Hindustan Aeronautics Limited becomes first Public Sector Unit (PSU) to make a transaction on “TReDS platform”

The Hindustan Aeronautics Limited (HAL) has become the first Public Sector Unit (PSU) to make a transaction on the “TReDS platform”. The transaction was financed by Bank of Baroda (BoB) and since stands settled. The TReDS platform is an online ..

Garden Reach Shipbuilders and Engineers becomes first Defence PSU to be activated on TReDS platform

The Garden Reach Shipbuilders and Engineers Ltd (GRSE) has become the first defence Public Sector Units (PSU) to be activated on the TReDS (Trade Receivable Discounting System) platform. The platform enables discounting of invoices of MSME sellers against large buyers ..

54 Indian companies among Forbes ‘Global 2000’

In the latest released Forbes ‘Global 2000’ list, Mukesh Ambani-led Reliance Industries leads the set of 54 Indian companies in the annual list of the world’s 2000 largest and most powerful public companies. The top three positions of the list is ..

Month: Current Affairs - May, 2014

Current Affairs: Top Headlines September 6, 2013

Iran to set free Indian tanker after 24 days of detention Iran ordered release of an Indian tanker detained by it for the past 24 days at its Bandar Abbas port after being seized in Persian Gulf while carrying crude ..

Month: Current Affairs - September, 2013

Category: Awards, Honours & Persons in News

Government rejects Fitch ratings

Lashing out at global rating agencies for reducing credit outlook of Indian banks, the government held these bodies are fully capitalized and there is nothing to worry about them. Finance Minister Pranab ruled out the Fitch revision enunciating that the ..

Month: Current Affairs - June, 2012