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...
12 Oct, 2015, 11.18 PM IST
Government may wind up BRPSE, constitute new entity for sick PSUsThe move to wind up BRPSE is expected to clear way for the government to pursue option of stake sale in most of the sick 65 central public ...
07 Apr, 2015, 10.01 PM IST
Five sick PSUs to be shut, employees to get good VRS: Anant GeeteFive sick PSUs will be shut down and the government will pay good VRS package to their employees, according to Heavy Industries Minister An...
12 Mar, 2015, 07.43 PM IST
MTNL, HMT shares tank on heavy sellingShares of MTNL and HMT witnessed huge selling pressure today, falling up to 19 per cent, after reports said these firms are among a list of...
11 Mar, 2015, 08.33 PM IST
SAIL, BHEL, HMT identified to takeover three sick PSUsGovernment has identified three sick PSUs which will be either merged or taken over by SAIL, BHEL and HMT, Parliament was informed today.
08 Aug, 2014, 03.07 PM IST
Government plans asset reconstruction like company to revive or sell sick public sector unitsThe government plans to set up a company on the lines of an asset reconstruction firm that will have the mandate to revive or sell sick sta...
06 Aug, 2014, 03.29 AM IST
PESB examining reasons for sickness among PSUsThe Board would try to find out the factors, other than basic ones like funds shortage and obsolete technology, for sickness in public sect...
17 Nov, 2013, 12.40 PM IST
CCEA may soon take up proposal to revise pay in 18 sick PSUsThe CCEA is expected to take up soon the proposal to revise salaries of employees in 18 sick PSUs which have the potential for revival.
10 Sep, 2013, 06.28 PM IST
Cabinet to soon take up issue of revised wages in 18 sick PSUsThe Department of Public Enterprises (DPE) has submitted a proposal to the Cabinet for revising salaries in 18 sick CPSEs.
22 Jul, 2013, 05.39 PM IST
- CAG for new framework for revival/closure of sick PSUs
The new mechanism, it added, should also focus of ensuring better synergy between the various agencies involved in revival or closure exerc...
10 May, 2012, 06.17 PM IST
- Government may raise retirement age by 2 years in sick PSUs
A senior official in the ministry of heavy industries and public enterprises said the move will benefit over 100,000 employees across 50 ai...
16 Dec, 2011, 05.27 AM IST
- Move to raise retirement age in PSUs are on revival path
In order to nurse back sick PSUs to health, the government is considering to enhance the retirement age of employees to 60
16 Aug, 2011, 05.19 PM IST
- Board-level officials may get extra benefits for working in sick PSUs
Board-level officials in state-run cos may get extra benefits if they agree to serve in sick public enterprises.
30 May, 2011, 03.17 AM IST
- Ailing PSUs may get lifeline through banks
The government may throw a lifeline to ailing state-run firms by asking public sector banks to offer easy financing options.
03 Sep, 2010, 02.59 AM IST
- 14 sick PSUs return back to health
Of the 36 sick PSUs which received approval for fund injection by the government, 14 have been nursed back to health in the last two years.
28 Dec, 2009, 08.54 PM IST
- Govt plans to give CEOs of sick PSUs fat pay hikes
This may sound funny, but the government is serious about giving grand pay hikes to CEOs of sick public sector units (PSUs).
03 Sep, 2008, 02.04 AM IST
- Ministries get 8 weeks to decide fate of sick PSUs
A final decision on the fate of 29 sick PSUs is just a few weeks away.
28 Jul, 2005, 02.02 AM IST