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Govt revamps selection norm for non-official directors in PSBs

Apr 01, 2015

Govt revamps selection norm for non-official directors in PSBs

To ensure efficient management of PSU banks and insurance companies, the government has revamped the procedure for appointment of non-official directors and will invite online applications from candidates. #India #PSUs #finance ministry #NewsTracker
Govt has drawn list of PSUs for strategic sale: Arun Jaitley

Mar 25, 2015

Govt has drawn list of PSUs for strategic sale: Arun Jaitley

Finance Minister Arun Jaitley on Wednesday said the government has drawn a list of state-owned companies which will be put on block for strategic sale. #PSUs #finance ministry #Narendra Modi #NewsTracker #Arun Jaitley #IOC #BHEL #Nalco #NMDC #Hindustan Aeronautics #RINL
Finance ministry frontloads FY16 borrowing; RBI says huge supply of bonds

Mar 23, 2015

Finance ministry frontloads FY16 borrowing; RBI says huge supply of bonds

The total market borrowings are higher than Rs 5.92 lakh crore estimated for the current fiscal, ending this month. #Economy #RBI #finance ministry #NewsTracker #Arun Jaitley #Raghuram Rajan #Rajiv Mehrishi #public debt management
Sebi relaxes debt-equity conversion norms for banks

Mar 22, 2015

Sebi relaxes debt-equity conversion norms for banks

Under the relaxed norms, which were approved by Sebi's board today, the banks would be allowed to convert their debt into equity in a listed borrower entity that is in distress without applicability of the markets regulator's pricing formula in such conversions. #finance ministry #NewsTracker #SEBI #Arun Jaitley #Corporate Affairs Ministry #UK Sinha #Forward Markets Commission #Jayant Sinha
Finance ministry makes PAN mandatory for service tax registration

Mar 18, 2015

Finance ministry makes PAN mandatory for service tax registration

The registration shall mandatorily require that the PAN number of the proprietor or the legal entity being registered should be quoted in the application except for government departments, it said. #Economy #finance ministry #PolicyWatch #Central Excise #Aadhaar Card #PAN #Service tax registration