The government is coming out with a new public sector enterprises policy that is going to define the strategic sectors which will not have more than four public sector undertakings. It has been announced by the Finance Minister Nirmala Sitharaman. ..
Abhay Kumar Singh has been recently appointed as the Chairman & Managing Director of the Indian PSU, NHPC Limited. He has assumed the charge of Chairman and Managing Director of the company on February 24, 2020 and will serve till ..
On February 10, 2020, the Department of Public Enterprises operating under Ministry of Heavy Industries tabled the “Public Enterprises Survey” on the parliament. The report says that the net profit from the PSUs has increased by 15.5% as compared to ..
Corporate social responsibility (CSR) is a modern business practice. It aims to achieve a medium of self-regulation in which the company or the corporation is encouraged to be more socially accountable to the public. What is CSR? CSR is the ..
A High-Level Committee constituted by Centre has submitted its recommendations to Ministry of Petroleum and Natural Gas on bringing down India’s dependence on crude oil imports. Key Highlights Composition: The High-Level Committee constituted by the Centre consisted of Dr Anil ..
Month: Current Affairs - May, 2019
State-owned aerospace and defence manufacturer Hindustan Aeronautics (HAL) became the first public sector enterprise (PSU) to make transaction on RXIL TReDS platform. It executed its first digitised invoice discounting transaction on RXIL TReDS platform by accepting digital invoice uploaded by ..