NEWS Rupee rebounds 8 paise in opening trade
NEWS Sensex gains 93 pts in early trade; RIL, ITC gain
NEWS Body of ASI riddled with bullets found at Gurgaon home
NEWS Coal India dispatches 0.88 MT coal to power sector on Sep 17
NEWS Rs.389 crore dam collapses a day before inauguration in Bihar
NEWS BSF, ITBP chiefs stress on need for technology in border management
NEWS 7.1 magnitude quake kills nearly140 in Mexico
NEWS Trai cuts interconnect charges to 6 paise a minute

Daily Archives: June 2, 2017

REC posts its highest-ever annual profit of Rs. 6,246 Crore

Rural Electrification Corporation (REC) Limited, a Navratna public sector company, recorded an increase of 11% in Profit after Tax (PAT) to Rs. 6,246 crore in FY17 over last year. Total Income of the Company for the year ended 31 March 2017 rose to Rs. 24,096 crore against Rs. 23,757 crore…

NEC Secretary: Repatriation or lateral shift?

Indianmandarins has learnt that Ramnganing Muivah (IAS:1985:TR), Secretary of the North Eastern Council, may soon be replaced. Reportedly, either he may be repatriated to his cadre or may be laterally shifted in Govt of India. The North Eastern Council (constituted in 1971 by an Act of Parliament) is the nodal…

Prakash set to repatriate; tipped for RC, Andhra Pradesh

Indianmandarins has reliably learnt that Praveen Prakash (IAS:1994:AP), Joint Secretary in the Ministry of Urban Development, is all set to repatriate. Reportedly, he may take over as the Resident Commissioner of Andhra Pradesh in New Delhi. This post fell vacant a couple of weeks back following the appointment of A…

JS (Security) Parliament: Old panel Vs Mittal (IPS)

The appointment of a new Joint Secretary (Security), Parliament, has become a bone of contention. Indianmandarins has reliably learnt that Sandeep Mittal (IPS:1995:TN) has suddenly emerged as the front-runner for the coveted post amid the fact that the old panel, comprising 04 IPS officers, which was sent by MHA to…

Banks’ digitization drive runs short of funding

File Photo

The Indian Banking Association (IBA) on Thursday portrayed a grim picture of the post-demonetization scenario for the banking sector. In a briefing to the Standing Committee of Parliament on Finance headed by veteran Congress MP Veerappa Moily, IBA representatives said banks need more aid and assistance from the Centre to…

SBI seeks DoT help to solve lenders’ problems

State Bank of India has asked the Department of Telecom to work out a bailout package for telecom operators, including a deferred payment for spectrum and rationalization of spectrum fee. SBI was prompted to do this as lenders have a total exposure of more than Rs 4 lakh crore to…

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