Friday, August 22, 2014

5 reasons why 65% B-school grads prefer PSU jobs over private ones

SOUNDS surprising but this is a fact. Business school graduates are now growingly preferring a job in public sector undertakings over private companies. This was shown in an ASSOCHAM paper paper called 'PSUs back in reckoning' said. Statistics don't lie. The number of intakes by PSUs from B-Schools, more...

Thursday, August 21, 2014

BPRL, a subsidiary of BPCL, invites applications for senior level managerial posts

BHARAT Petroleum Corporation Limited (BPCL) has emerged a key player in the oil and gas industry. Bharat Petro Resources Limited (BPRL) is a wholly owned subsidiary of Navratna PSU BPCL and was incorporated in October 2006 to carry forward...

Wednesday, August 20, 2014

5 things Modi-led NDA govt has done vis-a-vis PSUs

EVER since the Narendra Modi-led NDA government assumed power on May 26 in the forecourt of Rashtrapati Bhavan, thanks to its clear majority in Lok Sabha, the new BJP government has already taken a slew of bold measures to revive the ailing economy and as the public sector undertakings (PSUs) play a key role in the India, the sector has...

Tuesday, August 19, 2014

Govt okayed pay revision for Scooters India employees; retirement age now 60

THERE is a piece of good news for the tens of hundreds of employees in the beleaguered PSU Scooters India Limited. The government has recently said it had made progress in allocating financial aid to the public sector undertaking...

Monday, August 18, 2014

HPCL to recruit 25 Chartered Accountants

IF YOU are a Chartered Accountant and keen to work in a PSU, here is your chance to work in India's leading oil marketing PSU. Hindustan Petroleum Corporation Limited (HPCL), a Navaratna oil major, has invited applications for the recruitment of 25 Chartered Accountant posts. The oil marketing PSU is also a Forbes 2000 and Global Fortune 500 company. HPCL has an annual sales/income from...

Saturday, August 16, 2014

Will Modi Govt bury Roongta report on fixed tenure for PSU heads like the Planning Commission?

PM Modi on August 15
WILL the Narendra Modi-led government bury the recommendations of the Roongta Committee in cold storage like giving an untimely death knell to the Planning Commission, to whom the committee submitted its report? Though the earlier UPA government accepted the recommendations of the the SK Roongta Committee fixing the tenures of PSU CMDs, the Modi sarkar doesn't seem to be in any mood to...

Thursday, August 14, 2014

Why is FM Jaitley taking a tough stance vis-a-vis PSUs?

Talking tough: FM Jaitley
BEFORE May 26, when the BJP led NDA government took charge of a new government at Raisina Hills, expectations were high among the ailing PSUs that “Good days will come soon”. But gradually those good days seem to be more and more eluding as the new NDA government's disinvestment policy is becoming clearer. Finance Minister Arun Jaitley, Modi's Mr Dependable in Parliament, at no...

Wednesday, August 13, 2014

Prime Minister dedicates NHPC's projects to nation

Prime Minister Narendra Modi dedicates the Chutak hydropower station to the nation.
PRIME Minister Narendra Modi on August 12 laid the foundation stone for the Leh-Kargil-Srinagar power transmission line at Leh and dedicated to the nation the 45-MW Nimmo Bazgo hydroelectric power project in the same district and 44MW Chutak hydropower station at Kargil. Both the projects have been developed by NHPC (National Hydroelectric Power Corporation Ltd). The transmission line...