Green Power International Wins 384 TKM Rail Electrification Deal
Nippon Paint India Outlines India-First Growth Strategy
Nippon Paint India, part of the NIPSEA Group and a subsidiary of Nippon Paint Holdings, has recently announced a focused India-centric growth strategy under its new Managing Director, Sharad Malhotra. This marks the company’s first detailed articulation of its India plans following the leadership transition.The strategy centres on strengthening an India-focused operating model, accelerating pan-India market expansion through a unified approach, and pursuing selective inorganic growth to reinforce the company’s portfolio. With seven manufacturing plants across the country and deep technical..
HNGIL Appoints Loknath Sahoo as Finance Controller
Hindusthan National Glass & Industries Limited (HNGIL), India’s largest container glass manufacturer, has announced the appointment of Loknath Sahoo as Finance Controller, effective immediately. The appointment follows HNGIL’s acquisition by Independent Sugar Corporation Limited (INSCO), part of the Madhvani Group, in September 2025.Loknath Sahoo brings over two decades of experience in financial management and business strategy across multinational manufacturing organisations, including Tyco, Caterpillar, 3M and Otis. In his new role, he will oversee finance operations, drive strategi..
REC Secures ‘Excellent’ MoU Rating for Third Straight Year
REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading NBFC, has achieved an ‘Excellent’ MoU rating for the financial year 2024–25. The Memorandum of Understanding was signed with its holding company, Power Finance Corporation Limited, and the rating was awarded by the Department of Public Enterprises (DPE), Ministry of Finance, in line with prescribed guidelines. This marks REC’s third consecutive year of securing the top MoU rating.The MoU framework, instituted by the Government of India, evaluates the performance of Central Public Sector ..

