Maharatna Status Current Affairs, GK & News

Maharatna Status

Public Sector Undertakings (PSUs) can receive Maharatna Status from the Government of India depending on their success. The Maharatna status is given by the Department of Public Enterprises which falls under the ambit of the Ministry of Heavy Industries & Public Enterprises. They also grant Navaratna and Miniratna status to the eligible PSUs. Maharatna Status ..

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REC Limited accorded Maharatna status

The REC Ltd. has been accorded the status of ‘Maharatna’ Central Public Sector Enterprise. Key facts The REC Ltd., is the 12th company to be given the Maharatna Status. The Maharatna status provides the state-run company’s board more power while making financial decisions. The board of a Maharatna Central Public Sector Enterprise can make equity ..