#CPSEs

[meetdrvinay]

Public Enterprises And Changing Scenario. Edited by Vinay K Srivastava @idrvinay and Prof Nageshwar Rao #PublicEnterprises #CPSUs #psu #cpses #disinvestment #privatisation #reforms #economicreform https://www.indiamart.com/proddetail/public-enterprises-and-changing-scenario-books-15280883512.html https://www.instagram.com/p/CjAqmraPtDG/?igshid=NGJjMDIxMWI=

[townpostin]

XLRI Jamshedpur to Host "HR for the Greater Good" Conclave on August 26-27

National event for CPSEs to share transformative experiences in HR practices The conclave aims to explore HR’s role in advancing sustainability, ethics, and employee well-being in organizations. JAMSHEDPUR – A national HR conclave focusing on corporate sustainability and social responsibility will be held at XLRI Jamshedpur this August. The "HR for the Greater Good" Conclave is scheduled for…

[foster-the-world]

Not helpful

I get the kids ready for school while my husband gets ready for work. Then he walks all three the one block to school on his way to the office. The girls are fine obviously. They get so excited to see their friends as if they hadn't just seen them the night before. Its nice to see. Baby boy is often unregulated. Running ahead, bumping into things, randomly laying on the ground. If I take him alone he walks calmly while holding my hand. Something about being with his sisters makes him act up.

This morning this older Jamaican women goes up to them and starts giving baby boy a talking to. "I see you giving your Dad trouble. You need to stop that. When you get older you are going to make him sad." WTF? Who the hell tells a 3yo they will make their Father sad when they grow up. Then she tells my husband "you need to take things away." Tells baby boy whose generally ignoring her and flailing around, per the usual "he's going to take away your TV." This got his attention. "I like a tiny TV. Don't take it away." He says tiny in place of a small amount and I love it so much. Anyway, just another non helpful bit of parenting advice from a random stranger. Glad it was my husband and not me.

In cuter news baby boy was looking at a book of animals. He said he wanted to pet a large snake. I said won't you be scared. His response "No, I'll have my sisters with me." What a sweet, sweet boy who knows his sisters have his back.

His teacher told me that he finished lunch first and she knew she needed to do something to keep him entertained. So she lets him put on his favorite police costume. She tells the rest of the class that baby boy is in charge. The kids apparently loved it and baby boy took his duties very seriously.

The social worker and CPSE lady came to watch baby boy/put together some ideas to help him. His teacher said he's doing really well but they are very glad to have "a little extra support" as she put it. I get the feeling everyone loves him but he does take up more then his fair share of their time. I'm glad to have the private special ed teacher coming seven hours a week. At least the teachers can take a break then. Then he'll be in individual OT and speech sessions another two hours a week. Combine that with lunch, nap and recess where he behaves just fine. They've got most of the day covered.

[manofmanytastes]

Princess Diana hitting the ski slopes in Lech, 1994 ⛷ https://instagr.am/p/CpSE-NptBWJ/

[wmvistas22]

NECESSARY OILING!

The government is planning to invite top global oil and gas giants to bid for its stake in ONGC. The

petroleum ministry plans to approach the multinational companies and their investment bankers

after the union cabinet clears strategic disinvestment of the ONGC.

These sales are a priority of the government as it fears that the fiscal deficit may widen.

The deficit stood 45.5% above the target of Rs 7.96 lakh crore within the first nine months of FY22.

India’s fiscal deficit stood at Rs 11.6 lakh crore at the end of 2022.

Finance Minister Nirmala Sitharaman had in her previous budget for 2021-22 set a target of raising

Rs 2.1 lakh crore from privatisation and sale of minority stakes in state-owned companies. This

includes Rs 1.20 lakh crore from selling stake in CPSEs and Rs 90,000 crore from stake sale in

financial institutions.

TASK IN HAND:

Disinvestment department DIPAM is working out a plan to offload the entire government equity of

68.94 per cent in the ONGC to a strategic partner.

You are the Finance Head of DIPAM and have to propose a plan to the investors.

• Snapshot and Benefits of Deal structure

• Strategies to improve company’s position.

• Future Plans of Expansion

Hint: You have 3 options:

Merger with a State owned oil company.

