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High-Power Committee may consider new MoU norms this month

The Department of Public Enterprises (DPE) has prepared the draft Memorandum of Understanding (MoU) norms based on the recommendations of a Working Group on MoU norms for Central Public Sector Enterprises (CPSEs), which was headed by P G Mankad.

Plan for swift action against PSU officials for wrong doings

The Department of Public Enterprises (DPE) will soon move a Cabinet note proposing swift action against PSU officials indulging in malafide actions or wrong doings.

Govt likely to relax investment norms for PSUs

Currently, PSUs are allowed to park their funds only in public sector mutual funds.