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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.

ONGC Q4 Results : Net profit jumps 31% on high oil, gas prices

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State-owned Oil and Natural Gas Corporation (ONGC) on Saturday reported a 31.5 percent jump in its March quarter net profit as it got the...

PFC Q4 net profit rises nearly 10% to Rs 4,295 crore on higher revenues

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State-owned Power Finance Corporation (PFC) on Wednesday posted a nearly 10 per cent rise in the consolidated net profit at Rs 4,295.90 crore in...

NALCO Q4 profit rises 9.5% to Rs 1,025 crore on account of higher income

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On Wednesday, National Aluminium Company Ltd (NALCO) reported a 9.5 percent rise in consolidated profit at Rs 1,025.46 crore for the quarter ended March...

SAIL declares financial results for FY’22, Revenue crosses Rupees One Lakh Crore; achieves best...

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Steel Authority of India Limited (SAIL) has declared its financial results today for the quarter and year ending 31st March, 2022 (FY’22). During FY’22,...

Manish Kumar selected as Director (Personnel), Northern Coalfields Ltd

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Manish Kumar has been selected for the post of Director(Personnel), Northern Coalfields Ltd. (NCL) at Public Enterprises Selection Board (PESB) meeting held on May...

Vivek Kumar Dewangan assumes charge of CMD, REC

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Senior IAS officer Vivek Kumar Dewangan (IAS:1993:MN) has assumed charge as CMD of state-owned REC Limited. Earlier, he was posted as Additional Secretary in...

Cabinet Empowers Boards of PSEs to Decide on Closure, Divestment of Units/Subsidiaries

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The Cabinet on Wednesday empowered boards of state-owned companies to decide on the closure and divestment of units/subsidiaries. Presently, the Board of Directors of...

ACC clears appointment of CVOs in seven PSUs

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The Appointments Committee of the Cabinet (ACC) on Friday (13.05.2022) approved the appointment of Chief Vigilance Officers (CVOs) in seven Public Sector Undertakings (PSUs).They...

Ashok Das selected as Director (Human Resources), Oil India Ltd

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Ashok Das has been selected for the post of Director (Human Resources), Oil India Ltd. (OIL) Public Enterprises Selection Board (PESB) meeting held on...

Dr. D K Sunil selected as Director (Engineering and R&D), Hindustan Aeronautics Limited

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Dr. D K Sunil has been selected for the post of Director (Engineering and R&D), Hindustan Aeronautics Limited (HAL) at Public Enterprises Selection Board...

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