Wednesday, June 29, 2022
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News Updates

News Updates

J&K Bank Has Metamorphosed Into a PSB And Only The Govt Seems To Be Happy With It

PSU Watch Bureau -
PW Bureau The decision, however, has elicited attacks from the Opposition, who claim that the decision will bring in interference from the government New Delhi: At...
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Govt To Pour Rs 54,000 Cr Into PSBs In Next Few Weeks

PSU Watch Bureau -
PW Bureau The infusion would help improve banks’ financial health, sources said, adding that some banks would get necessary regulatory capital while others would get...
News Updates

IBC Has Purged A Large Part Of The NPA Scourge Infecting The Banking Sector: Injeti Srinivas

PSU Watch Bureau -
PW Bureau Corporate Affairs Secretary Injeti Srinivas said that the IBC (Insolvency and Bankruptcy Code, 2016 ) has also led to a tectonic shift in...
News Updates

India’s output of crude oil this year is lowest in 7 years

PSU Watch Bureau -

 In October, production went down by about 5 percent to 2,885 thousand tonnes, the lowest output in that month in the past five years since 2013 

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To make up for shortfall in GST collection, Govt may have to cut spending by Rs 700 million: SBI report

PSU Watch Bureau -
PW Bureau The SBI report said that an “inevitable” slowdown in global growth would have a substantial impact on India’s GDP growth New Delhi: To make...
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Why the Choksi(s) and Mallya(s) may not find it easy to default on loans and flee anymore

PSU Watch Bureau -
PW Bureau A new amendment to the MHA guidelines will allow PSBs to request a look-out circular against wilful defaulters of loans New Delhi: A breakthrough...
News Updates

HAL Gets First Batch Of Helicopter Structures From Subsidiary NAeL

PSU Watch Bureau -
PW Bureau HAL claims this will give boost to production of Dhruv, Advance Light Helicopter indigenously developed and manufactured by ace defence PSU  Bengaluru/Prayagraj: The HAL’s Helicopter...
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Reliance Jio’s basket has the country’s most sought-after account in the telecom industry

PSU Watch Bureau -
PW Bureau Beginning January 1, Jio will power telephone calls, messages and data usage of around 3,78,000 Indian railway employees New Delhi: Reliance Jio has edged...
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A new reform will change the way CMDs of PSUs are appointed

PSU Watch Bureau -
PW Bureau The government will not require any approval from the PESB and DPE to appoint board-level officers and will instead just route its proposal...
Defence Watch

GRSE launches two fast patrol vessels for Indian Coast Guard

Defence Watch Bureau -

Vessels ICGS Amrit Kaur and ICGS Kamla Devi are the third and fourth in the series of five FPVs built by GRSE for the Indian Coast Guard

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PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.

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