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companies name

Housing and Urban Development Corporation Limited (HUDCO)

Housing and Urban Development Corporation Limited (HUDCO) is a Miniratna PSU under the Ministry of Housing and Urban Affairs (MoHUA). It is the premier techno-financing PSE, in the field of housing and infrastructure development in the country. HUDCO started financing the development of infrastructures in 1989. The priority was given for infrastructure facilities, including projects in the sectors of drainage, electricity, water supply, sewerage, solid waste management and roads in urban areas. Later, social infrastructure components like primary schools and playgrounds, hostels for working women, healthcare centres, police stations and jails, courts received the benefit of funding for a low cost.

Housing and Urban Development Corporation Limited (HUDCO) News

Kamran Rizvi (IAS) gets another extension as CMD of HUDCO

MoHUA Additional Secretary Kamran Rizvi (IAS), who holds an additional charge as CMD of HUDCO, has been given another tenure extension on his additional charge for a period of six months....

HUDCO announces the appointment of Independent Directors on its Board

MoHUA has approved the appointment of three Independent Directors on the Board of Housing and Urban Development Corporation Limited (HUDCO)....

HUDCO pays final dividend of Rs 174.23 crore to the Govt for FY21

PSU under the Ministry of Housing & Urban Affairs (MoHUA) HUDCO has paid a final dividend of Rs 174.23 crore to the government for the financial year 2020-21 (FY2020-21)....

HUDCO OFS subscribed 1.96 times on Day 1; govt to exercise green shoe option

On the opening day, the OFS of HUDCO received a good response from investors, prompting the government to exercise the green shoe option....

PSU Disinvestment: Govt announces sale of 8% stake in HUDCO via OFS

Continuing aggressive sale of stake in PSUs the Govt has announced to sell up to 8% stake (including green shoe option) in the state-run HUDCO via an offer for sale (OFS) on July 27-28....

Kamran Rizvi (IAS) gets tenure extension as CMD of HUDCO

MoHUA Additional Secretary Kamran Rizvi (IAS), who holds an additional charge as CMD of HUDCO, has been given a tenure extension for a period of six months ....

Here is what HUDCO doing to keep its employees safe from COVID-19

In view of the spike of infection, flexible working hours, as well as work from home has been introduced by HUDCO management to reduce the footfall in the office and contain the spread of COVID-19 ....

PSU Dividend: HUDCO declares interim dividend for the Financial Year 2020-21

The Board of directors of HUDCO have approved the payment of interim dividend at 7.5%, Rs 0.75 per equity share of Rs10/- each for the financial year 2020-21 ....

HUDCO organises DoPT training for All India Service Officers

HUDCO’s training programme is designed to address key issues in financing urban infrastructure and impart necessary skills for successful execution of such projects ....

These PSUs made it to Fortune 500 list 2020 of Indian companies

Indian Oil has been ranked no 2 in the Fortune 500 list 2020 of Indian companies followed by Oil & Natural Gas Corporation (ONGC), State Bank of India (SBI), and BPCL (Bharat Petroleum) in the top ten list ....

MoHUA's Additional Secretary Kamran Rizvi (IAS) assumes charge as CMD of HUDCO

Ministry of Home Affairs (MoHUA)'s Additional Secretary Kamran Rizvi (IAS) has been given additional charge of Chairman & Managing Director (CMD) of HUDCO ....

HUDCO pays highest ever dividend of Rs 620.59 crore for FY'20

HUDCO also paid a dividend of Rs 128.65 crore to the Ministry of Rural Development, and Rs 63.26 core to public shareholders ....