Selling stake to Foreign Investors

Selling stake to Domestic Investors

Preparation time - 15mins

PPT requirement - 5-6 slides

Presentation Time - 3-5 minutes each

Mail your PPTs to wm.vistas22keng@gmail.com

Submit the PPTs by 10:45 max.

[newsriveting]

Steel ministry in coordination with SAIL organized ‘Swachhata Run’

Representational image Team News Riveting New Delhi, September 22 Ministry of Steel in coordination with Steel Authority of India Limited (SAIL), a Maharatna CPSE, organized a ‘Swachhata Run’ at Nehru Park in New Delhi. The event was led by Sandee Poundrik, Secretary, Steel. Amarendru Prakash, Chairman, SAIL, senior officers from the Ministry of Steel and SAIL along with a large number of…

[tfgadgets]

NLCIL signs power usage agreement with Telangana for supply of 200 MW of solar power

Central Public Sector Enterprise (CPSE) NLC India Ltd (NLCIL) has signed a power usage agreement with Telangana State Distribution Companies (DISCOMS) for supply of 200 MW of solar power at a competitive and affordable price under the Central Public Sector Undertaking (CPSU) scheme for 25 years. According to an official release, the company’s solar project is set to generate around 1,300 crore…

[samycaree]

NDIS Registered Providers

A recommendation from the NDIS review that all services providers should be formally registered has worried some parts of the disability community. Some say it’s a good move that will safeguard participants, while others fear mandatory registration will reduce choice and control in their lives.

DAACCS has walked alongside their participants through the NDIS system in the ACT since 2013. Their person-centred practice approach and flexible model helps them tailor supports to your individual needs.

MCT Care

MCT Care is a disability support service provider located in Isabella Plains and Tuggeranong, ACT. They are a registered NDIS registered providers Canberra offering a range of disability support services including:

They are dedicated to providing quality support for participants. They work with their participants to develop a support plan that meets their goals and lifestyle. They also work to create a supportive environment and build their skills.

MCT Care’s disability support services are based on the principles of integrity, respect and responsibility. They believe that every participant deserves a life of freedom and independence. They have a team of cultivated and qualified care professionals who are committed to making a difference in the lives of their participants.

Access Lifecare

For individuals with a disability, finding the right NDIS service provider is essential. The ideal NDIS service provider will respect their choices and help them achieve goals outlined in their plan. This will allow the individual to live their life the way they want to.

In addition, they will work with individuals to create an individualized support plan that meets their needs and objectives. Their staff is highly qualified and experienced in working with people who have a disability, as well as providing specialised support for families and carers.

Hope Plus Support Services is a Canberra-based NDIS service provider that offers a variety of disability support services. Their team is made up of cultivated and qualified carer who are willing to take the time to get acquainted with each one of their participants.

DAACCS

DAACCS is a specialist NDIS provider that offers disability support services. They work with their clients one-on-one to create a plan that fits their needs and lifestyle. They use a person-centered approach and provide flexible in-home and community support.

They also offer a wide range of in-home support options, including Capacity Building and Increased social and community participation. These services are tailored to each individual’s goals and work with their existing skills and strengths.

The CPSE NDIS service directory is a comprehensive list of local providers in Canberra. The listing includes basic certification standards, a description of their services, and contact information. The site also allows you to review customer feedback on Riotact and Facebook. This will help you select the best NDIS providers for your needs.

Capital Region Community Services

The team at CRCS is committed to creating inclusive, connected communities. They work with a variety of partners to develop programs, services and activities that address local needs. They also focus on building community connections and reducing social isolation.

DAACCS is a provider of disability support services in Canberra. They offer a variety of disability supports and products to meet the needs of their clients. These include personalised assistance, community group activities and customised employment services.

Getting to know each client one-on-one is key to their approach at Focus Care. Their staff is highly qualified and experienced. They also undergo background checks and have current AHPRA registrations. They are committed to providing individualised support and work with their clients’ strengths to achieve their goals.

Communities@Work

The National Disability Insurance Scheme (NDIS) provides funding for supports that can help participants gain more time with family & friends, greater independence, access to new skills, jobs or volunteering opportunities, and improved quality of life. NDIS registered service providers offer a range of disability support services, from basic needs to complex assistance.

