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Tag results for... "psu-employee-news"

NCOA claims there’s a mistake in calculation of revised DA for PSU employees

The NCOA has said that the revised rates announced by the DPE are that of April 2021 The NCOA has said that the DPE order has also created a disparity between PSU executives and non-executives,.......

Govt hikes DA for PSU executives, disallows arrears for ‘freezing of DA’ period

The increased DA of 23.2 percent will be applicable in the case of PSU employees who avail 2017 pay scales For those who avail 2007 pay scales, DA has been hiked from 159.9 percent to 170.5.......

Govt has approved disinvestment of 35 PSUs since 2016: Dr Bhagwat Karad

Disinvestment has been completed in 8 PSUs so far A total of 21 PSUs are being currently under the process of disinvestment or privatisation New Delhi: The Centre has approved the.......

Govt shortlists ArcelorMittal, JSW Steel & MEIL for NINL disinvestment

The data room has been opened up for the three shortlisted bidders, who will now participate in the RfP stage The draft share purchase agreement has been issued and site visits have been.......

BPCL trims PRMBS beneficiary employees’ list; unions demand withdrawal of decision

In a notification issued on June 10, BPCL informed its employees that those who have less than 15 years of service with BPCL as on June 1, 2021, would not be eligible for PRMBS Four trade unions.......

Govt appoints Manoj Mittal as MD & CEO of IFCI Limited

New Delhi: The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for the appointment of Manoj Mittal as Managing Director and Chief.......

CIL tells subsidiaries to ensure 1st dose of COVID-19 vaccination for employees at earliest

First COVID-19 vaccine dose to be completed at the earliest and hence subsidiaries are advised to set up adequate number of vaccination centres, said CIL management The cost incurred is.......

COVID: AIACE once again asks CIL to hold transfer orders for promoted E5-E6 employees

At least 64 of the promoted employees have been retained their existent place of posting, while 13 have foregone their promotion, said AIACE In the letter, AIACE said that around 49 CIL.......

COVID-19: Here’s how MCL is facing twin challenges of ensuring coal supply & employees’ safety

For the first quarter of financial year 2021-22, MCL has prepared a plan with a financial outlay of Rs 32 crore to strengthen the fight against the COVID-19 surge The MCL CMD has.......

ONGC officers observe day-long fast to demand resolution of long-pending issues

The list of demands include restoration of employer’s contribution to 15 percent to the PRBS, payment of statuary allowances to officers working in offshore and onshore An.......

COVID: AIACE urges CIL to hold release orders for promoted E6 employees in abeyance

In an order released on September 9, 2020, CIL had promoted E5 executives to E6 grade and had also announced their transfers However, the transferred executives were allowed to join at.......

FM to hold review meeting on disinvestment this week, take call on bank privatisation: Sources

Officials feared that if partial lockdown in certain parts of the country continue or are enforced more severely, it will impact both the market and investor sentiment For FY22, the.......

30 Shift In-charges of SAIL-Rourkela Steel Plant get awards for exemplary work

New Delhi/Rourkela: 30 Shift in-charges of SAIL-Rourkela Steel Plant (RSP) were awarded the ‘Performance Excellence Award for Shift In-charges’ in recognition of their exemplary.......

Modi govt ends FY21 with PSU disinvestment yield of Rs 32,835 cr

Minority stake disinvestment through OFS and IPO and share buybacks contributed to the cumulative total of Rs 32,835 crore While OFS fetched the government Rs 22,972.86 crore, IPO.......

NINL disinvestment progresses without any delay; govt receives multiple EoIs

The government had floated a PIM on January 25, and had sought EoIs for the disinvestment of 100 percent shareholding of various state-run organisations in NINL The shortlisted bidders.......