Industry - The S Bharat

MMTC Faces Auditor Scrutiny Over ₹82.82 Crore Provision Gap as Government Pushes Complete Business Exit

NEW DELHI, June 8, 2026: State-owned trading company MMTC Ltd. is facing heightened scrutiny after its statutory auditors issued a qualified opinion on the company’s FY2025-26 financial statements, citing a significant accounting discrepancy related to the long-running Anglo Coal dispute. The findings

June 8, 2026

India·Industry·Madhya Pradesh·Market·Mumbai

Anand Mahindra Applauds India’s Strong GDP Growth, Warns Against Complacency Amid Global Challenges

Mumbai — Prominent Indian business leader Anand Mahindra, Chairman of the Mahindra Group, has praised India’s latest economic performance after official data showed the country achieved stronger-than-expected growth during the financial year 2025-26. Reacting to the figures, Mahindra said that India has

June 7, 2026

India·Industry·NTPC·West Bengal

NTPC and UPRVUNL Sign SJVA-III to Expand Meja Power Plant Capacity to 3×800 MW

Lucknow, India | In a major boost to India’s power generation sector, NTPC Limited and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have signed the Supplementary Joint Venture Agreement (SJVA)-III to significantly expand the capacity of the Meja Thermal Power Project.

June 5, 2026

Delhi·India·Industry

GRSE Awaits ₹40,000 Crore Contract for Eight Next Generation Corvettes for the Indian Navy

Kolkata : Garden Reach Shipbuilders & Engineers (GRSE) Limited is poised to secure one of the most significant naval shipbuilding contracts in India’s recent defense history, as the company awaits final approval from the Cabinet Committee on Security (CCS) for the ambitious

June 4, 2026

Delhi·India·Industry·NTPC

NTPC REL Invites Bids for 550 MW Solar PV EPC Project in Rajasthan to Accelerate Renewable Energy Expansion

New Delhi : NTPC Renewable Energy Limited (NTPC REL) has invited bids for the Engineering, Procurement, and Construction (EPC) package of a 550 MW grid-connected Solar Photovoltaic (PV) Project to be developed near Shimbhoo Ka Burj, Rajasthan. The tender has been issued

June 4, 2026

India·Industry·NTPC·West Bengal

NTPC CMD Gurdeep Singh Takes Additional Charge as Chairman of DVC, Reviews Operations in Kolkata

Kolkata : In a significant development for India’s power sector, Gurdeep Singh, the Chairman and Managing Director (CMD) of NTPC Limited, has been entrusted with the additional charge of Chairman of Damodar Valley Corporation (DVC), effective June 1, 2026. Following the assumption

June 4, 2026

Delhi·India·Industry

SAIL Supplied 85,000 Tonnes of Steel for Sardar Sarovar Project, Meeting Nearly 80% of Total Requirement

New Delhi, India: State-owned steel giant Steel Authority of India Limited (SAIL) played a crucial role in the construction of the iconic Sardar Sarovar Dam by supplying approximately 85,000 tonnes of steel, accounting for nearly 80% of the project’s total steel requirement.

June 3, 2026

Delhi·India·Industry

BEL Showcases Advanced Defence Technologies at Exercise PRAGATI 2026 in Meghalaya

Mumbai : Bharat Electronics Limited (BEL), one of India’s leading defence electronics companies, is showcasing its cutting-edge defence solutions and indigenous technologies at the Indian Defence Industry Equipment Display organized as part of Exercise PRAGATI 2026 (Partnership of Regional Armies for Growth

June 3, 2026

Delhi·India·Industry·Market

IGL Appoints Ajai Tyagi as Head of Business Development & Corporate Strategy Following Leadership Transition

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

June 2, 2026

Gujarat·India·Industry

GMDC Partners with University of Cambridge to Launch India’s First AI-Powered Rare Earth Supply Chain Observatory

