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Psu connect media
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Psu connect media
PSU NEWS UPDATES
MARCH 21, 2024

1. New Delhi: PM Modi to visit Bhutan for two days
https://www.psuconnect.in/news/pm-modi-to-visit-bhutan-for-two-days/41876

2. New Delhi: PM inaugurates Start-up Mahakumbh at Bharat Mandapam, New Delhi
https://www.psuconnect.in/news/pm-inaugurates-start-up-mahakumbh-at-bharat-mandapam-new-delhi/41877

3. New Delhi: Mineral Production in the Country Grows by 5.9% During January 2024
https://www.psuconnect.in/news/mineral-production-in-the-country-grows-by-5.9-percent-during-january-2024/41878

4. New Delhi: Issue of Non-Convertible Debentures by Tata Steel aggregating to Rs 2,700 crore
https://www.psuconnect.in/news/issue-of-non-convertible-debentures-by-tata-steel-aggregating-to-rs-2700-crore/41869

5. New Delhi: 'Electric Vehicles' an Environmental Concern or Need?
https://www.psuconnect.in/news/electric-vehicles-an-environmental-concern-or-need/41872

6. New Delhi: RBI imposes monetary penalty on DCB Bank Ltd
https://www.psuconnect.in/news/rbi-imposes-monetary-penalty-on-dcb-bank-ltd/41873

7. New Delhi: NTPC Kanti Contributes Significantly to the Development of Bihar
https://www.psuconnect.in/news/ntpc-kanti-contributes-significantly-to-the-development-of-bihar/41879

8. New Delhi: Defence Secretary inaugurates 1500 HP Engine by BEML
https://www.psuconnect.in/news/defence-secretary-inaugurates-1500-hp-engine-by-beml/41880

9. New Delhi: CSR: BEL creates an oasis in parched wildlife sanctuary
https://www.psuconnect.in/news/bel-creates-an-oasis-in-parched-wildlife-sanctuary/41881

10. New Delhi: NSDC Collaborates with MentorKart and IIT, Guwahati
https://www.psuconnect.in/news/nsdc-collaborates-with-mentorkart-and-iit-guwahati/41882

11. New Delhi: Punjab & Sind Bank appoints Ravi Gupta as CCO
https://www.psuconnect.in/news/punjab-sind-bank-appoints-ravi-gupta-as-cco/41883

12. New Delhi: HAL CMD C B Ananthakrishnan's another extension for six months
https://www.psuconnect.in/news/hal-cmd-c-b-ananthakrishnan-gets-extension-for-six-months/41871

Compiled by
PSU Connect Media
https://www.psuconnect.in
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PM Modi to visit Bhutan for two days
Prime Minister Shri Narendra Modi will pay a State visit to Bhutan from 21-22 March 2024. The visit is in keeping with the tradition of regular high-level exchanges between India and Bhutan and the Government’s emphasis on its Neighbourhood First Policy.…
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https://www.psuconnect.in/news/hudco-announces-interim-dividend-payout/41884/
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HUDCO announces interim dividend payout
New Delhi: HUDCO, a non-banking financial company, has received board approval for fundraising up to Rs 40,000 crore. The company is also set to increase its borrowing limit to Rs 1.50 lakh crore. On March 20th, HUDCO's share price stood at Rs 175.70 apiece…
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https://www.psuconnect.in/news/railtel-limited-bags-major-work-order/41885
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Railtel bags major work order worth Rs 99 crore
New Delhi: Miniratna CPSE, RailTel Corporation of India Ltd. has received the work order from the State Project Director (Spd) Bihar Education Project Council (Bepc) amounting to Rs. 99,01,95,806 (Including Tax), the company announced today.

The said project…
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Psu connect media
https://www.psuconnect.in/news/indian-railways-to-run-540-trains-in-festive-season/41886
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Indian Railways to run 540 trains in festive season
New Delhi: In this ongoing festive season of Holi, for the convenience of rail travellers and to clear the extra rush of passengers, Indian Railways is running 540 train services.

