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GOVERNANCE LAPSES IN PSUS
Supreme Court seeks response of Centre, states on PIL seeking 30% quota for women lawyers in govt panelsThe Supreme Court has asked the Centre and all states for their views on a Public Interest Litigation that demands a 30 per cent quota for ...- CAG's BSNL loss estimate from RJIL deal misinterpreted; rectified now: MoS TelecomThe government has rectified a revenue loss estimate concerning Reliance Jio. The Comptroller and Auditor General's initial calculation of ...
- Boardroom gaps widen across state-run corporate giantsPublic sector enterprises are witnessing a concerning omission in governance, with an insufficient number of independent directors being ap...
- FinMin asks banks, financial institutions to promptly report vigilance mattersPublic sector banks and financial institutions must now immediately report vigilance issues concerning their directors. The Finance Ministr...
- CAG estimates on losses to BSNL from RJIL a misinterpretation, correction done: MoS TelecomThe Comptroller and Auditor General of India's initial loss estimates for BSNL due to Reliance Jio were based on a misinterpretation of an ...
- Central Vigilance Commission readies panel of external monitors to keep an eye on tendersThe order notification is expected to be sent from the ministries soon, ET has learnt. On Tuesday, the defence ministry announced the names...
- Percentage of women candidates recommended by PESB to top posts in PSUs abysmally low: Parliamentary panelThe Public Enterprises Selection Board (PESB) has been set up with the objective of evolving a sound managerial policy for Central Public S...
- PSUs get-off corporate governance norm violations with minor penaltiesA study of companies’ secretarial compliance reports shows at least a dozen public sector entities such as Power Grid Corp., NMDC, Oil Indi...
- Vizhinjam agreement: Oommen Chandy writes to CAG citing 'lapses' in its findingsPointing out the "lapses" and "mistakes", the Congress leader demanded a scrutiny of the CAG report, which was recently tabled in the state...
- Bill for fast-tracking nuke power projects likely this sessionHowever, sources said, the Nuclear Safety Regulatory Authority (NSRA) Bill may not be presented before Parliament even in this session.
- CPI(M) asks Centre to review its 'anti-worker' policiesThe All India Kisan Sabha (AIKS) claimed the September 2 strike was a 'timely action that exposed anti-worker and peasant 'character of the...
- Government to allot coal mines to PSUs todayAfter two rounds of auctioning of coal blocks for private companies, the government will today allot mines to central and state PSUs.
- Government all set to auction 15-20 coal mines next monthThe government is all set to auction another set of 15-20 coal blocks next month following passage of the coal mines bill in Parliament.
- Centre pins hopes on spectrum auction, divestment in Q4 to meet fiscal targetRevenues from spectrum auction and disinvestment are due in 3 months, a finance ministry official pointed out, but admitted a cut in plan s...
- Maharashtra didn't ensure accountability of investment in PSUs: CAG"The company did not correctly assess the requirement of water and paid water charges of Rs 2.06 crore for undrawn," the report said.
- Egyptian government puts Indian companies in a spotIndian ambassador Navdeep Suri's efforts to intercede with the authorities for resolving the issues have been frustrated by the Indian oil ...
- Plan for swift action against PSU officials for wrong doingsThe proposal is a part of the recommendations made by the government-panel chaired by former SAIL Chairman S K Roongta.
- PSU directors' selections to be simpler, time-boundThe government is making the procedure of the appointment of independent directors in PSUs simpler and time-bound.
- Divestment to make a comeback after 5 yrsWith Man and his men firmly in the saddle and hindrances out of the way, divestment is back on the drawing board.
- Get listed before approvals lapse: Disinvestment secretaryWith the market showing signs of a revival now, the new government may put the disinvestment programme back on the agenda.So, the ET talked...
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