PSU Watch

The 30-share BSE benchmark Sensex jumped 592.78 points to 77,498.29 in early trade. The NSE Nifty surged 169.3 points to 23,519.70 #Sensex⬆️ https://lnkd.in/gXvGPdAk

Hi! Time for a brief #NewsWrap for Friday from #PSUWatch & #DefenceWatch -- #BHEL secures major order for setting up 1x800 MW Ukai Supercritical Thermal Power Plant in Gujarat* https://lnkd.in/gP-pz8gj *Normal operations resume at #NMDC as protesting workers return to work* https://lnkd.in/gZpKHVcK *Domestic air passenger traffic rises 11% to 140.44 lakh in Feb: #DGCA https://lnkd.in/gUT9paNr *Vivek Kumar Dewangan’s tenure as #REC CMD ends; #PFC CMD takes up additional charge* https://lnkd.in/gttDShHH #TalcherFertiliser plant revival faces delays due to COVID-19, Chinese contractor issues* https://lnkd.in/gqXGT42m #NHAI bars 14 toll collection agencies for irregular activities* https://lnkd.in/gbt6Jbwh #PESB did not find any candidates for RINL's Director (Finance) position* https://lnkd.in/gCuDtw8p *Coal mining starts at Chhattisgarh's Parsa mine* https://lnkd.in/gUWc4vvE *RBI imposes penalty on Citibank, IDBI Bank* https://lnkd.in/ghH3NAeV *Larsen & Toubro board approves Rs 12,000 cr borrowing proposal* https://lnkd.in/gUkSg7a4 #BureaucracyWatch *ACC approves key appointments at Joint Secretary level across ministries* https://lnkd.in/gzMRmUP2 PSU #Appointments *Rahul Bhave appointed as MD & CEO of IFCI* https://lnkd.in/gWyxRUp3 #CSRWatch #SECL’s CSR scheme #SECL_Ke_Sushrut becomes 1st coal PSU initiative listed on DBT portal* https://lnkd.in/geYd9Bnw #PSU #Events #IREDA wins 2 CBIP awards for ‘Outstanding Contribution for Development of RE Sector’* https://lnkd.in/gNSth_SV — You stand updated for Friday. Good Night.

IREDA has been conferred with the ‘CBIP Award 2024’ for its ‘Outstanding Contribution to the Development of the Renewable Energy Sector’ IREDA Ltd. https://lnkd.in/gNSth_SV

The DBT initiative, launched by the Govt, aims to reform the delivery of benefits and subsidies by directly transferring funds to beneficiaries' bank accounts, minimizing leakages South Eastern Coalfields Limited (SECL) https://lnkd.in/geYd9Bnw

The Government has appointed Rahul Bhave as the Managing Director and Chief Executive Officer of IFCI Ltd https://lnkd.in/gWyxRUp3

RBI on Friday said it has imposed a penalty of Rs 36.28 lakh on Citibank N.A. for contravention of the directions related to reporting of transactions undertaken under the Liberalised Remittance Scheme Reserve Bank of India (RBI) https://lnkd.in/ghH3NAeV

Larsen & Toubro (L&T) on Friday said its board has approved a borrowing proposal of Rs 12,000 crore Larsen & Toubro https://lnkd.in/gUkSg7a4

The Appointments Committee of the Cabinet (ACC) has approved a series of appointments at the Joint Secretary (JS) or equivalent level across multiple ministries and departments https://lnkd.in/gzMRmUP2

PESB has decided not to recommend any candidate for the post of Director (Finance) at Rashtriya Ispat Nigam Limited (RINL), following the selection meeting held on Friday Rashtriya Ispat Nigam Limited (Rinl) https://lnkd.in/gCuDtw8p

Cracking down on irregularities in toll collection, state-owned NHAI has barred 14 toll collection agencies for irregular activities, following a probe after Uttar Pradesh STF unearthed a fraud National Highways Authority of India https://lnkd.in/gbt6Jbwh