Latest Public Sector Undertakings News & Updates

Gandhinagar, July 17 (IANS) The Gujarat Public Service Commission (GPSC) has launched a new digital platform, titled ‘Avasar’, aimed at helping more than 18,000 candidates who reached the interview stage of Class I and Class II recruitment processes but were either not selected in the final merit list or remained on the waiting list secure employment with public sector undertakings, cooperative institutions and recognised private organisations. Announcing the initiative in Gandhinagar on Friday,…

Thiruvananthapuram, July 3 (IANS) In a significant move that signals closer scrutiny of the functioning of the Kerala Public Service Commission (PSC), a constitutional body entrusted with recruitment to State government services, the Chief Minister Satheesan-led Kerala government has directed all department heads to report vacancies to the Commission within three weeks, warning of disciplinary action against officials who fail to comply.The directive, issued by the Administrative Reforms Departm…

New Delhi, June 28 (IANS) More than 75 per cent of Delhi government work is now done through the e-Office system, said Chief Minister Rekha Gupta on Sunday as the electronic file system approaches its first anniversary on July 1.The Chief Minister said the reach of the e-Office system has expanded since April 13, with 120 of the 132 government departments, about 91 per cent, using it regularly.Similarly, 36 of the 55 public sector undertakings, boards, corporations, commissions, committees, auto…

Chennai, June 19 (IANS) K. Annamalai on Friday said the White Paper released by the TVK government on Tamil Nadu’s finances has laid bare the extent of fiscal deterioration over the past five years and underscored the need for immediate corrective measures to restore the state’s financial health.In a statement issued after reviewing the document, Annamalai said the findings contained in the White Paper came as no surprise, as many of the issues highlighted have already been known to economis…

New Delhi, June 8 (IANS) The Reserve Bank of India’s decision to reinvigorate Foreign Currency Non-Resident (Bank) or FCNR-B deposits could pave the way for fresh long-term foreign exchange inflows, according to a report.Jefferies, in its report, said that the renewed focus on FCNR-B deposits is aimed at mobilising funds from non-resident Indians for a tenure of 3–5 years, potentially opening a stable channel of forex inflows into the country’s banking system.It noted that the initiative d…

Mumbai, June 3 (IANS) To ensure that financial relief specifically aids economically strained agricultural households, the Maharashtra government has mandated strict criteria in the implementation of the Rs 36,585 crore Punyashlok Ahilyadevi Holkar farm loan waiver scheme which will benefit 55.72 lakh farmers in the state. Notably, this decision is expected to completely clear the land records (Satbara) of nearly 16.74 lakh farmers.According to the Cabinet decision, current or former Ministers, …

New Delhi, May 23 (IANS) Indian equities attracted Rs 73,639 crore in April, far higher than March allocations as SIP inflows largely went to large‑caps, a report said on Saturday.The report from Vallum Capital said investors rotated toward value plays in PSU and BFSI names and moved away from technology stocks.Until the broader equity market turns positive on a YTD basis, Indian capital appears focused on discipline rather than aggression, the report said.April’s allocation was Rs 25,931 cror…

Kolkata, May 22 (IANS) The West Bengal Transport Department has issued a notification listing identity documents that women must carry to avail free rides on state-run buses, a scheme announced earlier this month by the state’s new Suvendu Adhikari-led government.The notification, issued on Thursday, states that carrying a valid ID is mandatory to ensure that women residents of the state benefit from the scheme.The list of the identity documents specified by the state transport department includ…

Raipur/Durg, April 7 (IANS) A massive fire broke out on Tuesday at Power Plant-2 (PBS-2) of the Bhilai Steel Plant (BSP) in Durg district, Chhattisgarh, following an explosion in the 25 MW turbine section. Thick black smoke engulfed the area as flames rose nearly 10 feet high, creating panic inside the plant.According to sources, five people sustained injuries in the mishap — two regular employees and three contract workers. One employee suffered a fracture in the leg, while the others received…

New Delhi, March 10 (IANS) Leader of the Opposition (LoP) in the Lok Sabha, Rahul Gandhi, on Tuesday extended heartfelt greetings to the personnel of the Central Industrial Security Force (CISF) on its Foundation Day, praising their dedication and service to the nation. Taking to social media platform X, LoP Rahul Gandhi lauded the role of CISF personnel in protecting the country’s critical infrastructure and ensuring national security.”Heartiest greetings to our brave soldiers on CISF Foundat…