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12 Results Found
  • Privatisation is a capital idea but won’t be an easy sell May 18, 2020 08:04 AM IST

    Privatisation is a capital idea but won’t be an easy sell

    Privatisation can be a cure not just for the government’s finances but for the companies too. The devil lies in the execution.

  • Disinvestment is not a bad word, all it needs is a rethink Oct 14, 2019 01:19 PM IST

    Disinvestment is not a bad word, all it needs is a rethink

    The government should seriously think of selling its stake in loss-making entities operating in the non-strategic sector

  • SAIL, BSNL, Air India worst performing PSUs in FY16: Survey Mar 24, 2017 03:32 PM IST

    SAIL, BSNL, Air India worst performing PSUs in FY16: Survey

    The Public Enterprises Survey, tracking the performance of CPSEs in 2015-16, revealed that the top three loss-making CPSEs -- SAIL, BSNL and Air India -- incurred a loss equal to 51.65 per cent of the total loss made by the top 10 loss-making CPSEs in 2015-16.

  • NIIF to raise Rs 8,000 cr in FY18, fund projects of Rs 16,000 cr Feb 14, 2017 09:00 AM IST

    NIIF to raise Rs 8,000 cr in FY18, fund projects of Rs 16,000 cr

    The government has allocated Rs 1,000 crore budgetary support to NIIF which will be leveraged to raise Rs 8,000 crore from strategic anchor partners, namely multilateral and bilateral institutions, sovereign wealth funds, pension funds and domestic public sector enterprises, according to Output Outcome Framework for Schemes 2017-18.

  • Govt achieves 60% of divestment target; raises Rs 23,500 cr Jan 11, 2017 05:05 PM IST

    Govt achieves 60% of divestment target; raises Rs 23,500 cr

    The government has managed to garner over Rs 23,500 crore through selling its stake in public sector enterprises during the first nine months of the current fiscal, representing nearly 60 percent of the disinvestment target, said Manish Singh, Joint Secretary, Department of Investment and Public Asset Management (DIPAM)

  • Roadmap for disinvestment will be implemented: Shaktikanta Das Jun 02, 2016 08:38 AM IST

    Roadmap for disinvestment will be implemented: Shaktikanta Das

    The government has set a disinvestment target of Rs 56,500 crore for the current fiscal. Of this, Rs 30,000 crore will come from minority stake sale and the remaining Rs 26,500 crore from strategic stake sale. It has already raised Rs 2,700 crore through 11.36 percent stake sale in NHPC.

  • PSUs spent over Rs 2400 cr in CSR in 2014-15 Mar 10, 2016 02:46 PM IST

    PSUs spent over Rs 2400 cr in CSR in 2014-15

    Heavy Industries and Public Enterprises Minister Anant Geete said this in Rajya Sabha during the question hour after several members expressed concern over media reports suggesting that there have been misuse of CSR funds, especially by private companies.

  • Why investing in public sector companies make sense now Sep 16, 2015 05:00 PM IST

    Why investing in public sector companies make sense now

    The onus of kick starting the investment cycle in the economy is on the government. And the government is expected to act through the public sector companies.

  • Govt eyeing Rs 22,000 cr by closing 5 sick CPSEs: Geete May 29, 2015 07:48 PM IST

    Govt eyeing Rs 22,000 cr by closing 5 sick CPSEs: Geete

    The Centre is looking to garner Rs 22,000 crore by selling the assets of five sick central public sector enterprises (CPSEs) namely HMT Watches, HMT Chinar, HMT Bearing, Tunga Bhadra Steels and Hindustan Cable Corporation.

  • Navratnas: A colossal failure Apr 25, 2012 12:59 PM IST

    Navratnas: A colossal failure

    The Public sector enterprises (PSE) have been a major disappointment for the retail investors. Ironically, most of them have been have been titled 'Navratna' by the Indian Government, giving investors a false notion of safety and raising their expectations in vain.

  • HMT's 5-yr plan: Submits Rs 981cr revival strategy to govt Dec 15, 2011 09:43 PM IST

    HMT's 5-yr plan: Submits Rs 981cr revival strategy to govt

    HMT today submitted a revival plan of Rs 981 crore to the government. If the plan is accepted, it could well prove to be crucial to its turnaround plans.

  • CVC moots Rs 10 lakh bond to check attrition in PSEs Aug 23, 2011 06:07 PM IST

    CVC moots Rs 10 lakh bond to check attrition in PSEs

    The government is considering imposing strict measures, including a bond of at least Rs 10 lakh, to deter senior employees of public sector enterprises (PSEs) from joining private firms.

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