PSU

CIL disinvestment faces roadblock

A strike at CIL will hit output by almost 2 million tonne, given that the company produced four-fifth of the country’s coal output, estimated at 557million tonne during 2012-13. The dominant trade unions have threatened to go on a s

AI mulling sizing down the number of unions

Hoping to streamline operations, Air India is considering cutting the number of recognized unions from 15 to two, one for pilots and another for the rest of the employees. The move is expected to ensure efficient decision making during negotiation

PSUs prepare to grapple with mandatory CSR

Originally, public sector units (PSUs) were driven by socialist goals, but post-liberalisation, they too are forced to compete in the market in what is called state capitalism. However, in line with the Congress party’s preference for the so

CSR spending must for firms even if the group makes net loss

The ministry of corporate affairs (MCA) proposes to mandate companies to spend two percent of their average net profit for the past three years on fulfilling their corporate social responsibilities (CSR) even if their group makes consolidated n

Senior PSU officers being trained to take on global competition

Top-level executives of PSEs, who hold or are likely to take charge as CEOs or directors, are undergoing training to meet the transformation challenges to steer their organisations in the globally competitive environment. Under a seven-day

Vigilance officers of PSUs not being scrutinised properly: CVC to DoPT

The annual confidential reports (ACR) of the chief vigilance officers (CVOs) in public sector undertakings/organisations are not being prepared according to norms laid down by the government, the central vigilance commission has brought to the not

SAIL Bhilai gets the best integrated steel plant award

Bhilai Steel Plant (BSP), a unit of Steel Authority of India Limited (SAIL) has won the prime minister’s trophy for ‘best integrated steel plant’ in the country for the assessment year 2011-12. BSP is the only steel plant in the

SAIL Bhilai gets the best integrated steel plant award

Bhilai Steel Plant (BSP), a unit of Steel Authority of India Limited (SAIL) has won the prime minister’s trophy for ‘best integrated steel plant’ in the country for the assessment year 2011-12. BSP is the only steel plant in the

Global leadership programme for PSEs by SCOPE

SCOPE, the apex body of public sector enterprises (PSEs) and Indian Institute of Management, Calcutta (IIM-C) are jointly organizing the second advanced global leadership programme, with an aim to develop global leaders in PSEs. The progra

SAIL gearing up to counter losses

In a bid to counter losses sustained during April- June 2013, steel authority of India (SAIL) is gearing to export close to 7 lakh tones of steel as opposed to 3.3 lakh tones which was exported last year. As of June 30, the company is lang



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