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general insurance

20 Nov 2021

60,000 PSU workers could soon get 15% wage revision, check if you're eligible

The wage revisions for 60,000 PSU employees will take place in the year 2021. This means that the announcement will be made soon in the coming days. Wage revision usually takes place once in five years.

OBC Creamy layer

30 Aug 2017

Ambit of OBC 'creamy layer' extended to PSUs, financial institutions

Union Cabinet on Wednesday decided to extend the concept of creamy layer in OBC reservations to PSUs and financial institutions.

22 May 2017

Non-performing PSUs bleeding Uttar Pradesh's coffers dry

A report by the country's top audit body, tabled in the just-concluded session of the Assembly, shows tardy performance of the state's PSUs.

Women as independent directors

24 Dec 2016

Nirmala Sitharaman asks ICSI to prepare list of possible women directors

Commerce and Industry Minister Nirmala Sitharaman on Saturday asked the Institute of Company Secretaries of India (ICSI) to prepare a list of qualified women professionals who can be appointed on boards of public sector units.

15 Aug 2016

Air India likely to post over Rs 100 crore operating profit in 2015-16

As Prime Minister Narendra Modi spoke of Air India's turnaround in his Independence Day speech on Monday, the state-run airline is expecting to log over Rs 100 crore operating profit in the last fiscal and projecting to cross the Rs 700 crore mark in the current financial year.

03 Apr 2016

Govt to invite proposals from PSUs for allotting 16 coal mines

Taking ahead its decision to open up the coal sector for commercial mining, government will this month invite proposals from public sector undertakings for allotment of 16 mines.

12 Jan 2016

BHEL, 11 other PSUs running in losses: Geete

Anant Geete said that out of 32 PSUs under his ministry, 12 including BHEL are running in losses.

Gujarat state government

31 Mar 2015

20 Gujarat PSUs incurred losses of Rs 1,111.85 crore: CAG

Twenty Gujarat state government-run public sector undertakings (PSUs) incurred losses of Rs 1,111.85 crore, according to a CAG report which was tabled in the Assembly on Tuesday.

Indian companies

08 Feb 2015

'Top Indian companies need Rs 1.7 lakh crore over next 3 years for growth'

To achieve moderate growth in the next three years, top Indian companies will require funds worth Rs 1.7 lakh crore towards working capital and capital expenditure, says a report.

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