News for 'Department of Public Enterprises Bhaskar Chatterjee'

No political nominees on PSU boards as IDs

No political nominees on PSU boards as IDs

Rediff.com27 Apr 2010

The government has now made it "practically impossible" for political appointees to find a place on the boards of the public sector units (PSUs) as independent directors (IDs), a top official said.

Commonwealth Games: PSUs asked to be sponsors

Commonwealth Games: PSUs asked to be sponsors

Rediff.com14 Jul 2010

The government has asked central PSUs to sponsor the Commonwealth Games even as state-owned firms, including the Railways, have already committed Rs 200 crore (rs 2 billion) for a "good cause".

PSUs may have to fund CSR from net profit

PSUs may have to fund CSR from net profit

Rediff.com10 Feb 2010

Corporate social responsibility for a state-owned firm may no more be a "photo opportunity" for its chairman but would involve people-centric projects to be funded by 2-5 per cent of the company's net profits.

PSUs to employ 31,000 more in 2010-11

PSUs to employ 31,000 more in 2010-11

Rediff.com3 May 2010

Public sector units, which saw a reduction in their head count in 2008-09 due to voluntary retirement schemes, have started hiring again and may return to the 2007-08 level of 15.66 lakh (1.566 million) employees this fiscal, a senior official said.