Latest News on Central Public Sector Enterprises
Showing of 0 - 10 from 13 results
Central Public Sector Enterprises - Total results - 13
Apr 02, 2019
Govt preparing list of profit-making arms of central public sector enterprises for listingThe Finance Ministry is in the process of shortlisting profit-making subsidiaries of CPSEs having a minimum stipulated net-worth, which can be listed on the stock exchanges, an official said
Mar 25, 2019
First-ever sale of 'enemy shares'; buyback by CPSEs yield over Rs 11,300 cr to exchequer in FY19Enemy property refers to the assets left behind by people who migrated to Pakistan or China and are no longer citizens of India.
Feb 12, 2019
Bharat-22 ETF additional sale on 14 February, govt to raise Rs 3,500 cr; proceeds to help govt meet divestment targetSo far, the government has mopped up approximately Rs 36,000 crore by paring minority stake in public sector companies, and through ETFs.
Feb 04, 2019
Govt to begin process to monetise non-core assets of state-owned companies from AprilThe Department of Investment and Public Asset Management (DIPAM) has been drafting an asset monetisation framework, which will lay down the procedures for the administrative ministries to follow in selling off CPSE assets
Feb 01, 2019
Budget 2019: Govt plans to mop up Rs 90,000 cr from CPSE share sale in FY20; confident of crossing previous year’s targetThe government, which has already raised around Rs 36,000 crore from disinvestment so far in the current fiscal, expects to raise another Rs 44,000 crore from share sale in state-owned companies in the two months till March 2019.
Jan 28, 2019
Central public sector enterprises to implement 10% quota for economically weaker sections from 1 FebruaryThe Constitutional amendment to provide the 10 percent quota to the EWS among the general category received assent of Ram Nath Kovind on 12 January
Jun 04, 2018
Government could lower stake in CPSEs to 49%; proposal will not include firms that are of strategic importanceThe government has set a timeline of three years to lower its stake in most central public sector enterprises (CPSEs).
Mar 13, 2018
BSNL, Air India and MTNL worst performing PSUs in FY 2017; Indian Oil, ONGC emerge as most profitableIndian Oil, ONGC and Coal India have emerged as the most profitable PSUs for 2016-17, whereas BSNL, Air India and MTNL incurred the highest losses
Nov 23, 2017
Oil, gas public sector companies' mergers exempt from Competition Commission approvalThe corporate affairs ministry's decision to exempt such deals from the ambit of the Competition Commission of India (CCI) comes against the backdrop of the proposed consolidation and stake purchases among state-owned oil and gas companies
Nov 22, 2017
Cabinet approves wage policy framework for central public sector enterprises workmenThere are nearly 12.34 lakh employees of 320 central public sector enterprises in the country