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Pawan Hans asked to chart financial and organisational turnaround plan by DecemberThe Department of Public Enterprises has requested Pawan Hans to draft a five-year turnaround plan. This plan should address financial rest...- Pivot to Privatisation 2.0: Why IDBI Bank’s sale should rev up India’s push to privatise remaining non-strategic PSBs and PSUsLast week, the Cabinet Committee on Economic Affairs approved the sale of IDBI Bank's majority stake. The stake, held by the Government of ...
- Cabinet approves Rs 10,000 crore SME Growth Fund for small and medium enterprisesThe Union Cabinet approved a Rs 10,000 crore SME Growth Fund to support micro, small, and medium enterprises. This fund is part of the gove...
- NLMC recommends monetisation of government assets worth over Rs 5,000 croreThe National Land Monetization Corporation recommended assets worth over Rs 5,000 crore for monetization. Its board stressed accelerating v...
- NLMC Investor Meets announced for RINL land e-auction in Visakhapatnam, Hyderabad, VijayawadaThe National Land Monetization Corporation is organising investor meets across Andhra Pradesh. These meetings will inform participants abou...
- Not just in legislature, rare to see women in corner offices of PSUs tooWomen account for less than 10% of employees in India’s central public sector enterprises, with representation particularly weak in supervi...
- Chasing dues could get easier for small businesses under new rules, MSME Secy Bharat Khera explainsThe number of enterprises in the formal ecosystem has increased from around 16.5 million three to four years ago to 92 million currently, s...
- Parliamentary panel on finance suggests task force to fill 38 vacant DIPAM positionsA parliamentary committee highlighted a significant 43 percent vacancy rate within DIPAM. This shortage severely impacts the department's a...
- Independence Day 2026: The companies India built for business backbone enter a new chapter2026 Independence Day: India's public sector, initially built for industrial necessity, is now undergoing a significant transformation. The...
- 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...
- Report card for 90 CPSEs likely in OctoberThe government plans to assess the performance of 90 Central Public Sector Enterprises in 2024-25. This evaluation will commence in October...
- 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...
- Net profit of CPSEs down 20% to Rs 1.38 lakh crore in FY'20Overall net profit of operating CPSEs during 2019-20 stood at Rs 93,295 crore as against Rs 1,42,666 crore in the previous year, down 34.6 ...
- Finance Minister Nirmala Sitharaman pushes large CPSEs to meet 75% of FY21 capex target by DecemberThe FM held a virtual meeting with secretaries of coal and petroleum & natural gas, along with the chairman and managing directors (CMDs) o...
- Finance Minister Nirmala Sitharaman asks heads of 23 CPSEs to boost capex plansDuring a meeting, which included the ministries of petroleum and natural gas, coal, power, mines, the department of atomic energy and the m...
- Govt preparing list of profit-making arms of CPSEs for listingCurrently, profit making CPSEs with a minimum net-worth of Rs 500 crore are listed on the exchanges.
- 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...
- Economic Survey 2016: Contribution of CPSEs like ONGC dipped by Rs 20,000 crore in FY15ONGC, Coal India, NTPC, National Mineral Development Corporation (NMDC) and Power Finance Corporation were the top five profit-making CPSEs.
- Government tells CPSEs to enrol employees under AadhaarThe government has directed all central public sector enterprises (CPSEs) to ensure that their employees are enrolled under the Aadhaar sch...
- 47 profit-making CPSEs fail to comply with CSR norms: CAGAs many as 47 profit-making CPSEs failed to comply with the Corporate Social Responsibility (CSR) norms prescribed by the government in 201...
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