ECGC IPO likely to be pushed to next fiscal amid volatilityThe initial public offering (IPO) of state-run ECGC, India's largest export credit insurance firm, is likely to be postponed to the next fi...
21 May, 2023, 08.16 AM IST
Shipping Corp, BEML, BPCL among CPSEs to be privatised next fiscal year ; 3 IPOs lined upThe government will move ahead with strategic sale of Shipping Corporation, BEML and BPCL in the next financial year, besides initial publi...
03 Feb, 2022, 05.03 PM IST
Govt to soon clear list of independent directors for various banksThere have been vacancies at the independent director level across the public sector space, leading to regulatory non-compliance, sources s...
14 Nov, 2021, 02.47 PM IST
Cabinet okays Rs 4,400 crore infusion in ECGC, its listingThe government said the capital infusion and planned IPO will increase ECGC's underwriting capacity up to ₹88,000 crore and facilitate addi...
29 Sep, 2021, 11.47 PM IST
Cabinet approves listing of ECGC, capital infusion of Rs 4,400 croreThe Union Cabinet on Wednesday approved capital infusion of Rs 4,400 crore in the state-owned Export Credit Guarantee Corporation (ECGC) an...
29 Sep, 2021, 06.42 PM IST
Export boost: Cabinet approves ECGC listing on bourses, Rs 4,400 cr capital infusionECGC Limited is a wholly-owned CPSE of the government of India and provides insurance covers to banks against risks in export credit lendin...
29 Sep, 2021, 06.41 PM IST
Cabinet approves listing of ECGC, capital infusion of Rs 4,400 crThe government will inject Rs 4,400 crore in the ECGC over a period of five years beginning 2021-22, said Commerce Minister Piyush Goyal to...
29 Sep, 2021, 03.57 PM IST
Discussing with banks to provide foreign currency loans to exporters: Piyush GoyalGoyal also said Export Credit Guarantee Corporation of India (ECGC) can play a role of credit enhancement agency for exporters.
21 Jun, 2019, 08.49 PM IST
CBI books Vadodara firm for Rs 2654-crore fraud; raids premisesThe CBI alleged that DPIL, which manufactures electric cables and equipment, is promoted by S N Bhatnagar and his sons Amit Bhatnagar and S...
05 Apr, 2018, 04.26 PM IST
Government asks 2 PSU general insurers to improve financesDue to huge underwriting losses, United India Insurance and Oriental Insurance Co Ltd, have suffered net losses of Rs 429 crore and Rs 382 ...
08 Jan, 2017, 02.31 PM IST
FinMin may finalise listing plan for PSU insurers in 2 monthsListing of PSU general insurance was announced in the Union Budget 2016-17 by Finance Minister Arun Jaitley.
09 Oct, 2016, 12.50 PM IST
Finance Ministry to issue Cabinet note on listing of PSU insurers soon"Cabinet note for consultation on listing of four PSU general insurance companies will be issues in the next few weeks," sources said.
03 Jul, 2016, 12.29 PM IST
EPCH officials meet Textiles Minister for Budget suggestionsExport Promotion Council for Handicrafts (EPCH) officials have met Union Textiles Minister K S Rao to share their suggestions regarding Uni...
17 Jan, 2014, 09.13 PM IST
- Rs 2,500 crore bank fraud: CVC examining case against 24 officials
CVC is examining a reference received from Punjab National bank involving 24 of its officials in an alleged fraud involving over Rs 2,500 c...
29 Nov, 2012, 08.41 PM IST
- Stimulus package for exports, housing & steel
One of the fall-outs of the financial crisis this year is that many exporters saw a dip in demand. Gainers: BSE ( A, B ) | NSE | Losers: BS...
24 Dec, 2008, 05.32 PM IST
- Govt plans Rs 350-cr export package
Exporters who have purchased export credit protection are set to get an additional dole-out from the government over and above the cover th...
24 Dec, 2008, 02.10 AM IST
- Venus bags Dun and Bradstreet's top exporter award
Ludhiana based Venus Garments (India) Limited, part of the Duke Group, has been awarded with Dun and Bradstreet, ECGC Indian Exporters Exce...
16 Jun, 2008, 07.02 PM IST