Public Sector Units News

Market

The decline and fall of the public sector in the Nifty

The weight of public sector units in the Nifty 50 index is expected to fall to single digits

1 min read26 Mar 2018
Market

Govt set to dominate IPO fund-raising this fiscal

Early estimates suggest the government could raise as much as Rs18,000 crore this fiscal through IPOs

2 min read5 May 2017
Politics

Govt to list all profit making PSUs in 2-3 years

DIPAM secretary Neeraj Gupta says the govt will get all profit making PSUs listed in a time-bound manner to open them up for public scrutiny and higher transparency

2 min read15 Feb 2017
Industry

SBI deploys mPoS machines to ease cash crunch in govt departments, PSUs

PoS machines are being sent to government companies and corporates in a van along with the officials who are carrying out transactions

2 min read18 Nov 2016
Politics

Govt to revive strategic stake sale in PSUs

PSUs identified for strategic sale reportedly include profit-making Bharat Earth Movers and Certification Engineers International as well as loss-making Scooters India

1 min read21 Oct 2016
Market

PSU buybacks: anybody ask the minority what they want?

NMDC, MOIL and National Aluminium Company are following the tender route for buyback, where the price is fixed, as opposed to the stock market buyback route

3 min read10 Jun 2016
Politics

Govt decides to shut seven more terminally ill PSUs

The enterprises include HMT Bearings, Tungabhadra Steel Products, Hindustan Photo Films and HMT Watches

1 min read19 Mar 2015
Politics

SUUTI stake sale will be extremely useful: disinvestment secretary

Government open to selling majority stake in some state-owned firms, says disinvestment secretary Aradhana Johri

6 min read4 Mar 2015
Politics

Arun Jaitley signals govt may privatize some PSUs

A set of PSUs could do much better in private hands, says Jaitley at India Economic Summit

3 min read6 Nov 2014
Companies

Surplus cash of PSUs may be used to revive sick units

Govt has formed a panel headed by NTPC chairman to study the proposal and submit a report in two months

1 min read12 Sep 2014
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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