Selloffs start in public sector companies making lossesThe government had earlier listed six loss-making companies for sale or closure but wants to have a clear policy to avoid any controversies.
25 Dec, 2014, 12.03 PM IST
Government to finally shut terminally ill PSUs like HMT Watches, Tungbhadra Steel and others6 firms to be shut in first phase include Hindustan Photo Films, HMT Bearings, HMT Chinar Watches, Tungbhadra Steel, Hindustan Cable & HMT ...
17 Nov, 2014, 11.36 AM IST
National Films Development Corporation among 50 PSUs government planning to shut downSet up in 1975, Mumbai-based NFDC had been in the red for many years. It reported a net loss of Rs 7.13 crore in 2009-10, after which the g...
29 Sep, 2014, 04.27 AM IST
Government to wind up 6 PSUs including HMTGovernment may wind up at least six central public sector enterprises including the iconic watchmaker HMT that it believes are not capable ...
26 Sep, 2014, 04.37 AM IST
Government nod for Rs 288 crore payment to staff of 11 ailing CPSEsThe government today approved Rs 287.67 crore for payment of statutory dues and salary among others to employees of eleven loss-making cent...
10 Sep, 2014, 08.17 PM IST
Govt mulling providing non-plan loan to 11 sick CPSEsThe government today said it is considering a proposal to provide non-Plan loan to eleven sick central public sector enterprises (CPSEs).
06 Feb, 2014, 10.24 PM IST
11 sick PSUs gets Rs 116 crore for payment of wages, other duesThe government provided Rs 116.86 crore to eleven sick public sector units (PSUs) towards payment of wages and other dues.
26 Dec, 2013, 02.59 PM IST
CCEA approves 3.56% stake sale in Neyveli CorporationThe stake sale was done to meet the minimum public holding norm of market regulator Sebi.
14 Aug, 2013, 03.46 AM IST
Employees of 10 sick PSUs to get six months salary till MarchEmployees of 10 ailing central public sector enterprises (CPSEs), including Hindustan Cables and HMT Ltd, will get outstanding salaries and...
13 Aug, 2013, 10.02 PM IST
- Govt approves Rs 122 cr for clearing dues of 9 CPSEs
The govt today approved a non-plan budgetary support of Rs 122.65 crore for clearing of statutory dues including salary and wages of nine s...
21 Feb, 2013, 10.30 PM IST
- Sick CPSEs get Rs 68 cr to settle dues
In a big bonanza for employees of sick and loss making central public sector enterprises, the government has decided to settle their statut...
07 May, 2010, 02.49 AM IST
- APEDA Act amendments get Cabinet approval
The Union Cabinet on Thursday approved amendments to the Agriculture Processed Food Products Export Development Authority Act (APEDA Act) f...
19 Sep, 2008, 04.08 AM IST
- India, Luxembourg in pact to skip dual taxation
The government on Thursday approved the ‘double taxation avoidance agreement’ with Luxembourg.
22 Feb, 2008, 03.27 AM IST
- Govt okays proposal to clear wage dues of staff of 12 PSUs
Government on Thursday released wages and other allowance that are due to employees of 12 public sector firms, including Andrew Yule and HM...
21 Feb, 2008, 03.54 PM IST
- BHEL, NTPC form power JV
NTPC and BHEL form joint venture to synergise their operations to set up power projects.
10 Sep, 2007, 05.00 PM IST
- Govt grants Rs 77.25 cr to clear PSU arrears
The government has decided to sanction Rs 77.25 crore to liquidate wage and other arrears of employees of 13 public sector enterprises unde...
05 Jul, 2007, 02.10 PM IST
- OIL gets okay to up stake in Numaligarh Refinery
The Union Cabinet has approved the enhancement of Oil India’s stake in Numaligarh Refinery (NRL) to 26%.
03 Jun, 2006, 01.22 AM IST