'Public Sector Undertakings' - 20 News Result(s)

  • Disinvestment Target Likely to be Revised Upwards: Report
    Disinvestment Target Likely to be Revised Upwards: Report

    With stock markets on an upturn and market regulator Securities and Exchange Board of India (Sebi) pushing for a minimum 25 per cent public holding in public sector undertakings (PSUs), the disinvestment department is likely to revise upwards the Rs ...

  • Steel Ministry to Pitch for Cheaper Credit in Presentation to PM Modi: Report
    Steel Ministry to Pitch for Cheaper Credit in Presentation to PM Modi: Report

    The Steel Ministry is likely to highlight the need for raw material security, cheaper credit and dilution of stake in public sector undertakings (PSUs) to 51 per cent in a presentation to Prime Minister Narendra Modi on Friday.

  • Sebi's Board to Consider Market Reforms This Week
    Sebi's Board to Consider Market Reforms This Week

    The proposed measures may help the government garner almost Rs 60,000 crore through share sales in listed public sector undertakings, deepen the markets and rationalise the regulatory framework for different sets of companies -- private, public, smal...

  • Sebi Wants Public Sector Undertakings' Cash in Mutual Funds: Report
    Sebi Wants Public Sector Undertakings' Cash in Mutual Funds: Report

    To help channelise more funds for long-term investment purposes, capital market regulator Securities and Exchange Board of India (Sebi) has suggested the government to allow all PSUs to park their surplus cash in mutual funds, and has sought a unifor...

  • RBI Asks Urban Co-Operative Banks Not to Lend to Government Entities
    RBI Asks Urban Co-Operative Banks Not to Lend to Government Entities

    RBI defined UCBS as needing to provide loans to lower and middle income groups, as well as agriculture and small businesses, instead of government-owned companies, which are called public sector undertakings (PSUs) in India.

  • Finance Minister Pitches for More Investments to Attain Higher Growth
    Finance Minister Pitches for More Investments to Attain Higher Growth

    Finance Minister P Chidambaram on Thursday made a strong case to encourage foreign and domestic investment to boost growth and said public sector undertakings (PSUs) alone are expected to pump in Rs 1.33 lakh crore in the current financial year.

  • Don't mandate only BSNL/MTNL connections for government staff: COAI
    Don't mandate only BSNL/MTNL connections for government staff: COAI

    In a bid to enhance the revenues of BSNL and MTNL, the government had proposed that union ministries, public sector undertakings and autonomous bodies give preference to the services of the state-run telcos.

  • Fund on anvil to help loss-making PSUs comply with Sebi norms: report
    Fund on anvil to help loss-making PSUs comply with Sebi norms: report

    At present, there are seven loss-making public sector undertakings -- Scooters India, HMT, Andrew Yule, State Trading Corporation, ITI Ltd, Fertilisers and Chemicals Travancore and Hindustan Photofilms - in which the government has to bring down its ...

  • Sebi turns focus to PSUs on minimum holding norms
    Sebi turns focus to PSUs on minimum holding norms

    After cracking its whip on 105 private sector companies that failed to meet minimum public holding norms, market regulator Securities and Exchange Board of India (Sebi) has turned its focus to about a dozen PSUs that need to comply with these regulat...

  • PSUs will comply with shareholding norms: Sebi
    PSUs will comply with shareholding norms: Sebi

    Market regulator Sebi today said the government is committed to ensuring that public sector companies comply with the minimum public shareholding norms and will not be seeking any extension.

  • CEOs of state-run firms complain to PM about green ministry
    CEOs of state-run firms complain to PM about green ministry

    Public sector undertakings have complained to the Prime Minister that the environment ministry is creating hurdles in the expansion of existing projects as well blocking clearances for new ones, sources told NDTV.

  • PSUs' Rs 6,000 cr loss due to poor resource management: CAG
    PSUs' Rs 6,000 cr loss due to poor resource management: CAG

    Criticising the Public Sector Undertakings under the West Bengal government, the Comptroller and Auditor General has said that with better management of its resources, PSUs' accumulated losses of more than Rs 6,000 crore could have been 'controlled'.

  • Cabinet to consider disinvestment in 5 firms, shares up
    Cabinet to consider disinvestment in 5 firms, shares up

    Shares in the public sector firms in which the government is planning to sell stake traded with strong gains Thursday. Sources told NDTV that the Cabinet Committee on Economic Affairs (CCEA) is likely to consider the proposal of disinvestment in as m...

  • S&P India view: 21 companies outlook downgraded to negative
    S&P India view: 21 companies outlook downgraded to negative

    Standard & Poor's downgraded the rating outlook of 21 entities spanning across top banks, software exporters and public sector undertakings following the agency's revision of India's sovereign outlook.

  • Centre seeks details from foreign entities in India
    Centre seeks details from foreign entities in India

    The Union Home Ministry has asked the entities to furnish details about their interaction with Government departments, public sector undertakings and also civil society.

  • Govt targets Rs 30,000 cr from disinvestment proceeds in FY'13
    Govt targets Rs 30,000 cr from disinvestment proceeds in FY'13

    The government is targeting Rs 30,000 crore from stake sales in public sector undertakings in 2012-13

  • Govt allows state firms to buy back shares
    Govt allows state firms to buy back shares

    The cabinet has allowed cash-rich state companies to buy back shares and participate in the government's divestment programme, a minister said on Thursday.

  • Disinvestment proceeds may help revive PSUs
    Disinvestment proceeds may help revive PSUs

    The government is likely to revert to the policy of using 25 per cent of the disinvestment proceeds for reviving sick public sector units and recapitalize the profitable ones from the next fiscal year.

  • FinMin may drop proposal to dissolve SUUTI
    FinMin may drop proposal to dissolve SUUTI

    The ministry had earlier proposed to dissolve the SUUTI and set up a new entity to buy government equity in public sector undertakings from funds raised by pledging the existing assets of the Specified Undertaking of UTI (SUUTI).

  • Government seeks higher dividend, PSUs non-committal
    Government seeks higher dividend, PSUs non-committal

    Pressed hard for funds, the finance ministry held a meeting of cash-rich PSUs to seek higher dividends but failed to obtain firm commitments from state-owned blue-chip companies. Many heads of the large public sector undertakings (PSUs) told governme...

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