Category: PSU

NBCC (India) Ltd. has been awarded the contract to construct an Integrated Sports Complex in Dhamnagar, Bhadrak, by the Sports & Youth Services Department of the Government. Valued at approximately ₹50 crore, this project underscores the government’s commitment to enhancing sports infrastructure and promoting athletic excellence in the region. The state-of-the-art complex will feature a…

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By NSB.NewsSanjay Kumar Jha, currently the General Manager of Mahanadi Coalfields Limited (MCL), has been selected for the position of Director (Technical) at MCL. This decision was made during a meeting of the Public Enterprises Selection Board (PESB) on October 8, 2024.

By NSB.NewsThe Public Enterprise Selection Board (PESB) has appointed Rajiv Ashok as the new Managing Director of the National Handloom Development Corporation Limited (NHDC), a Schedule ‘B’ Central Public Sector Undertaking. Ashok was selected from a pool of five candidates interviewed for the position. Currently serving as the Managing Director of the North Eastern Regional…

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NBCC (India) Limited has been appointed to spearhead the SIDBI Vashi Redevelopment Project, with a total estimated cost of ₹142 crore. The scope of work includes the demolition of existing structures, securing various No Objection Certificates (NOCs), and obtaining necessary approvals from local authorities. Key responsibilities of NBCC will also encompass: Conducting pre-construction activities, including…

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By NSB.News NBCC (India) Ltd. has been awarded a significant project to construct permanent office buildings for the Regional Offices (ROs) cum Project Implementation Units (PIUs) of the National Highways Authority of India (NHAI). Valued at approximately ₹101 crore, this initiative will see the development of offices strategically located in seven states: Bhopal, Madurai, Delhi,…

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In a significant development, Atul Bhatt, Chairman and Managing Director (CMD) of Rashtriya Ispat Nigam Limited (RINL), is proceeding on leave until his retirement. In his absence, the additional charge of the CMD position has been assigned to Ajit Kumar Saxena, CMD of MOIL, until a regular successor is appointed. Speculation surrounds Bhatt’s leave, with…

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On September 27, 2024, the Public Enterprises Selection Board (PESB) announced the vacancy for the position of Director (Operations) at Cochin Shipyard Limited (CSL), a Schedule ‘A’ public sector undertaking. The position will become vacant on June 1, 2025, following the superannuation of current Director Sreejith K. Narayanan on May 31, 2025. PESB has called…

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Hindustan Aeronautics Limited (HAL), a critical player in India’s defence industry, is on the brink of receiving ‘Maharatna’ status, following the completion of its proposal review by the Inter-Ministerial Committee (IMC). Currently classified as a ‘Navratna’ public sector unit (PSU), HAL’s elevation would allow for significant operational expansion. The IMC, led by the Secretary of…

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Manish Raj Gupta, currently serving as Executive Director (Works) at ISP, Steel Authority of India Limited (SAIL), has been appointed as the Director (Technical, Projects & Raw Materials) following a Public Enterprises Selection Board (PESB) meeting on September 19, 2024. Gupta was selected from a competitive field of 12 candidates interviewed for the position, reflecting…

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New Delhi: The government has greenlit the privatisation of Ferro Scrap Nigam Ltd (FSNL), selling it to the Japanese corporation Konoike Transport Co Ltd for ₹320 crore. FSNL, a 100% subsidiary of MSTC Ltd under the Steel Ministry, attracted two technically qualified financial bids. The decision was made by an Alternative Mechanism that includes Transport…

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