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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.

Alok Sharma selected as Director (Research & Development), Indian Oil Corporation

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Alok Sharma has been selected for the role of Director (Research & Development) at the Indian Oil Corporation Ltd. (IOCL), following a meeting of...

Rakesh Shrivastava gets two years extension as CVO, Mumbai Port Authority

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Rakesh Shrivastava (ITS:1997) will continue to serve as the Chief Vigilance Officer (CVO) of the Mumbai Port Authority (MbPA), Mumbai, for an additional two...

REC secures USD 1.15 Billion via Syndicated Term Loans in August 2023

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REC Limited, the distinguished Maharatna Central Public Sector Enterprise operating under the Ministry of Power, accomplished a remarkable feat in August 2023 by securing...

FSIB recommends Vinay M Tonse for the post of SBI Managing Director

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The Financial Services Institutions Bureau (FSIB) on September 4 announced its recommendation for the appointment of Vinay M Tonse as the Managing Director of...

Manoj Kumar Dubey gets five-year extension as Director (Finance), CONCOR

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The Center has granted a five-year extension to the tenure of Manoj Kumar Dubey (IRAS:1993), who serves as the Director (Finance) at Container Corporation...

Sanjay Swarup appointed as CMD, CONCOR

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Sanjay Swarup, who presently serves as the Director (IM&O) at Container Corporation of India Limited (CONCOR), has been selected as the incoming Chairman &...

Govt grants Navratna status to RCF

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The central government has granted approval for the conferral of Navratna status upon Rashtriya Chemicals and Fertilizers Limited (RCF). In an announcement made on...

REC Limited appoints IAS officer Shashank Misra as Nominee Director

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Senior IAS officer Shashank Misra (IAS:2007:MP), currently serving as Joint Secretary in the Ministry of Power (MoP), has been appointed as Government Nominee Director...

Modi govt explores extending retirement age for PSB Heads, MDs and LIC Head

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The Modi government is contemplating the possibility of extending the retirement age for top positions within public sector banks (PSBs) and the Life Insurance...

IREDA signs Performance-Focused MoU with Government, Revenue Target at ₹ 4,350 crores

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The Indian Renewable Energy Development Agency (IREDA) has entered into a performance-oriented Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy...

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