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PSEs adopt Bloomberg's FXGO platform
July 2017
Bloomberg announcedthat a growing number of India's public sector corporations are adopting Bloomberg's Foreign Exchange electronic trading platform (FXGO) for foreign exchange dealing. The corporations include GAIL, REC and ONGC Videsh Ltd - whose corporate treasury desks are using Bloomberg FXGO to analyse trade ideas, request quotes, execute, and perform post trade analysis, all on a single electronic platform.
Power 20:20 | Best selling power company in generation equipment - BHEL
September 2016
Bharat Heavy Electricals Limited (BHEL) is owned by the Government of India. Established in 1964, BHEL is India´s largest power plant equipment manufacturer. The company has been earning profits continuously since 1971-72 and paying dividends uninterruptedly since 1976-77.
India is getting recognition in international market
July 2016
We have together brought in a new confidence in the ministry. For example, once, I happened to meet the E&P sector stakeholders. A person said that he was one of the beneficiaries from us.
Our aim is to make all sick PSEs profitable
August 2015
Under the strong leadership of Prime Minister Narendra Modi, I got the opportunity to head the Heavy Industries Ministry in which BHEL comes under my purview. If you analyse BHEL´s financial progress in the past two-three years, the company has been under tremendous pressure, mainly due to the coal scam that shook India.
Solving India´s Energy Woes
August 2015
The Government of India´s (GoI) current measures are directed towards bailing out existing investments in the power sector, with increased coal output from CIL and e-auction from coal blocks going towards providing fuel to existing power plants.
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