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About 237 results for "psus"

Non-performing PSUs bleeding UP#39;s coffers dry
Money Control

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Oil Ministry may block PSUs from buying 10% stake in Petronet LNG

Four state-owned firms hold 49.99% stake in Petronet; move is aimed at keeping the entity private
 Business Standard3 days ago Oil Min may block oil PSUs buying GDF stake in Petronet  DNA3 days ago

24 PSUs in UP suffer Rs 18,000-cr loss in FY16: CAG

Among the major contributors to the profit were UP Rajkiya Nirman Nigam (Rs 207.19 crore), UP Rajya Vidyut Utpadan Nigam (Rs 98.71 crore), UP State Industrial Development Corporation Ltd (Rs 92.63 crore) and UP State Warehousing Corporation (Rs 66.15 crore).
 DNA4 days ago Story in numbers: PSU spending on CSR up 48%  Business Standard1 month ago State-owned power company gives shock to PSU profit in Chhattisgarh  Business Standard1 month ago Govt lines up 9 rail PSUs for IPO  The Financial Chronicle2 months ago
Money Control

Steel PSUs not holy cows, must compete with pvt players: Min

Steel PSUs are not holy cows and should step out of their comfort zone to perform and compete with private players, Steel Minister Chaudhary Birender Singh said today.
 DNA5 days ago
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Govt calls meet to explore ways to use PSUs' surplus cash

The government has called a review meeting to discuss "optimal utilisation" of surplus cash worth around Rs 2.7 lakh crore belonging to central public sector enterprises for productive purposes, including the revival of sick PSUs.
 DNA1 week ago
MSN India

No more campus hiring by PSUs, banks

THE GOVERNMENT will soon stop campus recruitment by public sector undertakings (PSUs), including banks, following advice from the Law Ministry that the selection process violated the Constitution and went against a Supreme Court ruling.
 MSN India1 month ago Cabinet clears listing of 11 PSUs  Business Standard1 month ago Govt identifies 6 PSUs to list on bourses  Business Standard1 month ago R&D IN PSUs  Business Standard1 month ago
Money Today

Govt plans to raise Rs 34,000 cr via stake sale in 7 PSUs

The department of Investment and Public Asset Management (DIPAM) has come out with RFPs for appointing merchant bankers and legal advisors for stake sale in these PSUs.
 DNA1 month ago Govt plans stake sale worth Rs 34,000 cr in IOC, SAIL, five other PSUs  Business Standard1 month ago Govt scouts for merchant bankers for stake sale in 7 PSUs  DNA1 month ago
Money Control

PSUs to invest Rs 30,000 cr to revive 4 fertiliser plants

Cash-rich coal, power and oil PSUs will jointly invest about Rs 30,000 crore to revive four mothballed fertiliser plants by 2020-21 to make India self- sufficient in urea production and cut imports.
 Money Control3 weeks ago Rs 50,000 cr plan to revive shut fertiliser plants, build new gas pipelines  Business Standard3 weeks ago

Cabinet approves policy to provide purchase preference in all Oil PSUs

The Union Cabinet on Wednesday gave its approval to a policy to provide purchase preference (linked with Local Content (PP-LC) in all public sector undertakings (PSUs) under Ministry of Petroleum and Natural Gas.
 DNA1 month ago Oil PSUs to give preference to domestic cos in procurement  DNA1 month ago

NPAs: Govt may give PSUs leeway on stressed project takeover

After clearing ordinance for amendment in Banking Act, the government is contemplating providing operational flexibility to central PSUs to take over troubled projects as part of the its strategy to quickly get rid of mounting NPAs. To facilitate the takeover ...
 Business Standard2 weeks ago
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