Public Sector Undertaking (PSU) companies are the primary select of every Engineer in India. Getting a job in a reputed PSU is just like a dream come true. The Government of India has given certain titles to several PSU companies out of which one of them is NAVRATNA. In Indian mythos, Navratna is an amalgamation of two words i.e. Nav (Nine) and Ratna (Gems). Consequently, Navratna means Nine Gems.
Bharat Broadband Network Limited is a Telecom Infrastructure Provider underneath the Government of India. It falls under the Telecom department of Government of India. Frequently termed as Special Purpose Vehicle (SPV), it was incorporated under companies act 1956. BBNL was brought into being with a determination to establish, manage and operate National Optical Fiber Network (NOFN).
With over 3,994 employees as in 2013, Gas Authority of India Limited, a Maharatna Company, is the leading state-owned natural gas producing and dissemination company in India. The company was brought into being in 1984 and it’s headquarter is situated in New Delhi.
Oil India Limited is a Public Sector Undertaking (PSU) oil and natural gas company possessed and managed by the Government of India. The Government of India honored it with the status of Navratna Company. It falls beneath the Ministry of Petroleum and Natural gas. It was brought into being on 18 February 1959.
Bharat Petroleum Corporation Limited is a state-owned Maharatna company under the Government of India. Company headquarter is located in Mumbai. The company chiefly deals in Oil and Gas products such as Petroleum, Natural Gas and other petrochemicals. In 2015, the company engendered a revenue of ₹2, 40,367 crores with operating income and net income of ₹9,777 crore and ₹5,082 crore correspondingly.
PSU recruitment & revised Pay scales
After the implementation of 2nd Pay revision committee report for PSU in India, the total salary of executives of Public sector employees got increased tremendously. And 3rd PRC is also going to implement very soon, which may further increase the salary of PSU employees by around 15%.