August 14, 2024
1 . NEW DELHI . PSUs have emerged as world-class institutions’: Atul Sobti, DG, Standing Conference of Public Enterprises; Business Today
2 . NEW DELHI . Govt awards 18 coal mines to private operators; Deccan Herald
3 . NEW DELHI . SCOPE DG Atul Sobti notes that out of 254 operating PSUs, 74% are profitable; says out Rs 11.11 lakh crore capex target in FY25, over Rs 9 lakh crore is to be achieved by the public sector. Business Today
4 . KOLKATA. Coal India removed quantity limit for power producers and allowed supply beyond their annual contracted volume : ET
5 . NEW DELHI . IREDA may set up a subsidiary to finance small businesses and retail customers; ET
6 . NEW DELHI . HUDCO aims for Rs 3 trillion loan book by 2030; eyes PPP infra financing; MINT
7 . PUNE . More than 1,30,000 IT employees have lost their job so far in 2024 as tech layoffs continue; Cisco, Intel, Microsoft, are among the top companies that announced workforce reductions; India Today
8 . NEW DELHI . CIL removes all restrictions on coal purchases, and demand to dictate supply. Business Standard
9 . AHMEDABAD . Gujarat High Court Issues Notice To ‘Times Of India’ & ‘Indian Express’ For ‘False & Distorted’ Reports On Proceedings; Live Law
10 . JHANSI . NBCC Signs MoU With Jhansi Development Authority For Development Land Parcels Worth Rs. 710 Crore; Khabar India
11 . NEW DELHI . Adani plant allowed to sell Bangladesh-bound power in India after rules amended; ET
12 . MUMBAI. Public sector banks (PSBs) posted 16.1 per cent year-on-year (Y-o-Y) growth in net profit at Rs 39,974 crore during the June 2024 quarter. Rediff mail
13 . KOLKATA . Doctors call off nationwide strike over Kolkata medic’s rape-murder. Deccan Herald
14 . NEW DELHI . CMD, PFC Inaugurates Research Anatomy Laboratory at IIT Madras under CSR Initiative; supported by a CSR grant of Rs 16.5 crore from PFC.
15 . MUMBAI. ONGC is calling for e-bids to set up a 1000 MW Captive ISTS-Connected Wind-#Soalr Hybrid Power Project (500 MW Solar + 500 MW Wind) on a Lumpsum Turnkey (LSTK) Basis across India. The project includes comprehensive O&M for 10 years.
16 . HYDERABAD . NMDC Q1 net profit rises 18% to Rs 1,963 crore . The Hindu
17 . NEW DELHI . Mohan Raj Shetty was recommended for BVFCL CMD.
18 . NEW DELHI . Shri Sandeep Poundrik takes charge as Secretary, Ministry of Steel.
19 . NEW DELHI . Sourabh Lohtia joins PNB MetLife as Chief Marketing & Communications Officer.
