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IIT Kanpur's technology business incubator, the Startup Incubation and Innovation Centre (SIIC), has signed a CSR Agreement with Advanced Weapons and Equipment India Limited, one of the seven new Defence Public Sector Undertakings (PSUs) formed by converting the Ordnance Factory Board into fully government-owned enterprises. The agreement was signed at the Ordnance Factory Kanpur in the presence of dignitaries from SIIC, IIT Kanpur, and Advanced Weapons and Equipment India Limited (AW&...
IIT-K partners with defence PSU to focus on innovation
Jammu & Kashmir Bank is currently trading at Rs. 37.85, up by 0.60 points or 1.61% from its previous closing of Rs. 37.25 on the BSE. The scrip opened at Rs. 37.65 and has touched a high and low of Rs. 38.95 and Rs. 37.15 respectively. So far 969955 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 48.20 on 08-Nov-2021 and a 52 week low of Rs. 23.80 on 20-Jun-2022. Last one week high and low of the scrip stood...
Jammu and Kashmir Bank jumps on planning to put up for sale NPAs of Rs 960 crore
As many as 12 out of 13 hydro projects and 30 out of 34 thermal power projects are delayed in their execution, mainly due to issues like land acquisition and contractual inadequacies. Most significantly, the 12 delayed hydro projects have a cumulative time overrun of 1,205 months or more than 100 years. The cost overrun in these projects has been Rs 31,530 crore, according to sources. Similarly, due to the delay in execution of 30 thermal power projects out of 34, the time overrun has...
Most hydel, thermal power projects wallowing in time overruns
Hindustan Aeronautics is currently trading at Rs. 1336.10, up by 19.70 points or 1.50% from its previous closing of Rs. 1316.40 on the BSE. The scrip opened at Rs. 1316.40 and has touched a high and low of Rs. 1337.85 and Rs. 1312.80 respectively. So far 10883 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1568.45 on 18-Oct-2021 and a 52 week low of Rs. 884.00 on 28-Jan-2021. Last one week high and low of the ...
Hindustan Aeronautics jumps on getting long term rating upgrade by ICRA
Minister of State for Finance Bhagwat K Karad has said the government plans to increase public sector undertakings' (PSUs) income and create employment through the disinvestment process. He said public sector companies provide employment to 14 lakh (1.4 million) people in the country. He said disinvestment doesn't mean that the companies are making losses, but the government has different plans to increase their income and to increase jobs. He said the government has decided to gar...
Government to increase PSUs’ income, create employment through disinvestment process: Bhagwat K Karad
The government is aiming to conclude privatisation of PSUs - where the divestment process has already started - this fiscal. The worst outbreak of pandemic in the country has led to disrupting the timetable of scheduled activities such as physical due diligence because of travel restrictions. The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp and NINL has already moved to the second stage after the government received multiple expressions of interest (EoI) for...
Government aiming to conclude privatisation of PSUs this fiscal
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