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FINANCIAL SECTOR CPSES
LIC emerges as highest profit-making financial company in Jan-Mar quarterLast week, LIC reported a 23 per cent jump in net profit to record Rs 23,420 crore in the just concluded March quarter as compared to Rs 19...24 May, 2026, 01.19 PM IST- LIC emerges as highest profit-making financial company in March quarterLife Insurance Corporation of India has achieved the highest profit in the Indian financial sector for the March quarter. The company repor...24 May, 2026, 10.45 AM IST
- SBI Ventures to manage Rs 20,000 crore Maritime FundSBI Ventures has been appointed as the fund manager for the ₹20,000-crore Maritime Investment Fund. This initiative, backed by government e...18 May, 2026, 05.55 AM IST
- Stronger push for accountability: Evaluation tightened, faltering CPSEs to face strict penaltiesNew performance rules for central public sector enterprises have come into effect. Strict penalties will be applied for not meeting corpora...15 May, 2026, 07.13 AM IST
- Finance Ministry cracks down on contractor wage delays with new procurement rulesGovernment contracts now require adherence to labour laws. Firms failing to pay wages or deposit social security contributions face debarme...10 May, 2026, 12.31 AM IST
- Finance ministry links government procurement with labour law complianceAn office memorandum dated May 8, 2026, issued by the procurement policy division of the department of expenditure to all central ministrie...09 May, 2026, 01.16 PM IST
- Prolonged war may hit Rs 75,000 crore dividend targetThe ongoing turmoil in West Asia casts a shadow over India's revenue streams. Soaring commodity prices may squeeze the profitability of sta...13 Apr, 2026, 12.49 AM IST
- Hindustan Copper eyes Navratna status, says CMDHindustan Copper Ltd is aiming for Navratna status. This recognition signifies improved operations and strategic growth. The company is agg...05 Apr, 2026, 11.55 AM IST
- CAG flags governance issues among central public sector enterprisesThe CAG flagged corporate governance lapses in CPSEs, noting that 26 of 71 listed firms had improper board composition, 55 lacked independe...21 Jul, 2025, 11.27 PM IST
- PSU stocks: New rules for share buyback, bonus issue, stock split and dividendThe finance ministry has updated capital restructuring guidelines for non-bank public sector enterprises (PSUs) to ensure optimal fund util...19 Nov, 2024, 02.14 PM IST
- Capital restructuring norms for CPSEs updated to add valueIndia's finance ministry has revised guidelines for capital restructuring by central public sector enterprises (CPSEs), aiming to enhance t...19 Nov, 2024, 12.57 AM IST
- Govt revises dividend, buyback and bonus issue norms for CPSEsThe Indian government has updated its guidelines for Central Public Sector Enterprises (CPSEs) capital restructuring. The revisions include...18 Nov, 2024, 10.20 PM IST
- DIPAM issues revised capital restructuring norms for CPSEsIndia's Finance Ministry has updated guidelines for capital restructuring by Central Public Sector Enterprises (CPSEs), requiring a minimum...18 Nov, 2024, 10.00 PM IST
- FM Nirmala Sitharaman asks CPSEs in power, mines and atomic energy to scale up capexAppreciating the efforts of the ministries and CPSEs for making visible efforts to meet the capital expenditure targets, the finance minist...27 Nov, 2020, 05.23 PM IST
- Cabinet gives nod to wage policy framework for CPSE workersThe decision on the wage policy for the eighth round of negotiations for the workers was taken at the Union Cabinet meeting chaired by Modi.22 Nov, 2017, 04.17 PM IST
- New appraisal system to pitch PSUs against private sectorStarting 2016, the performance of PSUs will be benchmarked against private sector peers as part of a new appraisal system being worked out ...05 Jan, 2016, 05.20 AM IST
- Govt issues norms for revival of sick public sector unitsGovernment today issued the guidelines for revival and restructuring of ailing and weak Central Public Sector Enterprises.30 Oct, 2015, 08.41 PM IST
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