Category: PSU

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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By NSB.NewsGunjan Kumar Sinha is poised to become the next Director (Personnel) of Eastern Coalfields Limited (ECL), a public sector undertaking under the Ministry of Coal. His appointment comes after a recommendation from the Public Enterprises Selection Board (PESB) panel on Friday. Currently serving as General Manager at Coal India Limited (CIL), Sinha emerged as…

Read More “Gunjan Kumar Sinha Recommended as Next Director (Personnel) of Eastern Coalfields Limited” »

By NSB.News The Public Enterprise Selection Board (PESB) has selected Brijendra Pratap Singh for the role of Chairman-cum-Managing Director of the National Aluminium Company Limited (NALCO), a Schedule ‘A’ Central Public Sector Undertaking. Singh, who is currently serving as Director in-charge of the Burnpur and Durgapur Steel Plant at Steel Authority of India Limited (SAIL),…

Read More “PESB Appoints Brijendra Pratap Singh as CMD of NALCO” »

By NSB.News According to well-placed sources, the New Delhi establishment is considering former Union Secretary Ali Raza Rizwi (Retd IAS: 1988: HP) for the position of Member on the Public Enterprise Selection Board (PESB). This role has been vacant since Sailesh (Retd IAS: 1985: AM) completed his term several months ago. Rizwi, who retired as…

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By NSB.News Sanjeev Gupta, the Head of Department and Chief General Manager (Civil Design) at SJVN, has been appointed as Member (Civil) of the Narmada Control Authority (NCA). This new role will see Gupta bringing his extensive experience in civil design and project management to the NCA, where he will contribute to overseeing and coordinating…

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