Coal import bill drops by Rs 28,000 cr in FY16
Helped by a record coal production by the world's largest coal miner Coal India Ltd (CIL), India reduced its import bill of the dry fuel by more than Rs 28,000 crore in the last fiscal.
Apr 06, 2016, 15:50 PM IST
NITI Aayog to submit PSU strategic sale roadmap this month
NITI Aayog will submit a blueprint for divesting government's stake in some PSUs and strategic sale of those that have been sick for a long time by this month.
Apr 03, 2016, 12:17 PM IST
Govt to invite proposals from PSUs for allotting 16 coal mines
Taking ahead its decision to open up the coal sector for commercial mining, government will this month invite proposals from public sector undertakings for allotment of 16 mines.
Apr 03, 2016, 10:56 AM IST
IPOs in India likely to raise USD 5 billion in 2016: EY
Initial Public Offers (IPOs) in India are set to hit a six-year high in 2016 and estimated to raise more than USD 5 billion, largely owing to a growing appetite for equities and positive sentiment on the growth front, says an EY report.
Mar 31, 2016, 14:42 PM IST
Over 6 crore LED bulbs to be distributed in a year: Piyush Goyal
The Centre has set a target to distribute over six crore LED bulbs through State-run Energy Efficiency Services Ltd (EESL) in a span of one year, Power Minister Piyush Goyal said today.
Dec 14, 2015, 21:07 PM IST
Govt blames commodities slump for disinvestment challenges
As challenges emerge in meeting the mammoth Rs 69,500-crore disinvestment target for this fiscal, the government on Tuesday put the blame on global commodities slowdown saying many identified PSUs are from this space.
Oct 27, 2015, 13:41 PM IST
Govt may seek special dividend from top PSUs to meet tax deficit
Companies like Coal India Ltd, NTPC, ONGC, GAIL, IOC etc may be asked to pay special dividend if government decides so.
Oct 07, 2015, 22:10 PM IST
Some PSUs positive on creating jobs for sportspersons: Sarbananda Sonowal
Union Minister of State for Sports Sarbananda Sonowal on Friday said some PSUs have responded positively to the Centre's appeal for creating special provision on employment opportunities for sportspersons.
Sep 11, 2015, 19:51 PM IST
DoD for ESOPs as variable pay in PSUs to raise retail holding
PRP is a variable component of the remuneration paid to the executives of CPSEs.
Sep 07, 2015, 16:11 PM IST
Tomar directs RINL to check cost over runs, delay in expansion
"While reviewing the progress of modernisation and expansion, the Minister expressed concern over time and cost over runs and advised to conduct root cause analysis so that lapse, lack of foresight and other reasons could be pinpointed for avoidance in future," the statement added.
Jun 23, 2015, 18:23 PM IST
ITDC appoints Umang Narula as CMD
Narula has succeeded Girish Shankar, Additional Secretary, Ministry of Tourism, who also held additional charge as ITDC's Managing Director, according to release issued here.
Jun 12, 2015, 18:56 PM IST
Coal India's pithead stock rises to 49 MT
The PSU's pithead stock at the end of FY 2014 fiscal was 46 MT, an official had earlier said.
May 31, 2015, 12:29 PM IST
NMDC Q4 profit declines 31% to Rs 1,347 cr on lower sales
NMDC stock fell by 0.45 percent to close at Rs 131.55 per share on the BSE.
May 28, 2015, 17:00 PM IST
BHEL Q4 net declines 52% at Rs 888.35 cr
Shares of BHEL today rose 2.88 percent to settle at Rs 241 apiece at the BSE.
May 26, 2015, 16:04 PM IST
No difficulty in strategic sale of some PSUs: FM Jaitley
The government is looking at an outright sale of certain public sector undertakings through a strategic partner, Finance Minister Arun Jaitley said Thursday indicating the first such sale could of PSUs under the Tourism Ministry.
May 14, 2015, 19:41 PM IST
SEBI not to revisit 25% public holding shares norm in listed companies
The Securities and Exchange Board of India (SEBI) Chairman U K Sinha on Wednesday ruled out revisiting the existing norm for 25 percent public holding of shares in the listed companies, including the PSUs, and said that such a step will be a retrograde one.
Apr 02, 2015, 00:06 AM IST
BHEL disinvestment likely in April; may fetch Rs 3,200 cr
The government has firmed up a list of PSUs to be divested next fiscal, starting with BHEL in April, in a bid to meet the Rs 41,000 crore stake sale target for 2015-16.
Mar 18, 2015, 13:32 PM IST
Five sick PSUs to be shut, employees to get good VRS: Govt
Five sick PSUs will be shut down and the government will pay good VRS package to their employees, according to Heavy Industries Minister Anant Geete.
Mar 12, 2015, 17:44 PM IST
Govt starts evaluation of 43 mines to be alloted to PSUs
The government has started the process of evaluating applications from state government companies and CPSUs like SAIL, NTPC and Neyveli Lignite for allotment of 43 mines.
Mar 11, 2015, 22:21 PM IST
Draft NOP: Govt proposes 30% local procurement for foreign cos
Foreign companies selling goods worth over Rs 300 crore to government or PSUs would have to source part of their supplies from domestic manufacturers, according to the new draft National Offset Policy (NOP).
Dec 15, 2014, 21:48 PM IST