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Alok Perti

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UPA appointed independent directors at PSUs forced to quit

The National Democratic Alliance government is weeding out independent directors on the boards of public-sector undertakings (PSUs). At least nine independent directors of PSUs, including Indian......

Change Coal India's management, govt urged

Two weeks after it threatened to sue the board of directors of Coal India (CIL), London-based hedge fund, The Children's Investment Fund (TCI), said it was unhappy with the company's response and......

Government to consider power CEOs' demands

A committee of secretaries, headed by Prime Minister's Principal Secretary Pulok Chaterjee, agreed to consider power industry's demands placed before it at a meeting on Wednesday.The demands by......

FinMin may seek cabinet nod for CIL divestment

The Ministry of Finance may seek the Union Cabinet's approval for the proposed 10 per cent stake sale in state-owned Coal India Ltd by the end of this month, a senior Coal Ministry official said......

8 firms get nod for defence production

The ministry of defence has cleared the names of eight private companies for the manufacture of spares and parts needed for the combined forces, Joint Secretary of Department of Defence production......

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