“Out of 32 PSUs under my (heavy industries) ministry, 12 including BHEL were running in losses,” Anant Geete told reporters…
Finance Minister Arun Jaitley today asked state-owned banks to clean up their balance sheets at the earliest, stressing that they…
Facing challenges in meeting the disinvestment target, the Department of Disinvestment believes that foreign investors are showing preference for government…
With commodities and energy companies under stress and global investors showing little interest in them, the government is now looking…
If corporate India is struggling to make ends meet in a sluggish economic environment, state-owned enterprises are among the worst…
Profit-making unlisted PSUs and their subsidiaries may have to submit listing plans while signing annual performance pacts with the government,…
The absence of independent directors on PSU boards raises questions of corporate governance and poses a challenge for the government’s…
PSUs in India have generated a record $9 bn in free cash flows during FY15.
Announced as part of the Union Budget 2015-16, the NIIF will have an allocation of Rs 20,000 crore, half of…
At a time when domestic steel demand is tepid, the potential additional outgo on captive iron ore, the key input…
The government has approved closure of seven terminally ill public sector units, including HMT Watches…
The public issue of non-convertible debentures (NCDs) fell more than 78% in FY15 compared with FY14, according to Sebi data…
Sebi is likely to turn down the department of disinvestment’s request to halt trading of shares of public sector companies…
Some bond market experts expect the issuance limit for tax-free infra bonds to be in the range of Rs 50,000…
A day after the government decided to sell up to 10 per cent stake in Coal India Ltd, some of…
After a gap of nine years, the IT space has emerged…