EPFO Records Highest Monthly Net Member Addition in December 2023

New Delhi: The Employees’ Provident Fund Organisation (EPFO) has reported a significant surge in its provisional payroll data for December 2023, with a net addition of 15.62 lakh members. This figure marks the highest monthly net member addition in the last three months, representing an 11.97% increase compared to November 2023. The year-on-year analysis reveals…

Read More

IREDA Plans Subsidiary for Retail Projects in Renewable Energy Sector

New Delhi: Indian Renewable Energy Development Agency Ltd. (IREDA) is set to establish a subsidiary dedicated to retail projects, including Rooftop Solar, PM-KUSUM, Electric Vehicles, and other Business-to-Consumer (B2C) segments. The announcement was made by Shri Pradip Kumar Das, the Chairman and Managing Director (CMD) of IREDA, during a panel discussion on “Green Financing: Architecture…

Read More

DARPG Initiates National e-Governance Service Delivery Assessment (NeSDA) Way Forward

New Delhi: The Department of Administrative Reforms and Public Grievances (DARPG) has taken a significant step towards the National e-Governance Service Delivery Assessment (NeSDA) Way Forward initiative. This endeavor aims to saturate e-services and promote the utilization of unified service delivery portals, fostering faceless and suo-moto entitlement-based delivery of services to bridge the gap between…

Read More

PFC Signs MoU to Support Goa’s Climate Ambitions Through Blended Finance Facility

Goa: Power Finance Corporation (PFC), India’s leading NBFC, power sector PSU, and the largest renewable energy financier, has joined forces with the Government of Goa to bolster the state’s climate ambitions. The collaboration comes under the newly established Blended Finance Facility, a partnership between the Government of Goa and The World Bank, aimed at promoting…

Read More

NHPC Empowers Minds with the First Edition of ‘Gyanankan – The Business Quiz’

Faridabad: NHPC, a premier hydropower company, marked a significant milestone by successfully organizing the inaugural edition of ‘Gyanankan – The Business Quiz’ for its employees. The quiz, a part of NHPC’s Organizational Development initiatives, aimed to encourage employees to stay informed about the latest business developments, current affairs, and global advancements. It also sought to…

Read More

REC Limited Contributes Rs. 15 Crores to Armed Forces Flag Day Fund for Education of Ex-Servicemen’s Children

New Delhi: REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a prominent Non-Banking Financial Company (NBFC), has demonstrated its commitment to social responsibility by contributing Rs. 15 crores to the Armed Forces Flag Day Fund through REC Foundation, its CSR arm. The generous donation will be utilized to support…

Read More

India’s National Quantum Mission Advances with Call for T-Hub Proposals

New Delhi: The National Quantum Mission (NQM) in India took a significant step forward as quantum science researchers and technologists gathered for a brainstorming session on the call for pre-proposals for establishing Thematic Hubs (T-Hubs) under the mission. The session brought together experts from across the country eager to contribute to India’s pioneering National Quantum…

Read More

Sarbananda Sonowal Launches ₹308 Crore Waterway Development Projects in North East

Guwahati: In a significant boost to the development of waterways in the North East region, Union Minister of Ports, Shipping & Waterways, and Ayush, Sarbananda Sonowal, unveiled projects worth ₹308 crore today in Guwahati. Simultaneous events took place at various locations, including Bogibeel in Dibrugarh, Badarpur in Karimganj, IWAI port in Dhubri, and Sonamura in…

Read More

CCI Greenlights Minda Corporation’s Acquisition of Stake in Pricol Limited

New Delhi: In a significant development, the Competition Commission of India (CCI) has granted approval for the acquisition of up to 8.79% (approximately) of the equity share capital of Pricol Limited (Pricol) by Minda Corporation Limited (Minda). The proposed combination revolves around Minda Corporation Limited acquiring a substantial stake of up to 8.79% in Pricol…

Read More

Odisha Forest Department Initiates Special Training Program to Tackle Human-Animal Conflict

Bhubaneswar: Taking a proactive stance on mitigating the escalating human-animal conflict, the Odisha Forest Department has launched a specialized training program for its personnel. The training focuses on equipping them with the skills to effectively utilize modern equipment, aiming to minimize instances of conflict. Currently, the training session is in progress at the Nandankanan Zoological…

Read More