NTPC extends tenure of Chairman & CMD Gurdeep Singh by one year
According to the company's filing to BSE and NSE dated July 18, 2025, the Ministry of Power communicated that the President of India has re-employed Gurdeep Singh (DIN: 00307037) as CMD of NTPC Limited from August 1, 2025, till July 31, 2026, or until a regular incumbent assumes charge, or further orders — whichever is earlier.
The extension comes as part of the government's decision to retain his leadership to steer the company through its ongoing strategic projects and energy transition initiatives.
NTPC stated that it is in the process of completing the statutory formalities required for the re-appointment. Further disclosures as per SEBI Listing Regulations will be submitted separately.
The decision reflects confidence in Gurdeep Singh's leadership at India's largest power producer during a crucial phase in the company's growth and diversification into renewable energy.
Ahmedabad Plane Crash
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Entrepreneur
an hour ago
- Entrepreneur
Maruti Suzuki and DPIIT Collaborate to Boost Startup Innovation in Automotive and Mobility Sectors
Under this collaboration, startups recognised by DPIIT through the Startup India initiative will gain the opportunity to take part in Maruti Suzuki's innovation programs. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Maruti Suzuki India Limited has signed a Memorandum of Understanding with the Department for Promotion of Industry and Internal Trade under the Ministry of Commerce and Industry, Government of India. This partnership aims to support and encourage technology-driven startups in the fields of automobile manufacturing and mobility. Under this collaboration, startups recognised by DPIIT through the Startup India initiative will gain the opportunity to take part in Maruti Suzuki's innovation programs. These programs are designed to offer expert guidance, industry knowledge, and access to Maruti Suzuki's infrastructure, providing a real-world environment to validate and refine their technological solutions. In addition, startups will have a platform to connect with incubators, accelerators, and investors, facilitating greater exposure and potential funding. The MoU was exchanged in the presence of senior representatives including Sanjiv, Joint Secretary, DPIIT; Anjali Bansal, Independent Director, Maruti Suzuki; Sunil Kakkar, Director, Corporate Planning, Maruti Suzuki; Rahul Bharti, Senior Executive Officer, Corporate Affairs, Maruti Suzuki; and Dr. Tapan Sahoo, Executive Officer, Digital Enterprise, Maruti Suzuki. Rahul Bharti stated, "India is home to a vibrant and growing startup ecosystem. Through this partnership with DPIIT, we will be able to further accelerate our efforts to support promising startups to create technology-led solutions in the automobile manufacturing and mobility space. This collaboration is a step forward in our commitment to the Government's Startup India and Make in India initiatives. We thank DPIIT for partnering with us in this initiative." Sanjiv, Joint Secretary at DPIIT, highlighted, "Maruti Suzuki's legacy of innovation, scale, and deep industry knowledge makes it a vital partner for India's startup ecosystem. This MoU is a step towards creating a robust platform for startups to transform ideas into market-ready mobility and manufacturing solutions, reinforcing India's leadership in next-gen industrial innovation." Md. Alam Ansari, Deputy Director, Startup India, added, "Our partnership with Maruti Suzuki reflects DPIIT's commitment to nurturing high-impact startup engagement in the mobility and manufacturing space. We look forward to enabling startups with the support they need to succeed at scale, both in India and globally." Maruti Suzuki's innovation programs include Accelerator, Incubation, Mobility Challenge, and Nurture. Over the past six years, the company has screened more than 5,200 startups, engaged around 150, and onboarded 28 as partners who have contributed tangible value.
Business Upturn
3 hours ago
- Business Upturn
Infosys Q1 Results: Raises FY26 Constant Currency Revenue Growth guidance to 1-3% from 0-1%
Infosys Limited reported its financial results for the quarter ended June 30, 2025 (Q1 FY26), showing muted growth amid weak discretionary spending and macroeconomic headwinds. The company also shared a cautious outlook for the full year FY26. Q1 FY26 Results: Revenue: ₹38,920 crore, up 0.8% QoQ from ₹38,610 crore in Q4 FY25. Net profit: ₹6,153 crore, up 3.1% QoQ from ₹5,973 crore in Q4 FY25. Operating profit: ₹7,981 crore, up slightly from ₹7,888 crore QoQ. Operating margin: 20.5% vs 20.4% QoQ — stable. Earnings per share (EPS): ₹14.66 vs ₹14.20 QoQ. While the revenue grew marginally sequentially, cost control and higher other income supported profitability. FY26 Guidance: Infosys issued a subdued outlook for FY26: Revenue growth (constant currency): 1% to 3% YoY. Operating margin: Expected to be in the range of 20%–22%. 'Q1 performance is a clear reflection of our unwavering focus on multiple fronts resulting in strong growth at 2.6% QoQ, resilient margins at 20.8% and EPS increase of 8.6% YoY. We continue to leverage Project Maximus to make investments in strategic priorities to drive profitable growth and enhance shareholder value', said Jayesh Sanghrajka, CFO. 'Cash flow conversion was well above 100% for the fifth consecutive quarter. The impact of currency volatility was effectively managed through our proactive hedging strategy', he added. Infosys added that it remains confident about its long-term digital transformation opportunities and will continue to invest in capability building and client partnerships. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
3 hours ago
- Business Upturn
Maruti Suzuki introduces 6 airbags in XL6, prices hiked by up to 0.8%
By Aditya Bhagchandani Published on July 23, 2025, 15:21 IST Maruti Suzuki India Limited (MSIL) has announced the introduction of 6 airbags in its XL6 model, enhancing the vehicle's safety features. The announcement was made through a regulatory filing on July 23, 2025. According to the company, this safety upgrade has led to an increase in the ex-showroom price of the XL6 by up to 0.8%, effective immediately from July 23. The company has communicated this price revision and the introduction of airbags to both the BSE and the National Stock Exchange. Sanjeev Grover, Executive Officer & Company Secretary at MSIL, signed off the notice, informing stock exchanges and stakeholders about the development and requesting them to take it on record. The XL6 is part of Maruti Suzuki's premium offering in the MPV segment, and this update aligns with growing consumer demand for higher safety standards in vehicles sold in India. This enhancement underscores Maruti Suzuki's ongoing efforts to improve the safety of its vehicles while maintaining competitive pricing. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
