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
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
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
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
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
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
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
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
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
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
