Author: Rishabh Sharma

MUMBAI – Indian Oil Corporation Limited (IOCL) has officially notified stock exchanges of a significant change in its board composition following the completion of the terms of three Independent Directors. In a regulatory filing under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, India’s largest oil refiner confirmed that the following directors ceased to hold office effective March 28, 2026: Prasenjit Biswas Krishnan Sadagopan Dattatreya Rao Sirpurker The company clarified that these departures are strictly due to the natural conclusion of their respective tenures and are not related to any resignations. As a major public sector enterprise, Indian Oil’s adherence…

NEW DELHI – Indian Renewable Energy Development Agency Limited (IREDA) has officially announced a change in its Board of Directors following the successful completion of the terms of two Independent Directors. In a regulatory filing submitted to stock exchanges, the clean energy financier confirmed that Shri Shabdsharan N. Brahmbhatt and Dr. Jaganath C. M. Jodidhar ceased to be Part-time Non-Official (Independent) Directors, effective March 28, 2026. The transition follows the conclusion of their tenure as per the Ministry of New and Renewable Energy (MNRE) order issued on March 28, 2025. IREDA emphasized that the departures are strictly due to the…

AHMEDABAD – Softrak Venture Investment Limited has officially named Mrs. Manorama Jitendra Shah as an Additional Independent Director, effective immediately.

NEW DELHI – Pasupati Fincap Limited has officially announced the appointment of Mrs. Rakhi Sharma as a Non-Executive Independent Director to its Board.

NEW DELHI – The Ministry of External Affairs (MEA) has officially named Naba Kumar Pal as India’s next Ambassador to the Republic of Chad.

NEW DELHI – In a significant diplomatic shuffle, the Ministry of External Affairs (MEA) has officially named Periasamy Kumaran as India’s next High Commissioner to the United Kingdom.

NEW DELHI – Prime Minister Narendra Modi has extended his “heartfelt congratulations” to Mr. Balendra Shah, popularly known as Balen, following his swearing-in as the Prime Minister of Nepal on Friday, March 27, 2026. In a message shared on X (formerly Twitter), PM Modi stated that Shah’s assumption of office reflects the deep trust the people of Nepal have placed in his leadership. He expressed strong confidence that under this new administration, the friendship and cooperation between India and Nepal would reach “new heights” for the mutual benefit of both nations. A Historic Transition At 35, Balendra Shah—a structural engineer…

NEW DELHI – Prime Minister Narendra Modi chaired a high-level virtual meeting with Chief Ministers and Lieutenant Governors on Friday to solidify India’s preparedness against the economic and logistical fallout of the ongoing conflict in West Asia. Invoking the “Team India” spirit that guided the country through the COVID-19 pandemic, the Prime Minister emphasized that the nation’s strength lies in seamless coordination between the Centre and States. He noted that an Inter-Ministerial Group has been conducting daily reviews since March 3 to protect energy security and trade stability. Key Directives to State Administrations: Supply Chain & Markets: Ensure smooth flow…

NEW DELHI — In a written reply to the Lok Sabha, Minister of State for Women and Child Development Smt. Savitri Thakur detailed the comprehensive restructuring and digital transformation of India’s flagship nutrition programs. Under the umbrella of Mission Saksham Anganwadi and Poshan 2.0, the government has integrated Anganwadi services, the Poshan Abhiyaan, and the Scheme for Adolescent Girls to accelerate improvements in national nutrition indicators. The mission is a Centrally Sponsored Scheme implemented across all States and Union Territories, with a focus on real-time monitoring and modernized infrastructure. Digital Transformation: The ‘Poshan Tracker’ The Ministry has transitioned to a…

NEW DELHI — NLC India Limited (NLCIL), a Navratna public sector enterprise under the Ministry of Coal, has announced that India Ratings and Research has reaffirmed its top-tier credit ratings. The announcement, made via a regulatory filing on March 26, 2026, confirms the company’s position as one of the most financially secure entities in India’s energy sector. The ratings apply to the company’s bank loan facilities, commercial papers, and non-convertible debentures (NCDs), reflecting strong operational stability and a robust capacity to meet financial obligations. Breakdown of Affirmed Ratings The high ratings indicate that NLC India carries the lowest possible credit…