Public Sector Unit News

NBCC Reports 39% Jump in Q4 Profit to ₹253 Crore, Recommends Final Dividend

  • May 26, 2026
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Navratna PSU NBCC (India) Ltd, which provides project management consultancy services, announced on Monday a significant increase in its consolidated net profit for the fourth quarter of FY26. The company attributed this success to better operational efficiency and consistent development in its PMC sector. After a consolidated net profit of Rs 182.66 crore in Q4 […]

Public Sector Unit News

India’s Nuclear Energy Push Gains Momentum With NLC India-NPCIL Agreement

  • May 26, 2026
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An important step toward enhancing India’s clean energy capacity and long-term energy security has been taken with the signing of a Memorandum of Understanding (MoU) by NLC India Limited (NLCIL) and Nuclear Power Corporation of India Limited (NPCIL) to establish a joint venture for the development of nuclear power projects in the nation. The nuclear […]

Public Sector Unit News

ONGC-BP Partnership Aims to Accelerate Western Offshore Energy Production

  • May 26, 2026
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The appointment of BP Exploration Services India Limited, a wholly-owned subsidiary of BP Plc located in the United Kingdom, as the Technical Services Provider (TSP) for ONGC’s Western Offshore oil and gas fields—excluding Mumbai High—was announced on Monday. The purpose of this appointment is to improve output from existing offshore assets. This hiring is the […]

Public Sector Unit News

India Post Achieves All-Time High Revenue of ₹15,373 Crore in FY26

  • May 26, 2026
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According to Union Minister of State for Communications and Rural Development Chandra Sekhar Pemmasani, India Post achieved a record-breaking income of Rs 15,373 crore in FY26, thanks to rapid digital transformation efforts and robust development in parcel and logistics operations. According to the minister, India Post’s revenue was around 11,500 crore Indian rupees in 2016 […]

Public Sector Unit News

DRI Busts Major Smuggling Operation, Seizes 60,000 Kg Foreign Areca Nuts

  • May 25, 2026
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Sixty thousand kilograms of illegally imported areca nuts were confiscated by the Directorate of Revenue Intelligence (DRI) in the northeastern region, along with five individuals, as announced on Friday by the minister of finance. These seizures occurred as a result of operations carried out by DRI in Assam and Mizoram in response to particular intelligence. […]

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India and UAE Sign New Energy, Defence and AI Deals to Deepen Strategic Ties

  • May 25, 2026
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During Prime Minister Narendra Modi’s recent visit, agreements were struck between India and the United Arab Emirates. These agreements are anticipated to strengthen the economic and strategic alliance between the two nations in areas such as energy, investment, military, and technology. The accords, according to India Narrative’s report, strengthen India’s resilience to energy shocks, marine […]

Public Sector Unit News

NTPC Reports 75% Jump in Q4 Profit Driven by Operational Growth

  • May 25, 2026
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Operating gains, capacity increases, and increased efficiencies drove solid financial results for the fourth quarter and full financial year ended March 31, 2026, according to state-owned power company NTPC Limited’s Saturday report. The public sector utility’s standalone profit after tax (PAT) increased by 75% quarter-on-quarter in Q4 FY26, reaching Rs 8,747 crore, from Rs 4,987 […]