Friday, Apr 19 2024 | Time 16:20 Hrs(IST)
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India


Cabinet nod for GoI loan waiver to HFCL

New Delhi, May 25 (UNI) In a move that will help expedite revival of the Barauni fertiliser unit, the Union Cabinet today gave approval for financial infusion into Hindustan Fertilizers Corporation Ltd which owns the defunct plant.
The financial restructuring plan includes waiving off Union Government loan of Rs 1,916 crore to HFCL and accumulated interest thereon of Rs 7,163 crore, according to an official statement.
The Cabinet also approved transfer of 56 acres of Ash Dyke land of Barauni unit to Bihar State Power Generation Company Limited (BSPGCL) to settle dues of HFCL.
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This election is fight to protect constitution & democracy: Kharge

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Vice Admiral Dinesh Kumar Tripathi to be next Navy Chief

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New Delhi, Apr 19 (UNI) The government has appointed Vice Admiral Dinesh Kumar Tripathi, PVSM, AVSM, NM, presently serving as the Vice Chief of the Naval Staff, as the next Chief of the Naval Staff, a Defence Ministry statement said on Friday.

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