News of PSU’s

The Department of Defence Production (DDP), Ministry of Defence, Government of India, and Standing Conference of Public Enterprises (SCOPE), in association with the Public Enterprises Selection Board (PESB) and Deloitte as Knowledge…
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RailTel Corporation of India Limited reported a decline in net profit for the second quarter of FY 2026-27, even as revenue registered strong growth. The railway PSU posted a consolidated net profit of Rs 68.6 crore for the quarter…
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Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited, has reported a strong turnaround in its financial performance for the second quarter of FY 2026–27, posting a net profit of Rs 123.74 crore against a net loss of Rs…
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The Public Enterprises Selection Board (PESB) has recommended Yatindra Mohan, Executive Director (Power Sector – Western Region) at Bharat Heavy Electricals Limited (BHEL), for the post of Chairman and Managing Director (CMD) of the…
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Coal India Limited (CIL) has increased House Rent Allowance (HRA) rates for eligible non-executive employees working in the company and its subsidiaries. The revised rates will be effective retrospectively from September 1, 2026,…
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RailTel Corporation of India Limited has secured an order worth approximately Rs 20 crore from Munitions India Limited for IT infrastructure-related work, strengthening its presence in the defence and government technology segment.…
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Petronet LNG Limited has signed a binding term sheet to establish a 50:50 joint venture with Gruner Renewable Energy Private Limited for setting up 10 compressed biogas plants across India, with a total estimated investment of ₹1,200…
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Central Mine Planning & Design Institute Limited (CMPDIL) has reported a 23% rise in net profit to ₹311.11 crore for the first half of FY2026-27 (H1 FY27), reflecting improved financial performance during the April–September period.…
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BY AJAY NIRALA The Central Industrial Security Force (CISF) has seized five trucks carrying approximately 199 metric tonnes of illegally transported coal near 15 Mile in the Charhi police station area of Hazaribagh, Jharkhand. The…
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Oil India Limited (OIL), a Maharatna public sector undertaking, has discovered natural gas in the previously unappraised Matsyapuri formation in the shallow offshore waters of the Krishna-Godavari Basin, recording a peak test flow of…
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