Category Archives: PSU

Launch of DoPT’s Basic Leadership Skills Module and Learning Resource Centre

Dr. S. K. Sarkar, Secretary, Department of Personnel and Training (DoPT) inaugurated the rollout of the Basic Leadership Skills (BLS) Module for Central Secretariat Services (CSS) Officers at the Institute of Secretariat Training and Management (ISTM) here today. This was followed by the inauguration of the Learning Resource Center (LRC) by Dr. SarkarRead More

Revised Rules for Declaration of Assets by Public Servants Under Provisions of the Lokpal Act


The Central Government has notified fresh rules for the public servants to furnish information and annual return containing declaration of assets and liabilities. Under the Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Rules, 2014 every public servant shall… Read More

Always wondered about Eligibility Criteria for Grant of Maharatna, Navratna and Miniratna Status ??

The eligibility criteria laid down by the Government for grant of Maharatna, Navratna and Miniratna status to Central Public Sector Enterprises (CPSEs) are following:

Criteria for grant of Maharatna status :-

The CPSEs fulfilling the following criteria are eligible to be considered for grant of Maharatna status.

(i) Having Navratna status.
(ii) Listed… Read More

PM visits BARC

The Prime Minister, Shri Narendra Modi, paid his first visit to Department of Atomic Energy (DAE) in Mumbai today. He was briefed by Dr. R.K. Sinha, Secretary, Department of Atomic Energy and other top officials and scientists at the Bhabha Atomic Research Centre on Indias atomic energy programme; DAEs extensive research and development and education programmes;Read More

V G Kannan appointed as MD-SBI

Shri V G Kannan, MD, SBI Capital, has been appointed as Managing Director of State Bank of India

Prior to this, he was the CGM of Mid Corporate Group, SBI Corporate Office at Mumbai. He had joined SBI in the year 1978, and since then, he has held various assignments spanning Credit, Forex and Investments and Retail Banking. He has had considerable experience overRead More

Sanjay Banga appointed as CVO Indian Rare Earths Ltd. (IREL)

Shri Sanjay Banga, Indian Engineering Service(93) appointed as CVO in Indian Rare Earths Limited (IREL), Mumbai under Department of Atomic Energy for a period of 3 year.He comes in place of Shri B R Tarafdar the current CVO who joined IREL on April 2014.… Read More

B Ashok takes charge as Chairman of IOC

B Ashok took over as  Chairman of Indian Oil Corp, the nation’s largest oil firm.Prior to his appointment as Chairman IOC, Ashok was ED- Retail Sales and ED at the Corporate Office at New Delhi. A mechanical engineer from College of Engineering, Guindy, Madras University with a Post-Graduate Management degree from National Management Programme… Read More

BrahMos missile orders exceeded record $6 billion in India

Total orders for different versions of the winged supersonic missile BrahMos by the Indian navy and armed forces have exceeded $6 billion, the president of the Russian-Indian missile developer and producer Sivathanu Pillai told journalists on Monday.

Joint Russia-India BrahMos Aerospace has requested the Indian government for permission to export the… Read More

BrahMos cruise missile successfully test-fired


India successfully test-fired the BrahMos supersonic cruise missile on Tuesday from a defence base in Odisha, an official said. It has a range of 290 km and can carry conventional warhead of up to 300 kg.

The missile was launched from the Integrated Test Range in Chandipur in BalasoreBSE 1.63 % district, about 230 km from here.

“The test was successful.… Read More

CMD positions vacant in 35 PSUs

In a PSU news segment; Several state-owned firms across the country are headless at the moment, with top posts lying vacant in as many as 35 Central Public Sector Undertakings (PSUs) including Coal India, MTNL, BSNL and NHPC, the Parliament was informed on Monday.

In all, 25 Chairman-cum-Managing Director (CMD) posts, 8 MD posts and 2 Chairman posts are lying… Read More

Arvind Panagariya to be Economic Advisor to Narendra Modi

Arvind Panagariya, is to be appointed as Economic Adviser to Prime Minister Narendra Modi.

Born in September 30, 1952,Arvind Panagariya is an Indian-American economist and Professor of Economics at Columbia University and an ex-Chief Economist at the Asian Development Bank.

He holds a Ph.D. degree in Economics from Princeton University.

 … Read More