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FINANCING SICK UNITS
Accused Donald Trump attacker at Washington media dinner is a tutor and computer engineer from CaliforniaA highly educated tutor and game developer from Torrance, California, Cole Tomas Allen, was arrested following a shooting at the White Hous...- PSUs identified, FinMin to take call on stake sale: Niti AayogWe have pushed very strongly for closure of many of the sick units. That is something that has been talked about for decades but has not ha...
- NITI Aayog to identify sick units and shortlist PSUs ready for strategic saleFinance Minister Arun Jaitley had said in his Budget 2016-17 speech that NITI Aayog will identify Public Sector Units for strategic sale.
- NITI Aayog set to submit divestment, strategic sale blueprintPanagariya said NITI Aayog was set to submit a blueprint for divesting government's stake in some PSUs and strategic sale of some units.
- PMO to oversee plan to reform central public sector enterprisesThe government is planning to give a push to expenditure plans of central public sector enterprises and help them better utilise their surp...
- Rajasthan to use PSUs surplus money for financing sick unitsThe Rajasthan government will use surplus money of state PSUs for providing finance to power companies and sick units, a state minister sai...
- Bharati Shipyard turns sickBharati Shipyard today said it has turned into a sick industrial unit after its net worth eroded completely as on March 31, 2015.
- Ministry working on sweetening bankruptcy pill for sick unitsThe government is working on developing a bankruptcy framework to offer easier exit routes to sick companies while helping revive those wit...
- Finmin considering plan to form company to take over bad loansFin Min is considering a proposal to set up a National Asset Management Co that may act as a nodal agency for taking over bad loans of bank...
- Assocham suggests strategy for revival of sick units in West BengalNearly 96% existing sick units in West Bengal are not in the condition of revival in West Bengal.
- RBI to come out with new definition of sick units soonThe Reserve Bank will come out with a new definition of sick units shortly, RBI Deputy Governor K C Chakrabarty said today.
- RBI for setting up of rehabilitation fund for sick MSMEsThe Reserve Bank has suggested setting up a rehabilitation fund for reviving sick micro, small and medium enterprises (MSMEs) in the wake o...
- Rs 40K cr PSUs disinvestment target achievable: Praful PatelHeavy Industries and Public Enterprises Minister Praful Patel on Tuesday said the target of Rs 40,000 crore proceeds through disinvestment ...
- Trade Unions present budget wish list to FMTrade Union representatives have asked FM that all economic stimuli packages in the forthcoming budget should be required to increase emplo...
- 1016 small units in Orissa shut down, 667 revivedOrissa has identified 1690 units in micro, small and medium enterprises [MSME] sector as sick of which 1016 are prima facie not viable.
- BIFR benches may be increased, says PranabThe Government is considering increasing the number of benches in BIFR, the quasi-judicial body that looks at revival of financially sick c...
- Fin Min, RBI to direct banks to step up credit to MSMEThe Finance Ministry and the Reserve Bank will issue directions to the banks to step up credit for micro, small and medium enterprises.
- Finmin rejects BRPSE plan to revive fertiliser PSUsThe finance ministry has turned down a proposal by the Board for Reconstruction of Public Sector Enterprises (BRPSE) to use government fund...
- 8% growth will be achieved this year: ChidambaramFinance Minister P Chidamabram on Saturday said the government will take care to see that the global recession did not have any direct impa...
- Govt to set up panel to evaluate sick units in MSMEThe government will soon set up a committee to look into reasons behind sick industries in the Micro, Small and Medium Entreprises (MSME) s...
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