Free Press Journal
  • PSUs: When a promise is not a promise

    On March 13, 2018, the Parliament’s Lower House, the Lok Sabha, passed without debate two finance bills and 218 amendments. These included funding demands from 99 government ministries and departments.

  • High capex with poor returns to hurt PSUs’ credit profile: S&P

    New Delhi: Cautioning against higher capex by state-owned companies, Standard & Poor’s today said poor returns on such investments and increase in leverage could weaken their credit profiles in the long term and increase their dependence on the government for support.

  • Surplus spectrum given to PSUs too: Ex-telecom secy to court

    New Delhi: Former Telecom Secretary Shyamal Ghosh, chargesheeted in 2002 additional spectrum allocation case, today told a special court that private companies were not the only beneficiaries of surplus radio waves, but state- run MTNL and BSNL were too. Continuing the arguments on framing of charges, Ghosh’s counsel said the CBI had followed the process of “pick and choose” in naming the accused in the case.

  • piyush goyal

    Like CIL, PSUs can deliver on par with TCS, Infosys: Goyal

    New Delhi: Better vision and leadership can help state-owned firms to perform on par with top private players like Infosys, Wipro and TCS as has happened with Coal India Ltd which registered 12 per cent spurt in output, Coal and Power Minister Piyush Goyal has said.

  • MP first state to meet school toilets construction target

    BHOPAL : Madhya Pradesh has become the first state in the country to achieve the target of construction of toilets in schools. Prime Minister Narendra Modi, on the occasion of Independence Day, had called for construction of toilets in all schools.

  • PSUs sign 6 pacts at Hannover Messe to boost ‘Make in India’

    New Delhi :  Public sector firms, including BHEL, Instrumentation Ltd and HMT, have firmed up six MoUs with companies from Germany, Switzerland, Russia and Bulgaria for scaling up Indian manufacturing in high-tech areas, reports PTI.