Trains have been planned to connect major destinations across the country…
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Psu connect media
https://www.psuconnect.in/news/jewar-international-airport-soon-to-commence-operation/41891
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Jewar International Airport soon to commence operation
The International Airport at Jewar is almost complete with construction progress exceeding 75%. It is expected that the airport will begin operations soon, most likely during the upcoming Lok Sabha elections. The construction of both the runways and the crucial…
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Psu connect media
https://www.psuconnect.in/news/biranchi-das-takes-over-as-director-personnel-at-secl/41897
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Biranchi Das takes over as Director (personnel) at SECL
New Delhi: Shri Biranchi Das has taken over as Director (Personnel) of Coal India subsidiary SECL. He was serving as General Manager at Coal India’s subsidiary MCL before assuming this charge.

Shri Das brings with him a rich and extensive experience of…
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Psu connect media
https://www.psuconnect.in/news/nlc-india-plans-usd-600-million-fund-raise/41900
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NLC India Plans USD 600 Million Fund Raise, Board Meeting Set for March 27
New Delhi: The central public sector undertaking of the Coal Ministry, NLC India Limited today informed that the company is planning to raise foreign currency loan and seek some consideration and approvals for the upcoming projects. The PSU is going to hold…
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Psu connect media
https://www.psuconnect.in/news/patna-rail-metro-project-achieved-its-first-ever-tunnel-breakthrough/41901
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Patna Rail Metro Project achieved its first ever Tunnel Breakthrough
New Delhi: The Patna Metro Rail Project achieved its first-ever Tunnel Breakthrough on Wednesday when a TBM reached Patna University station after boring a 1.5 km long tunnel from the Moinul Haq Stadium station. DMRC's Advisor (Special Works) Sh. Daljeet…
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Psu connect media
https://www.psuconnect.in/news/ntpc-bags-title-of-best-organisations-for-women-for-2024/41907
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NTPC bags title of 'Best Organisations for Women for 2024'
New Delhi: NTPC Limited has been shortlisted by “ET Edge – A Times Group Initiative” as one of the “Best Organisations for Women for 2024”. The honour was bestowed on NTPC at the 4th edition of “Best Organisations for Women Conclave 2024” held at Mumbai on…
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Psu connect media
https://www.psuconnect.in/news/ujjivan-small-finance-bank-appoints-carol-kripanayana-furtado-as-a-whole-time-director/41906
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Ujjivan Small Finance Bank appoints Carol Kripanayana Furtado as a Whole-Time Director
New Delhi: The Reserve Bank of India on March 21 approved the Ujjivan Small Finance Bank for the appointment of Ms Carol Kripanayana Furtado as a Whole-Time Director (WTD) of the Bank for 3 years with effect from May 01, 2024. The board recommended Carol's…
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https://www.psuconnect.in/news/air-india-faces-heavy-fine-from-dgca/41932
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Air India Faces Heavy Fine from DGCA of Rs 80 Lakh
The Directorate General of Civil Aviation (DGCA) has slapped a huge fine of Rs 80 lakh on Air India for violating the rules related to flight duty time regulations (FDTL) and uneven fatigue management system (FMS).

This action came into the limelight after…
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Psu connect media
https://www.psuconnect.in/news/railtel-bags-major-order-from-cdac-worth-rs-36-crore/41927
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RailTel bags major order from CDAC worth Rs 36 crore
RailTel Corporation of India Ltd. has received the work order from the Centre For Development Of Advanced Computing for VMWare virtualization licenses with 3 years of support amounting to Rs. 36 crores including Tax.

