PSUs News

Sick PSUs closure have gone 'very well', says Arvind Panagariya

Arvind Panagariya was often outspoken on issues including labour reforms, privatisation of Air India and sick PSUs, for which RSS-affiliate Bharatiya Mazdoor Sangh (BMS) had accused Niti Aayog of furthering corporate lobby's agenda in the country.

Three Years of Modi Government: 9 PSUs held 30 events, total expense Rs 15 crore

Out of the 30 events in Gujarat, 18 were hosted by PSUs in the petroleum & natural gas sector and four in power.


CAG report: ‘PSUs suffered loss of 352%’

The latest CAG report for the 2014-2015 financial year said that the loss incurred by working PSUs in Uttar Pradesh have increased by 351.82 per cent in a span of last four years.

Lawyers turn violent, attack media, JNU faculty at court: Here's the latest news today

From the government's reaction to the JNU protests to a fire at a Make in India event in Mumbai: Here's the latest news this Monday morning.

Govt asks ministries to stop conducting interviews for junior posts

From January 1, 2016, there will be no recruitment with interview at the junior level posts in government of India ministries, departments, attached and subordinate offices, autonomous bodies and PSUs.

Public sector banks with Private sector CEOs: Will it work?

The plan to hire laterally at the mid-level is partly fueled by the government’s wish to professionalise state run lenders and improve their efficiency.


Govt sits on files: 106 vacancies in 32 PSUs for independent directors

The absence of independent directors on PSU boards raises questions of corporate governance and poses a challenge for the government’s target of raising Rs 41,000 crore.

Govt to offer VRS to 2,800 employees in 5 sick PSUs

Move will free assets worth `22,000 crore

Coal block allotment leading to inequitable sharing: Orissa

Though the state was eyeing the Naini coal block it was given to Telangana government two days ago.

Divestment in 4 PSUs likely to yield Rs 22,547 cr: Jayant Sinha

The government has set a disinvestment revenue target of Rs 69,500 crore in FY16.