NDIS Service Providers work closely with the participant and their supports to develop a person-centred plan that meets their goals, aspirations and unique circumstances. They also offer community-based programs that focus on independent skill building in small groups.

When selecting an NDIS registered provider, look for a service that is flexible and able to work within the constraints of the plan. Also, ensure that the provider follows privacy rules and will not share your personal information with anyone without your consent.

[dhallblogs]

Govt. changes regulations to permit land leasing by coal PSUs to commercial coal miners.

New Delhi: The Ministry of Coal has modified the policy guidelines for coal PSUs so that, if the area of the coal block secured by the latter under the commercial coal mining regime overlaps with land whose ownership rests with these Central Public Sector Enterprises (CPSEs). They may lease portions of land and grant mining rights to commercial coal miners. The Ministry of Coal discovered that numerous of the coal mines and blocks it has allotted overlap with areas that have been purchased and vested in government businesses, according to an official order dated July 29.

ALSO READ MORE-https://apacnewsnetwork.com/2024/07/govt-changes-regulations-to-permit-land-leasing-by-coal-psus-to-commercial-coal-miners/

[johnthejacobs]

Goa Shipyard Share Price on an Upward Trajectory

Introduction

Goa Shipyard Limited (GSL) has recently seen a significant upward trajectory in Goa Shipyard Share Price. This increase reflects the company's robust performance, strategic initiatives, and favorable market conditions. In this article, we explore the factors contributing to this rise in Goa Shipyard Share Price and what it means for the future of GSL. Goa Shipyard Ltd (GSL) is a leading shipyard specializing in the construction of medium-sized sophisticated vessels for the Indian Navy, Indian Coast Guard, and other clients. Located in Vasco da Gama, Goa, on the southern bank of the Zuari River, GSL operates as a Central Public Sector Enterprise (CPSE) under the administrative control of the Ministry of Defence's Department of Defence Production, with 98.3% of its shareholding held by the Government of India.

GSL has the capability to design and build advanced, high-technology ships to meet the maritime security needs of India and its allies. The shipyard boasts an in-house R&D unit equipped with state-of-the-art CAD/CAM facilities using world-class AVEVA Marine and FORAN software, recognized by the Department of Scientific and Industrial Research (DSIR), Ministry of Science & Technology, Government of India.

Over the past six decades, GSL has designed, built, and commissioned a wide array of sophisticated vessels for both defense and commercial sectors, with a particular expertise in modern Patrol Vessels made of steel, aluminum, and composite (GRP) hull structures. To date, GSL has built and delivered 227 ships and 157 GRP boats. Its key clients include the Indian Navy, Indian Coast Guard, ONGC, Madras Port Trust, and the governments of Sri Lanka, Myanmar, and Goa.

Founded by the Portuguese on November 26, 1957, as 'Estalerios Navais de Goa,' Goa Shipyard Limited has been operating under its own Board of Directors since September 26, 1967. Today, it remains a CPSE under the Ministry of Defence's administrative jurisdiction.

Company Overview

A Legacy of Excellence

Goa Shipyard Limited, a premier shipbuilding company in India, has a rich history dating back to its establishment in 1957. Initially set up to build barges and fishing trawlers, GSL has evolved into a leading manufacturer of high-quality naval and commercial vessels.

Diverse Product Portfolio

GSL's diverse product portfolio includes:

Naval Ships: Frigates, corvettes, and patrol vessels.

Commercial Vessels: Offshore supply vessels, cargo ships, and passenger ferries.

Repair and Maintenance: Comprehensive services for various types of vessels.

The company's ability to deliver advanced and reliable maritime solutions has earned it a strong reputation both domestically and internationally.

Factors Driving the Share Price Increase

Strong Financial Performance

One of the key factors behind the upward trajectory of GSL’s share price is its strong financial performance. The company has reported impressive revenue growth and profitability, underpinned by a steady flow of orders from the Indian Navy and other maritime entities. Consistent financial results have boosted investor confidence, contributing to the share price rise.

Strategic Initiatives

GSL's strategic initiatives have played a crucial role in its success. These include:

Expansion of Production Capabilities: Upgrading and expanding shipbuilding infrastructure to enhance production capacity and efficiency.

