INDIA'S largest public sector lender State Bank of India is making changes in its hiring policy. Now, the number of people SBI recruit at entry level will be similar to the those who are slated to retire in a particular year.
The new policy aims at streamlining...
CLOSE on the heels of finance minister
Arun Jaitley's announcement that the government was willing to
consider the privatisation of sick state-run firms, the Centre has
finally begun the process of shutting some of them. This may not go
down well with tens of thousands of employees of the six sick PSUs who
have been pinning...
NTPC, India's largest power generating
company, has become first Indian company to tap the foreign currency
bond market following government clarification that provisions of the
new Companies Act — regarding prospectus and allotment of securities
— do not apply to issue of foreign currency bonds by Indian
INDIA'S leading steel producer,
Maharatna PSU Steel Authority of India Limited (SAIL) is set to
expand the capacity of its Rourkela Steel Plant (RSP). For this, SAIL
has sought Odisha government's support for its raw material
"We have plans to invest Rs 30,000
crore to Rs 35,000 crore for expansion of RSP's capacity from 4.5
mtpa to 10 mtpa by 2025-26. Therefore, we require adequate iron ore
and seek support of the Odisha government," SAIL...
INDIAN Oil Corporation Limited (IOCL)
is India's flagship national oil company with business interests
touching the entire hydrocarbon value chain – from refining,
pipeline transportation and marketing of petroleum products to
exploration & production...
IN A bid to revive sick drug making PSUs, the government is
working to revive state-owned sick drug manufacturing companies like Indian
Drugs and Pharmaceuticals Ltd (IDPL), Hindustan Antibiotics and Bengal