The order has been provided by the…
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Psu connect media
PSU NEWS UPDATES
MARCH 27, 2024

1. New Delhi: Government rejects Hindustan Zinc division bid proposal
https://www.psuconnect.in/news/government-rejects-hindustan-zinc-division-bid-proposal/41947

2. New Delhi: India sets to replace Minimum Wage with Living Wage by 2025
https://www.psuconnect.in/news/india-sets-to-replace-minimum-wage-with-living-wage-by-2025/41944

3. New Delhi: NTPC Group ties up JPY 30 billion funding from JBIC
https://www.psuconnect.in/news/ntpc-group-ties-up-jpy-30-billion-funding-from-jbic/41951

4. New Delhi: NMDC excels at Governance Now 10th PSU Awards
https://www.psuconnect.in/news/nmdc-excels-at-governance-now-10th-psu-awards/41952

5. New Delhi: EPFO releases Payroll Data, adding almost 16.02 lakh new subscribers in Jan
https://www.psuconnect.in/news/epfo-releases-payroll-data-adding-almost-16.02-lakh-new-subscribers-in-jan/41945

6. New Delhi: ICG Samudra Paheredar visits Manila for overseas deployment to ASEAN countries
https://www.psuconnect.in/news/icg-samudra-paheredar-visits-manila-for-overseas-deployment-to-asean-countries/41946

7. New Delhi: Bharat Biotech commenced clinical trial of MTBVAC vaccine in India
https://www.psuconnect.in/news/bharat-biotech-commenced-clinical-trial-of-mtbvac-vaccine-in-india-/41948

8. New Delhi: APSEZ acquires Gopalpur Port in Orissa for Rs 3,080 crore
https://www.psuconnect.in/news/apsez-acquires-gopalpur-port-in-orissa-for-rs-3080-crore/41949

9. New Delhi: ONGC to establish drill well in Bihar for oil and gas
https://www.psuconnect.in/news/ongc-to-establish-drill-well-in-bihar-for-oil-and-gas/41950

10. New Delhi: Officer training course concluded in Kochi
https://www.psuconnect.in/news/officer-training-course-concluded-in-kochi/41943

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PSU Connect Media
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Government rejects Hindustan Zinc division bid proposal
The Indian government has rejected Hindustan Zinc's proposal to split the company without prior consultation raising the concerns for shareholder value. The recent contemplation of Hindustan Zinc to divide its operations into separate units for zinc, lead…
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Psu connect media
PSU NEWS UPDATES
MARCH 30, 2024

1. New Delhi: GeM crosses Rs 4 Lakh Crore in GMV in FY24
https://www.psuconnect.in/news/gem-crosses-rs-4-lakh-crore-in-gmv-in-fy24/41985

2. New Delhi: Steel Exchange of India issues allotment of 1 crore equity shares
https://www.psuconnect.in/news/steel-exchange-of-india-issues-allotment-of-1-crore-equity-shares/41979

3. New Delhi: Canara Bank to lift 13 percent stake of subsidiary unit
https://www.psuconnect.in/news/canara-bank-to-lift-13-percent-stake-of-subsidiary-unit/41981

4. New Delhi: IREDA approves borrowing program of Rs 24,200 cr for FY25
https://www.psuconnect.in/news/ireda-approves-borrowing-program-of-rs-24200-cr-for-fy25/41982

5. New Delhi: LIC is a strongest insurance brand as per report
https://www.psuconnect.in/news/lic-is-a-strongest-insurance-brand-as-per-report/41983

6. New Delhi: RBI to halt exchange services of Rs 2000 notes on 1 April, 2024
https://www.psuconnect.in/news/rbi-to-halt-exchange-services-of-rs-2000-notes-on-1-april-2024/41984

7. New Delhi: E-insurance to be mandated in demat form from April 1, Here to know full facts
https://www.psuconnect.in/news/-e-insurance-to-be-mandated-in-demat-form-from-april-1-here-to-know-full-facts/41986

8. New Delhi: NALCO launched new product- AL-59
https://www.psuconnect.in/news/nalco-launched-new-product-al-59/41987

9. New Delhi: BPCL’s Kochi Refinery conferred with Kerala Best Employer Brand Award 2024
https://www.psuconnect.in/news/bpcl-kochi-refinery-conferred-with-kerala-best-employer-brand-award-2024/41988

10. New Delhi: NCL CMD paid courtesy call on Madhya Pradesh CM Dr. Mohan Yadav
https://www.psuconnect.in/news/ncl-cmd-paid-courtesy-call-on-madhya-pradesh-cm-dr-mohan-yadav/41989

