RITES, a transport infrastructure consultancy and a Navratna central public sector enterprise has signed a Memorandum of Understanding (MoU) in Delhi with the Housing and Urban Development Corporation Ltd. (HUDCO), the company informed the exchange in a filing.
Indian Railway Catering and Tourism Corporation (IRCTC), a Mini-Ratna PSU under the Ministry of Railways, has shared an achievement of a prestigious landmark in its 25th year of incorporation by entering the coveted group of Scheduled 'A' Public Sector Undertakings of the Government of India
The National Film Development Corporation (NFDC), a public sector enterprise under the aegis of the Ministry of Information and Broadcasting (MoIB), have joined hands with Netflix India to launch an upskilling programme for voice-over artists in India called 'The Voicebox'.
Public sector enterprise Rail Vikas Nigam on Tuesday said it has emerged as the lowest bidder for the design, supply, erection, testing, and commissioning of certain power systems on Kharagpur-Bhadrak section of the Kharagpur division of South Eastern Railway
Despite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR 1.7 trillion, with an additional borrowing exceeding Rs43 billion in the fiscal year 2024.
REC Limited, a Maharatna Central Public Sector Enterprise and an NBFC under the Ministry of Power has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which REC will provide CVPPL with the financial assistance of Rs 1,869.265 crores as term loan.
The company reported a substantial growth in total turnover, climbing by 17.18 per cent to reach Rs 425.10 crores, compared to Rs 362.77 crores in the previous fiscal year.
The surge in GMV can be attributed to the substantial increase in the procurement of services through the GeM portal, which witnessed a staggering 205 per cent growth compared to the previous fiscal year
The agreement between the two Central Public Sector Enterprises aims to establish an ammonium nitrate plant through the surface coal gasification (SCG) technology route, according to an official statement from the Ministry of Coal.
According to a press release by the Ministry of Power, the collaborative effort aims to develop innovative funding solutions that will support key projects driving the nation's progress.