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PSUS RETIREMENT AGE
Andhra Cabinet raises retirement age for PSUs; restores Old Pension Schemes for 11,000 employeesAndhra Pradesh employees in state PSUs, Gurukul schools, and welfare societies will now retire at 62, matching state government staff. Addi...
GAIL chairman Sandeep Gupta wildcard for Indian Oil CorporationOn Sunday, a search-cum-selection panel interviewed nearly a dozen candidates to appoint a new chairman for Indian Oil Corporation (IOC). O...
Raising judges' retirement age could extend service of non-performers: Justice department to Parliamentary PanelIt also said increasing the retirement age of judges would be considered along with measures to ensure transparency and accountability in a...
Kerala govt revokes decision to enhance retirement age of PSU employeesThe move comes following strong protests by the opposition Congress and BJP alleging that the LDF government's decision was "betrayal" of t...
Kerala govt enhances retirement age of state PSU employees to 60The state leadership of the All India Youth Federation (AIYF), the youth wing of the Communist Party of India (CPI), protested against the ...
Tamil Nadu govt enhances retirement age of its employees to 60 yearsChief Minister K Palaniswami made an announcement in the Assembly under rule 110 that the increase will apply to all serving government emp...
After public sector banks reforms, govt set to overhaul PSU appointmentsThe Public Enterprises Selection Board (PESB) has proposed to hold interviews for all jobs of chairman and managing directors of a group of...
Petronet CEO gets 27% salary raise in FY20; search launched for new chief on modified termsSingh, who completes his five-year term as managing director and CEO next month, took home a record Rs 1.8 crore in fiscal 2019-20 (April 2...
Govt plans Rs 8,500 crore VRS for MTNL, BSNLGovt is planning a Rs 8,500 crore VRS for BSNL and MTNL to reduce large pool of their ageing manpower.
Extension denial to SAIL, NTPC heads denting PM Narendra Modi's image: Ex-ONGC chief RS SharmaCriticising government for denying extension to heads of NTPC and SAIL, former ONGC Chairman RS Sharma has said PM Modi's reputation is get...
Petronet CEO not to get extension as union Oil Minister looks for new CEOSources said the ministry is keen to appoint a new MD before Oil Secretary Saurabh Chandra retires at the end of April.
No proposal to reduce retirement age from 60 to 58 years: CentreJitendra Singh ruled out that there was any proposal to fix single retirement age limit policy in all state government's and PSUs in the co...
- Government plans to raise retirement age for sick PSUs' employees
The Department of Public Sector Enterprises (DPE) today said it is formulating a policy to raise retirement age to 60 years for employees o...
- Government may raise retirement age by 2 years in sick PSUs
A senior official in the ministry of heavy industries and public enterprises said the move will benefit over 100,000 employees across 50 ai...
- Move to raise retirement age in PSUs are on revival path
In order to nurse back sick PSUs to health, the government is considering to enhance the retirement age of employees to 60
- Need to improve performance of PSUs: Praful Patel
These companies have shown an overall profit (before tax) of Rs 3,454.40 crore in the first 10 months of the current fiscal.
- Make CEOs of private firms eligible for appointment of PSUs directors: DPE
Chief executives of private firms will be able to join PSU boards as independent directors if the proposal of the Department of Public Ente...
- Govt plans to give CEOs of sick PSUs fat pay hikes
This may sound funny, but the government is serious about giving grand pay hikes to CEOs of sick public sector units (PSUs).
- Govt nod to raise retirement age in PSUs
The government on Thursday empowered ministers to raise the retirement age of employees in profit-making companies under their ministries f...
- Creamy layer at sick PSUs can stick on till they're 65
The government is all set to raise the retirement age of managing directors, CEOs and board level members of sick public sector undertaking...