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Since its development on 9 June 2008, IEX had recorded 37.4 million transactions, the same month that electricity prices on the exchange hit a record low 13 paisa/KWh. In November 2009, IEX won Best E-Enabled Customer Platform at the second annual India Power Awards for developing what was described as "a robust platform for energy trading. [5]
1948 Hindustan 10. Hindustan Motors Limited (HML) was India's pioneering automobile manufacturing company. It was established just before the Indian Independence Act 1947, in 1942 by B. M. Birla of the industrialist Birla family in collaboration with Lord Nuffield of Morris Motors, who were already selling their cars in India.
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange with highest number of companies (5,246 (as of 8th February 2022)) which is located on Dalal Street. [8] Established with the efforts of cotton merchant Premchand Roychand in 1875, [ 9 ] [ 10 ] it is the oldest stock exchange in Asia , [ 11 ] and also the ...
The Power Grid Corporation of India Limited was incorporated on 23 October 1989 [5] under the Companies Act, 1956 with an authorized share capital of Rs. 5,000 Crore (subsequently enhanced to Rs. 10,000 Crore in Financial Year (FY) 2007–08) as a public limited company, wholly owned by the Government of India with 51.34% stake in the company as on 31 December 2020 and as principal electric ...
Cleaner cars were also introduced, with several new models meeting the new Bharat Stage III emission standards. [26] In February 2012, Maruti Suzuki sold its ten millionth vehicle in India. [24] In July 2014 it had a market share of more than 45%. [27] In May 2015, the company produced its fifteen millionth vehicle in India, a Swift Dzire. [28]
It is also an ISO 9001:2000 certified company [4] and enjoys the status of Maharatna PSU in India. On 6 December 2018, the Government of India approved PFC's takeover of REC . [ 5 ] The acquisition transaction was completed on 28 March 2019 with PFC paying almost Rs. 145 million to the government of India for the 52.63% stake.
Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments.These type of firms can also be a joint venture of multiple PSUs. These entities perform commercial functions on behalf of the government.
Chart of S&P BSE SENSEX monthly data from January 1991 to May 2013. The following is a timeline on the rise of the SENSEX through Indian stock market history. 1000, 25 July 1990 – On 25 July 1990, the SENSEX touched the four-digit figure for the first time and closed at 1,001 in the wake of a good monsoon and excellent corporate results.