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DPE OFFICIAL
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...- BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
- Note to CCEA on norms for investing surplus PSU funds this monthDPE will move a Cabinet note by this month-end on finalising norms for investment of surplus funds with cash-rich state-owned firms such as...
- Government to soon decide on performance pay for CIL lossmaking armAs per the 2007 pay revision, PRP is directly linked to Profit Before Tax (PBT) and rating of a Public Sector Unit (PSU), besides performan...
- Govt introduces norms for independent directors on CPSE boards'Under the norms, NoDs should have a candid view of the faults or shortcomings of company's plans and accordingly suggest measures for impr...
- Over 100 public sector companies fail to give corporate governance reports for 2010-11Nearly 110 PSUs, mostly engaged in power sector, did not submit self-evaluation reports on corporate governance to their respective adminis...
- Better not set low targets to boost results, government to PSUsThe government has warned state-run enterprises not to understate their targets for the next financial year.
- Engineering PSUs Mecon, Braithwaite Burn & Jessop and others may be merged to compete with private companiesThe public enterprise department will look into the BRPSE proposal though Engineers India is not too keen on merger.
- DPE to hire agency for IT training to its employeesThe Department of Public Enterprises will hire an agency to provide IT training to its employees, a move that comes after its decision to o...
- PSU staff may get 10% extra for rural stintOfficials of state-owned companies could get a special allowance if they agree to serve in far-flung areas, helping companies expand operat...
- Ministries told to keep their PSUs at arm's lengthThe government has barred its officers and staff from using the infrastructure or facilities of the state-owned companies and asked adminis...
- PSU brass may break free from parent ministry shacklesThe government is considering independent performance assessment for top managers of large state-run companies, as it looks to reduce influ...
- Repair allowances of PSU staff in ruinsEmployees of public sector companies will no longer be entitled to the annual reimbursement for maintenance and repair of their houses.
- CPSEs told to set up energy audit teamsThe department of public enterprises (DPE) has asked all central public sector enterprises (CPSEs) to put in place an in-house energy audit...
- DPE to find more directors for PSUsThe department of public enterprises (DPE) will expand its list of candidates who can be appointed as independent directors on state-owned ...
- Report card soon for state PSUsThe Centre will soon evolve performance assessment parameters for state public sector companies.
- Spendthrift PSUs told to tighten purse stringsThe government has said that every public sector company will set up a committee for implementation of austerity measures with representati...
- Bigger DPE list to help select independent directorsThe department of public enterprises (DPE) will now expand its data bank of eligible candidates in a bid to facilitate the appointment of i...
- Department of Public Enterprises likely to get more powers to regulate PSUsThe government is considering a proposal under which DPE’s functional regulations for PSUs would be treated as government policy whose impl...
- Oil firms' navratna status under threatForced to survive on oil bonds, the public sector oil companies, IOC, HPCL and BPCL, now face the prospect of losing the prestigious navrat...
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