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SICK ENTERPRISES
Harsh Goenka amazed by Japanese school lunches Americans are praising; viral video reveals whyA video shared by Harsh Goenka on social media highlights Japan's exceptional school lunch system, focussing strict hygiene, meticulous nut...
Kerala’s healthcare gold rush: How private equity is reshaping hospitals and raising fears over costsPrivate equity funds are pouring hundreds of millions of dollars into Kerala’s healthcare sector, reshaping a system long dominated by inde...
Government plans to wind up some sick PSUs: Anant GeeteThe govt is looking to wind up some sick public sector enterprises, minister of heavy industries and public enterprises Anant Geete said on...
Profit-making PSUs want angel investments counted as CSRA senior official with a blue chip PSU emphasized that there has to be an incentive for nurturing sick enterprises, which numbered 61 in Ma...
Government may wind up BRPSE, constitute new entity for sick PSUsThe move to wind up BRPSE is expected to clear way for the government to pursue option of stake sale in most of the sick 65 central public ...
PM Narendra Modi seeks to revive "zombie factories", not abandon themThe govt has set up a committee to examine ways sick public companies can be resuscitated, including using cash reserves to provide lifelin...
Nearly 2.5 lakh sick MSME units in the countryAs per provisional data provided by RBI, 8,836 sick MSEs have been identified as potentially viable of which 4,460 are under 'nursing' as o...
PESB examining reasons for sickness among PSUsThe Board would try to find out the factors, other than basic ones like funds shortage and obsolete technology, for sickness in public sect...
- 64 CPSEs sick as on March 2012: Praful Patel
There were 64 sick Central Public Sector Enterprises (CPSEs), including Hindustan Cables, HMT Watches and ITI Ltd, as on March 31, 2012.
- RBI announces new guidelines for rehabilitation of sick MSEs
Revising definition of sickness in micro and small enterprises (MSEs), the Reserve Bank today asked banks for timely and adequate assistanc...
- RBI redefines sick micro and small enterprises
RBI changed the definition of sickness and procedure for assessing the viability of sick micro and small enterprises units to hasten the id...
- CAG for new framework for revival/closure of sick PSUs
The new mechanism, it added, should also focus of ensuring better synergy between the various agencies involved in revival or closure exerc...
- Need to redefine sick industrial units, says KC Chakrabarti
RBI Deputy Governor K C Chakrabarti said efforts were on to redefine what makes an industrial unit sick, which will help bring down delinqu...
- Government may raise retirement age by 2 years in sick PSUs
A senior official in the ministry of heavy industries and public enterprises said the move will benefit over 100,000 employees across 50 ai...
- Department of public enterprises: Revive or shut state-run sick units
The government has already put three sick public sector enterprises on the block and is looking to get rid of some more
- Move to raise retirement age in PSUs are on revival path
In order to nurse back sick PSUs to health, the government is considering to enhance the retirement age of employees to 60
- Board-level officials may get extra benefits for working in sick PSUs
Board-level officials in state-run cos may get extra benefits if they agree to serve in sick public enterprises.
- Govt will review revival plans of sick PSUs
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 ...
- Hunt on for revived PSUs' partners
A number of loss-making state-owned companies have posted profits in the recent years, encouraging the government to explore the option of ...
- Steps to revive 1,262 sick units in MSME sector
MSME minister Mahabir Prasad, said as per the RBI data the number of sick MSMEs in India is 85,187 (till March, 2008), of which 1,262 have ...