PSU WATCH

PSU WATCH PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs,
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 The UP government has directed the officials of all discoms to ensure uninterrupted power supply across the state.
31/07/2024



The UP government has directed the officials of all discoms to ensure uninterrupted power supply across the state.

Lucknow: The Uttar Pradesh government on Wednesday directed the officials of all discoms to ensure uninterrupted power supply across the state to ensure that re

 Only three of Coal India Limited’s (CIL) coal mining arms have registered an increase in net profit in Q1 of FY2024-25....
31/07/2024



Only three of Coal India Limited’s (CIL) coal mining arms have registered an increase in net profit in Q1 of FY2024-25.

https://psuwatch.com/newsupdates/only-these-3-cil-subsidiaries-have-recorded-rise-in-net-profits-fy25-june-quarter

Coal India Limited Northern Coalfields Limited Bharat Coking Coal Limited Central Coalfields Limited Ministry of Coal,Government of India

New Delhi: Only three of Coal India Limited’s (CIL) coal mining arms have registered an increase in net profit in Q1 of FY2024-25, while the other four have rec

Waaree Renewable has reported three-fold rise in consolidated profit after tax at Rs 28.16 crore for June quarter FY'25W...
31/07/2024

Waaree Renewable has reported three-fold rise in consolidated profit after tax at Rs 28.16 crore for June quarter FY'25

WAAREE Group

New Delhi: Waaree Renewable Technologies Ltd (WRTL) has reported three-fold rise in consolidated profit after tax at Rs 28.16 crore for June quarter FY'25.It ha

BHEL reported the widening of its consolidated net loss to Rs 211.40 crore for the June quarter, on account of higher ex...
31/07/2024

BHEL reported the widening of its consolidated net loss to Rs 211.40 crore for the June quarter, on account of higher expenses
Bharat Heavy Electricals Limited Ministry of Heavy Industries , Government of India

New Delhi: State-owned Bharat Heavy Electricals Limited (BHEL) on Wednesday reported the widening of its consolidated net loss to Rs 211.40 crore for the June q

 The EU's suggestion that India could avoid its carbon tax by imposing a similar levy locally will not help the domestic...
31/07/2024



The EU's suggestion that India could avoid its carbon tax by imposing a similar levy locally will not help the domestic players much, said think tank GTRI.

New Delhi: The EU's suggestion that India could avoid its carbon tax by imposing a similar levy locally will not help the domestic players much, as they would s

There is no acute shortage of containers for India's maritime trade, Ports, Shipping and Waterways Minister Sarbananda S...
30/07/2024

There is no acute shortage of containers for India's maritime trade, Ports, Shipping and Waterways Minister Sarbananda Sonowal informed the Rajya Sabha
Sarbananda Sonowal Ministry of Ports, Shipping and Waterways

New Delhi: There is no acute shortage of containers for India's maritime trade, Ports, Shipping and Waterways minister Sarbananda Sonowal informed the Rajya Sab

Small Industries Development Bank of India (SIDBI) has partnered with C2treds and UGRO Capital to facilitate loans to th...
30/07/2024

Small Industries Development Bank of India (SIDBI) has partnered with C2treds and UGRO Capital to facilitate loans to the MSME sector
Small Industries Development Bank of India

New Delhi: The Small Industries Development Bank of India (SIDBI) has partnered with C2treds and UGRO Capital to facilitate loans to the MSME sector.SIDBI has o

The State Bank of India (SBI) has raised USD 750 million term loan from its GIFT City branch, its lead arranger said on ...
30/07/2024

The State Bank of India (SBI) has raised USD 750 million term loan from its GIFT City branch, its lead arranger said on Tuesday
State Bank of India

New Delhi: Country's largest lender State Bank of India (SBI) has raised USD 750 million term loan from its GIFT City branch, its lead arranger said on Tuesday.

RBI on Tuesday said non-bank payment system operators will have to put in place a real-time fraud monitoring solution to...
30/07/2024

RBI on Tuesday said non-bank payment system operators will have to put in place a real-time fraud monitoring solution to identify suspicious transactional behaviour and generate alerts

New Delhi: The Reserve Bank of India (RBI) on Tuesday said non-bank payment system operators will have to put in place a real-time fraud monitoring solution to

Vedanta Ltd on Tuesday said it has received approval from 75 percent of secured creditors for the proposed demerger of i...
30/07/2024

Vedanta Ltd on Tuesday said it has received approval from 75 percent of secured creditors for the proposed demerger of its businesses
Vedanta Limited - Aluminium Business

New Delhi: Mining conglomerate Vedanta Ltd on Tuesday said it has received approval from 75 percent of secured creditors for the proposed demerger of its busine

ADB and Govt of India recently signed a USD 200 million loan to improve solid waste management and sanitation in 100 cit...
30/07/2024

