On July 25, 2014 21:31 (IST)
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...
On June 26, 2014 00:53 (IST)
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 ...
On June 26, 2014 00:18 (IST)
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.
On June 15, 2014 15:48 (IST)
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...
On June 13, 2014 14:33 (IST)
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...
On May 28, 2014 12:23 (IST)
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.
On May 08, 2014 15:43 (IST)
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.
On January 14, 2014 10:45 (IST)
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.
On July 28, 2013 17:20 (IST)
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 ...
On June 09, 2013 16:22 (IST)
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...
On January 18, 2013 17:53 (IST)
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.
On October 25, 2012 01:20 (IST)
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.
On September 26, 2012 15:18 (IST)
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'.
On September 13, 2012 10:15 (IST)
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...
On April 26, 2012 11:53 (IST)
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.
On April 11, 2012 21:07 (IST)
The Union Home Ministry has asked the entities to furnish details about their interaction with Government departments, public sector undertakings and also civil society.
On March 16, 2012 17:27 (IST)
The government is targeting Rs 30,000 crore from stake sales in public sector undertakings in 2012-13
On March 01, 2012 12:03 (IST)
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.
On February 26, 2012 21:25 (IST)
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.
On February 08, 2012 20:20 (IST)
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).
On January 13, 2012 11:27 (IST)
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...