Housing and Urban Development Corporation limited (HUDCO) was presented the ‘legend PSU of the Year Award — 2014’ by NewsInk under ‘legend PSU Shining Award — 2014,” while its chairman and managing director, M Ravi Kanth, was awarded the ‘legend CMD of the Year Award — 2014.’ These awards are an initiative of PSU Khabar, a news portal in PSU segment.
Each year, awards are given for special drive, efforts and results obtained by the PSUs under 21 different categories. Indian public sector undertakings have been playing a vital role towards the development of the nation since Independence. PSU Khabar has started this initiative as a tribute to the contributions made and excellence achieved in public services especially by the PSUs in building a strong India.