Category: PSU BUZZ

Barenya Senapati has taken on the role of Director (Finance) at Hindustan Aeronautics Limited (HAL)

Barenya Senapati has taken on the role of Director (Finance) at Hindustan Aeronautics Limited (HAL) as of today. A Fellow Member of the Institute of Chartered Accountants of India, Senapati brings 31 years of extensive experience in finance to his new position. His expertise is expected to contribute significantly to HAL’s financial strategies and operations.

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Tapas Kumar Pattanayak Selected as Director (HR) of NALCO

Tapas Kumar Pattanayak, currently serving as Executive Director (HR) at Indian Oil Corporation Limited (IOCL), has been chosen to become the Director of Human Resources at National Aluminium Company Limited (NALCO). The decision was made during the Public Enterprises Selection Board (PESB) meeting on October 21, 2024, where Pattanayak stood out among 12 candidates interviewed […]

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PFC and BEML Sign MoU to Enhance Collaboration in Infrastructure and Defence Sectors

New Delhi– Power Finance Corporation (PFC), a Maharatna Company and a leading Non-Banking Financial Company (NBFC) in the Indian power sector, has signed a Memorandum of Understanding (MoU) with BEML Limited, a Schedule ‘A’ Public Sector Undertaking (PSU) under the Ministry of Defence. This partnership aims to enhance collaboration in the financing and development of […]

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Alok Verma to Lead Rourkela Steel Plant (RSP) as Director In-Charge

Alok Verma, the Executive Director at Steel Authority of India Limited (SAIL), has been selected as the Director in-charge of Rourkela Steel Plant (RSP). His appointment was confirmed at the Public Enterprises Selection Board (PESB) meeting held on October 17, 2024. Verma was chosen from a pool of 12 candidates who were interviewed for the […]

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Abhishek Ranjan Takes Additional Role as CVO of Bharat Dynamics Limited

Abhishek Ranjan, the Chief Vigilance Officer (CVO) at Garden Reach Shipbuilders & Engineers Limited (GRSE), Kolkata, has been assigned an additional charge as the CVO of Bharat Dynamics Limited (BDL), Hyderabad. This additional responsibility will continue until November 30, 2024. Ranjan is an officer from the 2008 batch of the Indian Ordnance Factories Service (IOFS).

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PFC Infra Finance IFSC Limited to commence operations – Receives approval from IFSCA

PFC Infra Finance IFSC Limited (PIFIL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has received approval from International Financial Services Centres Authority (IFSCA) to commence business as a Finance Company in IFSC GIFT City Gujarat. PIFIL, part of India’s largest non-banking financial company (NBFC) group, will be the first finance company in […]

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Amit Kumar Appointed as CMD, AI Assets Holding Ltd

Amit Kumar, currently the Executive Director (ED) of ONGC, has been selected as the Chairman-cum-Managing Director (CMD) of AI Assets Holding Limited (AIAHL) during a Public Enterprises Selection Board (PESB) meeting on October 14, 2024. AI Assets Holding Ltd. is responsible for managing the non-core assets and liabilities of Air India following its privatization. Kumar […]

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