Ahmedabad : In a significant move to strengthen India’s critical mineral security and supply chain resilience, Gujarat Mineral Development Corporation (GMDC) has announced a strategic collaboration with the University of Cambridge to establish the country’s first Artificial Intelligence (AI)-powered Rare Earth Supply

June 2, 2026

Delhi·India·Industry·Market

BHEL Announces Board-Level Change as Independent Director Completes Tenure

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

June 2, 2026

Delhi·India·Industry·Market

NHPC OFS Opens June 2 at ₹71 Per Share; Government to Divest Up to 6% Stake

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

June 2, 2026

Delhi·India·Industry·Market

BPCL-Linked Consortium Signs Major FPSO Contract for Brazil’s BM-SEAL-11 Offshore Project

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

June 2, 2026

Delhi·India·Industry

ONGC Announces Retirement of Three Executive Directors in Senior Management Reshuffle

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

June 1, 2026

India·Industry·Maharashtra·Market

Suzlon Appoints Industry Veteran Ashok Ramachandran as President, India Business to Drive Next Phase of Growth

Pune : Suzlon Energy Limited, one of India’s leading renewable energy companies, has announced the appointment of Ashok Ramachandran as President – India Business and a member of its Senior Management Personnel (SMP) team, effective June 4, 2026. The strategic leadership appointment

June 1, 2026

Delhi·India·Industry

HPCL Announces Senior Management Changes Following Retirement of Two Executive Directors

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

June 1, 2026

Delhi·India·Industry·Market

Petronet LNG Fixes June 12 as Record Date for ₹3 Final Dividend for FY26

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

June 1, 2026

Delhi·India·Industry·Market

BPCL Bids Farewell to Veteran Executive Shri Manoj K. After Nearly Four Decades of Service

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

June 1, 2026

India·Industry·Tamil Nadu·Telangana

Coal Ministry Assigns Additional Charge of NLC India Director (Power) to Rajesh P. S. Sisodia Following M. Venkatachalam’s Retirement

CHENNAI, June 1, 2026 — State-owned power and mining giant NLC India Limited has announced a key leadership transition following the retirement of Director (Power) M. Venkatachalam, who stepped down upon attaining the age of superannuation. In a regulatory filing submitted to

June 1, 2026

Delhi·India·Industry

NHPC Launches Construction of 240 MW Uri-I Stage-II Hydroelectric Project in Jammu & Kashmir

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

June 1, 2026

Delhi·India·Industry·Market

₹18.55 Per Share Dividend: REC Limited Delivers Strong Returns to Investors Alongside Record FY26 Profit

Mumbai — : REC Limited, a Maharatna public sector enterprise and a leading financier in India’s power sector, has announced a total dividend of ₹18.55 per share for FY26, reinforcing its position as a strong dividend-paying stock. The announcement comes alongside the

April 29, 2026

Delhi·India·Industry

Dilip Kumar Assumes Charge as Chief Vigilance Officer of Steel Authority of India Limited

New Delhi — Dilip Kumar, a senior officer of the Indian Railway Service of Mechanical Engineers, has officially taken charge as the Chief Vigilance Officer (CVO) of Steel Authority of India Limited (SAIL), one of India’s largest state-owned steel producers. The appointment

April 27, 2026

Delhi·India·Industry

Bharat Forge and DRDO Unveil ‘Vikram VT 21’ Advanced Armoured Platforms

New Delhi : In a major boost to India’s indigenous defense capabilities, Bharat Forge Limited, in collaboration with the Defence Research and Development Organisation, has officially flagged off the Vikram VT 21, a new generation of advanced armored platforms developed in under

April 27, 2026

Delhi·India·Industry·Market

Ranjana Chopra Assigned Additional Charge as Secretary, Women and Child Development Ministry

New Delhi : The Government of India has entrusted Ranjana Chopra, a senior Indian Administrative Service (IAS) officer of the Odisha cadre (1994 batch), with additional charge as Secretary of the Ministry of Women and Child Development. Chopra, who currently serves as

