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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.

Anshul Bhargava appointed as Director (HR), POSOCO Ltd.

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Anshul Bhargava has been appointed to the post of Director (Human Resource), POSOCO Limited for a period of five years. Presently, he is working...

14 Executive Directors appointed in various Public Sector Banks

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The Appointments Committee of the Cabinet (ACC) on Tuesday approved the elevation of 14 Chief General Managers/General Managers to the post of Executive Director...

Pradosh Kumar Basu appointed as Director (Fin), NALCO

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Pradosh Kumar Basu has been appointed to the post of Director (Finance) in National Aluminium Company Limited (NALCO) for a period of five years....

Anjan Dey appointed as CMD, OICL

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Anjan Dey has been appointed as Chairman-cum-Managing Director (CMD) in the Oriental Insurance Company Limited (OICL). Presently, he is serving as General Manager in...

Government to begin privatisation with profit-making PSUs: Report

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The profit-making state-run companies will be first to undergo privatisation than to previously announced strategy of focusing on loss-making units, sources from Business Standard...

NMDC achieves best ever production and sales in February

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The National Mineral Development Corporation (NMDC) has witnessed best ever performance in production and sales during February.Iron ore production for the month stands at...

HUDCO organises DoPT training for All India Service Officers

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Durga Shanker Mishra, Secretary, Ministry of Housing & Urban Affairs inaugurated a week-long in-service training programme- ‘Financing Urban Infrastructure and Services in India’, for...

CPSE’s employees may face salary cut; Revised pay matrix soon

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If a public sector company fails to meet certain targets like m-cap, return on capital, asset-turnover ratio and Capex and production targets, its employees...

IREL CMD D Singh elected as Chairman of CAPEXIL, Western Region

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D Singh, Chairman of IREL (India) Limited, is unanimously elected as regional Chairman for Western Region of Chemical & Allied Products Export Promotion Council...

REC Limited conferred the ‘CSR Shining Star Award’

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REC Limited was conferred the ‘CSR Shining Star Award’ for its endeavors in the field of “Women Empowerment”. The CSR Shining Star Awards instituted...

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