ADB and Govt of India recently signed a USD 200 million loan to improve solid waste management and sanitation in 100 cities across eight states in the country
Development Bank

New Delhi: The Asian Development Bank (ADB) and the Government of India recently signed a USD 200 million (about Rs 1,700 crore) loan to improve solid waste man

MRPL has been awarded the prestigious Greentech Pollution Control Waste Management & Recycling Award in the Circular Eco...
30/07/2024

MRPL has been awarded the prestigious Greentech Pollution Control Waste Management & Recycling Award in the Circular Economy Leadership category

New Delhi: The Mangalore Refinery and Petrochemicals Limited (MRPL) has been awarded the prestigious Greentech Pollution Control Waste Management & Recyclin

Indian Bank has targeted to recover about Rs 7,000 crore during the current financial year, a top official said on Tuesd...
30/07/2024

Indian Bank has targeted to recover about Rs 7,000 crore during the current financial year, a top official said on Tuesday
Indian Bank

New Delhi: Public sector Indian Bank has targeted to recover about Rs 7,000 crore during the current financial year, a top official said on Tuesday.The bank has

The PESB panel has recommended the name of Satish Jha for the post of Chairman & Managing Director (CMD) of Eastern Coal...
30/07/2024

The PESB panel has recommended the name of Satish Jha for the post of Chairman & Managing Director (CMD) of Eastern Coalfields Limited (ECL)
Eastern Coalfields Limited (A subsidiary of Coal India)

New Delhi: Satish Jha is set to be next Chairman & Managing Director (CMD) of Eastern Coalfields Limited (ECL), a PSU under the Ministry of Coal. He has bee

The Minister chaired a review meeting of MCL’s performance wherein he appreciated team MCL for their consistent performa...
30/07/2024

The Minister chaired a review meeting of MCL’s performance wherein he appreciated team MCL for their consistent performance in coal production and overall growth

New Delhi: The Minister of State for Coal & Mines Satish Chandra Dubey visited to Mahanadi Coalfields Limited (MCL) on July 28. On his arrival at MCL's head

 GAIL (India) Limited posted a 77.5 percent jump in net profit at Rs 3,183.35 crore in Q1 of FY2024-25. GAIL’s natural g...
30/07/2024



GAIL (India) Limited posted a 77.5 percent jump in net profit at Rs 3,183.35 crore in Q1 of FY2024-25. GAIL’s natural gas marketing biz most profitable, petchem made losses.

https://psuwatch.com/newsupdates/q1-fy25-gail-posts-775-jump-in-net-profit-at-rs-318335-cr

GAIL (India) Limited

New Delhi: GAIL (India) Limited posted a 77.5 percent jump in net profit year-on-year at Rs 3,183.35 crore in Q1 of FY2024-25. In the corresponding quarter of t

GRSE and Medha Servo Drives have signed an MoU for the joint manufacture of advanced electrical & electronic equipment a...
30/07/2024

GRSE and Medha Servo Drives have signed an MoU for the joint manufacture of advanced electrical & electronic equipment and systems to be used both on naval and commercial platforms
GRSE - Garden Reach Shipbuilders & Engineers Ltd

New Delhi: In pursuance with its efforts towards developing state-of-the-art indigenous equipment & systems, Garden Reach Shipbuilders and Engineers (GRSE)

RECPDCL has transferred ownership of NERGS-I Power Transmission Limited to Techno Electric & Engineering Company Limited...
30/07/2024

RECPDCL has transferred ownership of NERGS-I Power Transmission Limited to Techno Electric & Engineering Company Limited on Tuesday
REC Limited Ministry of Power, Government of India

New Delhi: REC Power Development and Consultancy Limited (RECPDCL) has transferred the ownership of 'NERGS-I Power Transmission Limited' to Techno Electric &

BEL announced a significant 46.89% year-on-year increase in net profit, reaching Rs 791 crore, compared to Rs 538.48 cro...
30/07/2024

BEL announced a significant 46.89% year-on-year increase in net profit, reaching Rs 791 crore, compared to Rs 538.48 crore in the same quarter of the previous fiscal year

New Delhi: Bharat Electronics Limited (BEL), a Navratna Public Sector Undertaking (PSU), reported a robust financial performance for the first quarter of the fi

 State-run NTPC Limited plans to make its townships net zero in Scope-II emissions by FY2025-26.https://psuwatch.com/new...
29/07/2024



State-run NTPC Limited plans to make its townships net zero in Scope-II emissions by FY2025-26.

https://psuwatch.com/newsupdates/ntpc-townships-to-become-next-zero-by-fy2025-26

NTPC Limited Ministry of Power, Government of India

New Delhi: State-run NTPC Limited plans to make its townships net zero in Scope-II emissions by FY2025-26. In an investor presentation on Monday, NTPC said that

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