Topic: PSUs
Government to come out with list of strategic sectors
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...
Abhay Kumar Singh appointed as Chairman & Managing Director of NHPC Limited
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...
Public Enterprises Survey: Air India, MTNL, BSNL highest loss makings PSUs in FY19
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...
High-Level Committee submits recommendations on Crude Oil Imports
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...
HAL becomes first PSU to transact on TReDS Platform
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...
Cabinet approves strengthening commercial disputes resolution mechanism of CPSEs
Union Cabinet has approved strengthening commercial disputes resolution mechanism of Central Public Sector Enterprises (CPSEs) inter se and also between CPSEs and other Government Departments and Organizations. The...
Government announces PM's Shram Awards for 2016 to 50 workers
The Ministry of Labour & Employment has announced Prime Minister’s Shram Awards for the year 2016 to be awarded to 50 workers including 3 women employed in Departmental...
DCI and NHAI ink MoU to facilitate supply of sand for highways construction work
Dredging Corporation of India (DCI) and National Highways Authority of India (NHAI) have signed a MoU for facilitating the supply of sand for highways construction work. The MoU...
Government shifts disinvestment advising role to Department of Economic Affairs
The Union Government has transferred the advising role of Department of Investment and Public Asset Management (DIPAM) on utilisation of the proceeds from disinvestment to the Department of...
CCEA approves listing of five general insurance PSUs at the stock exchanges
The Cabinet Committee on Economic Affairs (CCEA) has given its ‘in principle’ approval for listing the five Public Sector General Insurance Companies (2016-17) owned General Insurance Companies in...
Union Government gives in-principle approval for strategic sale in some PSUs
The Union Cabinet has given its in-principle approval for strategic sale of over a dozen public sector undertakings (PSUs). This decision was taken based on the recommendation of... 