Niti Aayog working on second list of PSU divestment
New Delhi: After submission of the first list of PSUs for closure or sell off to the government, Niti Aayog is now working on another list for disinvestment.
Sep 06, 2016, 16:58 PM IST
Gujarat Assembly committee raps GSPC for 'over confidence'
The committee, which monitors state-run public sector undertakings (PSUs), in their report tabled in the House Tuesday pointed out several flaws in the process adopted by GSPC in acquiring the KG gas block through aggressive bidding.
Aug 24, 2016, 02:12 AM IST
Government's divestment kitty to swell by Rs 16,000 crore
With at least one buy-back announcement from PSUs every month, the government is expected to garner over Rs 16,000 crore in its disinvestment kitty over the next couple of months.
Aug 07, 2016, 16:16 PM IST
Public sector bank employees on strike today; operations hit
Public sector bank employees will go on strike on Friday to protest against the proposed merger of associate banks with SBI and banking reforms.
Jul 29, 2016, 05:05 AM IST
SCOPE for accountability check of NGOs getting funds from PSUs
SCOPE, apex body for central public sector enterprises, on Saturday "strongly" advocated accountability check of NGOs that are getting funds from PSUs for activities related to corporate social responsibility.
Jul 23, 2016, 21:43 PM IST
Parliamentary panel asks coal PSUs, govt to recover dues
Expressing concerns over the large amount of dues that need to be recovered by all coal PSUs, including CIL's Rs 11,032 crore, a Parliamentary Panel has asked the government as well as the state-owned firms in the sector to take steps for the recovery.
May 02, 2016, 18:40 PM IST
NHPC share sale fully subscribed; govt to get Rs 2,700 crore
Kicking off the current fiscal's disinvestment programme, the government today raised Rs 2,700 crore from sale of its 11.36 percent stake in hydropower producer NHPC after retail portion oversubscribed 1.65 times.
Apr 28, 2016, 16:53 PM IST
Government mulling proposal to liquidate certain loss-making PSUs, employee interest to be protected
In a bid to limit public expenditure, the central government is mulling over a proposal to liquidate certain loss-making PSUs
Apr 24, 2016, 16:28 PM IST
CPSEs must take steps to unlock surplus resources: President
President Pranab Mukherjee today said state-owned firms need to take immediate steps to identify and unlock surplus land and other resources available with them to augment economic growth and boost job creation
Apr 11, 2016, 16:57 PM IST
Sebi wants PSUs to ensure compliance on independent directors
To ensure good corporate governance practices, markets regulator Sebi has asked the government to ensure that listed PSUs are in full compliance with the norms relating to independent directors
Apr 10, 2016, 17:10 PM IST
NHPC pays govt interim dividend of Rs 875 crore
State-run NHPC today said that it has paid the government an interim dividend of Rs 875.49 crore for fiscal 2015-16
Mar 18, 2016, 18:55 PM IST
Govt to allot 16 coal mines to PSUs for commercial mining
Taking forward its decision to open up the coal sector for commercial mining, the government will allot 16 blocks to PSUs for carrying out production and sale of the dry fuel.
Mar 16, 2016, 20:17 PM IST
PSUs to invest over Rs 10,000 crore in mining sector
Public sector units (PSUs) such as Nalco and Hindustan Copper Ltd have proposed to invest more than Rs 10,000 crore in the mining sector, Parliament was informed today
Mar 16, 2016, 18:11 PM IST
Burdwan agitation: Student activists stopped from meeting Bengal governor
At least 100 student activists led by Students` Federation of India (SFI) were here on Saturday prevented by police from submitting a deputation to West Bengal Governor K.N. Tripathi urging him to intervene and restore normalcy at Burdwan University which has been on the boil after police baton charged a group of student agitators.
Feb 27, 2016, 20:05 PM IST
PM Modi asks ministers to complete projects within deadline
Prime Minister Narendra Modi on Wednesday advised his Council of Ministers to ensure projects were completed within the timeframe and due publicity given to the achievements of the government.
Feb 17, 2016, 23:21 PM IST
Govt sells $5 billion of PSU shares in 2015, readies 2016 pipeline
Government's disinvestment kitty has almost doubled this year with over Rs 35,000 crore garnered through PSU share sales.
Dec 20, 2015, 13:00 PM IST
Govt approves mines to PSUs to sell coal to small industries
In a move aimed at enhancing energy security, the government Wednesday cleared allotment of coal blocks to PSUs for the sale of the fossil fuel mainly to medium, small and cottage industries and a policy for developing Underground Coal Gasification in coal and lignite areas.
Dec 16, 2015, 22:39 PM IST
Foreign investors want government to defer CIL stake sale
Opposing an immediate stake sale in Coal India Ltd, foreign investors have told the Finance Ministry that further disinvestment in the coal miner should be put off as the current market valuation is low.
Dec 13, 2015, 15:12 PM IST
Govt to sell PSU stakes when market conditions improve: Arun Jaitley
Government will sell stake in some state-owned companies, especially those in metals business, only when market conditions improve, Finance Minister Arun Jaitley Monday said amid concerns that the Rs 69,500 crore disinvestment target for the current fiscal may be missed.
Nov 23, 2015, 17:54 PM IST
FinMin eases rule for foreign trip for MD of PSU banks, FIs
Managing directors and other executive board members of state-owned banks as well as financial institutions will not be required to take permission of the Finance Ministry for undertaking foreign tours.
Oct 22, 2015, 18:07 PM IST
