DR M RAVI KANTH

hudco-s-d-meena-named-as-interim-cmd

HUDCO: S D Meena named as interim CMD

Ministry of Housing and Urban Affairs (MoHUA) has reportedly, given the additional charge of CMD post in HUDCO to Shiv Das Meena (IAS:1989:TN) for a period of six months w.e.f. 21.04.2020. Presently, he is working as Additional Secretary in MoHUA. Following the completion of Dr M Ravi Kanth last year the additional charge of CMD post was given to M Nagaraj, Director (Corporate Planning) for a period ending 17 April 2020. 

Apprehending the delay in the selection process for CMD post, which was advertised recently, the ministry gave the additional charge to S D Meena. 

23 Apr 2020
hudco:-calendar-and-diary-for-2020-released

HUDCO: Calendar and diary for 2020 released

Dr M Ravi Kanth (CMD, HUDCO) released HUDCO calendar and diary for the year 2020, at a function held to mark the 63rd death anniversary of Babasaheb Dr B R Ambedkar, Architect of our Constitution.

06 Dec 2019
hudco-s-d-meena-named-as-interim-cmd

HUDCO: S D Meena named as interim CMD

By IndianMandarins 23 Apr 2020

Ministry of Housing and Urban Affairs (MoHUA) has reportedly, given the additional charge of CMD post in HUDCO to Shiv Das Meena (IAS:1989:TN) for a period of six months w.e.f. 21.04.2020. Presently, he is working as Additional Secretary in MoHUA. Following the completion of Dr M Ravi Kanth last year the additional charge of CMD post was given to M Nagaraj, Director (Corporate Planning) for a period ending 17 April 2020. 

Apprehending the delay in the selection process for CMD post, which was advertised recently, the ministry gave the additional charge to S D Meena. 

hudco:-calendar-and-diary-for-2020-released

HUDCO: Calendar and diary for 2020 released

By IndianMandarins 06 Dec 2019

Dr M Ravi Kanth (CMD, HUDCO) released HUDCO calendar and diary for the year 2020, at a function held to mark the 63rd death anniversary of Babasaheb Dr B R Ambedkar, Architect of our Constitution.

hudco-observes-constitution-day

HUDCO observes Constitution Day

By IndianMandarins 27 Nov 2019

Dr M Ravi Kanth, CMD HUDCO, read out the Preamble of the Constitution to commemorate the occasion of Constitution Day, 2019. Dr Kanth underlined the contributions made by Dr B R Ambedkar, the architect of the Constitution of India and reiterated the need to follow the tenets of the constitution in letter and spirit.

hudco:-dr-kanth-addressed-49th-agm

HUDCO: Dr Kanth addressed 49th AGM

By IndianMandarins 25 Sep 2019

Dr. M. Ravi Kanth, Chairman & Managing Director, HUDCO addressed the shareholders at its 49th Annual General Meeting in New Delhi on 25th September, 2019 which was well attended by all the stakeholders who appreciated the financial performance of HUDCO in 2018-19.

hudco-starts-plantation-drive

HUDCO starts plantation drive

By IndianMandarins 19 Sep 2019

Dr M Ravi Kanth (CMD, HUDCO) today planted saplings to launch a tree plantation drive, as part of a series of events planned to mark the 150th birth anniversary of Mahatma Gandhi under the Swachh Bharat Mission. On the occasion, a mass awareness campaign rally was also organized by HUDCO.

hindi-pakhwara-inaugurated-in-hudco

Hindi Pakhwara inaugurated in HUDCO

By IndianMandarins 16 Sep 2019

HUDCO CMD Dr M Ravi Kanth inaugurated Hindi Pakhwada that is being observed between September 13 and September 27, 2019. Dr Kanth emphasized the need to use Hindi in the official work with full dedication and commitment. Several competitions including recitation, public speaking, kavisammelan and essay writing will be organized during the fortnight to promote Hindi language.

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A noble gesture on fasting day by HUDCO

By IndianMandarins 13 Jun 2019

State-run infrastructure giant Housing and Urban Development Corporation (HUDCO) organised a community lunch, or ‘Bhandara’, at the India Habitat Centre complex, in New Delhi on Thursday, June 13, to mark the fasting event or Nirjala Ekadashi when people abstain from food and water to please the creator. The Chairman and Managing Director HUDCO Dr M Ravi Kanth himself served water and food among those present. He was accompanied by other senior officials through the event.

hudco-posts-robust-financial-results-in-2018-19

HUDCO posts robust financial results in 2018-19

By IndianMandarins 28 May 2019

Dr M. Ravi Kanth, CMD HUDCO, shared the highlights of HUDCO’s robust performance in 2018-19, wherein the company has witnessed a 17% rise in Net Profit that has touched an all-time high of Rs.1180 crore in 2018-19, from Rs.1010 crore in 2017-18. HUDCO has seen a 10% growth in its net worth that has reached Rs.10956 crore in 2018-19, from Rs. 9943 crore in 2017-18. The net total income also witnessed a jump of 33% to Rs. 5548 crore in 2018-19, from Rs. 4,171 crore in 2017-18.

 

HUDCO has disbursed Rs. 31,009 crore, which is a growth of 87% in 2018-19, from Rs.16,565 crore in 2017-18. The balance sheet size of HUDCO has seen a quantum jump of 49% to Rs.72829 crore in 2018-19, from Rs. 48915 crore in 2017-18. HUDCO’s Net NPA is 0.50%, which is among the lowest in the sector.

 

During the year 2018-19, a total of 20.68 lakh dwelling units were sanctioned, including EWS and LIG category, as against 8.88 lakh units in 2017-18.

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