April 27, 2026

Delhi·India·Industry·Market

SCOPE and ICF Launch First-Ever Study on Coaching Framework for Indian Public Sector Enterprises

New Delhi : In a significant move to strengthen leadership development and organizational effectiveness in India’s public sector, the Standing Conference of Public Enterprises (SCOPE) has partnered with the International Coaching Federation (ICF), USA, to launch a landmark study titled “State of

April 27, 2026

Delhi·India·Industry·Market

TCS Partners with Siemens Energy to Drive AI-Led Industrial Transformation and Data Center Innovation

New Delhi : Global IT services leader Tata Consultancy Services (TCS) has announced a strategic partnership with Siemens Energy AG and Siemens Energy India Limited to accelerate artificial intelligence (AI) adoption across the global energy and industrial ecosystem. The collaboration combines Siemens

April 27, 2026

Industry - Page 16

Canara Robeco Files Draft with SEBI for New Arbitrage Fund; Minimum Investment from ₹5,000

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MMTC Faces Auditor Scrutiny Over ₹82.82 Crore Provision Gap as Government Pushes Complete Business Exit

Anand Mahindra Applauds India’s Strong GDP Growth, Warns Against Complacency Amid Global Challenges

NTPC and UPRVUNL Sign SJVA-III to Expand Meja Power Plant Capacity to 3×800 MW

GRSE Awaits ₹40,000 Crore Contract for Eight Next Generation Corvettes for the Indian Navy

NTPC REL Invites Bids for 550 MW Solar PV EPC Project in Rajasthan to Accelerate Renewable Energy Expansion

NTPC CMD Gurdeep Singh Takes Additional Charge as Chairman of DVC, Reviews Operations in Kolkata

SAIL Supplied 85,000 Tonnes of Steel for Sardar Sarovar Project, Meeting Nearly 80% of Total Requirement

BEL Showcases Advanced Defence Technologies at Exercise PRAGATI 2026 in Meghalaya

IGL Appoints Ajai Tyagi as Head of Business Development & Corporate Strategy Following Leadership Transition

GMDC Partners with University of Cambridge to Launch India’s First AI-Powered Rare Earth Supply Chain Observatory

BHEL Announces Board-Level Change as Independent Director Completes Tenure

NHPC OFS Opens June 2 at ₹71 Per Share; Government to Divest Up to 6% Stake

BPCL-Linked Consortium Signs Major FPSO Contract for Brazil’s BM-SEAL-11 Offshore Project

ONGC Announces Retirement of Three Executive Directors in Senior Management Reshuffle

Suzlon Appoints Industry Veteran Ashok Ramachandran as President, India Business to Drive Next Phase of Growth

HPCL Announces Senior Management Changes Following Retirement of Two Executive Directors

Petronet LNG Fixes June 12 as Record Date for ₹3 Final Dividend for FY26

BPCL Bids Farewell to Veteran Executive Shri Manoj K. After Nearly Four Decades of Service

Coal Ministry Assigns Additional Charge of NLC India Director (Power) to Rajesh P. S. Sisodia Following M. Venkatachalam’s Retirement

NHPC Launches Construction of 240 MW Uri-I Stage-II Hydroelectric Project in Jammu & Kashmir

₹18.55 Per Share Dividend: REC Limited Delivers Strong Returns to Investors Alongside Record FY26 Profit

Dilip Kumar Assumes Charge as Chief Vigilance Officer of Steel Authority of India Limited

Bharat Forge and DRDO Unveil ‘Vikram VT 21’ Advanced Armoured Platforms

Ranjana Chopra Assigned Additional Charge as Secretary, Women and Child Development Ministry

SCOPE and ICF Launch First-Ever Study on Coaching Framework for Indian Public Sector Enterprises

TCS Partners with Siemens Energy to Drive AI-Led Industrial Transformation and Data Center Innovation

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