PSU

NTPC to produce coal for its plants

 National Thermal Power Corporation Limited (NTPC), country’s largest state-owned power generating company, is all set to commence coal mining. It has successfully exposed a seam in its first coal mine, Pakri Barwadih located

Posts of directors, CMDs lie vacant in CPSEs

 As many as 13 board-level posts in various Central Public Sector Enterprises (CPSEs) are lying vacant since May, 2014, minister of state for heavy industries and public enterprises Babul Supriyo said in a written reply to a question in the R

No plan to delist sick CPSEs

 The department of public enterprises, ministry of heavy industries and public enterprises has clarified that it has not issued any guidelines regarding the delisting of loss-making and sick Central Public Sector Enterprises (CPSEs), union mi

SAIL’s net loss declines to Rs 730 cr

Country’s largest steelmaker-- Steel Authority of India Limited (SAIL) on Thursday claimed of registering slump in standalone net loss at Rs 730.72 crore for the quarter ended September 30, helped by a strong marketing push and cost optimisa

Aadhaar-based rail reservation mandatory for senior citizens

 Railways reservation for senior citizens will be directly linked to Aadhaar or Unique Identification (UID) cards on a mandatory basis for both counter and e-tickets from April 1, 2017.  The railway ministry has decided to impl

IRCTC inks MoU with Mizoram to promote tourism

 Indian Railway Catering and Tourism Corporation (IRCTC) and the Mizoram government have signed a Memorandum of Understanding (MoU), which seeks to provide a range of hospitality and tourism services to tourists visiting the state.

PSUs to invest Rs 3 lakh crore in hydrocarbon sector: Official

The government expects foreign direct investment in the hydrocarbon sector to pick up, said Department of Industrial Policy and Promotion (DIPP) secretary Ramesh Abhishek who added that the key driver will continue to be the public sector companie

MRPL to raise refining capacity

The company is also looking at scaling up its petrochemical production capacity to clock larger margins, MRPL managing director H Kumar told PTI. “We have asked Engineers India Ltd (EIL) to do a feasibility study for expansion

Long-pending interviews for top posts at PSU insurers conducted

After a long wait, the finance ministry has completed the interview process to select two managing directors of LIC and the heads of three general insurance companies, United India Insurance, Oriental Insurance and Agriculture Insurance Company, t

Dhirendra Veer Singh takes charge as CMD THDCIL

Prior to taking over as CMD, Singh was holding the charge of director (technical) in the mini ratna 1 hydro power firm and his tenure as CMD shall be up to April 30 2021. According to a statement, Singh takes over the company at a critic

Get IRCTC’s concierge service by dialing 139

Concierge service, introduced by Indian Railway Catering and Tourism Corporation (IRCTC), can now be availed through round the clock 139 Interactive Voice Response (IVR) facility. The concierge service includes facilities like e-wheelchair, pick a

Cabinet gives nod to offload Instrumentation units

 The government has approved the proposal of shutting down the loss-making Kota unit of Instrumentation Ltd and hand over the company’s Palakkad division to the Kerala government. The decision was taken by the union cabinet at

PSUs told to submit proposals regarding ports

The shipping ministry held a consultation meeting with various stake holders on ‘Policy for Award of Waterfront and Associated Land to Port Dependent Industries in Major Ports’. The policy was approved by the cabinet earlier this year

Coal India misses production target

 Coal India Ltd (CIL), a maharatna PSU, produced 323.57 million tonnes (MT) of coal in the first eight months of the current fiscal, reported Press Trust of India. However, the world’s largest coal miner failed to meet its tar

Supply LPG only to PSU oil firms, government tells producers

 Liquefied petroleum gas (LPG) producers like Reliance Industries have been asked by the government to supply cooking gas they produce only to state-run oil companies. Private retailers have been asked to source their requirements through imp

Thirst quencher

The Indian Railway Catering and Tourism Corporation (IRCTC), the commercial arm of Indian Railways, intends to push the production of Rail Neer to bridge the gap between demand and supply. The daily requirement of packaged drinking

BSNL posts six-fold jump in operating profit at Rs 3,855 cr in FY16

State-run Bharat Sanchar Nigam Ltd (BSNL) has registered almost six-fold jump in operating profit during 2015-16 fiscal at Rs 3,855 crore from Rs 672 crore in the preceding fiscal. BSNL’s revenue from operation is highest in the last five ye

Strategic disinvestment of Salem Steel Plant approved

The government has given in principal approval of strategic disinvestment of Salem Steel Plant (SSP) – the loss-making subsidiary of the country’s biggest steelmaker Steel Authority of India Limited (SAIL).   

BHEL commissions captive power plant at Hazira

 A 93 MW steam turbine-based captive power plant (CPP) has been commissioned by Bharat Heavy Electricals Limited (BHEL) for Reliance Industries Ltd (RIL) at Hazira in Gujarat.  BHEL is also setting up a 3x93 MW steam turbine-ba

More PSUs to visit IITs for placement

 Almost all key IITs across the country have got a reason to rejoice as the number of public sector undertakings (PSUs) queuing up to conduct placement camps has gone up significantly, The Economic Times reported. The recruitment pr

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


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