Kolkata, June 19 (IANS) Garden Reach Shipbuilders and Engineers (GRSE) Ltd has been declared a Navratna by the Government of India, the Department of Public Enterprises announced in a post on Friday. The shipyard, which is a Defence Public Sector Undertaking (DPSU), has built and delivered a record 118 warships to the Indian Navy and Indian Coast Guard over the last 65 years.As many as 80 have gone to the Navy. The latest among these are the INS Dunagiri, INS Sanshodhak and INS Agray, which were…
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New Delhi, June 2 (IANS) The government’s Offer for Sale (OFS) in National Hydroelectric Power Corporation (NHPC) Limited was oversubscribed 3.47 times on the first day of bidding for non‑retail investors, and it exercised the entire 3 per cent greenshoe option, a regulatory filing said on Tuesday.The total stake on offer was raised to 6 per cent from the original 3 per cent. The sale, launched with a floor price of Rs 71 per share, will allocate shares on a price‑priority basis.Retail inv…
New Delhi, April 2 (IANS) Former AAP leader and educator Avadh Ojha on Thursday said that though Leader of the Opposition (LoP) in the Lok Sabha, Rahul Gandhi, has evolved as a politician over time, he needs a ‘good guru’ and should build a strong ‘Navratna’ team around him. Speaking exclusively to IANS, Ojha said he was unsure about the purpose of LoP Gandhi’s foreign trip but acknowledged that he has evolved as a politician over time. However, he stressed that further growth would requir…
Mumbai, Feb 12 (IANS) Indian Railway Catering and Tourism Corporation (IRCTC), a Navratna public sector company, on Thursday reported a 15.51 per cent year-on-year (YoY) rise in consolidated net profit for the October–December quarter of the financial year 2025–26 (Q3 FY26).The company’s net profit increased to Rs 395 crore in the third quarter, compared with Rs 342 crore in the same period last financial year, as per its stock exchange filing.IRCTC’s revenue from core operations also show…
New Delhi, Jan 8 (IANS) The Indian Renewable Energy Development Agency (IREDA) has received the prestigious ‘Excellent’ rating in the MoU signed with the Ministry of New & Renewable Energy (MNRE) for the fifth consecutive year, underlining the organisation’s sustained focus on operational efficiency and financial discipline, an official statement issued on Thursday said.The ‘Excellent’ rating for the financial year 2024–25, has been achieved by the country’s largest pure-play g…