Which company got Maharatna status in 2020?

“Government of India accorded the prestigious ‘Maharatna’ status to state-owned Power Finance Corporation (PFC), thus giving PFC greater operational and financial autonomy,” the company said in the statement.

How many Maharatna companies are there in 2020?

10 Maharatna companies
List of Maharatna and Navratna: As of January 2020, India has 10 Maharatna companies, 14 Navratna companies in India, and 73 Miniratna companies divided into Category 1 and Category 2.

Which company received Maharatna 2019?

Govt accords ‘Maharatna’ status to Hindustan Petroleum, Power Grid Corp. The government on Wednesday accorded ‘Maharatna’ status to state-owned Hindustan Petroleum and Power Grid Corporation, thus giving them greater operational and financial autonomy.

How many Maharatna companies are there in 2019 in India?

10 Maharatna Companies
There are a total of 10 Maharatna Companies in India. These include NTPC, ONGC, SAIL, BHEL, IOCL, HPCL, CIL, GAIL, BPCL and Power Grid Corporation of India.

Which company get Maharatna status recently?

Power Finance Corporation
Recently, the government has accorded the ‘Maharatna’ status to state-owned Power Finance Corporation (PFC). An order to this effect was issued by the Department of Public Enterprises, under the Ministry of Finance.

How many Maharatna companies are there in 2021?

As of 2021, there are 10 Maharatnas, 14 Navratnas, and 74 Miniratna Companies. There are a total of 348 CPSEs (Central Public Sector Enterprises).

Is ONGC a Maharatna?

Energy major ONGC has been recognized as the ‘Maharatna of the Year (Non-Manufacturing)’ among India’s Best Public Sector Undertakings 2020 by the Dalal Street Investment Journal. … Over the years, it has served as an exclusive platform to recognize the accomplishments of PSUs in India.

Is BSNL a Maharatna company?

BSNL has not been given ‘navratna’ status as it does not fulfil the Department of Public Enterprises’ criteria. The Government on Thursday said that telecom public sector unit BSNL had been accorded the ‘Mini Ratna’ category-I status.

Is BHEL a Maharatna?

Consistent high performance, while operating in a highly competitive environment and fulfillment of the required eligibility criteria has enabled Bharat Heavy Electricals Limited (BHEL) to attain the MAHARATNA status. The Govt. of India has granted the MAHARATNA status to BHEL.

Is Hal a Maharatna company?

As part of the government’s disinvestment programme, state-run Hindustan Aeronautics Ltd (HAL) plans to get listed as one of the Maharatna companies.

Which is the No 1 petroleum company in India?

Bharat Petroleum
Best Oil and Gas Companies In India
S.N. Company Name Location
1 Bharat Petroleum Mumbai
2 Aban Offshore Chennai
3 Aban Offshore Limited Chennai
4 Abhay Ocean India Pvt Ltd Mumbai
Oct 26, 2020

When did CIL get Maharatna status?

April 2011
In April 2011, CIL was conferred the Maharatna status by the Government of India, making it one of the seven with that status. As of 14 October 2015, CIL is a PSU owned by the Central Government of India which controls its operations through the Ministry of Coal.

Is CIL a Maharatna company?

1.1: Coal India Limited (CIL) is a “Maharatna” Public Sector Undertaking under Ministry of Coal, Govt. of India with headquarter in Kolkata, West Bengal. CIL is the largest coal producing company in the world.

Which company got Maharatna status in 2013?

The government today said it has granted Maharatna status to Bharat Heavy Electricals Ltd (BHEL) and Gas Authority of India Ltd (GAIL).

Is BSNL is a Maharatna company?

Seeking greater managerial and operational autonomy, state-owned Bharat Sanchar Nigam Ltd has asked government to accord it a Maharatna status. He added that there is no Maharatna category at present and if conferred, it will be the first company to have this honour in the country. …

Is Bel a Maharatna company?

The Government of India categorizes Central Public Sector Enterprises (CPSEs) under three different categories – Maharatna, Navratna, and Miniratna.

Navratna Companies – List of 14 Central Public Sector Enterprises (CPSE)
Sl.No Central Public Sector Enterprises (CPSE)
1 Bharat Electronics Limited (BEL)

Who is CMD of coal India?

Coal India/CEO

Is included in navratna status?

There are 16 Navratna CPSEs as following:

Engineers India Limited. Hindustan Aeronautics Limited. Hindustan Petroleum Corporation Limited. Mahanagar Telephone Nigam Limited.

Which company has navratna status?

There are 14 Central Public Sector Enterprises that have been designated as Navratna Companies under the Government of India’s criteria.

List Of Navratna Companies In India 2021.
Navratna Companies Price in Rs. PE ratio
Hindustan Aeronautics 1,484.10 15.11
Mahanagar Telephone Nigam 19.85
National Aluminium Company 123.20 14.06
NBCC 49.55 35.38
Oct 18, 2021

Which is better Maharatna or Navratna?

The Maharatna status gives more autonomy and authority to a company than the other categories such as Navratna or Miniratna. … PSUs with Maharatna status can invest 15% of their net worth in a project without prior permission from the Government of India.

What is Mini Ratna status?

Miniratna Category-I status: – The CPSEs which have made profit in the last three years continuously, pre-tax profit is Rs. 30 crores or more in at least one of the three years and have a positive net worth are eligible to be considered for grant of Miniratna-I status.

Is ONGC a navratna company?

IOC and ONGC were among the four navratnas granted the maharatna tag in May. … Only a public listed navratna company, having minimum average turnover of 25,000 crore and net profit of 5,000 crore in past three years is eligible for the status.