Ministry of Heavy Industries and Public Enterprises Current Affairs - 2019

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BHEL and ARAI signs MoU for e-mobility projects

Bharat Heavy Electricals Limited (BHEL) and Automotive Research Association of India (ARAI) signed MoU (Memorandum of understanding) for cooperation on projects related to e-mobility. Importance BHEL’s unique strength as technology developer and implementer and ARAI’s expertise and advanced facilities in design, testing and certification of mobility products, will efficiently generate synergies in implementing solutions for Read More…

Month:  Categories: Business, Economy & Banking

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NPCC conferred Miniratna Category–I status

Union Government has conferred status of Miniratna: Category–I to National Projects Construction Corporation Limited (NPCC). The empowerment of miniratna status to NPCC will help company to take speedy decisions by enhancing delegation of powers to Board. National Projects Construction Corporation Limited (NPCC) NPCC is schedule ‘B’ Central Public Sector Enterprise (CPSE) under administrative control of Read More…

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Union Government launches FAME-India scheme to boost electric, hybrid vehicle sales

Union Government on 1 April 2015 launched Faster Adoption and Manufacturing of Hybrid and Electric vehicles (FAME) – India Scheme. The scheme was launched as part of the National Mission for Electric Mobility to boost eco-friendly vehicles sales in the country. Facts about FAME India scheme Objective- to support the hybrid or electric vehicles market Read More…

Month:  Categories: Science & Technology

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“Timekeepers to the nation” HMT Watches to wind down after 53 years

Once synonymous to watches in India “HMT” is set to be winded up in a phased manner. Burdened with losses for more than a decade, the government is set to shut down HMT Watches, which was restructured in 1999, but nothing changed for HMT. During 2012-13, HMT reported losses of Rs 242 crore on revenues Read More…

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Government conferred Navratna status on CONCOR

Ministry of Heavy Industries and Public Enterprises, Department of Public Enterprises, Government of India granted Navratna status to Container Corporation of India Ltd. (CONCOR). The company provides logistics solution and has the largest network of 62 Inland Container Depots (ICDs)/container freight stations in India. Besides providing inland transport by rail for containers, it has also Read More…

Month:  Categories: Business, Economy & Banking

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