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Company name when it was a PSU Privatised/Acquired/Merged (year) Present owner 1: The Madras Aluminium Company Limited (MALCO) 2004: Vedanta Resources: 2: Hindustan Teleprinters Limited: 2001: HFCL: 3: Bharat Aluminium Company: 2001: Vedanta Resources: 4: Hindustan Zinc: 2001: Vedanta Resources (64.92%), Government of India (29.54%) 5: Modern ...
Their goals include increasing exports, reducing imports, fostering infrastructure development, driving economic growth, and generating job opportunities. Each PSU has its own recruitment rules and employment in PSUs is highly sought after in India due to high pay and its job security, with most preferring candidates with a GATE score. [3]
In 2002, it was reported that Kerala government have chosen to either restructure or close the loss-making enterprises and has no plan for privatisation. [5] As per CAG report for 2008-2009, Kerala PSUs lack accountability, and needs improvement for imbibing professionalism and efficiency.
Almost 1 in 4 positions — more than 2,500 jobs -- were empty in the Missouri Department of Corrections late last year, which was twice the pre-pandemic vacancy rate in 2019. Missouri gave state ...
Public Sector Undertaking (PSU) registered under the Companies Act, 1956 Apex cooperative societies registered under the Tamil Nadu Societies Registration Act, 1975 Statutory corporation incorporated and running as per Tamil Nadu Government's Act, Regulations, Rules
Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India.
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