Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...
RBI "opens the floodgates": Dhawal Dalal on why now may be the best entry point for debt investors in two yearsIndia is attracting foreign debt capital by removing taxes and easing borrowing rules. This move is expected to inject significant liquidit...
BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
Unplug dead PSUs PS bureaucratic zzzIndia's government struggles to close ailing state-owned companies. Bureaucratic hurdles and complex asset sales delay closures. This ties ...
PSU closure: Govt sets in motion new move after years wasted in stop-start processThe Centre is pushing ministries to accelerate the closure of unprofitable state-owned companies. Progress has been slow despite a policy a...
LIC emerges as highest profit-making financial company in Jan-Mar quarterLast week, LIC reported a 23 per cent jump in net profit to record Rs 23,420 crore in the just concluded March quarter as compared to Rs 19...
LIC emerges as highest profit-making financial company in March quarterLife Insurance Corporation of India has achieved the highest profit in the Indian financial sector for the March quarter. The company repor...
Balmer Lawrie shares tumble 6% after board says no to bonus issue, stock split & share buyback proposalsBalmer Lawrie & Company's shares fell over 6% after the board decided against a proposed bonus issue, stock split, and share buyback, citin...
SBI Ventures to manage Rs 20,000 crore Maritime FundSBI Ventures has been appointed as the fund manager for the ₹20,000-crore Maritime Investment Fund. This initiative, backed by government e...
Stronger push for accountability: Evaluation tightened, faltering CPSEs to face strict penaltiesNew performance rules for central public sector enterprises have come into effect. Strict penalties will be applied for not meeting corpora...
India's private capex jumps 67% to Rs 7.7 lakh crore in Sept 2025: CII unveils 5-point action planIndia's private capital expenditure has seen a significant jump. This indicates a strong revival in the country's investment cycle. Manufac...
Finance Ministry cracks down on contractor wage delays with new procurement rulesGovernment contracts now require adherence to labour laws. Firms failing to pay wages or deposit social security contributions face debarme...
Finance ministry links government procurement with labour law complianceAn office memorandum dated May 8, 2026, issued by the procurement policy division of the department of expenditure to all central ministrie...
Asia heat waves spell double trouble for economies hit by oilAsia faces a new inflation threat from El Niño as rising temperatures and dry weather are all set to increase food costs. This comes on top...
CPSEs capex surges 63% in April, kick off FY27 on strong notePublic sector companies and key government bodies significantly boosted capital spending in April. This surge of 63% marks a strong start t...
Capex by big CPSEs, 4 key government entities surges 62% in MarchCapital spending by these CPSEs and Railway Board, National Highways Authority of India (NHAI), Delhi Metro Rail Corporation and Damodar Va...
Total 53 CPSEs without CMD, 70% Independent director post vacantA parliamentary panel has identified a significant managerial crisis within Central Public Sector Enterprises. Many CPSEs are operating wit...