The Finance Ministry has told Parliament about plans to change how Central Public Sector Enterprises are classified and assessed. The gover...

"Refining margins in the last quarter of 2012-2013 have been very bad."

According to the norms, the PSE should have made profit for three successive years and should have a positive net worth.

The government plans stricter criteria for awarding the coveted navratna and miniratna status for state-run companies, after requests from ...

The government provided enhanced financial autonomy to two public sector units -- Bridge and Roof Company and Bharat Pumps and Compressors ...

Government may rejig 'Navratna' category for public sector units and create sub-categories to accommodate more PSUs.

Govt is likely to strip miniratna status of several companies which have failed to meet the eligibility criteria, an official in the depart...

ONGC Videsh’s (OVL) aggression in acquiring oil & gas assets abroad may soon be rewarded.

The government on Monday said National Hydroelectric Power Corporation will hit the market with an initial public offering by August this y...

This will have positive impact on the performance of the company, enabling it to take faster decisions in the ever changing business enviro...

The Coal Ministry finalising modalities to grant 'mini-ratna' status to Central Coalfields Limited (CCL) next month.

The government has short-listed eight miniratnas for stripping them of the status on grounds of non-performance.

The government is likely to tighten norms for granting public sector undertaking (PSU) to qualify as mini-ratnas.

The government is planning to set a minimum level on profit and turnover so as to put a check on the number of PSUs getting the coveted sta...

The government has granted mini-ratna status to six more public sector undertakings, providing for greater financial and functional autonom...

NAVRATNAS and miniratnas will soon go places with the financial freedom given to them by the Cabinet on Monday to invest in new ventures.

The United Progressive Alliance intends to put the national resources under the control of public sector enterprises to optimal use by chan...