Saturday, November 1, 2014

GAIL is hiring experienced professionals for its LNZ shipping biz

GOOD news for those young and energetic professionals who love working in the sea. GAIL (India) limited is looking for experienced professionals in the LNG shipping business having requisite qualifications/experience for...

Friday, October 31, 2014

Indian Oil Corporation to recruit officers through UGC-NET

IF YOU are young and energetic, here is a chance for you to join India's leading oil marketing PSU. Indian Oil Corporation Ltd (IOC), India's largest company by sales with a turnover of Rs. 4,57,553 crore and profit of Rs 7,019 crore for the year 2013-14, is recruiting...

Thursday, October 30, 2014

ONGC highest ranked Indian energy firm in Platts global rankings

MAHARATNA PSU oil major Oil and Natural Gas Corp (ONGC) has overtaken Reliance Industries to become the highest ranked Indian energy firm on this year's Platts Global 250 Rankings.
ONGC, which in 2013 was ranked 22nd, improved...

Wednesday, October 29, 2014

Will cash-rich PSUs bail out sick units?

THERE seemed to be some glimmer of hope for the sick PSUs reeling under massive losses and facing shut down when a committee headed by NTPC chairman Arup Roy Choudhury submitted a report earlier this month advocating involvement of some...

Tuesday, October 28, 2014

It may not be all over for nation's time keeper HMT

THERE is a fresh lease of life for the nation's time keeper. Following media reports that the government may delay the shutting down of HMT Watches, and the Centre may provide another life line for HMT, shares of the nation's watchmaker soared up 20 percent on October 27
Media reports say, after the government announced closure of the...

Monday, October 27, 2014

Women PSU insurance staff to get transfers of their choice

GOOD news for the tens of thousands of female PSU insurance staff. Soon, they will get transfers of their choice.
The finance ministry in a circular has asked the all public sector insurance companies, including LIC, to formulate women- friendly transfer policies.
This aims at ensuring...

Saturday, October 25, 2014

Govt prescribes timeline in filling up board level appointments in PSUs; wants “strict compliance”

CALLING the delay in filling up board level vacancies in PSUSs “a matter of serious concern”, the secretariat of Appointments Committee of the Cabinet (ACC) in an office memorandum dated October 22, prescribed strict timeline for PESB, ministries concerned, CVC and ACC itself, asking all for “strict compliance”. Accordingly, the PESB or Public Enterprises Selection Board which advises the government on appointments to PSUs’ top management posts, will initiate the process for…

Wednesday, October 22, 2014

Govt may split Coal India into smaller entities

IN VIEW of severe coal shortages putting India's power generation plans at stake, the Union government is set to undertake the restructuring of state behemoth and world's largest coal miner, Coal India Ltd (CIL), by creating multiple mega coal companies in line with...