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Archive for February 2020

REC DECLARES ITS QUARTERLY FINANCIAL RESULTS FOR Q3 & 9M FY20

Feb 5th, 2020 | By

(THE NEWSMAN OF INDIA.COM) New Delhi, 4th February 2020: The Board of Directors of REC Limited (formerly Rural Electrification Corporation Limited) approved the unaudited standalone and consolidated financial results for Q3 and 9M FY20 today. Operational and Financial Highlights – Q3 FY20 vs Q3 FY19 (Standalone) Sanctions – Rs. 30,610 crore vs. Rs. 28,587 crore,
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HAL, IAI & DTL form Strategic Collaboration for UAVs First MoU signed at DefExpo 2020.

Feb 5th, 2020 | By

(THE NEWSMAN OF INDIA.COM) Lucknow, February 5, 2020: Hindustan Aeronautics Limited (HAL), Israel Aerospace Industries Limited (IAI) and Dynamatic Technologies Limited (DTL) signed a Memorandum of Understanding (MoU) for marketing, manufacturing and selling of IAI’s Unmanned Ariel Vehicles (UAVs) to Indian potential customers such as Indian Defence Forces, Paramilitary Forces and Central Armed Police Forces
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REC commits CSR assistance for infrastructure Dev. of Govt. Medical College in Uttarakhand

Feb 5th, 2020 | By

(THE NEWSMAN OF INDIA.COM) New Delhi, 31st January 2020: REC Limited (Formerly Rural Electrification Corporation Limited), A Govt. of India Navratna Enterprise, committed CSR assistance of Rs. 18.35 crore for the project “Infrastructure development of Pandit Ram Sumer Shukla Smriti Govt. Medical College, Udham Singh Nagar, Uttarakhand”, to be implemented by the District Magistrate, Udham
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BEL wins awards for Exports and CSR at Aerospace & Defence Awards

Feb 5th, 2020 | By

(THE NEWSMAN OF INDIA.COM) Lucknow, February 5, 2020: Navratna Defence PSU Bharat Electronics Limited (BEL) has won two awards at the annual Aerospace & Defence Awards organised by International Aerospace — for ‘Excellence in Exports’ and ‘Excellence in Contribution Towards Positive Social Impacts (CSR)’. Gowtama M V, CMD, received the awards on behalf of BEL
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AAI hosts 36th Satellite Based Augmentation System (SBAS) Interoperability Working Group (IWG) meet

Feb 4th, 2020 | By

(THE NEWSMAN OF INDIA.COM) New Delhi, 04th February, 2020: Airports Authority of India is hosting 36th Satellite Based Augmentation System (SBAS) Interoperability Working Group (IWG) meet from 4th to 7th February 2020 at Aloft Hotel, Aerocity, New Delhi. Vineet Gulati, Member (ANS), AAI inaugurated the event today by lighting the lamp in the presence of
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Candidature of Amarendu Prakash recommended for Director (RM&L), SAIL.

Feb 3rd, 2020 | By

(THE NEWSMAN OF INDIA.COM) The PESB has recommended the name of Amarendu Prakash for the post of Director (Raw Materials & Logistics), Steel Authority of India Ltd (SAIL). He is presently serving as The General Manager, Steel Authority of India Ltd (SAIL).



NBCC RECEIVES RAJBHASHA IMPLEMENTATION AWARD

Feb 3rd, 2020 | By

(THE NEWSMAN OF INDIA.COM) NBCC (India) Ltd., a Navratna CPSE under the Ministry of Housing & Urban Affairs (MoHUA), has been conferred with ‘First Prize’ for its excellent work in implementation of Rajbhasha. The recognition has been bestowed by Town Official Language Implementation Committee (TOLIC) of the Ministry of Home Affairs, in its half yearly
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NTPC raises Asia’s largest Japanese yen loan worth USD 750 Million

Feb 3rd, 2020 | By

(THE NEWSMAN OF INDIA.COM) NTPC has signed a syndicated term loan in Japanese Yen, equivalent to US$750 million. The facility is fully underwritten by State Bank of India, Tokyo , Sumitomo Mitsui Banking Corporation, Singapore and Bank of India, Tokyo on 20 January 2020 and will be shortly launched by banks for general syndication This
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Rakesh Sharma, MD & CEO inaugurates Forex Fest at IDBI Bank Corp. Centre

Feb 3rd, 2020 | By

(THE NEWSMAN OF INDIA.COM) February 03, 2020: Rakesh Sharma, MD & CEO of IDBI Bank inaugurated the IDBI Bank Forex Fest in the presence of Suresh Khatanhar, Deputy Managing Director,Ashok Gautam, Executive Director & Head –Treasury and other officials of the Bank. The Forex Fest is aimed at making IDBI Bank one stop shop for
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Amitabh Bhatt is the New CEO(BC) at HAL

Feb 3rd, 2020 | By

(THE NEWSMAN OF INDIA) Bengaluru, February 3, 2020: Amitabh Bhatt has taken over as Chief Executive Officer (CEO) of HAL’s Bangalore Complex. Earlier, he was heading the LUH project in HAL as Executive Director. Bhatt is a Post Graduate in Management and earlier served in SKF India Limited for 15 years before joining HAL. With
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