HPCL become first Indian Oil Marketing Company (OMC) to launch lubricants in Myanma

The Hindustan Petroleum Corporation Ltd (HPCL), the public sector undertaking , has become the first Oil Marketing Company (OMC) from India that has started marketing lubricants in Myanmar and has chosen commercial hubs of Yangon and Mandalay.

IDBI bank launched ‘Project Nishchay’ to improve financial performance

IDBI Bank has launched ‘Project Nishchay’ in partnership with the Boston Consulting Group (BCG) to accelerate its turnaround program and improve financial performance. The project will be led by senior management at IDBI Bank along with BCG. As part of ..

Shashi Shanker newly appointed CMD of Oil and Natural Gas Corporation (ONGC)

Shashi Shanker has been appointed Chairman and Managing Director of India’s biggest oil and gas producer, Oil and Natural Gas Corporation (ONGC) till March 31, 2021. Currently, he is director (Technical and Field Services) at ONGC and will take over ..

India’s first Lithium-Ion battery unit to set up in Gujarat

India’s first lithium-ion battery facility will be set up by Japanese automobile giant Suzuki Motor Corporation (SMC) at Hansalpur in Gujarat. The new plant will make lithium-ion batteries for hybrid car models to be sold in domestic and international markets. ..

N R Narayana Murthy conferred PLuS Alliance Prize for Global Leadership

Infosys co-founder N R Narayana Murthy and Mumbai-born scientist Veena Sahajwalla have been conferred the PLuS Alliance Prize – a prestigious honour that recognises Research Innovation, Education Innovation, Global Leadership and Global Innovation. The Prize of $ 50,000 was awarded ..

NTPC signs a Rs 3,000-crore term loan agreement with ICICI Bank for partially funding its capital expenditure

The state-owned NTPC has signed a term loan agreement for Rs. 3,000 crore with ICICI Bank for partially funding its capital expenditure. The loan which has a door-to-door tenure of 15 years will be utilised to part finance the capital ..

The Ujjivan Small Finance Bank (SFB) Ltd received ‘Scheduled Bank’ status by RBI

The Ujjivan Small Finance Bank (SFB) Ltd, a wholly-owned subsidiary of Ujjivan Financial Services Ltd., has been included in the Second Schedule to the Reserve Bank of India (RBI) Act, 1934. With this, Ujjivan SFB has attained the status of ..

Nandan Nilekani appointed as new non-executive Chairman of Infosys

Nandan Nilekani, the Infosys co-founder and the architect of Aadhaar, has been appointed as the new non-executive chairman of the board of directors of Infosys. The sweeping changes have been made to the board in an attempt to restore stability ..