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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.

Ashok Maheshwari given extension of addl. charge as CVO, SIL, Lucknow

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Ashok Maheshwari (ITS:1994) will continue to hold additional charge of CVO, Scooters India Limited (SIL), Lucknow for a perid beyond September 13, 2019 till...

SAIL records more than 31% growth in sales in Q2

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The Steel Authority of India Limited (SAIL) has registered a 31.3 per cent growth in sales during the July-September quarter as economic activity picked...

Powergrid to acquire 74 per cent stake in JPL

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Transmission utility Power Grid Corporation of India Ltd (Powergrid) is set to acquire 74 per cent stake in Jaypee Powergrid Ltd-JV (JPL) for an...

JNPT records 9% YoY container growth in Jan 2021 with 465,084 TEUs

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Jawaharlal Nehru Port Trust (JNPT), India’s premier container port, handled 465,084, twenty-foot equivalent units (TEUs) in January, clocking a growth of 9.14% percent over...
REC PFC MERGER

REC–PFC merger gets in-principle nod; merged entity to remain Government Company

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The Boards of REC Limited and Power Finance Corporation (PFC) have accorded in-principle approval to move ahead with a proposed merger of the two...

NTPC installed capacity reaches 64,075 MW

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NTPC Ltd, India’s largest energy integrated company, crossed 64,000 MW of installed capacity.The company commenced commercial operations for the Kameng Hydro-Electric Project, a part...

HPCL commissioned new LPG Master Godown at Leh, Ladakh UT

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HPCL commissioned a new LPG Master Godown at Phey Village in Leh, under Ladakh UT situated at an altitude of 11,562 ft. The facility...

RailTel posts Consolidated Income of Rs 381 Crore in Q2 of FY 21-22, Co’s...

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In its 126th board meeting held on 11.11.2021 RailTel announced consolidated income of Rs 381 Crore in the Q2 of FY 21-22 thereby registering...

Jai Prakash Dwivedi appointed as Director (Technical), Western Coalfields Limited

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Jai Prakash Dwivedi was on Friday (04.02.2022) appointed as Director (Technical), Western Coalfields Limited (WCL). According to an order issued by the Department of...

CCEA nod for demerger of NMDC’s Nagarnar unit

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The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave “in-principle” approval to the demerger of Chhattisgarh-based Nagarnar Steel Plant (NSP) from National Minerals...

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