PSU

9 March 2021, 02:21 AM

State-owned CIL on Monday said its board has approved 32 coal mining projects in the current financial year (till January), indicating an...Read More

PSUs stocks turn show stoppers, up 79% from pandemic-lows

4 March 2021, 02:38 AM

As the stock market has largely been on a bull run since hitting the decadal lows around a year ago, stocks of public sector undertakings...Read More

Privatisation to unleash exciting opportunities, boost investment: India Inc

25 February 2021, 06:06 PM

However, the industry called for an effective implementation of road map towards privatisation and asset monetisation, cautioning that re...Read More

Teji Mandi: Three things investors should know on January 25, 2021

By Teji Mandi

25 January 2021, 12:06 PM

Searching for value in PSUs: Vedanta Resources chairman Anil Agarwal has set up a $10 billion fund in collaboration with Centricus. It is...Read More

Prioritise spending, boost infrastructure, sell PSUs: Raghuram Rajan on Budget

14 January 2021, 03:34 PM

The upcoming Budget for the fiscal year beginning April 1 should look to provide "relief to the poorer households and small and medium en...Read More

Revenue constrained Govt may push oil PSUs to pay higher dividend

24 December 2020, 10:10 AM

PSUs with stock prices higher than the book value and who have sufficient cash funds may also be asked to shell higher dividend in FY21

Government to press ahead with PSU stake sale: Finance Minister Nirmala Sitharaman

17 December 2020, 07:00 PM

The government will press ahead with the sale of public sector companies that have been approved by the Cabinet, Finance Minister Nirmala...Read More

As revenue constrained, Centre may look at PSUs for higher dividends

6 December 2020, 04:05 PM

Officials sources said that the PSUs with stock prices higher than their book values and those with sufficient cash may be asked to shell...Read More

Finmin asks PSU general insurers to cut flab; rationalise branches, other expenses: Sources

29 November 2020, 03:39 PM

Earlier this year, the Union Cabinet decided to halt the merger process of three state-owned general insurance companies due to weak fina...Read More

PSUs hit 39% of FY21 CAPEX target, FM calls for more efforts

27 November 2020, 05:48 PM

Central Public Sector Enterprises (CPSE) have achieved 39.4 per cent of their capital expenditure (CAPEX) target with an expenditure of ...Read More

Private sector, state government, PSU employees eligible for I-T exemption under LTC cash voucher scheme

29 October 2020, 07:06 PM

The Income Tax Department on Thursday extended the I-T exemption available under the LTC cash voucher scheme to employees of state gover...Read More

Strategic sale of PSUs to gain momentum post Diwali

22 October 2020, 05:14 PM

The Department of Investment and Public Asset Management (DIPAM) is set to initiate the strategic sale process of four PSUs including Con...Read More

Piyush Goyal invites startups to register at GeM to provide goods, services to govt agencies, PSUs

6 October 2020, 06:21 PM

Commerce and Industry Minister Piyush Goyal on Tuesday invited startups to register at public procurement portal GeM and offer goods as w...Read More

Bank frauds could hurt India much more than COVID-19 can

By RN Bhaskar

21 September 2020, 06:40 AM

If you are a believer or a bhakt, you should only read the reports of India’s policymakers. You will get a feeling that all is well. And ...Read More

Government-owned companies biggest wealth destroyers in the last six years: Mutual fund veterans

14 September 2020, 04:21 PM

State-run enterprises have been the biggest wealth destructors in the last six years despite operating in monopolistic or oligopolistic s...Read More

State-run banks to require more capital as a safeguard against stress: Report

27 July 2020, 05:38 PM

India's state-owned banks' plans to raise capital from private sources will not be sufficient to mitigate the anticipated risks unless su...Read More

Spend 50% capex by Sep to help economy out of Covid, PSUs told

7 July 2020, 05:55 PM

This came out from the review meeting held by Finance Minister Nirmala Sitharaman with Secretaries of Ministries of Petroleum and Natural...Read More

In big relief, Centre to withdraw 96% of AGR dues

18 June 2020, 05:52 PM

Solicitor General Tushar Mehta, representing the Centre, told a bench headed by Justice Arun Mishra that the Centre is withdrawing 96 pe...Read More

SC asks DoT to reconsider Rs 4 lakh cr claim on PSUs, says demand impermissible