Sunil Mehta elected as new chairman of Indian Banks Association

Sunil Mehta, the MD &chief executive of Punjab National Bank (PNB), has been elected as the new chairman of the Indian Banks Association (IBA) for 2018-19. Apart from him, Dinabandhu Mohapatra, MD & CEO of Bank of India (BoI), has ..

Indian Railways signs pact with GAIL for use of Natural Gas in railway workshops

In New Delhi, Indian Railways has recently signed a Memorandum of Understanding (MoU) with GAIL India Ltd for use of environment-friendly fuel ‘Natural Gas’ in Railway workshops and production units. The purpose of the pact is to replace Industrial gases ..

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 ..

SBI ranked as India’s most patriotic brand , as per survey conducted by UK-based online market research and data analytics firm YouGov

As per survey conducted by UK-based online market research and data analytics firm YouGov, the State Bank of India (SBI) has been ranked as the most patriotic brand, followed by Tata Motors, Patanjali, Reliance Jio and BSNL. The survey, which ..

Wipro launches Santoor women’s scholarship for higher education

The Wipro Consumer Care & Lighting will offer 3-year Santoor women’s scholarship for higher education to girls from economically weaker families in the three southern states of Karnataka, Andhra Pradesh and Telangana. Approx 900 girls from the 3 states will ..

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 ..