The Cabinet is likely to consider a proposal to create a special fund that will buy shares of listed loss-making PSUs.

The Finance Ministry has circulated a draft Cabinet note for creation of a special fund which will buy shares of listed loss-making PSUs.

The government plans to buy shares of at least seven loss-making PSUs at 1 through a specially-created fund to help these entities.

With the govt's plan of selling stake in sick PSUs going awry, it is now considering unlocking the land bank of these cos to generate reven...

The ministry is of view that cos such as Scooters India and HMT Bearings that do not seem to have strategic plan for revival should be put ...

The heavy industries ministry has cleared outright sale of sick state-run companies Scooters India and HMT Bearings.

The government has asked all sick public sector enterprises (PSEs) to prepare an inventory of the real estate in their possession.

In order to boost its divestment proceeds, the government is now planning a mega recapitalisation process for sick PSUs.

After initiating divestment of the government stake in Andrew Yule and Cement Corporation of India (CCI), the ministry of heavy industries ...

State Bank of India (SBI) has accumulated non-performing assets worth Rs 1,700 crore from a single PSU, which is more or less dead and defu...

Never mind the resource crunch and assertions by government managers that not a single investable rupee will be wasted; the government is a...