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INDIA MAHARATNA COMPANIES
BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...- Oil India reports natural gas presence in second Andaman offshore wellOil India Limited has found natural gas in its third exploratory well in the Andaman offshore block. This is the second well in the block t...
- Coal India plans syngas projects near gas-based power, DRI and fertiliser units as gas supply tightensIn a strategic move to bolster energy security, Coal India is gearing up to establish new coal-to-syngas facilities strategically positione...
- CIL's April coal auction quantity drops 6% vs March to 30.5 MTCoal India Limited offered 30.5 million tonnes of coal in April auctions. This marks a slight decrease from March. Global energy prices are...
- Coal India commissions 100 MW solar power project in GujaratState-owned Coal India Limited has commissioned a 100 MW solar power project in Gujarat. This marks a significant step in the company's ren...
- Coal India's production in April drops amid rising power demandApril brought unexpected challenges for Coal India, the giant behind India's coal production. The company experienced a significant 9.7 per...
- Oil India is now Maharatna, OVL is NavratnaFor a company to be categorized as a Maharatna status, a company should be listed on an Indian stock exchange and have an average annual tu...
- Power Ministry recommends Maharatna status to Power Grid‘Maharatna’ status allows state-run firms greater financial autonomy — they can decide on investments of up to 15% of their net worth in a ...
- Coal India rallies over 5% on declaring higher dividendShares of Coal India rallied as much as 5.1 pc after it announced a higher dividend of Rs 29 per share, amounting to Rs 18,317 crore, for 2...
- Maharatna status proposals for BHEL, GAIL to soon go to panel: OfficialAt present, BHEL and GAIL are Navratna PSUs. A Maharatna firm can take investment decision of up to Rs 5,000 crore without going to the gov...
- Only 25 per cent coal projects delayed by more than 1 yr: Ministry of Environment and ForestsNot agreeing to a GoM-appointed panel's report that forest clearance procedures were leading to up to 6 yrs of delays in coal projects.
- Government awards ONGC, Coal India for excellent performanceONGC, Coal India (CIL) and NMDC are among the state-owned companies that were awarded by the govt for best performance.
- Parent ministries oppose move to ease norms for conferring Maharatna statusThe development could delay upgradation of Bharat Heavy Electricals (BHEL) and Gas Authority of India (Gail) to 'maharatna' level.
- Govt relaxes norms for according Maharatna statusThe govt has relaxed norms for giving Maharatna status to public sector enterprises, a move that will benefit cos such as Coal India, GAIL,...
- Coal India fit for coveted Maharatna tagThe Department of Public Enterprises has found that Coal India Ltd meets the criteria for the Maharatna status.
- Decision on granting Maharatna tag to CIL likely tomorrowCIL, the world's largest coal-miner, with a turnover of Rs 52,000 crore in 2009-10, will be the fifth PSU to qualify for the Maharatna tag.
- ONGC, IOC get ‘maharatna tag’The government has empowered boards of state-run Oil & Natural Gas Corp and Indian Oil Corp to invest up to 5,000 crore in a project withou...
- CIL may get Maharatna status by yr end, BHEL in waiting listState-owned Coal India is likely to get listed by October and may be accorded Maharatna tag by 2010 end, while BHEL has to wait for at leas...
- Coal India to qualify for Maharatna status after listingThe Maharatna tag would give CIL financial authority to pursue acquisition of mining properties abroad. Top gainers, losers | 'IPO to attra...
- Star trek begins for NavratnasThe heavy industry and public enterprises ministry is drawing up the policy for the new Maharatna category.
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