PSUs

News

Govt may seek cash from Coal India, 7 other PSUs via share buyback

Coal India., NTPC, NMDC, MOIL, KIOCL, and Engineers India are among the eight companies that might be asked to buy back shares this year

1 min read20 Oct 2020
Markets

Govt’s divestment efforts may get a ₹15,000-cr boost

Paring its stake in 21 PSUs to meet the 25% public shareholding norm can aid Centre

2 min read5 Oct 2020
News

MSMEs struggle to stay afloat even as dues pile up

PSUs and the private sector have to pay small business owners dues of ₹5 trillionMSME Samadhaan website does not give a true picture of the payment crisis MSMEs are facing

2 min read11 Jun 2020
News

Centre needs to run a PSU like a proper business

Govt’s gross tax revenues in April were 44.3% lower at ₹67,557 crore against the backdrop of the covid-19 outbreak

2 min read1 Jun 2020
News

HC dismisses plea seeking closure of PSUs dealing with non-essential services during lockdown

The court says the issues such as extent to which the lockdown be relaxed, whether socialisation should be limited only to enterprises rendering ‘essential’ services or to all enterprises are within the realm of executive discretion

1 min read6 May 2020
Politics

Government detaches GAIL, OIL, other PSUs from AGR case

The DoT had sought ₹1.83 lakh crore from GAIL and ₹48,489 crore from OIL The challenge to such demand was heard by the apex court last month

3 min read4 Mar 2020
Videos

Why Not Mint Money | CPSE ETF - Should you subscribe?

The next tranche of the CPSE ETF is opening on 31st January to the public, with a 3% discount. The ETF has 12 PSUs in its portfolio, but has delivered poor returns over the past 3 and 5 years. What are the pros and cons of this investment product?

30 Jan 2020
News

Govt may let PSUs recruit apprentices for service business

Government officials will meet representatives of top PSUs today to chart a road mapThe PSUs will also be allowed to hire 15% of their total headcount as apprentices

2 min read4 Dec 2019
Opinion

Opinion | What some PSUs are doing wrong on human rights

While Coal India commits itself to human rights practice, its delivery lacks

3 min read21 Nov 2019
News

Govt infuses ₹60,314 crore in PSU banks so far in FY20

To ease liquidity concerns and boost lending activity, Nirmala Sitharaman in August had announced an upfront capital infusion of ₹70,000 croreThe move was expected to generate an additional lending and liquidity in the financial system

1 min read20 Nov 2019