In an era where digital finance is rapidly transforming access to credit, instant cash loan apps are becoming an increasingly popular solution for individuals struggling with low CIBIL scores and limited access to traditional banking services. Financial experts say the growth of mobile-based lending platforms is helping bridge the … Read more
Mumbai, India |Gujarat Energy Limited, formerly known as Gujarat Gas Limited, announced a robust financial performance for the fourth quarter of fiscal year 2025-26, reporting a standalone net profit of ₹521 crore for the quarter ended March 31, 2026. The impressive result marks a significant turnaround from the ₹45 crore profit reported during the same … Read more
New Delhi : In a significant administrative move aimed at ensuring uninterrupted vigilance oversight in the public sector energy domain, the Department of Personnel and Training (DoPT) has approved the appointment of Shri Ved Prakash Verma, Chief Vigilance Officer (CVO) of Hindustan Petroleum Corporation Limited (HPCL), to hold the additional charge of Chief Vigilance Officer … Read more
New Delhi — In a major digital transformation aimed at simplifying provident fund services for millions of salaried employees, the Employees’ Provident Fund Organisation (EPFO) is preparing to launch its highly anticipated EPFO 3.0 platform. The upgraded system is expected to revolutionize how employees access their Provident Fund (PF) savings by allowing direct withdrawals through … Read more
