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DPE SECRETARY
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...- Corruption probe to cover CPSE independent directors tooThe Department of Public Enterprises has broadened its investigation scope into corruption cases involving central public sector enterprise...
- New public sector enterprises policy envisages at most 4 PSUs in strategic sectors: DPE SecyAs part of the 'Aatmanirbhar Bharat Abhiyan' package, Finance Minister Nirmala Sitharaman had in May announced that there will be a maximum...
- Land of wound-up CPSEs should be retained with government: Parliamentary panelDepartment-Related Parliamentary Standing Committee on Industry, said it has always taken a firm stand that the fixed assets, particularly ...
- DPE to send PSUs reforms recommendations to Cabinet this monthDepartment of Public Enterprises will move a Cabinet note on reforms for state-owned companies by end of this month.
- High-Power Committee may consider new MoU norms this monthA High-Power Committee may take final call this month on proposed new norms to provide greater operational flexibility to PSUs.
- HMT Ltd, Hindustan Cables to be revived soon: DPE SecretarySick units like HMT Ltd and Hindustan Cables will be revived soon as proposals to nurse these units back to health are in advanced stages.
- Govt introduces norms for independent directors on CPSE boards'Under the norms, NoDs should have a candid view of the faults or shortcomings of company's plans and accordingly suggest measures for impr...
- MTNL to give up spectrum, sell land to retain Navratna statusMTNL has asked the government not to withdraw its Navratna status as it is working on a plan to start making profits by March 2013.
- Incentive-based target setting system to fulfill CPSEs' aspiration to be global corporate: DPE secretaryThe DPE, the nodal dept for CPSE policies & guidelines, will soon approach the cabinet to seek approval for a fresh MoU system.
- Changes on the horizon for performance contracts of public sector companies"One of the major concerns before us is how to bring loss-making public enterprises into the ambit of the MoU system," says OP Rawat, DPE s...
- North East state governments should create new public enterprises: DPE secretary OP RawatNE state govts should create new public enterprises in those sectors where private companies have been shying away from investing, DPE said.
- Better not set low targets to boost results, government to PSUsThe government has warned state-run enterprises not to understate their targets for the next financial year.
- DPE asks FinMin to make banks compete for PSUs' depositsPSU banks should be made to bid for surplus funds with the state-owned firms, rather than getting them through a common rate of interest.
- PSU should resolve wage issues themselves: DPEThe Department of Public Enterprises has said that all the wage-related issues should be resolved by state-owned companies at their own lev...
- DPE against Finance Ministry 'diktat' on PSUs disinvestmentDepartment of Public Enterprises is in disagreement with Finance Ministry on pushing PSUs for listing and follow-on public offers through a...
- Parent ministries oppose move to ease norms for conferring Maharatna statusThe development could delay upgradation of Bharat Heavy Electricals (BHEL) and Gas Authority of India (Gail) to 'maharatna' level.
- Coal India fit for coveted Maharatna tagThe Department of Public Enterprises has found that Coal India Ltd meets the criteria for the Maharatna status.
- DPE takes up CWG sponsorship with sports ministryState-owned companies may not have to shell out money for sponsoring the upcoming Commonwealth Games.
- Rural Electrification Corporation gets Navratna statusGovernment on Monday granted Navratna status to Rural Electrification Corporation, giving it financial and administrative autonomy.
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