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...
25 May, 2026, 03.27 PM IST
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...
24 May, 2026, 01.19 PM IST
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...
24 May, 2026, 10.45 AM IST
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...
18 May, 2026, 12.51 PM IST
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...
18 May, 2026, 05.55 AM IST
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...
15 May, 2026, 07.13 AM IST
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...
10 May, 2026, 04.10 PM IST
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...
10 May, 2026, 12.31 AM IST
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...
09 May, 2026, 01.16 PM IST
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...
08 May, 2026, 08.46 AM IST
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...
07 May, 2026, 10.41 PM IST
Prolonged war may hit Rs 75,000 crore dividend targetThe ongoing turmoil in West Asia casts a shadow over India's revenue streams. Soaring commodity prices may squeeze the profitability of sta...
13 Apr, 2026, 12.49 AM IST
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...
07 Apr, 2026, 11.44 PM IST
Hindustan Copper eyes Navratna status, says CMDHindustan Copper Ltd is aiming for Navratna status. This recognition signifies improved operations and strategic growth. The company is agg...
05 Apr, 2026, 11.55 AM IST
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...
17 Mar, 2026, 11.33 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
- 47 profit-making CPSEs fail to comply with CSR norms: CAG
As many as 47 profit-making CPSEs failed to comply with the Corporate Social Responsibility (CSR) norms prescribed by the government in 201...
07 May, 2013, 07.07 PM IST