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CAPITAL INFUSION FOR PSUS
Proposed ₹30,000 crore capital infusion in oil PSUs may be cut by halfThe government had announced its capital support plans for these state-run refiners last February in the FY24 Union budget. At the time, th...06 Jan, 2024, 01.13 AM IST- Budget 2020: BSNL, MTNL to get Rs 37,640 cr from govt in FY21The government will infuse Rs 14,115 crore in BSNL and Rs 6,295 crore in MTNL for 4G spectrum.21 Dec, 2020, 10.12 AM IST
- ET Explains: Will February 1 be FM Sitharaman's Thatcherite moment?For FM, Feb 1 could be the proverbial moment to borrow from Thatcher's playbook and go on a privatisation spree.29 Jan, 2020, 08.53 PM IST
- Brokerage Radar: CLSA on financials and telecom sectorCapital infusion in PSUs and funding lines a plus, said CLSA.27 Aug, 2019, 10.40 AM IST
- MTNL remains relevant for telecom, its sustainability important for customers, market: CMDThe comment assumes significance as loss-making telecom PSUs MTNL and BSNL are saddled with massive debt and have faced problems in clearin...22 Apr, 2019, 03.03 PM IST
- Sebi may help in govt's recapitalisation plans for PSU banksThe infusion, part of the broader recapitalisation move, will increase in some cases shareholding of the promoter, that is govt, beyond 75%...22 Jul, 2016, 12.50 AM IST
- Experts cautious over rally in PSU bank sharesAnalysts believe PSU banks will accelerate bad loan provisioning in the next few quarters leading to suppressed profitability.13 Jul, 2016, 06.55 PM IST
- Bank stocks rally after RBI eased rules to give lenders more money to play withRBI allowed banks to recognise some of their foreign currency reserves in overseas operations and liberalised the treatment of deferred tax...02 Mar, 2016, 11.09 AM IST
- Private banking more promising than PSUs; ICICI, Axis Bank top bets: P Phani Sekhar"So one would still be comfortable in name such as ICICI Bank which even despite the rally over the last two days still looks pretty intere...16 Jul, 2014, 03.49 PM IST
- After Scooters India, govt may revive more sick PSUs: DPE SecyAfter clearing the financial package for Scooters India, the central government may take up another 10 to 11 sick PSUs for reviving them.15 Mar, 2013, 02.25 PM IST
- Disinvestment proceeds to fund PSUs, banks, insurers: Finance MinistryAlso, the fund will be used for preferential allotment of CPSE shares to promoters so that government holding does not go down below 51 per...26 Feb, 2013, 03.40 PM IST
- Popular drugs a waste of money?They are some of the most common drugs consumed in India. But PM’s high-level expert group on universal health coverage claims that they ar...10 Mar, 2011, 08.54 AM IST
- Liquidity crunch likely to delay lifeboat for central PSUsThe revival process of 83 central public sector enterprises (CPSEs) is likely to be delayed due to the liquidity crunch.05 Nov, 2008, 01.02 AM IST
- Govt allows private sector candidates' entry in PSUsIn a move to facilitate entry of private sector players into central public sector enterprises for a period of five years, the government o...13 Mar, 2008, 10.34 PM IST
- Govt to provide a lifeline for ailing PSUsNever mind the resource crunch and assertions by government managers that not a single investable rupee will be wasted; the government is a...30 Sep, 2004, 01.20 AM IST
- Govt favours PSUs' dues clearanceA Group of Ministers has favoured the clearing of outstanding statutory dues, totalling Rs 2,000 crore, by profit-making public sector comp...15 Aug, 2002, 01.36 AM IST
- Govt to reduce equity in PTC to 30%THE GOVERNMENT may reduce its equity, by half to 30 per cent, in Power Trading Corporation either directly or through PSUs as part of PTC's...24 Dec, 2001, 01.05 PM IST
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