Topic: PSU
Cabinet Approval: Capital Infusion in three public sector Units OICL, UIICL and NICL
On February 12, 2020, the Union Cabinet approved on capital infusion in three Public Sector Units namely United India Insurance Company (UIICL), Oriental Insurance Company Limited (OICL) and...
2020 observed as Year of Mobility by CISF
The CISF observes 2020 as the “Year of Mobility” for the welfare of the troops. It will focus on construction of residential units and implementation of welfare measures....
BPCL to construct new floating terminal for FLNG
India’s second-biggest public sector oil refining and hydrocarbon marketing company, the Bharat Petroleum Corporation Limited (BPCL), is investing heavily in the development of the gas business. BPCL anticipates...
Job Redundancy
Where an employee loses their job due to any circumstances such as the closure of the business, downsizing of output or a staff is being downsized due to...
ONGC overtakes India Oil Corp as Most Profitable PSU
The Oil and Natural Gas Corporation (ONGC) overtook India Oil Corporation (IOC) by regaining crown of being India’s most profitable Public Sector Undertakings (PSU). Key Highlights In the...
High level Committee Recommends to Reduce Import Dependency of Crude
The High-Level Committee constituted to examine the issues relating to the preparation of action plan to create synergy among R&D Centres of Oil & Gas PSUs; tax issues...
Proceeds from Disinvestments exceeds Target
The proceeds from the disinvestments have exceeded the disinvestment target for the fiscal 2018-19 by Rs 5,000 crore taking the total proceeds to Rs 85,000 crore against the...
