Providing up to Rs 20 lakh gratuity mandatory for all CPSEs from this date: Finance Ministry clarifies rulesThe Department of Public Enterprises has clarified gratuity rules for Central Public Sector Enterprise employees. A Rs 20 lakh gratuity pay...
27 Jan, 2026, 06.36 PM IST
PSU stocks: New rules for share buyback, bonus issue, stock split and dividendThe finance ministry has updated capital restructuring guidelines for non-bank public sector enterprises (PSUs) to ensure optimal fund util...
19 Nov, 2024, 02.14 PM IST
Capital restructuring norms for CPSEs updated to add valueIndia's finance ministry has revised guidelines for capital restructuring by central public sector enterprises (CPSEs), aiming to enhance t...
19 Nov, 2024, 12.57 AM IST
Govt revises dividend, buyback and bonus issue norms for CPSEsThe Indian government has updated its guidelines for Central Public Sector Enterprises (CPSEs) capital restructuring. The revisions include...
18 Nov, 2024, 10.20 PM IST
DIPAM issues revised capital restructuring norms for CPSEsIndia's Finance Ministry has updated guidelines for capital restructuring by Central Public Sector Enterprises (CPSEs), requiring a minimum...
18 Nov, 2024, 10.00 PM IST
GAIL declares second interim dividend at 50% for FY22Based on the current shareholding of Government of India (51.45 per cent), dividend of Rs 1,142.29 crore shall be paid to the government an...
14 Mar, 2022, 02.56 PM IST
Why govt is pushing PSUs to shell out large dividendsThe department has asked all CPSEs to consider giving “at least 90% of the projected annual dividend in one or more instalments” as interim...
14 Nov, 2020, 12.02 AM IST
AIACE seeks govt intervention in non-payment of interest due to delayed CIL pension schemeAround 10,000 executives have superannuated from the services of Coal India Ltd (CIL) from January 1, 2007, to March 31, 2020.
16 Aug, 2020, 03.07 PM IST
Budget 2019 highlights for common man: What it means for youThe hike in the tax surcharge will affect only super-rich taxpayers earning over Rs 2 crore. But a few other proposals are aimed at small t...
09 Jul, 2019, 10.13 AM IST
Inspect PSU dividend exemption requests: Finance Ministry tells advisorsIn a strict instruction to the financial advisors, the Finance Ministry has asked them to vet the proposal from CPSEs thoroughly and see if...
02 Oct, 2016, 01.24 PM IST
CAG audit states that CPSEs did not issue bonus sharesIn its audit report, the CAG has noted that in case of eight CPSEs, managements are yet to amend Articles of Association to provide for buy...
04 May, 2016, 04.13 AM IST
Modi government decides to shut 3 HMT units, offer VRS to employeesThe decision to shut the units was taken at a meeting of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi.
07 Jan, 2016, 03.20 AM IST
BSE to introduce LEIPS on equity ETFs from September 1Leading stock exchange BSE will launch a new liquidity enhancement incentive programme on equity-based exchange traded funds (ETFs) from Se...
04 Aug, 2015, 03.09 PM IST
Sops on offer to lure PSU fund investorsEvery retail unit holder of the fund will get one loyalty bonus unit for every 15 units they buy in the new fund offer and hold it for the ...
14 Mar, 2014, 09.43 AM IST
- Government considering non-plan loan to 8 sick CPSEs: Praful Patel
Patel said the Board for Industrial and Financial Reconstruction (BIFR) has suggested various measures for revival of sick industrial CPSEs.
20 Dec, 2012, 05.55 PM IST
- Security Printing and Minting Corp now debt-free
With payment of the remaining Rs 175 crore loan to the government, Security Printing and Minting Corporation of India Limited (SPMCIL) has ...
26 Mar, 2012, 10.10 PM IST
- Government approves merger of IDA with basic pay for CPSE staff
Government on Wednesday decided to merge 50 per cent industrial dearness allowance with the basic pay of employees of profit-making central...
30 Jan, 2008, 07.01 PM IST