Om Prakash Rawat, a former Madhya Pradesh cadre IAS officer who till recently was Secretary at the Centre, was on Thursday appointed as the new Election Commissioner.
If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.
All central government ministries and their Public Sector Undertakings were told to dispense with the requirement of interviews for selections at junior level posts.
Air India currently has a workforce of 27,500 people with 20,500 of them regular employees and rest on contract.
The MoU is a separate agreement entered into with the ministry that is more broad-based.
An announcement has barred the entry of journalists in the finance ministry.
Trouble is again brewing in Air India ahead of the upcoming busy holiday season, with a section of pilots resenting a proposed 15 per cent cut in their allowances, saying such a reduction would place their pay packets below what was prevailing in the market.
Coal Secretary Anil Swarup has been appointed as school education secretary.
Als0 looking to make its staff accountable for delay in operations
Cash-rich Central Public Sector Enterprises (CPSEs) have to either invest their surplus funds or give it to someone for investment purpose, Finance Minister P Chidambaram has said.
The list is of companies declared sick as on March 31, 2014.
The Swachh Bharat Abhiyan -- or Clean India Mission -- was launched by Prime Minister Narendra Modi on October 2.
The President noted that the green shoots of recovery were already visible, with the economy growing at 5.7 per cent during the first quarter of current fiscal.
The run-up to next year's general elections might see some of the top executives of government-run companies getting unlucky. And, the period could become the best in the lives of those waiting in the wings.
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
The National Democratic Alliance government is weeding out independent directors on the boards of public-sector undertakings (PSUs).
The new Companies Bill will boost such spending by both public and private companies. Praful Patel, Union minister for heavy industries & public enterprises, speaks to Business Standard on the issue.
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