Searched for
SEVERAL LARGE PSUS
Defence, power and import substitution are emerging as long-term winners: Prateek AgarwalIndian corporate earnings are meeting expectations, but market sentiment is subdued due to broader economic concerns, not company performan...
PHDCCI asks govt to direct PSUs to clear pending bills of MSMEs in 30 daysIn a representation to MSME minister Narayan Rane, the chamber said the sector is facing the problem of delayed realisation of their bills ...
Faced with revenue worries, Centre may look at PSUs for higher dividendsDividends from non-financial PSUs have been budgeted at Rs 65,747 crore in FY21. Any increase in this amount will give a boost to non-tax r...
Government in no hurry for big PSU selloffs over market appetiteBesides, the government is wary of a massive private sector role in the economy, fearing it may result in a situation similar to “oligarchi...
RSS-affiliated trade union plans agitation against government PSU policiesBMS, the RSS-affiliated trade union is planning hold a large agitation in New Delhi in January 2020, to oppose government policy of disinve...
It will soon be raining PSU stocks. What should equity investors do?The Budget proposals have increased the chances of an over supply of PSU stocks in the market.
Few takers for many PSUs put up for saleWith the govt holding on its land and other assets, the much-hyped disinvestment exercise has failed to take off.
Privatise unlisted PSUs: NITI AayogRs 36,000 cr is estimated to come from minority stake sales in PSUs, and remaining Rs 20,500 cr from strategic sales in profit and loss mak...
- Retired bureaucrats board market-bound PSUs
The government is hand-picking retired bureaucrats to fill the post of independent directors in public sector firms slated to hit the marke...
- Partial pragmatism
Relaxing the dilution norm from 25% to 10% for PSUs is a pragmatic move.
- Politically savvy UPA says no strategic sales
The UPA government has chosen to take the politically more acceptable method for divestment in central PSUs by indicating that it would ret...
- MSEs may get price preference
Micro and small enterprises (MSE) are poised to get further support from the government in marketing their products.
- PSBs want PSUs to deposit cash with them
Slapped with a string of dos and don’ts, public sector banks now want their side of the bargain.
- SAIL to join the global acquisition binge
Having missed the takeover action so far, Steel Authority of India Ltd (SAIL), which would soon be dethroned as India’s largest steelmaker,...
- Selloffs may swell govt kitty Rs 50,000 cr
The disinvestment ministry has drawn up mega plans to raise as much as Rs 50,000 crore through the sale of government holdings in central p...
- PSU chiefs to be pulled up for not filing returns
NEW DELHI: The department of company affairs has decided to prosecute full-time directors of public sector undertakings for failure to prep...
- DCA tells PSUs to file returns on time
NEW DELHI: After tightening the noose around corporate entities, the Department of Company Affairs has turned its attention to State-owned ...