Of the 19 CPSE under DHI, based on MoU Rating for FY 2015-16, only 03 of these CPSEs have got 'Very Good' rating. Of these 03 CPSEs, CMDs of 02 of them are under suspension and facing CBI investigations. While Engineering Projects of India (EPI) CMD S P S Bakshi was recently arrested by CBI and Bridge & Roof Co. (India) Ltd CMD M K Singh is too under suspension while Rajasthan Electronics & Instruments Ltd (REIL) CMD has been running the show successfully with 'Very Good' rating.
It is worth noting that BHEL, the biggest CPSE (Maharatna) under DHI, has started showing brighter prospects by the way of improved performance and business diversification after it came out of a long period when it suffered on account of critically important posts of CMD & Directors remaining vacant last year.
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Travails of DHI CPSEs
By IndianMandarins - 2017-04-05 08:26:07
Of the 19 CPSE under DHI, based on MoU Rating for FY 2015-16, only 03 of these CPSEs have got 'Very Good' rating. Of these 03 CPSEs, CMDs of 02 of them are under suspension and facing CBI investigations. While Engineering Projects of India (EPI) CMD S P S Bakshi was recently arrested by CBI and Bridge & Roof Co. (India) Ltd CMD M K Singh is too under suspension while Rajasthan Electronics & Instruments Ltd (REIL) CMD has been running the show successfully with 'Very Good' rating.
It is worth noting that BHEL, the biggest CPSE (Maharatna) under DHI, has started showing brighter prospects by the way of improved performance and business diversification after it came out of a long period when it suffered on account of critically important posts of CMD & Directors remaining vacant last year.