Innovation and Technology: Investing in cutting-edge technology and research to develop advanced maritime solutions.

Global Outreach: Strengthening international partnerships and exploring new markets to expand its global footprint.

These strategic moves have positioned GSL as a competitive player in the global shipbuilding industry, further driving up its share price.

Favorable Market Conditions

The current market conditions have also been favorable for GSL. Increased defense spending and a growing focus on maritime security have driven demand for naval vessels. Additionally, the overall bullish sentiment in the stock market has created a conducive environment for the company's share price growth.

Future Prospects

Continued Growth and Expansion

Looking ahead, GSL is well-positioned for continued growth and expansion. The company’s strategic plans include further enhancement of its production capabilities, development of new and innovative products, and expansion into new markets. These initiatives are expected to drive sustained revenue growth and profitability.

Potential Challenges

Despite the positive outlook, GSL faces potential challenges that could impact its future performance. These include regulatory changes, economic uncertainties, and increased competition. However, the company’s strong fundamentals and strategic approach are expected to help mitigate these risks.

Conclusion

The recent rise in Goa Shipyard Limited's share price is a testament to the company’s robust performance, strategic vision, and favorable market conditions. As it continues to navigate the evolving market landscape, GSL remains well-positioned to achieve further success and deliver value to its shareholders. Investors and market watchers will undoubtedly keep a close eye on the company’s progress as it moves forward.

[foster-the-world]

Maddening

We are super lucky to live in NYC where special ed services are much more robust then most of the country. And yet its still a maddening process.

We got back his CPSE report. It felt pretty brutal to read. Some of it feels so off baseline from what we see. The fine motor skills/sensory issues are accurate - he has trouble controlling his body 100%. They claimed he can't name body parts, can't build with blocks, can't speak with more than one word. All things he's been doing for ages. Last week his teacher told me he built a big castle with magnatiles. Put him in 1 percentile scores for various things. On some things said he is 78% delayed. On another said he as at the level of a 11 month old. An 11 month old can't even walk!

Talked with a special ed consultant this morning. She said I need to accept his baseline is the report and not how he acts in his safe place around us. Which I don't really understand. Or maybe I would if he only did those things for us but he does these things with various people. At the park he interacts/talk with kids all of the time. He learned his letter, letter sounds, colors, shapes, etc, etc at daycare with other people. He's friendly with strangers regularly after an initial period of shyness. He met his father for the first time since he was a baby this weekend. I warned his father he will be shy for the first ten minutes - if you give him space he'll then open up. He did exactly that including talking in full sentences after the first ten minutes. The psych met with him for 45 minutes. The speech evaluator for 20 minutes and the OT for 20 minutes. The report from his school was positive. It said he is a quiet, happy child who interacts regularly with his peers and makes eye contact. Although that was also from a social worker who came in to evaluate him for only thirty minutes because his main teacher is on emergency leave. So I don't have a lead teacher I can ask.

The special ed consultant said we should go for the special ed school. She recommended I call around to see if any have any spots. A few places said they have wait list so those are out. A few places refused to tell me if they had wait list or not until after our IEP meeting. Why would that be secret information? IEP meeting is Nov 1. Of course, none of the schools would give us a tour. The consultant said we need to stay open to the idea that special ed is the best for him. How can I do that when they won't even let me take a tour??? I could tour/visit every gen ed public school in the freaking city before deciding But no tour of a special ed school? How does that make any sense?? The special ed consultant said we can always put him in and then the special ed school will tell us if he does not need to be there. Of course, its not that easy. He's gen ed school has a wait list of 80. They will fill his spot the second he leaves.

The other option is getting a special ed masters degree (SEIT) teacher to sit with him for two hours a day in his current school. It will also include three times thirty minutes of OT, PT and speech per week. So he will have individual/specialized care for 14.5 hours a week. The class naps for five hours a week. He's in school for 30 hours per week. So 19 hours out of 30 he'd have individualized care or be asleep. Which feels like a big jump from the two thirty minutes OT sessions PER MONTH I had to BEG for up to this point. I'll keep him in the private pay OT two times per week until I feel comfortable that what he's getting at school is adequate.