11. New Delhi: NMDC unveils Ex-Employee portal 'Samman'
https://www.psuconnect.in/news/nmdc-unveils-ex-employee-portal-samman/41990

12. New Delhi: Indian Navy receives Ammunition Cum Torpedo Missile Barge
https://www.psuconnect.in/news/indian-navy-receives-ammunition-cum-torpedo-missile-barge/41980

Compiled by
PSU Connect Media
https://www.psuconnect.in
www.psuconnect.in
GeM crosses Rs 4 Lakh Crore in GMV in FY24
The government e-marketplace has totaled around ? 4 lakh crore in Gross Merchandise value (GMV) - doubling its GMV clocked at the end of the previous Fiscal Year. This testifies to the portal’s unique digital capabilities and functionalities that have facilitated…
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Psu connect media
https://www.psuconnect.in/news/ntpc-wins-3445-mw-re-bids-in-fy24/42020
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NTPC wins 3445 MW RE bids in FY24
Mumbai: NTPC Ltd., India’s largest integrated power utility, has won 3445 MW RE tenders it participated in during the FY 2023-24.

This records 58% of total RE tenders the company participated in during the Financial Year which is the highest since it started…
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Psu connect media
https://www.psuconnect.in/news/dvc-achieves-ground-breaking-milestones-in-fy-2023-24/42022
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DVC achieves ground-breaking milestones in FY 2023-24
New Delhi: Damdor Valley Corporation, a leading integrated power utility celebrates and announces another year of remarkable and outstanding performance in FY 2023-24. DVC has achieved the highest cumulative generation in its 75-year history, by registering…
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Psu connect media
https://www.psuconnect.in/news/hal-registers-double-digit-growth/42023
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HAL Registers Double Digit Growth with Record Revenues of Rs 29,810 Crores for FY2023-24
Bengaluru: HAL recorded the highest ever revenue from operations of over Rs. 29,810 crores (provisional and unaudited) for the financial year ended on March 31, 2024 registering a double digit growth of around 11% as against 9% in the previous financial year.…
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https://www.psuconnect.in/news/grse-turnover-touches-a-new-high/42027
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GRSE Turnover Touches a New High: Records 33 % Growth
Kolkata: Garden Reach Shipbuilders & Engineers Limited (GRSE), one of the leading warship builders in the country, continues to maintain an upward financial growth and has achieved an Annual Turnover to the tune of `3,400 crore (Provisional & Unaudited) for…
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https://www.psuconnect.in/news/ongc-fy24-milestone-record-541-wells-drilled/42028
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ONGC FY’24 milestone; Record 541 wells drilled
New Delhi: ONGC achieves milestone in FY’24 with a record 541 wells drilled - the highest in over three decades! 

The company's commitment to India’s energy security shines through Technology & Field Services, crucial in this achievement. 
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PSU NEWS UPDATES
APRIL 02, 2024

1. New Delhi: No new tax regime changes applicable from 1, April 2024
https://www.psuconnect.in/news/no-new-tax-regime-changes-applicable-from-1-april-2024/42018

2. New Delhi: ONGC FY’24 milestone; Record 541 wells drilled
https://www.psuconnect.in/news/ongc-fy24-milestone-record-541-wells-drilled/42028

3. New Delhi: GRSE Turnover Touches a New High: Records 33 % Growth
https://www.psuconnect.in/news/grse-turnover-touches-a-new-high/42027

4. New Delhi: AAI's Indore airport accorded
https://www.psuconnect.in/news/aai-indore-airport-accorded-best-airport-of-the-year/42026

5. New Delhi: Nita Mukesh Ambani Cultural Centre Completes One Year of Celebrating the Best of India and the World
https://www.psuconnect.in/news/nita-mukesh-ambani-cultural-centre-completes-one-year-of-celebrating-the-best-of-india-and-the-world/42025

