The government had earlier listed six loss-making companies for sale or closure but wants to have a clear policy to avoid any controversies.

Pon Radhakrishnan said his ministry has taken up the issue of possible revival of HHindustan Photo Films, which was already on the verge of...

The government today approved Rs 287.67 crore for payment of statutory dues and salary among others to employees of eleven loss-making cent...

The decision of Cabinet Committee of Economic Affairs is expected to provide relief to the employees of the firm, and help in their rehabil...

Oil explorer ONGC has yet again emerged as the number one performer in the coveted list of 10 highest profit-making state-owned firms.

The government today said it is considering a proposal to provide non-Plan loan to eleven sick central public sector enterprises (CPSEs).

The government provided Rs 116.86 crore to eleven sick public sector units (PSUs) towards payment of wages and other dues.

The Board would try to find out the factors, other than basic ones like funds shortage and obsolete technology, for sickness in public sect...

Employees of 10 ailing central public sector enterprises (CPSEs), including Hindustan Cables and HMT Ltd, will get outstanding salaries and...

The Department of Heavy Industries will soon seek the Cabinet approval for VRS it is preparing for employees of sick PSU Hindustan Photo Fi...

Eight sick PSUs, including HMT Watches and Hindustan Cables Ltd, have not paid salaries to their employees since October 2012, Parliament w...

Stepping up their agitation for revival of public sector HPF, nearly 800 employees of the unit sent a memorandum signed in blood to PM Manm...

Sick units like HMT Ltd and Hindustan Cables will be revived soon as proposals to nurse these units back to health are in advanced stages.

A delegation of DMK leaders led by its Parliamentary Party leader T R Baalu called on Prime Minister Manmohan Singh in New Delhi and submit...

The government today said it is working on a plan to revive sick PSUs including Scooters India and HMT Chinar Watches.

The government is considering proposals from PSUs to sell 1,300 acres in various states, worth several thousand crores of rupees, and use t...

The government has decided to sanction Rs 77.25 crore to liquidate wage and other arrears of employees of 13 public sector enterprises unde...