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More upswing expected as PSUs’, FMCG stocks to rule the roost...

By Rohit VaidMumbai, Dec 13 | The country's key stock markets are expected to witness another round of upswing as PSUs along with FMCG...

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

By Subhash NarayanNew Delhi, Dec 6 | The Union government may look towards its cash-rich public sector undertakings and those falling behind on their...

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

New Delhi, Nov 27 | Central Public Sector Enterprises (CPSE) have achieved 39.4 per cent of their capital expenditure (CAPEX) target with an expenditure...

PSUs may be roped in if BPCL sale does not get...

New Delhi, Nov 18 | The government may consider roping in at least two of its blue chip firms - Indian Oil Corporation (IOC)...

Fresh identification of PSUs gives momentum to govt’s sell-off plan

By Subhash NarayanNew Delhi, Oct 30 | The government proposes to start afresh the process to firm up the list of companies for strategic...

Govt lines up PSUs for share buyback as disinvestment falters

New Delhi, Oct 20 | The government proposes to mobilise disinvestment resources by getting financially stronger and cash-rich central public sector enterprises (CPSEs) to...

Sitharaman tells central PSUs to scale up capex in FY21, FY22

New Delhi, Oct 19 | Stressing the need for capital expenditure (capex) by Central Public Sector Enterprises (CPSEs), Union Finance Minister Nirmala Sitharaman has...

Corporatisation of OFB to put it on par with other defence...

By Sumit Kumar SinghNew Delhi, Sep 22 | The corporatisation of the Ordnance Factory Board (OFB) will put the ailing institution on par with...

Centre mulls closure of PSUs up for sale on case-to-case basis

New Delhi, Sep 19 | The Union government may consider the closure of central public sector units (PSUs) even if they have been approved...

Facility of deferred payment of customs duty extended to PSUs

New Delhi, Aug. Aug 25 | In an attempt to facilitate faster clearance of imported goods, the Central Board of Indirect Taxes and Customs...

Defence infra of PSUs, OFB to be modernised: Rajnath Singh

New Delhi, Aug 10 | Indian Defence Minister Rajnath Singh launched modernization and upgradation of defence public sector undertakings and Ordnance Factory Board...

PSUs funded Sonia Gandhi-headed RGF when UPA was in power

By Sanjeev SharmaNew Delhi, June 27 | Public sector undertakings (PSUs) like the Oil and Natural Gas Corporation Ltd (ONGC), the Steel Authority of...

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

New Delhi, June 18 | The Centre on Thursday informed the Supreme Court it is willing to withdraw 96 per cent of the Rs...

AGR case: SC seeks payment plan from telcos, criticises DoT demand...

New Delhi, June 11 | In relief for telecom companies grappling to clear the adjusted gross revenue (AGR) dues, the Supreme Court on Thursday...

SC raps DoT bid to raise dues against PSUs by misusing...

New Delhi, June 11 | The Supreme Court on Thursday pulled up the Department of Telecommunication for raising Rs 4 lakh crore demand from...

Centre to sell stake in certain pharma PSUs: Goyal

New Delhi, May 31 | Commerce Minister Piyush Goyal on Sunday said that the Union government has decided to disinvest in certain pharmaceutical public...

All sectors open for pvt cos, non-strategic PSUs to be privatised

New Delhi, May 17 | The Centre will come up with a new Public Sector Enterprise Policy, and open up all sectors to the...

Only essential staff to work in Govt depts, banks and PSUs

New Delhi, March 22 | The government on Sunday issued fresh advisory asking all government departments to allow staff required to run essential services...

Apex court AGR order not applicable on PSUs: Govt

New Delhi, March 5 | The government has detached PSUs that had some form of telecom licences, like GAIL India and Oil India, from...

Pradhan believes AGR ruling not applicable to non-telecom PSUs

New Delhi, Feb 17 | Petroleum and Natural Gas Minister Dharmendra Pradhan said on Monday that oil companies were not covered by the Supreme...

OIL may move TDSAT on AGR dues, other non-telecom PSUs to...

New Delhi, Feb. Feb 16 | Public sector oil explorer Oil India Ltd (OIL) may move Telecom Disputes Settlement and Appellate Tribunal (TDSAT) challenging...

Cabinet go-ahead for proposal on capital infusion for 3 PSUs

New Delhi, Feb 12 | The Union Cabinet on Wednesday approved a proposal for capital infusion and immediate release of Rs 2,500 crore for...

Modi might even sell Red Fort, Taj Mahal: Rahul

New Delhi, Feb 4 | Former Congress President Rahul Gandhi on Tuesday hit out at Prime Minister Narendra Modi for selling the country's public...

Haryana wants to buy unutilised land of Central PSUs

New Delhi, Dec 18 | Haryana Chief Minister Manohar Lal Khattar on Wednesday urged the Central government to announce a policy decision regarding buying...

Non-telecom PSUs facing AGR burden planning on joint forum

New Delhi, Nov 27 | Public sector companies such as PowerGrid, Railtel, GAIL, OIL, and DMRC may form a joint forum to oppose any...

FinMin asks ministries to furnish R&D funding data

New Delhi, Nov 12 | The Finance Ministry has asked ministries and departments to furnish data on funds spent by them and their autonomous...

Rahul accuses Modi government of privatising PSUs

New Delhi, Oct 17 | Former Congress President Rahul Gandhi on Thursday mounted attack on the Narendra Modi government, accusing it of privatising the...

Business

RBI proposals to restrict land financing by NBFCs: Report

New Delhi, Jan 26 | The Reserve Bank's proposals on restricting specific real estate funding by NBFCs will significantly affect land financing by them,...