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TUNGABHADRA STEEL
In talks with Defence Ministry to hand over Tungabhadra plant: Anant GeeteAnant Geete today said his ministry is in talks with the Ministry of Defence to hand over the latter the charge of ailing Tungabhadra Steel...- Cabinet approves closure of Tungabhadra Steel ProductsThe development also provides for getting the name of TSPL removed from the Registrar of Companies after setting balance liabilities of the...
- Uniform policy in the works to shut loss-making CPSEsThe new policy will detail a plan for central assistance on loans for payment of salaries, wages and statutory dues to sick companies.
- Modi government decides to shut 3 HMT units, offer VRS to employeesThe decision to shut the units was taken at a meeting of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi.
- Will offer attractive VRS: Anant Geete on Hindustan Cables shutdownGovernment plans to shut down terminally sick Hindustan Cables by offering an "attractive VRS" to its 1,500 employees, a final decision on ...
- Government decides to shut Tungabhadra SteelGovernment has decided to close ailing Tungabhadra Steel Products Ltd by offering a voluntary retirement scheme (VRS) to remaining 72 emplo...
- Government moves closer to shut down 3 HMT units, Tungabhadra SteelGovernment said it has submitted closure proposals related to four companies including three HMT units and Tungabhadra Steel to CCEA for ap...
- 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...
- India's first National Capital Goods Policy to be unveiled in NovemberThe first-ever policy for India's capital goods sector will be placed before the Cabinet for approval by November-end, a government officia...
- Government to revive 7 ailing central PSUs: FinMinThe other sick CPSEs which will be revived are Tungabhadra Steel Products, HMT Bearings, Richardson & Cruddas Ltd, Central Inland Water Tra...
- 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...
- Eight sick PSUs not paid wages to staff since October 2012: Praful PatelEight sick PSUs, including HMT Watches and Hindustan Cables Ltd, have not paid salaries to their employees since October 2012, Parliament w...
- Government considering non-plan loan to 8 sick CPSEs: Praful PatelPatel said the Board for Industrial and Financial Reconstruction (BIFR) has suggested various measures for revival of sick industrial CPSEs.
- Govt working on plan to revive sick PSUs including Scooters India and HMT Chinar Watches: Praful PatelThe government today said it is working on a plan to revive sick PSUs including Scooters India and HMT Chinar Watches.
- Nine sick PSUs have not paid salaries on time: Praful PatelGovt today said nine sick PSUs including Scooters India Ltd, HMT Bearings and Hindustan Cables Ltd have not paid salaries to their employee...
- Four sick PSUs on govt's 'fast track' selloff listPanel to weigh sale and JVs for Hindustan Cable, Richardson & Cruddas, HMT &Tungabhadra Steel.
- BYNL may face closure, awaits cabinet approvalState-owned Bharat Yantra Nigam Limited (BYNL) is likely to be wound up.
- Little profit from PSUs despite huge investmentProfit made by central public sector undertakings stood at Rs 74,432 crore in ’04-05, which is almost half of the funds invested by the gov...
- PSU revival plans need Parliament’s approvalIn a move that could seal the fate of the government’s plan to revive loss-making public sector units with private partnership, the law min...
- Shourie plays the VRS card to speed up divestmentThe disinvestment ministry has sought early settlement of outstanding dues of employees of five PSUs that are in advanced stage of privatis...
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