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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.

Centre notifies appointment of new Chief Justices for Allahabad, Chhattisgarh and Patna High Courts

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The Union government on Friday (24.03.2-23) cleared the appointment of new Chief Justices to Allahabad, Chhattisgarh and Patna High Courts.The new Chief Justices are:Justice...

Appointment reforms to overhaul PSUs Top brass

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The Modi government is all set to overhaul the appointments of public sector chiefs and functional directors. In its efforts to expand the talent...

POWERGRID posts Profit After Tax (PAT) of ₹3,117 crore for Q2FY21

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Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, GoI and the ‘Central Transmission Utility (CTU)’ of the country,...

Arun Kumar Singh selected as Director (Projects), RITES Limited

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Arun Kumar Singh has been selected for the post of Director (Projects), RITES Limited at Public Enterprises Selection Board (PESB) meeting held on May...

FSIB recommends Rajkiran Rai G as MD of NaBFID

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The Financial Services Institutions Bureau (FSIB) on Wednesday (13.07.2022) recommended the former Managing Director of Union Bank of India Rajkiran Rai G for the...

Shantanu Bose selected as Director (Shipbuilding), Garden Reach Shipbuilders & Engineers Ltd.

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Shantanu Bose has been selected for the post of Director (Shipbuilding), Garden Reach Shipbuilders & Engineers Ltd. (GRSE) at a Public Enterprises Selection Board...

S Ramesh appointed as MD, BPRT

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S Ramesh was on Monday (06.09.2021) appointed to the post of Managing Director, Bharat Petro Resources Limited (BPRT) till the date of his...

Air India facing a very challenging financial situation: Hardeep Puri

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While replying to Rajya Sabha MP Vinoy Viswan, in a letter, the Civil Aviation Minister Hardeep Puri clarified on Air India’s financial condition and...

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...

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