New Delhi, June 25, 2026: The Solar Energy Corporation of India (SECI) has announced a significant update to its financing strategy by inviting bids for raising ₹1,000 crore through External Commercial Borrowings (ECBs). The government-owned renewable energy company has also issued a revised Expression of Interest (EOI), introducing changes to its borrowing and lender selection … Read more
New Delhi : State-owned Power Finance Corporation (PFC) has announced two key appointments to its Board of Directors, reinforcing the company’s leadership structure and corporate governance framework. The appointments include Shri V. Packirisamy as Director (Commercial) and Shri Pankaj Gupta as Part-time Non-Official Director. The appointments were formally approved during a meeting of the PFC … Read more
New York: As companies continue to adapt to changing economic conditions and shifting operational priorities, financial flexibility has become a key focus for businesses seeking to manage cash flow, control expenses, and support long-term growth. According to American Express (AMEX), organizations are increasingly looking for payment solutions that provide greater flexibility while helping them remain … Read more
Washington, D.C.: Alibaba Group, one of China’s largest technology and e-commerce companies, has filed a lawsuit against the U.S. government, seeking to overturn its designation on the Pentagon’s blacklist of alleged Chinese military companies. The legal challenge marks the latest escalation in the ongoing tensions between the United States and China over technology, national security, … Read more
New Delhi, : REC Limited, a Maharatna Public Sector Enterprise (PSE) under the Ministry of Power, Government of India, has announced the appointment of Dr. Anil Kumar Gupta and Dr. Kanchiappan Ghayathri Devi as Part-time Non-Official (Independent) Directors on its Board. The appointments were made following an official order issued by the Ministry of Power … Read more
Mumbai – Saatvik Green Energy Limited, one of India’s leading integrated renewable energy companies, has been honored with the Golden Peacock Occupational Health & Safety Award 2026 in the Power (Renewable) Sector by the Institute of Directors (IOD), India. The award is widely recognized as one of the country’s most prestigious accolades for corporate excellence … Read more
Mumbai, India |Mahindra & Mahindra Ltd. (M&M) has issued a significant update for its shareholders regarding the Tax Deduction at Source (TDS) process on dividend income for the Financial Year 2025-26, announcing that Form 121 will be the only valid document accepted for claiming exemption from dividend-related TDS. The company disclosed the clarification through public … Read more
New Delhi : In a significant step toward enhancing its maritime defense capabilities and promoting indigenous military technology, India’s Ministry of Defence (MoD) has signed a ₹449 crore (approximately $52 million) contract with Bengaluru-based Accord Software and Systems Private Limited (ASSPL) for the procurement of 20 Enhanced Capability Global Navigation Satellite System (ECGNSS) Jammers for … Read more
Bilaspur, Chhattisgarh |In a significant step toward strengthening early childhood education and improving community infrastructure, South Eastern Coalfields Limited (SECL) has inaugurated a Model Anganwadi Centre at Lingiadih, Bilaspur as part of its ongoing Corporate Social Responsibility (CSR) program. The inauguration marks a key milestone in SECL’s broader initiative to upgrade 200 Anganwadi Centres across … Read more
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 come at a critical time as the Government of India has directed the … Read more
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 “earned the right to feel good about last year” after outperforming many forecasts … Read more
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. The agreement marks a crucial milestone in strengthening Uttar Pradesh’s energy infrastructure and … Read more
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 Next Generation Corvettes (NGC) Project of the Indian Navy. The project, estimated at … Read more
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 under Domestic Competitive Bidding through IFB No. NRE-CS-5823-004(SOL)-9, marking another significant step in … Read more
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 of his new responsibilities, Shri Singh visited the DVC Headquarters in Kolkata, where … Read more
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. The contribution highlights the company’s longstanding role in supporting India’s major infrastructure and … Read more
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 & Transformation in the Indian Ocean Region). The prestigious event is being held … 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
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 Chain Observatory. The landmark initiative, backed by an investment of £600,000, aims to … 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 — 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
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 comes as Suzlon strengthens its position in India’s rapidly expanding renewable energy sector … Read more