6. New Delhi: Allow foreign currency transactions in country via RBI, demand consultants and service providers
https://www.psuconnect.in/news/allow-foreign-currency-transactions-in-country-via-rbi-demand-consultants-and-service-providers/42024

7. New Delhi: HAL Registers Double Digit Growth with Record Revenues of Rs 29,810 Crores for FY2023-24
https://www.psuconnect.in/news/hal-registers-double-digit-growth/42023

8. New Delhi: DVC achieves ground-breaking milestones in FY 2023-24
https://www.psuconnect.in/news/dvc-achieves-ground-breaking-milestones-in-fy-2023-24/42022

9. New Delhi: BEL achieves record turnover of Rs. 19700 Crores
https://www.psuconnect.in/news/bel-achieves-record-turnover-of-rs-19700-crores/42021

10. New Delhi: NTPC wins 3445 MW RE bids in FY24
https://www.psuconnect.in/news/ntpc-wins-3445-mw-re-bids-in-fy24/42020

11. New Delhi: WCL achieved highest ever coal production, dispatch and OBR
https://www.psuconnect.in/news/wcl-achieved-highest-ever-coal-production-dispatch-and-obr/42019

12. New Delhi: NTPC shuts its Barauni Thermal Power Station Stage-I
https://www.psuconnect.in/news/ntpc-shuts-its-barauni-thermal-power-station-stage-i/42007

13. New Delhi: HPCL Board revised Management Team members
https://www.psuconnect.in/news/hpcl-board-revised-management-team-members/42017

14. New Delhi: BPCL Board announces changes in Senior Management
https://www.psuconnect.in/news/bpcl-board-announces-changes-in-senior-management/42016

15. New Delhi: Govt. sets up 14th Task Force for biochar use in steel production
https://www.psuconnect.in/news/govt.-sets-up-14th-task-force-for-biochar-use-in-steel-production/42015

16. New Delhi: HDFC to sell its subsidiary arm HDFC Edu in lieu of RBI directions
https://www.psuconnect.in/news/hdfc-to-sell-its-subsidiary-arm-hdfc-edu-in-lieu-of-rbi-directions/42014

17. New Delhi: Oil Companies Reduce Price Of 19 Kg Commercial And 5 Kg FTL Cylinders
https://www.psuconnect.in/news/oil-companies-reduce-price-of-19-kg-commercial-and-5-kg-ftl-cylinders/42013

18. New Delhi: Public sector Banks raised lending benchmark points in new FY
https://www.psuconnect.in/news/public-sector-banks-raised-lending-benchmark-points-in-new-fy/42012

19. New Delhi: NTPC records 55% growth in Coal Despatch
https://www.psuconnect.in/news/ntpc-records-55-percent-growth-in-coal-despatch/42010

20. New Delhi: NTPC achieves 422 BU annual generation in FY 2023-24
https://www.psuconnect.in/news/ntpc-achieves-422-bu-annual-generation-in-fy-2023-24/42009

21. New Delhi: Adani Total Gas commences production at Barsana Biogas Project
https://www.psuconnect.in/news/-adani-total-gas-commences-production-at-barsana-biogas-project-/42008

22. New Delhi: Shri K C Muraleedharan takes charge as the Business Unit Head, NTPC Bongaigaon
https://www.psuconnect.in/news/shri-k-c-muraleedharan-takes-charge-as-the-business-unit-head-ntpc-bongaigaon-/42011

Compiled by
PSU Connect Media
https://www.psuconnect.in
www.psuconnect.in
No new tax regime changes applicable from 1, April 2024
The new tax regime under section 115 BAC(1A) was introduced in the Finance Act 2023, as compared to the existing old regime (without exemptions).

The new tax regime is applicable for persons other than companies and firms, is applicable as a default regime…
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https://www.psuconnect.in/news/rec-wins-skoch-esg-award-2024/42029
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REC wins SKOCH ESG Award 2024
New Delhi: REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading NBFC has been bestowed with the SKOCH ESG Award 2024 in the 'Renewable Energy Financing' category.

The award underscores REC's dedication to…
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