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Indian Oil, ONGC, Coal India most profitable CPSEs

New Delhi, Mar 13 (UNI) Indian Oil Corporation Ltd, Oil and Natural Gas Corporation (ONGC) and Coal India Ltd have emerged as the most profitable Central Public Sector Enterprises (CPSEs) for FY-2017, a government survey tabled in Parliament on Tuesday said.
These top three CPSEs contributed 19.69 percent, 18.45 percent and 14.94 percent, respectively, to the total profit earned by the top ten profit making CPSEs during 2016-17.
The Public Enterprises Survey 2016-17, which mapped the performance of central public sector units (CPSEs), showed that the top ten loss-making state-owned firms accounted for a whopping 83.82 percent of the total losses made by 82 loss-making CPSEs during the year.
The survey said Bharat Sanchar Nigam Limited (BSNL), Air India and Mahanagr Telephone Nigam Limited (MTNL) incurred the highest losses during the fiscal year 2017.
BSNL, Air India and MTNL incurred 55.66 percent of the total losses suffered by the top ten loss-making CPSEs in 2016-17.
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Number of air travelers balloons for 11 months in row; touches 10 mln mark

24 Sep 2018 | 7:48 PM

(Rptg, correcting typo in para 3, line 2)
New Delhi, Sep 24 (UNI) Amidst stiff competition between airline companies and the arrival of new cities on the aviation map, the number of air travelers across the country has crossed 10 million mark in August for the 11th consecutive month.

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Aegis school of telecom encourages innovation

24 Sep 2018 | 7:12 PM

New Delhi, Sep 24 (UNI) Telecom and mobile innovators from across the country and abroad will vie for the prestigious ‘Aegis Graham Bell Award’ to be given for their innovations in January next year.

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Ajit Mohan new MD, VP of Facebook India

Ajit Mohan new MD, VP of Facebook India

24 Sep 2018 | 7:03 PM

New Delhi, Sep 24 (UNI) Social Media app Facebook on Monday appointed Ajit Mohan, as Managing Director and Vice-President of the Facebook India.

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Number of air travelers balloons for 11 months in row; touches 10 mln mark

24 Sep 2018 | 6:42 PM

New Delhi, Sep 24 (UNI) Amidst stiff competition between airline companies and the arrival of new cities on the aviation map, the number of air travelers across the country has crossed 10 million mark in August for the 11th consecutive month.

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SpiceJet launches 4 new flights; opens direct flight between Delhi-Shirdi

24 Sep 2018 | 6:34 PM

Gurugram, Sep 24 (UNI) Private airline SpiceJet on Monday launched flight between Delhi and Shirdi and three new direct flights from Maharashtra.

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