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Steel minister reviews PSU performance, asks to align business activities to remain competitiveThe steel minister on Monday held a virtual conference with SAIL chairman and CMDs of NMDC and MECON, to review the activities and performa...- Going for more professionalism in PSUs via equity dilution: Dharmendra PradhanThe Union Cabinet on Wednesday decided to sell its entire stake in three enterprises and bring down stake below 51 per cent in select PSUs.
- SAIL and NMDC should surrender undeveloped iron ore blocks: ExpertsThe state-owned steelmaker currently has an annual iron ore production capacity of 64.5 mt, according to data available on its website.
- SAIL may return to profit next year: Steel SecretaryStating that five of the seven steel PSUs, including NMDC, MOIL and MSTC, are well established, the secretary said the vision of the PSU is...
- Sail plants CEOs, experts to monitor unit's progressThe move comes at a time when the country's largest steel maker Sail is drawing flak from the government for slow progress in modernisation...
- Perform or perish: Steel Minister to top brass of PSUsThe minister pulled up public sector firms like SAIL and RINL for not only lagging behind on international benchmarks, but were behind thei...
- Extension denial to SAIL, NTPC heads denting PM Narendra Modi's image: Ex-ONGC chief RS SharmaCriticising government for denying extension to heads of NTPC and SAIL, former ONGC Chairman RS Sharma has said PM Modi's reputation is get...
- Government notifies 25% minimum public holding norms for listed PSUsEarlier proposal in June 2010 also required PSUs to attain minimum 25 per cent public holding, but these norms were relaxed later at that t...
- SAIL, BHEL, HMT identified to takeover three sick PSUsGovernment has identified three sick PSUs which will be either merged or taken over by SAIL, BHEL and HMT, Parliament was informed today.
- PSU heads to have fixed tenure of 3 years: Praful PatelHeads of state-run firms may soon have three-year fixed tenure to provide more stability to companies.
- Government allows SAIL, RINL to charter ships directly for importsSAIL and RINL at present import around 14-15 million tonnes of coking coal annually," said an official statement following the Cabinet meet...
- 'CBI probing 2 cases of irregularities in SAIL's CSR program'The Central Bureau of Investigation has initiated investigations in two cases relating to alleged irregularities in steel major SAIL's CSR ...
- Govt banks on ONGC stake sale to meet divestment targetGovt is still betting on ONGC share sale to gather cash to bridge the shortfall in Rs 40,000 cr disinvestment target for current fiscal.
- Steelmin for reservation in mining for PSUsContrary to competitive bidding proposed in the upcoming mining Act, Steel Minister Virbhadra Singh today suggested that his PSUs like SAIL...
- Differences surface within govt over mines profit-sharingJaiswal's views are in contrast to Steel Minister Virbhadra Singh's demand for giving a "special consideration" to PSUs like SAIL and NMDC.
- PSUs contribution to exchequer at Rs 1.52 L cr in FY10'Steel minister Virbhadra Singh said the contribution of the Central PSUs to the exchequer was to the tune of Rs 1,51,728 crore during 2009-...
- PSUs sitting on a cash pile of Rs 1,00,000 croreIndia’s top 30 non-financial PSUs were sitting on a cash pile of nearly Rs 1,00,000 crore at the end of FY08, a 100% growth over FY06.
- SAIL may get to pare board sizeThe country’s largest steelmaker Steel Authority of India (SAIL) may soon get government nod to reduce its board size
- HAL, Nalco enter the navratna clubWe may soon have more public sector undertakings (PSUs) in the navratna fraternity, but ironically, the new additions are not in the 2005-0...
- SAIL to join the global acquisition bingeHaving missed the takeover action so far, Steel Authority of India Ltd (SAIL), which would soon be dethroned as India’s largest steelmaker,...
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