Author: Rishabh Sharma

NEW DELHI: State-owned construction major NBCC (India) Limited has expanded its project pipeline by securing two distinct domestic work orders aggregating to ₹42.55 crore (excluding GST). The Navratna central public sector enterprise (CPSE) filed official disclosures with the National Stock Exchange (NSE) and BSE Limited on Saturday, confirming that both contracts were secured under its core Project Management Consultancy (PMC) vertical in the ordinary course of business. Breakdown of the New Work Orders The cumulative order book addition is split across institutional education and banking infrastructure: 1. Indian Bank Commercial Complex (Amaravati) — ₹35.63 Crore Client: Indian Bank Project Scope:…

NEW DELHI: Marking a crucial moment in the evolution of Indo-U.S. ties under the current Washington administration, United States Secretary of State Marco Rubio called on Prime Minister Narendra Modi at Seva Teerth in New Delhi on Saturday. The high-stakes engagement launched Rubio’s four-day, multi-city official tour of India, serving to stabilize bilateral trade trajectories, expand strategic defense integration, and address critical energy security vulnerabilities stemming from the volatile conflict in West Asia. Key Takeaways White House Invitation Extended: Acting on behalf of U.S. President Donald Trump, Secretary Rubio extended a formal invitation to Prime Minister Modi for an upcoming…

NEW DELHI: Maintaining leadership stability at the helm of its regulatory committees, the Board of Directors of Greenlam Industries Limited has formally approved the re-appointment of Yogesh Kapur as an Independent Director.

THIRUVANANTHAPURAM: In a significant bureaucratic realignment following the political transition in the state, senior IAS officer Dr. Rathan U. Kelkar has been appointed as the Secretary to the Chief Minister of Kerala, V. D. Satheesan.

NEW DELHI: Underscoring India’s commitment to a market-determined currency regime, Union Commerce and Industry Minister Piyush Goyal clarified that the central government does not manipulate or intervene in the movement of the Indian Rupee (INR). Addressing the 19th Rozgar Mela, Goyal emphasized that the currency’s exchange rate is strictly dictated by global macroeconomic factors and free market forces. The Minister’s remarks arrive during a highly volatile trading window, where the rupee has faced sustained pressure from intense geopolitical conflicts in West Asia and shifting global supply chain risks. Key Takeaways Market-Driven Valuation: Goyal dismissed any speculation of state-mandated currency pegging,…

KOLKATA: Commemorating the International Day for Biological Diversity 2026, the ICAR-Central Inland Fisheries Research Institute (ICAR-CIFRI) executed a large-scale river ranching program at Daspara Ghat in the Lower Ganga. The conservation drive, held on May 22, 2026, was conducted under the National Mission for Clean Ganga (NMCG) Phase-III project. The initiative highlights the central government’s science-driven approach to replenishing aquatic biodiversity and stabilizing riverine fisheries livelihoods along the Ganga basin. Key Takeaways Massive Fingerling Deployment: To restore severely depleted indigenous fish stocks, scientists and local fishers ranched approximately 250 kg of Indian Major Carp (IMC) fingerlings. In total, nearly 35,000…

NEW DELHI: Anchoring a significant multilateral summit on regional economic efficiency, the 68th Session of the Governing Body Meeting (GBM) of the Asian Productivity Organization (APO) successfully concluded at Bharat Mandapam, New Delhi. The high-level event, spanning May 20–22, 2026, was hosted by India’s National Productivity Council (NPC) under the aegis of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry. The summit brought together heads of national productivity organizations, policymakers, and economic experts from across the Asia-Pacific region. Key Takeaways Strategic Roadmap Evaluated: The plenary sessions reviewed the institutional implementations under the APO…

NEW DELHI: Expanding its footprints into India’s high-growth space technology ecosystem, RailTel Corporation of India Limited has secured a major contract from NewSpace India Limited (NSIL), the commercial arm of the Department of Space. In a regulatory stock exchange filing, the state-owned telecom and ICT infrastructure provider confirmed receiving a formal Letter of Intent (LoI) from NSIL for a comprehensive digital overhaul. The domestic contract is valued at ₹31.21 crore (excluding applicable taxes). Key Takeaways Scope of Digital Overhaul: RailTel’s mandate spans the entire lifecycle of the tech upgrade. It includes the supply of enterprise-grade IT infrastructure, end-to-end installation and…

BENGALURU: In a high-profile corporate realignment, 3M India Limited has officially cleared the appointment of Dwarakanath Ranganath Mavinakere (widely known as M D Ranganath) as the new Chairman of the Board of Directors.

MUMBAI: In a move that guarantees institutional continuity across India’s financial advisory sector, the board of directors of DAM Capital Advisors Limited has officially cleared the re-appointment of Dharmesh Anil Mehta as the firm’s Managing Director and Chief Executive Officer (MD & CEO).