Saturday, October 1, 2016

ONGC directors face travel allowance axe: Media report

THIS will not find any favour among the directors at Oil and Natural Gas Corp (ONGC), the Maharatna PSU as the top officials are set to lose the perk of claiming full travel allowance and comforts while working in Delhi that enabled them claim huge cash on top of their salaries, says a report published in a leading financial daily.
The report says directors are officially based at Dehradun, the company HQ, but mostly operate from Delhi and end up...

Friday, September 30, 2016

Here is a list of 17 sick PSUs that will be closed down

THE Centre has set the stage for the closure of 17 sick public sector units (PSUs), of which four are already under liquidation. Reports say the Prime Minister's Office (PMO) has approved the closing down and a Cabinet note on the formal closure of the PSUs was being prepared. The land these PSUs will be...

Thursday, September 29, 2016

Telecom minister asks BSNL staff to opt for performance or VRS

Manoj Sinha, MoS, Telecom
SENDING a strong message to the BSNL employees to pull up their socks stay competitive, Minister of State (independent charge) for telecom Manoj Sinha has asked the state-run PSU to consider implementing 'performance related pay'.
"I was just speaking to the telecom secretary that 'performance related pay' is implemented in a lot of places, so why not BSNL also discusses it...instead of imposing it from the top, why don't you all discuss this and tell us whether the telecom department should consider such a proposal," Sinha said....

Wednesday, September 28, 2016

It’s final: Govt to shut shop for 15 loss-making PSUs

IT'S official now. NDA Government has decided to shut down 15 loss-making public sector units, of which at least five have been cleared by the cabinet, while opting to go against internal advice and revive three state-run companies. According to a report published in a leading daily there were another half-a-dozen sick public sector companies, which had been identified by NITI Aayog for closure, but their fate remained uncertain amid...

Tuesday, September 27, 2016

SBI, associate banks to submit report on merger to RBI: Report

AS PART of the merger process within the SBI Group, its five associate banks including State Bank of Bikaner and Jaipur (SBBJ) will soon submit to the Reserve Bank the scheme of acquisition as ratified by shareholders. The board of the directors has considered the report of the expert committee set up to look into the written objections from shareholders in terms of the Grievance Redressal Mechanism set up as part of the scheme...

Monday, September 26, 2016

BSNL to recruit 2510 Junior Telecom Officers through GATE

BHARAT Sanchar Nigam Limited (BSNL) has invited applications from “Graduate Engineers” for recruitment to 2510 posts of Junior Telecom Officer (JTO). The candidates eligible for the post can apply online through prescribed format on or before 31 January 2017. After incurring heavy losses for years, BSNL has earned an operating profit of Rs 672 crore till June this...

Saturday, September 24, 2016

PowerGrid to recruit Executive Trainees through GATE 2017

POWERGRID India Limited online invited applications from “Bright, Committed and Energetic Graduate Engineers” for recruitment to posts of Executive Trainee in the disciplines of Electrical, Electronics, Civil and Computer Science through GATE 2017. The candidates’ eligible for the post can apply for GATE 2017 on or before October 4 and apply for the POWERGRID India Limited Executive Trainee posts online through prescribed format from February 15, to March 15, 2016.
The Navratna PSU, the central transmission utility (CTU) of the country under ministry of power figures among the largest power transmission utilities in the world. PGCIL is playing a vital role in the growth of Indian power sector by developing a robust integrated national grid and associating in the flagship programme of the government to provide power for all. The PSU owns and operates about 113,688 ckt kms of transmission lines and has 189 sub-stations.
Notification Details
Advertisement No: Executive Trainee–22nd Batch Advt.No.CC/05/2016
Important Dates:
Date of Online Application: February 15 to March 15, 2017
GATE Admit Card with registration Number to be available tentatively: January 5, 2017 onward
Last Date of Online Application (for GATE 2017): October 4, 2016
Vacancy details:
Executive Trainee
Eligibility Criteria
Executive Trainee (Electrical): Bachelor Degree in Engineering in Electrical/ Electrical (Power)/ Electrical and Electronics/ Power Systems Engineering/Power Engineering (Electrical) Technology/Petrochemical Technology with minimum 65 %Marks.
Executive Trainee (Electronics): Bachelor Degree in Engineering in Electronics / Electronics & Communication/ Electronics & Telecommunication / Electronics & Electrical Communication / Telecommunication Engg with minimum 65 % Marks.
Executive Trainee (Civil): Bachelor Degree in Engineering in Civil with minimum 65 %Marks.
Executive Trainee (Computer Science): Bachelor Degree in Computer Science/ Computer Engg. /Information Technology with minimum 65 % Marks.
Selection Procedure for Executive Trainee, GATE 2017 Jobs:
Candidates will be selected for POWERGRID Executive Trainee Jobs on the basis of GATE 2017 score.
How to Apply:
Eligible candidates can apply online to the post through the official website of GATE (, on or before October 4 and POWERGRID ( in the prescribed format along with other necessary documents from February 15 to 15 March 15, 2017.
For detailed notification of POWERGRID recruitment 2016 click on

Friday, September 23, 2016

IOCL is hiring for 161 Junior Engineer Assistant Posts

INDIAN Oil Corporation Limited (IOCL) has invited applications for recruitment to the post for Junior Engineer Assistant IV. The candidates eligible for the post can apply online through the prescribed format on or before September 30. IOCL is the country’s largest commercial enterprise, with a sales...