PSU
PSUs on sale: Workers take to street to protest Modi govt’s privatisation bid
PSU Disinvestment: Central trade unions have opposed the Modi government's proposal to shutdown the State Trading Corporation and Project & Equipment Corporation.
Govt forms pay revision panel for PSU executives
Government today said it has constituted a committee for making recommendations on revision in pay scale...
Infratweets: Green surge
Wind power generation capacity has increased by 3,000MW over the last year. Combined with hydro power, the share of these two renewable energy sources in the country’s electricity mix has increased significantly.
Centre to roll out PSU IPOs from October-November
After a gap of more than three years, the Centre will roll out initial public offers (IPOs) in PSUs once again with a 10% stake sale in Cochin Shipyard in October-November, a senior government official told FE.
NBCC Government approves HSCL’s takeover by NBCC
Government today approved the financial restructuring of state-run Hindustan Steel Works Construction Limited (HSCL) and its takeover by another PSU NBCC.
Govt wants PSUs to emulate private sector, buy back shares
Government wants cash-rich PSUs like Coal India, Oil India and NTPC to take a cue from the private sector and use surplus cash to buy back shares and improve balance sheets.
Finmin lines up 16 PSUs for disinvestment; may fetch Rs 40,000 cr
Finance Ministry has drawn up a list of 16 PSUs including ONGC, Oil India and Coal India for disinvestment in 2016-17 which could fetch the exchequer Rs 40,000 crore at current stock value.
Govt may allot more than 10 coal mines to PSUs in 2015-16
Taking forward its decision to open up the coal sector for commercial mining, the government may allot more than 10 coal blocks to PSUs in the current fiscal for production and sale of the fossil fuel.
Govt to infuse about Rs 5,000 cr in PSU banks this quarter
As per the blueprint, PSU banks will get Rs 25,000 crore this fiscal and also in the next fiscal. Besides, Rs 10,000 crore each would be infused in 2017-18 and 2018-19.
PSU general insurers outpace private players in premium collection
State-owned general insurers led by New India Assurance have outpaced their peers in private sector in premium collection, though marginally, by recording 12 per cent growth in the first nine months of the current fiscal.
BHEL, 11 other PSUs running in losses: Anant Geete
"Out of 32 PSUs under my (heavy industries) ministry, 12 including BHEL were running in losses," Anant Geete told reporters here.
Arun Jaitley asks banks to clean up balance sheet at the earliest
Finance Minister Arun Jaitley today asked state-owned banks to clean up their balance sheets at the earliest, stressing that they have all the powers to deal with wilful defaulters.
‘Foreign investors more keen on govt bonds than PSU stocks’
Facing challenges in meeting the disinvestment target, the Department of Disinvestment believes that foreign investors are showing preference for government bonds over the PSU stocks on offer.
PSU stake sales: Revitalised programme may offer new investment routes
With commodities and energy companies under stress and global investors showing little interest in them, the government is now looking to line up firms from the financial and infrastructure segments where there is greater inv
PSU profits strained in weak economy
If corporate India is struggling to make ends meet in a sluggish economic environment, state-owned enterprises are among the worst hit.
