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Govt to sell 11.36 per cent stake in NHPC tomorrow at Rs 21.75 a share

Apr 26, 2016

Govt to sell 11.36 per cent stake in NHPC tomorrow at Rs 21.75 a share

Kick-starting the disinvestment process of the current fiscal, the government will tomorrow sell 11.36 per cent in power major NHPC at Rs 21.75 a share that is likely to fetch the exchequer over Rs 2,700 crore. #Government #PSU #NHPC #divsestment #DIPAM
Budget 2016: Putting NITI at the helm shows Modi is indeed firm on privatisation

Mar 01, 2016

Budget 2016: Putting NITI at the helm shows Modi is indeed firm on privatisation

The administrative ministry in charge of a PSU will appoint asset valuation advisors and an inter-ministerial evaluation committee will fix the reserve price based on this valuation. #NDA #PSU #Niti Aayog #Disinvestment Commission
Budget 2016: PSUs to monetise idle assets; Disinvestment Dept renamed

Feb 29, 2016

Budget 2016: PSUs to monetise idle assets; Disinvestment Dept renamed

Government on Monday said PSUs will now have to monetise their idle assets for new investments, while renaming the Department of Disinvestment to Department of Investment and Public Asset Management (DIPAM). #NewsTracker #Arun Jaitley #Budget #NDA #PSU #CPSE #Union Budget 2016 #Department of Investment and Public Asset Management
Budget 2016: Govt may further hike excise on petrol, diesel before Budget

Jan 22, 2016

Budget 2016: Govt may further hike excise on petrol, diesel before Budget

The government is looking at one more hike in excise duty on petrol and diesel before the Budget next month so as to raise revenue and stick to the fiscal deficit target for 2015-16. #oil #Petrol #fiscal deficit #Arun Jaitley #Diesel #NDA #PSU #excise duty #Union Budget 2016 #Economy 2016
Post odd-even: India to skip Bharat Stage-V, to implement Stage-VI emission norms from 2020

Jan 15, 2016

Post odd-even: India to skip Bharat Stage-V, to implement Stage-VI emission norms from 2020

In a major — and perhaps the boldest so far — step to curb vehicular pollution, India is moving directly from Euro IV emission norms for petrol and diesel to Euro VI standards and the oil PSUs plans to invest Rs 28,750 crore for the transition. #NewsTracker #Euro #PSU #emission #BS VI #Bharat Stage
No interviews for govt jobs from Jan 1, skill test may continue: DoPT

Dec 30, 2015

No interviews for govt jobs from Jan 1, skill test may continue: DoPT

All central government ministries and their Public Sector Undertakings (PSUs) were today told to dispense with the requirement of interviews for selections at junior level posts within next two days, however, they may continue with skill or physical test. #NewsTracker #Interview #PSU #SkillTest
CAG raps Delhi govt for discrepancies worth Rs 905 cr; not obtaining fund proof

Jul 01, 2015

CAG raps Delhi govt for discrepancies worth Rs 905 cr; not obtaining fund proof

Government auditor CAG on Tuesday pointed out discrepancies in implementation of social welfare schemes including mid-day meal (MDM) and pulled up the Delhi government for its failure to obtain fund utilisation certificates from various institutions. #India #CAG #Delhi #NewsTracker #Mid-day Meal Scheme #Delhi government #PSU #Delhi Tourism and Transport Development Corporation
Govt to go ahead with PSU disinvestment as planned, says Jaitley

Jun 04, 2015

Govt to go ahead with PSU disinvestment as planned, says Jaitley

The cabinet has approved sale of 5 percent stakes in ONGC, BHEL and NTPC as well as 10 percent each in IOC, NALCO and NMDC. #Sensex #Economy #Disinvestment #RBI #NewsTracker #NTPC #ONGC #BSE #Arun Jaitley #BHEL #Nalco #Monsoon #PSU
Sensex extends rally, surges above 28,000 amid gains in SBI, HDFC

May 22, 2015

Sensex extends rally, surges above 28,000 amid gains in SBI, HDFC

Extending the rally further amid strong gains in several frontline stocks, the benchmark BSE Sensex breached the 28,000-mark in the noon trade. #Sensex #TCS #SBI #HDFC #BSE #PSU