PSU’s are government owned corporation state-owned enterprise created by a government to undertake commercial activities on BEHALF OF INDIAN GOVERNMENT. Several Public Sector undertaking under the aegis of Government of India regularly provides tremendous employment opportunities in various TECHNICAL and MANAGEMENT areas. We provide exclusive classroom programe and Well Design Postal Study Material.
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Maharatna is the status given to top public sector enterprises where the company have the authority to make foreign investments of upto Rs 5,000 crores without taking government approval. To be qualified as Maharatna the company should gain an annual net profit of over Rs.5,000 crores, net worth of Rs. 15,000 crores and turnover of Rs. 25,000 crores over past three consecutive years. At present there are four companies having Maharatna status namely: SAIL, ONGC, NTPC, and IOCL
At present the total number of PSEs having Navratna status has been raised to fifteen. To be qualified as a Navratna, the company must obtain a score of 60 out of 100 based on six major parameters. The Navratna status gives privileges to enhance financial and operational autonomy and empowers to invest up to Rs. 1000 crores or 15% of their net worth on a single project without seeking government approval. In a year, these companies can spend up to 30% of their net worth not exceeding Rs. 1000 crores.
BHEL, BPCL, HPCL, PCL, HAL, BEL, BSNL, HCL, ISRO, DRDO, NHPC |
