News of Business

NewsIP readers are aware how IOCL's current head has been able to stick on to his throne, despite his tenure as well as extension being over. It's a shame that the nation which claims to be on a path to become the third largest economy in…

New Delhi, 26.07.2024 – Power Grid Corporation of India Limited (POWERGRID) has announced its financial results for the first quarter of FY25, demonstrating solid performance. On a consolidated basis, the company reported a Profit After Tax…

Gurugram: "Our goal is to enhance power distribution and management throughout the country," stated Manohar Lal, Union Cabinet Minister of Power, during a speech at the Rural Electrification Corporation Limited office in Gurugram on the…

New Delhi: 25/07/2024 : As the search for HPCL's next CMD intensifies, questions are being raised about the composition of the search-cum-selection committee. Speculations are rife about who will be included in this crucial panel, with…

The appointment of CMDs for two of the country's largest hydro and Stluj Jal companies, SJVN and NHPC, has hit another snag. Readers may recall that the recommendations for these positions were sent by the Public Enterprises Selection Board…

Petronet LNG Ltd* achieved its highest ever volume throughput of 262 TBTU for any quarter in Q1 FY 2024-25. The company also reported its highest ever Profit Before Tax (PBT) and Profit After Tax (PAT) in the first quarter of any previous…

Many are saying that the Budget 2024-25 is a bit lackadaisical. The appeasement of coalition partners is all too unabashed. Bihar getting a whopping Rs 26000 crore for highways and Andhra Pradesh Rs 15000 crore for development of new…

New Delhi : During a program organized on Building Assets for Developed India on Budget 2024 at HUDCO Conference Room, CMD Shri Sanjay Kulshreshtha in conversation with News-I.P. said HUDCO is fully prepared to give wings to the dream of…

New Delhi, July 22.Engineers India Limited (EIL) is on the verge of appointing a new Director of Human Resources, as the position has been vacant since the retirement of Mr. Ashok Kalra. The vacancy has created a significant gap in the…

New Delhi:* 24.07.2024,  IndianOil has taken a significant step towards eco-friendly transportation by delivering a green hydrogen fuel cell bus to the Indian Navy. This milestone was celebrated with the signing of a Memorandum of…