Indian Oil, ONGC, NTPC most profitable PSUs in FY18
The Public Enterprises Survey 2017-18, which mapped the performance of central public sector units, revealed that the top ten loss making PSUs claimed 84.71 per cent of the total losses made by all the 71 CPSEs.
Indian Oil Corporation, ONGC and NTPC emerged as the top three most profitable PSUs in 2017-18, according to a survey tabled in Parliament on Thursday.
The three star performers, including Indian Oil Corporation, Oil & Natural Gas Corporation (ONGC) and NTPC, contributed 13.37 per cent, 12.49 per cent and 6.48 per cent, respectively to the total profit earned by CPSEs during 2017-18, the survey revealed.
Coal India and Power Grid Corporation occupied the fourth and fifth spot in the list of top 10 profit making CPSEs (Central Public Sector Enterprises) in the 2017-18 fiscal.
GATE 2019 Scores will be used by Multiple PSUs for Recruitment Processes.
GATE 2019 will be conducted in February 2019. GATE of Graduate Aptitude Test in Engineering is conducted admission to M.Tech. and PhD programs offered at IITs and IISCs. Apart from its function as the eligibility criteria for higher education, GATE scores are also used by several PSUs for recruitment purpose, The government-owned corporations are known as Public Sector Undertakings (PSUs) in India.
In the past, organizations such as Bharat Heavy Electricals Limited (BHEL), Bharat Sanchar Nigam Limited (BSNL), Gas Authority of India Limited (GAIL), Hindustan Aeronautics Limited (HAL), Indian Oil Corporation Limited (IOCL), National Thermal Power Corporation (NTPC), Nuclear Power Corporation of India Limited (NPCIL), Oil and Natural Gas Corporation (ONGC), and Power Grid Corporation of India (PGCI) have recruited candiadtes on the basis of GATE score.
Each PSU announces the recruitment process separately.
- NTPC Recruitment through GATE 2019 Details Here
- MLD Recruitment through GATE 2019 Details Here
- ONGC Recruitment through GATE 2019 Details Here
- NPCIL Recruitment through GATE 2019 Details Here
- POSCO Recruitment through GATE 2019 Details Here
- Power grid Recruitment through GATE 2019 Details Here
- BSNL Recruitment through GATE 2019 Details Here
- GAIL Recruitment through GATE 2019 Details Here
Apart from the PSUs, GATE score is also used for direct recruitment to Group A posts in Central government. The posts for which candidates are recruited on the basis of their GATE score are Senior Field Officer (Tele), Senior Research Officer (Crypto), and Senior Research Officer (S&T) in Cabinet Secretariat, Government of India.
Candidates who are aiming for any of these recruitment should make sure to complete their GATE 2019 application process on time. The last date to apply for GATE 2019 is September 21, 2018. Those who miss the last date can apply till the extended last date, that is October 1, 2018.
Respected Source – NDTV