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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.

Padmanabhan Raja Jaishankar appointed as MD, IIFCL

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Padmanabhan Raja Jaishankar was on Wednesday appointed to the post of Managing Director, India Infrastructure Finance Company Ltd. (IIFCL) for a period of three...

Bharathan S selected as Director(Refineries), HPCL

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Bharathan S has been selected for the post of Director(Refineries), Hindustan Petroleum Corporation Limited (HPCL) at a Public Enterprises Selection Board (PESB) meeting held...

Parag Verma appointed as Director (Work), IRCON International Limited

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Parag Verma has been appointed to the post of Director (Works), IRCON International Limited. According to an order issued by the Department of Personnel...

Swapnendu Kumar Panda selected as Director (Planning & Project), NLC India Limited

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Swapnendu Kumar Panda has been selected as Director (Planning & Project), NLC India Limited at a Public Enterprises Selection Board (PESB) meeting held on...

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...

Amit Banerjee selected as Director (Rail & Metro Business), BEML Limited

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Amit Banerjee, Executive Director, BEML Limited, has been selected for the post of Director (Rail & Metro Business), BEML Limited at a...

RECPDCL hands over Bellary Davanagere Power Transmission SPV to PowerGrid

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REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power,...

Rajiv Agarwal selected as Director(Technical), Engineers India Ltd.

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Rajiv Agarwal has been selected for the post of Director(Technical), Engineers India Ltd. (EIL) at a Public Enterprises Selection Board (PESB) meeting held on...

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...

Rajiv Kumar selected as Director(Finance), BSNL

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Rajiv Kumar is set to be new Director(Finance) at Bharat Sanchar Nigam Limited (BSNL). Kumar's name has been recommended by a Public Enterprises Selection...

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