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Stay updated with the latest PSU news in India. This section covers CMD and chairman appointments, leadership changes and updates from major public sector undertakings and public sector banks.

Oil sector PSUs to set up InvITs for asset monetisation

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After power, the country's oil sector PSUs would now float an infrastructure investment trust (InvIT) as part of the asset monetisation exercise announced by...

PESB finds no suitable candidate for AAI Member (Operations)

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The Public Enterprises Selection Board (PESB) has not found any suitable candidate for the post of Member (Operations) in the Airports Authority of India...

REC Ltd records its highest ever first quarter profit at ₹ 2,961 Cr

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The Board of Directors of REC Limited on Wednesday (26.07.2023) approved the unaudited standalone and consolidated financial results for the quarter ended 30th June...
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NHAI partners with Reliance Jio to roll out mobile-based highway safety alert system

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The National Highways Authority of India (NHAI) has signed a Memorandum of Understanding (MoU) with Reliance Jio to introduce a telecom-driven safety alert system...

Vinay Ranjan appointed as Director (Personnel & Industrial Relations), CIL

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Vinay Ranjan has been appointed to the post of Director (Personnel & Industrial Relations), Coal India Limited (CIL) for a period of five years....

PESB Recommends Nagesh Das Pai for Director (Corporate Planning), Goa Shipyard

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The Public Enterprises Selection Board (PESB) has recommended Nagesh Das Pai for the post of Director (Corporate Planning, Project & Business Development), Goa Shipyard...

HAL may bag Light Combat Helicopter Orders, says MD

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Hindustan Aeronautics Limited (HAL) Chairman and Managing Director (CMD) R. Madhvan claimed confidence of bagging 15 limited series production of Light Combat Helicopter (LCH)...

Shrikant Walgad gets addl. charge of CVO, Directorate of Ordinance (Coordination & Services), Kanpur

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Shrikant Walgad (IAS:1991:HY), CVO, Bharat Electronics Limited (BEL), Bengaluru, has been given additional charge of the post of CVO, Directorate of Ordinance (Coordination &...
Ashwini Kumar Tewari SBI MD

Ashwini Kumar Tewari re-appointed as SBI Managing Director

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The central government on Wednesday (December 17, 2025) re-appointed Ashwini Kumar Tewari as Managing Director of the State Bank of India (SBI). His present...

Ramesh Babu V appointed as Director (Operations), National Thermal Power Corporation Limited

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Ramesh Babu V has been appointed to the post of Director (Operations), National Thermal Power Corporation Limited till the date of his retirement i.e....

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