By Vivek Avasthi, Author at Indian PSU | Public Sector Undertaking News

Why Would Anyone Join RINL? Tough Question for Ministry of Steel !?!?

By Vivek Avasthi — Sun, 26 Jul 2026 01:30:00 +0000

Rashtriya Ispat Nigam Limited (RINL), already battling financial distress, delayed salaries and an exodus of skilled manpower, is now facing fresh questions over the apparent disparity in service conditions for its Board-level executives. The issue has reignited concerns over whether inconsistent compensation policies could further weaken the PSU’s ability to attract and retain top leadership. …

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RINL Controversies: No One Named for Guest House Misuse. So Why the Anonymous Defence of a Ministry Official?

By Vivek Avasthi — Sat, 25 Jul 2026 01:30:00 +0000

Indian PSU’s recent investigation, “RINL: Are Wrong Priorities Sinking India’s Steel PSU? From ‘Waste to Wealth’ to ‘Wealth to Waste’: While Workers Wait for Salaries, Is Public Money Funding Privilege?” Steel Ministry’s Double Standards on RINL Salaries Raise Serious Questions These articles have indeed raised serious questions about priorities, governance and expenditure in Rashtriya Ispat …

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RINL: Are Wrong Priorities Sinking India’s Steel PSU?

By Vivek Avasthi — Fri, 24 Jul 2026 01:30:00 +0000

At a time when Rashtriya Ispat Nigam Limited (RINL) continues to cite severe financial distress to justify delays in salary payments to employees and austerity measures across the organisation, uncomfortable questions are being raised over its spending priorities. Is the management genuinely committed to financial discipline, or is public money being squandered on expenditures that …

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After indianpsu.com Exposé, RINL Top Executives Remit Back Salary Amounts

By Vivek Avasthi — Thu, 23 Jul 2026 01:30:00 +0000

In a significant development following the publication of an investigative report by www.indianpsu.com, the amounts allegedly credited to the accounts of the Chairman and Managing Director (CMD) and Director (Finance) of Rashtriya Ispat Nigam Limited (RINL) have reportedly been remitted back, intensifying the controversy surrounding payment of salaries to the company’s top management. The indianpsu.com …

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Steel Ministry’s Double Standards on RINL Salaries Raise Serious Questions

By Vivek Avasthi — Wed, 22 Jul 2026 04:30:00 +0000

The Ministry of Steel now finds itself facing uncomfortable questions over what appears to be a glaring contradiction in the handling of salaries at Rashtriya Ispat Nigam Limited (RINL). For months, thousands of employees at the Visakhapatnam Steel Plant have been told that the company’s severe financial crisis necessitated linking their salaries to production targets. …

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Coal Ministry Declines Extension of CIL Director (HR) Vinay Ranjan’s Tenure Beyond July 27

By Vivek Avasthi — Thu, 16 Jul 2026 07:46:52 +0000

In a significant development at Coal India Limited (CIL), the Ministry of Coal has formally communicated the decision of the Appointments Committee of the Cabinet (ACC) not to extend the tenure of Vinay Ranjan, Director (Human Resources), Coal India Limited, beyond July 27, 2026. According to an official communication issued by the Ministry of Coal’s …

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Floods Trigger Major Safety Scare at HPCL Patalganga Plant; Around 3,000 LPG Cylinders Swept Away

By Vivek Avasthi — Thu, 09 Jul 2026 04:35:31 +0000

In a major industrial safety incident triggered by relentless monsoon rains, nearly 3,000 LPG cylinders were swept away from Hindustan Petroleum Corporation Limited’s (HPCL) Patalganga LPG Bottling Plant in Maharashtra’s Raigad district after severe flooding inundated the facility. According to district authorities, the incident occurred after floodwaters entered the HPCL bottling plant located in the …

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N. Franklin Jayakumar Recommended for CMD Post at Northern Coalfields Limited

By Vivek Avasthi — Wed, 08 Jul 2026 07:07:49 +0000

The Public Enterprises Selection Board (PESB) has recommended N. Franklin Jayakumar, Director (Technical) at South Eastern Coalfields Limited (SECL), for appointment as the next Chairman-cum-Managing Director (CMD) of Northern Coalfields Limited (NCL). Jayakumar was selected following interviews conducted by PESB, where a total of 12 senior executives from leading public sector undertakings and government organisations …

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NCL CMD Selection at a Crossroads: Can PESB Restore Its Credibility or Will the Result Deepen the Suspicion?

By Vivek Avasthi — Wed, 08 Jul 2026 01:30:00 +0000

The much-debated selection process for the post of Chairman-cum-Managing Director (CMD) of Northern Coalfields Limited (NCL) has entered its decisive phase this morning as interviews commenced at 8:30 a.m. under the aegis of the Public Enterprises Selection Board (PESB). By late afternoon, when the Board is expected to announce its recommendation, the outcome could determine …

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Is the Match Being Fixed? NCL CMD Selection Under Cloud After PESB Cancels Interviews and Rewrites the Shortlist

By Vivek Avasthi — Tue, 07 Jul 2026 08:30:00 +0000

With the rescheduled interviews for the post of Chairman-cum-Managing Director (CMD) of Northern Coalfields Limited (NCL) set to be held tomorrow, July 08, the selection process remains under intense scrutiny. The unexplained cancellation of the original interviews, followed by a revised shortlist featuring new entrants, has raised serious questions about the transparency and integrity of …

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