Maharatna Companies

CPSEs could be downgraded if performance worsens

This would impact greater operational and financial autonomy to the HAL's board, allowing it to make project investments up to Rs 5000 crore without seeking government approval

The hike will come into effect retrospectively from April 2020, said a release from the Chief Minister's Office (CMO)

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As such, at present, there are five Board level posts in CIL including CMD

The officers union was not opposed to private competition but they should not be handed on a platter assets set up over years.

How board compositions and tenures are costing PSUs their leadership