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  • Big Story | Coal India, NTPC and NMDC among 8 PSUs who could go for share buybacks Oct 20, 2020 07:19 PM IST

    Big Story | Coal India, NTPC and NMDC among 8 PSUs who could go for share buybacks

    The emphasis is on those companies that have an extra cash buffer after meeting their capital expenditure requirements for the financial year.

  • Explained | How does Centre plan to meet FY21 disinvestment target? Oct 20, 2020 03:05 PM IST

    Explained | How does Centre plan to meet FY21 disinvestment target?

    In this edition of the Explained series, find out how the Centre plans to meet its divestment target.

  • 11% of toilets claimed to be built by PSUs in schools 'not found', 30% 'not in use': CAG report Sep 23, 2020 09:34 PM IST

    11% of toilets claimed to be built by PSUs in schools 'not found', 30% 'not in use': CAG report

    The report of the CAG on Construction of Toilets in Schools by Central Public Sector Enterprises was presented in Parliament on September 23.

  • What Indian public sector units must do to remain meaningful Jul 10, 2020 09:51 AM IST

    What Indian public sector units must do to remain meaningful

    Public sector capital expenditure remains a major tool in the hands of the government to propel the economy forward

  • Ideas For Profit | These PSUs’ dividend yields exceed bank FD rates Mar 25, 2020 07:09 PM IST

    Ideas For Profit | These PSUs’ dividend yields exceed bank FD rates

  • Govt may raise Rs 30K cr from THDCIL, NEEPCO, land sale in FY20 Nov 29, 2019 10:48 AM IST

    Govt may raise Rs 30K cr from THDCIL, NEEPCO, land sale in FY20

    The land and stake sale is expected to be completed by FY20-end

  • Odisha: Cong blames BJP for 'financial crisis' in country Nov 23, 2019 09:07 PM IST

    Odisha: Cong blames BJP for 'financial crisis' in country

    The Congress leaders also blamed the NDA government for the crisis in the financial institutions.

  • The government should set an example to the private sector on corporate governance Nov 04, 2019 09:08 AM IST

    The government should set an example to the private sector on corporate governance

    PSUs believe that they too enjoy immunity in much the same way as the government does

  • Disinvestment target: DIPAM, Niti Aayog eyeing PSUs in non-priority sector Sep 26, 2019 07:35 PM IST

    Disinvestment target: DIPAM, Niti Aayog eyeing PSUs in non-priority sector

    Sources said that the government is also looking at selling its minority stakes in companies such as Hindustan Zinc and Vedanta.

  • LIC public listing back on govt agenda; may overtake RIL, TCS m-cap once listed: Report Jul 29, 2019 04:08 PM IST

    LIC public listing back on govt agenda; may overtake RIL, TCS m-cap once listed: Report

    LIC, which is the largest financial institution in India could easily become country’s top listed company if its shares get listed.

  • Government may launch exchange traded fund of PSU bank stocks next fiscal Feb 19, 2019 04:41 PM IST

    Government may launch exchange traded fund of PSU bank stocks next fiscal

    The official further said the ETF route would bring back investor confidence in the banking stocks.

  • Losses of PSU banks widens nearly 3.5 times in Q2 FY19 to Rs 14,716.2 crore Nov 18, 2018 10:35 AM IST

    Losses of PSU banks widens nearly 3.5 times in Q2 FY19 to Rs 14,716.2 crore

    Higher provisioning towards bad loans or non-performing assets (NPAs) had impacted the balance sheets of PSU lenders.

  • Despite government’s efforts, 18 PSUs in Jammu and Kashmir remain in ‘red’ Mar 23, 2018 07:56 PM IST

    Despite government’s efforts, 18 PSUs in Jammu and Kashmir remain in ‘red’

    The state government had to intervene a few years ago to provide support to the PSUs after a major share was in financial trouble for a long time and could not even pay the staff salaries.

