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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.

M.V. Rajasekhar appointed as Director (Minning & Construction Business),BEML Ltd.

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M.V. Rajasekhar has been appointed to the post of Director (Minning & Construction Business) in BEML Ltd. for a period of five years. He...

Govt. to sell 15% stake in HAL via OFS on August 27-28

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The state-run aerospace and defence company, Hindustan Aeronautics Limited (HAL) is the next stop for the Modi Govt., in its bid to raise funds...

Rajneesh Narain selected as Director(Finance), NCL

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Rajneesh Narain has been selected for the post of Director(Finance), Northern Coalfields Ltd. (NCL) at Public Enterprises Selection Board (PESB) meeting held on...

Atul Gupta appointed as Director(Commercial), Engineers India Limited

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Atul Gupta has been appointed as Director (Commercial), Engineers India Limited (EIL) for a period of five years. According to an order issued by...

BHEL Committed to AatmaNirbhar Bharat – Awarded order for Main Guns of Frontline Ships

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In a major boost to Defence Production under the ‘Make in India’ initiative and to achieve self-reliance in the critical field of Defence equipment,...

Anurag Sharma appointed as Director (Onshore), ONGC

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Anurag Sharma has been appointed to the post of Director (Onshore), Oil & Natural Gas Corporation Limited (ONGC), with effect from the date...

PESB fails to find suitable candidate for Director (Fin.), Shipping Corporation of India

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The Public Enterprises Selection Board (PESB) has failed to find suitable candidate for the post of Director (Fin.), Shipping Corporation of India at...

Bharat Petroleum bags FICCI award for sustainability in the petrochemical sector

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Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company bagged prestigious award from Federation of Indian Chambers of Commerce &...

RBI caps tenure of bank MD and CEOs to 15 yrs

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In a major reform step, the Reserve Bank of India (RBI) has capped the tenure of bank MD and CEOs with immediate effect.In a...

NALCO declares record 115% dividend for FY 2018-19

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Aluminium major National Aluminium Company Limited (NALCO), a Navratna PSU under the Ministry of Mines, has declared a record 115 percent dividend payout amounting...

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