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LOSS MAKING PSUS
Bank stocks gain on softer bond yieldsBanking stocks rallied on Monday, led by public sector lenders, as a dip in government bond yields improved sentiment. The Bank Nifty and N...- Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
- A case to raise petrol, diesel prices by Rs 25–28 per litre after Bengal, Tamil Nadu elections: Kotak Institutional EquitiesFuel prices in India may rise significantly after April 29. Global crude oil costs are high, causing losses for Indian refiners. Kotak Inst...
- PSU banks vs private bank stocks: Nomura analysts give 4 reasons to rotate your moneyAfter strong outperformance by PSU banks over the past year, Nomura turns cautious and prefers a shift to private banks, citing better risk...
- 24 of 44 PSUs in J-K loss-making, four non-functional: UT government to AssemblyJammu and Kashmir's public sector landscape reveals a challenging picture: 24 out of 44 PSUs are operating at a loss, with four completely ...
- Govt asks state-owned firms to consider insolvency court to shut loss-making unitsPublic sector companies will have to file an insolvency application under the Insolvency and Bankruptcy Code (IBC) for the resolution of a ...
- Government set to close loss-making PSUs“There are several cases where the disinvestment process has been going for years. There is very little interest in some of the companies. ...
- Modi government 'sacrificing' public money by investing in 'risky' PSUs: Congress"The Modi government is sacrificing public money by investing in loss-making public sector units.It is using the LIC as an instrument to me...
- ET View: Govt must sell majority stake in non-strategic state owned companiesInstead, the govt should enter new areas such as aerospace, new generation drugs, and micro-electronics where the private sector does not h...
- Loss-making PSUs' divestment kicks off with Scooters IndiaThe Department of Heavy Industries has invited global expressions of interest (EoIs) for strategic divestment of entire 93.74% government s...
- Government to shut down 15 loss-making PSUsThere were another half-a-dozen sick public sector companies, which had been identified by NITI Aayog for closure, but their fate remained ...
- Niti Aayog analysing sick, loss-making PSUs: GovernmentAccording to sources, the Aayog has already submitted to the Prime Minister's Office two separate lists of sick and loss-making PSUs .
- Government considering proposal to liquidate some loss-making PSUsFinance Minister Arun Jaitley in his Budget 2016-17 speech had said NITI Aayog will identify Public Sector Units for strategic sale.
- Sale of loss-making PSUs, HZL-Balco on Department of Disinvestment agendaIn January, 2012, Vedanta had proposed acquisition of government's remaining stake in the two erstwhile PSUs for about Rs 17,275 crore.
- CCEA to discuss fund for loss-making PSUs to meet Sebi normsThe Cabinet is likely to consider a proposal to create a special fund that will buy shares of listed loss-making PSUs.
- Fund on anvil to help loss-making PSUs comply with Sebi normsThe Finance Ministry has circulated a draft Cabinet note for creation of a special fund which will buy shares of listed loss-making PSUs.
- Govt to disinvest in 10 loss-making PSUs, wind up 3Karnataka has decided to disinvest in 10 loss making public sector undertakings (PSUs) and close down at least three by this year-end as pa...
- Priority to turn loss making PSUs into profit venture: YadavUnion Minister of State for Heavy Industires, Arun Yadav, said his ministry's first priority is to turn the loss making Public Sector Units...
- Govt support to 10 loss-making PSUs to continueGiving relief to the employees of loss-making PSUs, the government on Wednesday decided to continue supporting distressed public sector uni...
- State units: The bottomless pitState-run PSUs are, apparently, a big drain on the respective governments. Almost half of the 210-odd state PSUs make losses. These PSUs ha...
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