  • Your affordable home could well be built on govt’s unused salt pan or tea estate May 30, 2017 01:41 PM IST

    Your affordable home could well be built on govt’s unused salt pan or tea estate

    With Prime Minister Narendra Modi's office recently asking all government departments to identify unutilised land, developers are hoping that such land will soon be made available to them

  • Market correction an opportunity to buy; private banks, NBFCs in sweet spot: Pros Apr 07, 2017 06:17 PM IST

    Market correction an opportunity to buy; private banks, NBFCs in sweet spot: Pros

  • Panel to fast-track ramping up steel PSUs modernisation Mar 30, 2017 10:29 PM IST

    Panel to fast-track ramping up steel PSUs modernisation

    The government has set up a committee to suggest measures to fast-track the ramping up of modernisation of the steel sector public sector firms -- SAIL and RINL.

  • Bad bank only a short-term solution for NPAs, structural reforms needed: Macquarie Mar 23, 2017 05:25 PM IST

    Bad bank only a short-term solution for NPAs, structural reforms needed: Macquarie

    The Economic Survey of this year recommended a ‘bad bank’ to kickstart the resolution of non-performing loans in the banking industry. However, this is not a definite solution for the system, believes Suresh Ganpathy of Macquarie Capital Securities India.

  • Centre asks SEBI to accelerate PSU listing process Mar 09, 2017 11:23 AM IST

    Centre asks SEBI to accelerate PSU listing process

    The central government is likely to write to the market regulator Securities and Exchange Board of India (SEBI) for accelerating equity offer documents. This will help the regulator meet its aim of timely listing of the public sector undertakings (PSUs), reports today‘s Business Standard.

  • Steel Ministry asks its PSUs to share resources, interact more Mar 01, 2017 06:14 PM IST

    Steel Ministry asks its PSUs to share resources, interact more

    "I was surprised to see that the top management of these PSUs rarely interacted with the other PSUs. There are areas like storage space for material where under-utilisation can be overcome if they share resources," the Steel Minister told PTI.

  • Budget 2017: Merging oil PSUs will create synergies in sector, says Pradhan Feb 01, 2017 09:22 PM IST

    Budget 2017: Merging oil PSUs will create synergies in sector, says Pradhan

    Finance Minister Arun Jaitley, in his Budget speech today, proposed merging of all oil public sector units (PSUs) to create one integrated company. It a welcome move and will create synergies in the sector, said the oil minister Dharmendra Pradhan.

  • Bluechip PSUs eye EPFO funds Jan 10, 2017 03:40 PM IST

    Bluechip PSUs eye EPFO funds

    Blue chip PSUs are eyeing funds from the Employees Provident Fund Organisation (EPFO) which is sitting on a huge cash pile, said Labour Minister Bandaru Dattatreya.

  • PSUs identified, FinMin to take call on stake sale: Aayog Nov 11, 2016 07:12 PM IST

    PSUs identified, FinMin to take call on stake sale: Aayog

    Government think tank Niti Aayog today said public sector units to be put up for strategic sale have been identified and now it is up to the Finance Ministry to start the process of their privatisation.

  • Cabinet gives in-principle nod for strategic sale of PSUs Oct 27, 2016 04:54 PM IST

    Cabinet gives in-principle nod for strategic sale of PSUs

    The Union Cabinet today gave in- principle approval to Niti Aayog's proposal for strategic sale in over a dozen public sector undertakings (PSUs) including those that are making profits.

  • US policy not likely to change a lot if Trump wins: UR Bhat Oct 24, 2016 12:31 PM IST

    US policy not likely to change a lot if Trump wins: UR Bhat

    Discussing market fundamentals on CNBC-TV18, UR Bhat said that a Donald Trump presidency will bring uncertainty in the market but the US policy is not likely to change dramatically if he wins.

  • CII lists a host of steps to make procurement policy a success Oct 12, 2016 10:20 AM IST

    CII lists a host of steps to make procurement policy a success

    Concerned about a majority of state-owned firms not meeting the norm of 20 per cent procurement from micro and small enterprises, CII has called for a strong co-ordination mechanism between the ministry of MSME and other stakeholders.

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