PSU Firm News

Indian Railway Finance Corporation (IRFC), a large-cap PSU firm that funds railway projects in India. It has delivered a return of 425.71 per cent over the past year. 

"The management of the company has already commenced negotiations with the recognised unions and conciliation proceedings before the Regional Labour Commissioner is in process," Neyveli Lignite Corporation said in a BSE filing.

National Aluminium Company (NALCO), a navaratna public sector undertaking, has achieved its highest gross turnover of Rs 7,774 crore in financial year 2014-15 as compared to Rs 7,024 crore achieved during previous fiscal.

The roadshows will end by last week of November and the stake sale can happen immediately after that or in the first half of December.

The post of Director (Onshore) had been lying vacant since October 2012 when A K Hazarika super-annuated.