'Public Sector Undertakings' - 31 News Result(s)

  • 12 PSUs Lined Up for Stake Sale in 2015-16: Report
    12 PSUs Lined Up for Stake Sale in 2015-16: Report

    The government has shortlisted about a dozen public sector undertakings or PSUs including Indian Oil Corporation (IOC), National Fertilizers Ltd (NFL), MMTC, Hindustan Copper Ltd and India Tourism and Development Corp (ITDC) for sale of stakes to ach...

  • Government Working Out Modalities for Strategic Sale of PSUs: Official
    Government Working Out Modalities for Strategic Sale of PSUs: Official

    The Department of Disinvestment (DoD) is working out modalities for strategic sale of public sector undertakings (PSUs) which will see management control passing on to the private sector, a top government official said on Thursday.

  • Government Gets 107 Applications for Allotment of 43 Mines to PSUs
    Government Gets 107 Applications for Allotment of 43 Mines to PSUs

    The Coal Ministry on Sunday received 107 applications from public sector undertakings (PSUs) like NTPC, SAIL, DVC and NLC for allocation of 43 coal blocks to be given to state-run firms.

  • FY16 Divestment Target to be Around Rs 43,000 Crore: Report
    FY16 Divestment Target to be Around Rs 43,000 Crore: Report

    Finance Minister Arun Jaitley, in the Budget for 2015-16, is likely to target around Rs 43,000 crore from disinvestment proceeds, almost the same level that the government expects to realise from stake sale in public sector undertakings or PSUs this ...

  • PSU Chiefs Meet Jaitley to Discuss Dividends
    PSU Chiefs Meet Jaitley to Discuss Dividends

    All profit-making central public sector undertakings (CPSU) are required to declare a minimum dividend payout of 20 per cent of post-tax profit, whichever is higher, subject to the availability of disposable profits.

  • Sebi Proposes E-IPO Norms, 'Fast-Track' PSU Divestment
    Sebi Proposes E-IPO Norms, 'Fast-Track' PSU Divestment

    To boost fund raising from the markets, the Securities and Exchange Board of India (Sebi) on Thursday proposed e-IPO norms where investors can bid for shares via the internet and eventually on mobiles, while already listed public sector undertakings ...

  • Commercial Mining of Coal to be Allowed After Auction: Finance Minister
    Commercial Mining of Coal to be Allowed After Auction: Finance Minister

    The government will allow commercial mining of coal by private companies after allocating mines to public sector undertakings and auction to specific end-users, Finance Minister Arun Jaitley said on Sunday.

  • Domestic LPG Cannot be Sold to Non-State Marketeers: Report
    Domestic LPG Cannot be Sold to Non-State Marketeers: Report

    In a setback to non-state LPG marketeers, the government's top law officer has ruled that all domestically produced cooking gas (LPG) should necessarily be sold to public sector undertakings for subsidised sale to consumers.

  • Disinvestment Programme on Track, Schedule Soon: Finance Minister
    Disinvestment Programme on Track, Schedule Soon: Finance Minister

    He was responding to queries related to the government's stake sale programme in Public Sector Undertakings (PSUs).

  • PSUs Back in Reckoning Among Business School Graduates: Survey
    PSUs Back in Reckoning Among Business School Graduates: Survey

    Business school graduates now increasingly prefer to work in public sector undertakings (PSUs) over private entities owing to a plethora of factors including job security and lucrative salaries besides generous perks and special allowances, according...

  • HP Pinning Hopes on Venture in Offering Contract-based Service
    HP Pinning Hopes on Venture in Offering Contract-based Service

    Hewlett-Packard India Sales, Country Manager (Design business), Mahesh Kumar Soni said this was the first time the company was offering contract model for printers targeted at various industry houses, including Public Sector Undertakings, coffee shop...

  • 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...

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