PSU NEWS
PTC India Fin Services MD sent on leave over controversy
New Delhi: PTC India Financial Services Managing Director & CEO Pawan Singh has been sent on leave four months ahead of his superannuation in October this year. The unceremonious move was taken in light of persistent allegations of corporate misgovernance. This action has been the result of RBI's intervention in the matter.
Read Also : NLCIL signs MoU with IIM Calcutta
Newly appointed Director (Finance) Mahendra Lodha will take over the responsibilities of the MD & CEO till the appointment of a regular MD & CEO.
Read Also : IREDA to Raise Approx Rs 4500 Cr Through Fresh Equity IssueNews Must Read
- India’s Largest Bank, SBI raised Rs. 7,500 cr
- Indian Bank raises Rs. 5,000 Crores through issuance of Bonds
- NLCIL plans three fold increase in its total power generation capacity by 2030
- DVC enters into financial collaboration with State Bank of India
- IREDA Signs MoU with SJVN and GMR for 900 MW Hydropower Project in Nepal
- IREDA Signs MoU with SJVN and GMR fo Hydro Project in Nepal
- SJVN CMD visited 1320 MW Buxar Thermal Power Project
- Petroleum Minister Hardeep S Puri Highlights India’s Bioenergy Progress
- NBCC bags orders worth Rs. 182.50 Crore
- OMCs increases price of 19 kg commercial LPG cylinder by Rs 39