Hindustan Aeronautics Limited said on Friday it has registered highest-ever revenue from operations of around Rs 26,500 crore (provisional and unaudited) for 2022-23 as against Rs 24,620 in the previous financial year, an eight per cent growth. HAL CMD, C B Ananthakrishnan said, “Despite the challenges of supply chain disruptions due to geo-political situations, the [...]
Navratna defence PSU Bharat Electronics Limited (BEL) has received export orders worth USD 52 million during this month, the company said on Friday. This includes communication equipment, electronics assembly, micro modules and mechanical parts for various customers from France, Israel, and the USA, among others, the Bengaluru-headquartered company said in a statement. "This is reflective [...]
Production of eight infrastructure sectors recorded an almost flat growth rate of 6 per cent in February as against 5.9 per cent in the same month last year, according to official data released on Friday. The output of core sectors had increased by 8.9 per cent in January 2023. Barring crude oil, all the segments [...]
Procurement of goods and services from government portal GeM has crossed Rs 2 lakh crore this fiscal on account of an increase in buying activities by different ministries and departments. The Government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and [...]
State-owned Power Grid Corporation on Friday said the POWERGRID Rampur Sambhal Transmission project has been commissioned. POWERGRID Rampur Sambhal Transmission Limited (a wholly-owned subsidiary of Power Grid Corporation of India Ltd, secured Intra-State TBCB (tariff based competitive bidding) project of Uttar Pradesh through tariff based competitive bidding has successfully commissioned the project on March 30, [...]
The Foreign Trade Policy (FTP) 2023 has outlined a slew of measures like extending all FTP benefits to e-commerce exports, and doubling the value limit for exports through courier to Rs 10 lakh per consignment, with estimates pegging the potential of growth in e-commerce exports to USD 200-300 billion by 2030. To spur e-commerce exports, [...]
The government has extended the date of mandatory fitness testing through a registered Automated Testing Station (ATS) for heavy goods and passenger motor vehicles by 18 months to October 1, 2024. Earlier, the Road Transport and Highways Ministry (MoRTH) had said that fitness testing for heavy goods vehicles and heavy passenger motor vehicles through an [...]
Private lender Bandhan Bank on Friday said it has added 50 more branches to its existing network of around 1350 others across the country. The majority of the new branches opened are in Bihar, Gujarat and Madhya Pradesh, the Kolkata-based bank said in a statement. It said that the spread of the new branches is [...]
Over 1 crore mobile numbers were seeded in Aadhaar following requests from residents in the month of February, an official statement said on Friday. The linking of mobile numbers with Aadhaar jumped 93 per cent in February from 56.7 lakh registration in January, according to the Unique Identification Authority of India (UIDAI). "Over 10.97 million [...]
The mango crop in the country has been damaged up to 20 per cent because of untimely rains, hailstorm and strong wind, according to senior ICAR officials. Many mango growers said the damage has been huge in North India due to hailstorm and thunderstorm. Mango is an important fruit crop in India and popularly called [...]