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Govt grants Maharatna status to BHEL, GAIL

Last Updated: Friday, February 01, 2013, 19:15

A Maharatna firm can take investment decision of up to Rs 5,000 crore without going to the government. For Navratna firms, this limit is Rs 1,000 crore.

BHEL, GAIL to get Maharatna status soon: Patel

Last Updated: Thursday, January 31, 2013, 21:17

BHEL and GAIL would soon be awarded the coveted Maharatna status, which will give these public sector units greater financial autonomy.

Proposal cleared to confer Maharatna status on BHEL: Patel

Last Updated: Thursday, January 17, 2013, 12:52

The 49,000-strong technical and committed workforce of BHEL hailing from all parts of the country, was one of the biggest assets of the country.

'Maharatna status proposals for BHEL,GAIL to soon go to Panel'

Last Updated: Sunday, December 09, 2012, 12:35

The proposals for grant of Maharatna status to power equipment-maker BHEL and gas utility GAIL will soon be referred to a high-level secretaries' panel, headed by Cabinet Secretary Ajit Kumar Seth, according to an official.

Eligible for grant of Maharatna status: BHEL

Last Updated: Wednesday, October 10, 2012, 00:54

Power equipment maker Bharat Heavy Electricals Ltd (BHEL) today said it has become eligible for grant of Maharatna status.

BHEL, GAIL seek Maharatna status

Last Updated: Sunday, September 30, 2012, 11:55

Power equipment maker BHEL and state gas utility GAIL have approached the government for grant of Maharatna status, which will give them greater financial autonomy.

Govt to bring new guidelines for greater flexibility for PSUs

Last Updated: Wednesday, April 18, 2012, 16:43

The government on Wednesday said it will soon come out with fresh guidelines for public sector units that have Maharatna and Navratna status to enable them greater operational flexibility in achieving annual targets.

Autonomy limit of Rs 5000 cr for Maharatna PSUs may be revised

Last Updated: Friday, December 16, 2011, 16:39

Government will consider revising upward the Rs 5,000 crore-limit, upto which top-performing Maharatna PSUs can take investment decisions without approval from Cabinet or administrative ministries, Heavy Industries and Public Enterprises Minister Praful Patel said on Friday.

Maharatna cos allocated Rs 1,100 cr for CSR in first 6 months

Last Updated: Thursday, December 08, 2011, 19:59

Maharatna companies earmarked over Rs 1,100 crore for corporate social responsibility (CSR) activities during April-September 2011, while Navratna firms alloted about Rs 360 crore, Parliament was informed on Thursday.

Eyeing Maharatna tag, BHEL aims Rs 23,755cr networth in FY'12

Last Updated: Sunday, August 21, 2011, 14:44

State-owned BHEL is aiming to achieve a networth of Rs 23,755 crore this fiscal as it will brighten the company's prospects of getting the coveted Maharatna status.

Govt to consider Maharatna status for BHEL, GAIL next month

Last Updated: Monday, July 25, 2011, 18:50

The proposal to grant conditional Maharatna status to two PSUs - BHEL and GAIL - is expected to be taken up in the Cabinet by the end of next month, even though they do not meet the criteria.