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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 ...
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 1951, there were five PSUs under the ownership of the government. By March 2021, the number of such government entities had increased to 365. [4]
During the fiscal year 2016-2017, PSUs in Kerala incurred a net loss of ₹80.67 crore. According to Kerala's state industrial department, the PSUs had a combined net profit of ₹ 106.91 crore in 2017-2018; there were total 42 PSUs. [9] In 2018–19, 17 PSUs had registered operational profit, according to the state industrial department. [10]
Despite recent layoffs at Twitter, Snapchat, Cameo, Peloton and other companies, there were still organizations that managed to bring on lots of people to their workforce in 2022. The unemployment...
This includes the state-run PSUs, Statutory corporations and co-operative societies. These commercial institutions are vital to the economic growth of this state. They generated a revenue of ₹425350.7 million for the fiscal year 2008–09. [1] Following is the list of various governmental agencies of the state. [2]
Public Sector Undertakings (PSUs) are government owned establishments, which are established and owned by the Government of India or State governments of India.The public sector undertakings are established either by nationalisation or an executive order in case of union government and state government or act of parliament in case of union government and act of state legislature in case of ...
Seasonal hiring events will take place between Oct. 21 and Oct. 23 for full- and part-time positions. Additionally, the company is planning on giving out hiring bonuses of between $100-$400 this year.
Major disinvestment steps were taken in the past by the BJP-led NDA government between 1999 and 2004. BJP privatised the central government establishments such as central public sector units which included Bharat Aluminium Company (BALCO), Hindustan Zinc [4] (both to Sterlite Industries), Indian Petrochemicals Corporation Limited [5] (to Reliance Industries) and VSNL [6] (to the Tata group ...
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