Government set to close loss-making PSUs“There are several cases where the disinvestment process has been going for years. There is very little interest in some of the companies. ...
04 Dec, 2019, 11.12 AM IST
Government kickstarts process to privatise Bharat Pump, Bridge&Roof"The strategic sale of Bharat Pumps and Compressors and Bridge and Roof will be through a two-stage auction process, which involves submitt...
08 Feb, 2017, 02.52 PM IST
Govt seeks advisers on PSU's stake salesThe government has invited applications for engagement as advisers for seven firms.
04 Feb, 2017, 01.26 AM IST
Government plans strategic sale of 3 PSUs, merger of 4The finance ministry wants to merge four PSUs -- Hindustan Prefab, Engineering Projects (India) Ltd, HSCC (India) Ltd and National Projects...
03 Feb, 2017, 01.27 PM IST
Government confident of Rs 45-50,000 crore from disinvestment in FY17"We will reach very close to the target. It would be closer to Rs 50,000 crore," a senior govt official said. He said that at least two str...
12 Jan, 2017, 11.51 AM IST
PSUs identified, FinMin to take call on stake sale: Niti AayogWe have pushed very strongly for closure of many of the sick units. That is something that has been talked about for decades but has not ha...
11 Nov, 2016, 08.11 PM IST
ONGC, Bhel say no to Bharat Pumps takeover, cite cash crunchThe government’s lack of interest in the company is evident from the fact that it did not have a full-time CEO for years.
12 Oct, 2016, 11.39 AM IST
Cabinet approves Rs 2,256-crore makeover for IT for GSTThe implementation strategy for a New Indirect Tax Network (Systems Integration) project would be to ensure readiness of the CBEC's IT fram...
29 Sep, 2016, 04.07 AM IST
- Over 13,000 new appointments in 32 PSUs in 3 years
The government has hired over 13,000 employees in 32 public sector units operating under the Department of Heavy Industry since 2009-10.
08 May, 2012, 05.42 PM IST
- Plans on to list 10 CPSUs in FY12 to raise Rs 40,000 cr
The department of disinvestment plans to list 10 central public sector units that have turned profitable to raise the budgeted 40,000 cr fr...
22 Mar, 2011, 02.53 AM IST
- B&R, BPCL become mini-ratna firms
The government provided enhanced financial autonomy to two public sector units -- Bridge and Roof Company and Bharat Pumps and Compressors ...
21 Sep, 2010, 03.23 PM IST
- 15 sick public sector units report profits
15 sick central public sector enterprises, which have been under the process of revival, reported profits in 2007-08 and 2008-09.
15 Apr, 2010, 07.17 PM IST
- 14 sick PSUs return back to health
Of the 36 sick PSUs which received approval for fund injection by the government, 14 have been nursed back to health in the last two years.
28 Dec, 2009, 08.54 PM IST
- ONGC, BHEL, EIL may take over BPCL
The government has mooted a proposal for the takeover of Bharat Pumps and Compressors Limited (BPCL) by a consortium of public sector compa...
13 Sep, 2006, 03.10 PM IST
- BYNL may face closure, awaits cabinet approval
State-owned Bharat Yantra Nigam Limited (BYNL) is likely to be wound up.
18 Aug, 2006, 03.10 AM IST
- BYNL recommended for closure
State owned Bharat Yantra Nigam Limited (BYNL) has been recommended for closure by the Board for Reconstruction of Public Enterprises (BRPS...
16 Aug, 2006, 07.30 PM IST
- Shourie plays the VRS card to speed up divestment
The disinvestment ministry has sought early settlement of outstanding dues of employees of five PSUs that are in advanced stage of privatis...
24 Jan, 2003, 05.50 AM IST