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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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NOC not needed for export consignments: CDSCO

21 Mar 2018 | 8:03 PM

Hyderabad, Mar 21 (UNI) Central Drugs Standard Control Organisation (CDSCO), Ministry of Health and Family Welfare, Government of India has issued an order on Wednesday notifying that No Objection Certificate (NOC) for export consignments to any country shall not be insisted, if such shipping bills are filed by the manufacturer himself, having valid license under Drugs and Cosmetics Act & Rules
In order to ensure an enabling environment for industrial growth the State Government will
champion cause of the industry with Government of India said Industry Minister KT Rama Rao during BioAsia 2018.

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CBDT invites suggestions, feedback for drafting of new Direct Tax Law

21 Mar 2018 | 7:44 PM

New Delhi, Mar 21 (UNI) Central Board of Direct Taxes (CBDT) has invited suggestions and feedback from stakeholders and general public in the format provided on the departmental website for the drafting of the new Direct Tax Law.

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HCE Medical Group, UK enters India by opening its facility in Hyderabad

21 Mar 2018 | 7:11 PM

Hyderabad, Mar 21 (UNI) HCE Medical Group, UK has entered into India by opening its facility HCE Medical India Limited at Madhapur, here on Wednesday.

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MRPL organises 38th Inter Unit PSPB Bridge Tournament

21 Mar 2018 | 6:56 PM

New Delhi/Mangaluru, Mar 21 (UNI) The 38th Inter Unit PSPB Bridge Tournament, organised by Mangalore Refinery & Petrochemicals Ltd, was launched on Wednesday at MRPL Employees Club.

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Consumer electronic brand Thomson to re-enter Indian Market

21 Mar 2018 | 6:29 PM

New Delhi, Mar 21 (UNI) Europe's leading electronic and home appliances brand Thomson is planning to make a come-back to India through the e-Commerce market space.

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