Chennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...

India is attracting foreign debt capital by removing taxes and easing borrowing rules. This move is expected to inject significant liquidit...

Two major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...

India's government struggles to close ailing state-owned companies. Bureaucratic hurdles and complex asset sales delay closures. This ties ...

The Centre is pushing ministries to accelerate the closure of unprofitable state-owned companies. Progress has been slow despite a policy a...

Last 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...

Life Insurance Corporation of India has achieved the highest profit in the Indian financial sector for the March quarter. The company repor...

Balmer Lawrie & Company's shares fell over 6% after the board decided against a proposed bonus issue, stock split, and share buyback, citin...

SBI Ventures has been appointed as the fund manager for the ₹20,000-crore Maritime Investment Fund. This initiative, backed by government e...

New performance rules for central public sector enterprises have come into effect. Strict penalties will be applied for not meeting corpora...

India's private capital expenditure has seen a significant jump. This indicates a strong revival in the country's investment cycle. Manufac...

Government contracts now require adherence to labour laws. Firms failing to pay wages or deposit social security contributions face debarme...

An office memorandum dated May 8, 2026, issued by the procurement policy division of the department of expenditure to all central ministrie...

Asia 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...

Public sector companies and key government bodies significantly boosted capital spending in April. This surge of 63% marks a strong start t...

Capital spending by these CPSEs and Railway Board, National Highways Authority of India (NHAI), Delhi Metro Rail Corporation and Damodar Va...

A parliamentary panel has identified a significant managerial crisis within Central Public Sector Enterprises. Many CPSEs are operating wit...