PSU

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

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

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

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

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

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

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

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

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

The apex court also asked telecom companies, including Bharti Airtel and Vodafone Idea Ltd, to file affidavit explaining the time needed ...Read More

Sources also said that in case of CPSUs, the income tax department had calculated tax demands that went up to Rs 1.57 lakh crore

Besides, sources said, banks may also look for divesting or selling their non-core business as part of fund raising exercise during 2020-...Read More

New Delhi: The initial public offering of Indian Railway Catering and Tourism Corporation (IRCTC) was a huge hit among investors as it go...Read More