His current class has three teachers for 15 kids so a better ratio then the special ed class. The special ed class would most likely have 12 kids for two teachers. Assumingely, they would be kids with higher needs. There are classes with eight kids and two teachers we could ask for but those kids would have more severe needs so it doesn't feel helpful. One of the teachers would have special ed degree - which obviously would be nice. From pictures online the building/spaces at these school did look nicer but hard to tell without a tour? I'm fine with our current school's facilities but they aren't fancy. We do have a really nice playground area. Some of these special ed places did look fancy. Apparently there are a few places with inclusive classrooms for 3K but they are impossible to get a spot in for this year. Maybe if I start fighting now for next year??

Of course, finding the SEIT teacher who's not already booked could also be difficult. I've started calling around. You are supposed to wait for the IEP meeting but I want to know if finding one is even a possibility. Sitting around waiting is not doing him any favors. I don't trust the CPSE team to find him someone within any reasonable time frame. At this point I doubt he'll start services until December 1st and that's with me pushing every step of the process.

Anyway, I've mostly decided I need to go with my gut and try to get the SEIT. I think the consultant and the CPSE people will think I'm a person who doesn't want my kid to have a diagnosis and/or a mom in denial. I'm going to have to be okay with that. I know myself well enough to know that I'm not going to deny my kid services because I don't want him to have some label. I'm fine with labels. In fact, I love labels that will get him services he needs. I'm cheap. I don't want to pay for OT. If he gets a SEIT we will get an expert who can see him interact with his peers and give us their honest advice. We can always put him in a special ed school for 4K. It will be easier to find a spot then, anyway. If we start getting negative reports from school we can reevaluate.

I keep remembering my friends advice to wait it out. As he ages will see more of what issues are three year old based and what sticks around. He's happy and he's making friends. That's what matters to us.

[businessnewsupdates]

Sensex Rises 2.46%, Nifty Gains 560 Points in Morning Trade

In a remarkable recovery following the announcement of the Lok Sabha election results, India’s domestic stock market indices Sensex and Nifty showed significant gains on Wednesday, May 5. Opening nearly 1% higher, both indices extended their upward momentum throughout the morning trade.

Key Highlights:

Sensex Performance: The Sensex surged by 2.46%, climbing 1,772.04 points to reach 73,851.09 by 11:30 am. It had opened at 73,027.88, marking a 1.32% increase from the previous close of 72,079.05.

Nifty Performance: The broader Nifty index jumped 2.56%, gaining 560.5 points to hit an intraday high of 22,445, following a gap-up opening of 243.85 points, or 1.11%.

This strong performance comes after a tumultuous day on Tuesday when the Sensex dropped by 4,389.73 points (5.74%) to close at 72,079.05, and the Nifty 50 fell by 1,379.4 points (5.93%) to close at 21,884.5. The declines were attributed to the Bharatiya Janata Party (BJP) failing to secure a majority in the general elections, securing only 240 seats.

Market Sentiment:

V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, noted, “The market will take some time to absorb the unexpected election results. Stability will return to the market soon but volatility will continue till there is clarity on the cabinet and the key portfolios. A sharp rebound in the market is unlikely in the near term but sectoral preferences might change.”

Volatility Eases:

The volatility index, India VIX, which had surged by 51% to 31.71 during Tuesday’s intraday trades before closing at 26.75, further eased to 19.45 on Wednesday, indicating a reduction in near-term volatility.

Market Outlook:

According to a report by Axis Securities, “The National Democratic Alliance (NDA) will form the Modi 3.0 government with coalition partners. With this, the market will likely gain confidence in the political stability as well as the policy stability. Some positive recovery is hence expected going forward.”

Sector Performance:

Recoveries: Nifty PSE and Nifty CPSE, which saw significant declines of 16.38% and 15.04% respectively on Tuesday, managed to recover some losses, falling by only 0.67% and 0.55% respectively.

Top Gainers: NSE firms that showed significant gains included Tata Consumer Products (6.30%), Hindustan Unilever (6.06%), Hero MotoCorp (6.46%), Mahindra & Mahindra (6.01%), and Asian Paints (4.71%).

The market’s reaction underscores the resilience and adaptability of investors, reflecting a cautious optimism as the political landscape begins to stabilize.