Public Sector Unit News

Urban Challenge Fund Gets HUDCO Support to Drive Tier-2, Tier-3 City Development

  • April 16, 2026
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When the Ministry of Housing and Urban Affairs in India announced the Urban Challenge Fund (UCF), Housing and Urban Development Corporation Limited (HUDCO) hailed it as a game-changer for speeding up India’s next-generation urban development. In order to spur development in secondary and tertiary cities, the Urban Challenge Fund supports market-linked financial instruments and promotes […]

Public Sector Unit News

EdCIL, Semiconductor Laboratory Ink MoU for Computer-Based Recruitment Exams

  • April 16, 2026
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The Semiconductor Laboratory (SCL), which is part of the Ministry of Electronics & Information Technology (MeitY), and EdCIL India Limited have inked a Memorandum of Understanding (MoU) to oversee CBT-based recruiting. Director General Kamaljeet Singh of SCL and Additional Secretary Amitesh Kr. Sinha of MeitY were present when the MoU was inked. As EdCIL continues […]

Public Sector Unit News

HDFC AMC Allots 70,535 ESOPs, PSUs to Employees Under 2025 Incentive Plan

  • April 16, 2026
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Grants of stock benefits under the Employees Stock Options and Performance-linked Stock Units Scheme – 2025 have been approved by HDFC Asset Management Company Limited. The Nominations and Remuneration Committee met on April 16, 2026, and reached the decision then. The program includes the issuance of 70,535 equity shares having a face value of ₹5 […]

Public Sector Unit News

NHAI Directs FASTag Banks to Verify Vehicle Registration Details

  • April 16, 2026
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In response to reports of discrepancies between FASTag data and real vehicle registration numbers, the National Highways Authority of India (NHAI) has ordered all FASTag issuing banks to verify FASTag-linked VRNs without delay. Ministry of Road Transport and Highways officials have warned that inconsistencies like these could lead to lax enforcement, the escape of tax […]

Corporate News

TKMS and Navantia Sign MoU on Roadmap to Cooperation in Naval Shipbuilding

  • April 16, 2026
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TKMS AG & Co. KGaA  (TKMS), a provider of maritime defense solutions including conventional submarines, naval ships and innovative electronics solutions, and Spanish company Navantia S.A., SME (Navantia), one of  Europe’s market leaders in the design, construction and through life support of naval ships and submarines as well as combat systems integrator, have signed a […]

International news

India Dispatches 13 Tonnes of BCG Vaccines to Afghanistan to Boost Child Immunisation

  • April 15, 2026
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In a bid to bolster Afghanistan’s child immunisation campaign against tuberculosis, India has sent 13 metric tonnes of BCG vaccines and associated dry materials, demonstrating its ongoing humanitarian aid to the area. This shipment was sent by the Indian Ministry of External Affairs to the Afghan Ministry of Public Health in order to enhance collaboration […]

Public Sector Unit News

PFC Arm Sets Up 4 SPVs to Accelerate Transmission Projects in Rajasthan & Karnataka

  • April 15, 2026
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Four totally owned Special Purpose Vehicle (SPV) firms have been incorporated by Power Finance Corporation Limited (PFC) through its subsidiary PFC Consulting Limited (PFCCL). These companies would be responsible for developing important power transmission projects in Jaipur and Karnataka. Stock exchanges, such as BSE Limited and National Stock Exchange of India Limited, were informed of […]