Maharatna Companies Current Affairs, GK & News
The REC Ltd. has been accorded the status of ‘Maharatna’ Central Public Sector Enterprise. Key facts The REC Ltd., is the 12th company to be given the Maharatna Status. The Maharatna status provides the state-run company’s board more power while making financial decisions. The board of a Maharatna Central Public Sector Enterprise can make equity ..
Central Government has given “Maharatna” status to Power Finance Corporation (PFC). PFC has become the 11th state-owned entity in India to enter the Maharatna category. Key Points PFC now joins the ranks of other companies like ONGC, Steel Authority of India Limited (SAIL), BHEL and Indian Oil Corporation. PFC is the largest infrastructure company of India. ..
Category: Economy & Banking Current Affairs - 2022
State-owned Coal India Ltd. (CIL) has started the pilot project to replace Diesel with LNG on September 1, 2021. Highlights According to CIL, it started the process of retrofitting LNG kits in its dumpers, the big trucks that are engaged in transportation of coal. This move will help CIL to save around Rs 500 crore ..
State-run oil marketing company Bharat Petroleum Corporation (BPCL) is all set to become a Maharatna company. Presently it is having Navratna status. The decision to elevate BPCL to Maharatna status was taken by panel headed by Cabinet secretary and an announcement to this effect will be made soon. BPCL will be eight Central Public Sector ..