Latest News on Cpse
Showing of 0 - 10 from 23 results
Cpse - Total results - 23
May 15, 2019
Govt plans to divest up to 15% in RITES via OFS, eyes to raise about Rs 700 cr; DIPAM to assist in sale processAt the current market price, sale of 15 percent stake in RITES would fetch around Rs 700 crore to the government.
May 12, 2019
Finance Ministry reworking strategic sale procedure to ensure outright sale of central public sector enterprisesCurrently, there is no set timeline for concluding strategic sale of a state-owned company and the entire process, in some cases, drags on for months, if not years.
Mar 06, 2019
Three Jharkhand districts top in NITI Aayog's development ranking; excel in health, nutrition parameters tooThe ranking released by NITI Aayog CEO Amitabh Kant on Wednesday showed that these three districts of Jharkhand have also performed well in 'health and nutrition' parameters.
Nov 19, 2018
Govt to raise up to Rs 14,000 cr through 4th tranche of CPSE ETF; issue to open next weekThe government has already raised Rs 11,500 crore in the earlier three tranches of the ETF, which functions like a mutual fund scheme.
Nov 05, 2018
Finance ministry eyes Rs 8,000 cr through CPSE exchange-traded fund, issue likely by November-endThis would be the fourth tranche of the CPSE ETF, which comprises shares of 10 bluechip companies.
Oct 19, 2018
Finance ministry banking on CPSE acquisitions, buybacks to meet FY19 disinvestment targetThe Finance Ministry is banking on merger and acquisitions among CPSEs and share buybacks by state-run companies to meet the Rs 80,000-crore disinvestment target for the current fiscal.
Sep 14, 2018
EIL to bid to buy-out govt stake in PDIL; does not give details stating confidentialityEngineers India Ltd (EIL) said its board of directors in a meeting on Thursday "considered the proposal for acquisition of 100 percent paid-up share capital of PDIL from President of India."
Jun 06, 2018
Government clears revised norms for time-bound closure of sick public sector unitsThe government on Wednesday approved revised guidelines for time-bound closure of sick and loss making central public sector enterprises and the disposal of their movable and immovable assets.
May 07, 2018
Disinvestment: Away from the public eye, the government's attempts to shut sick state-run firms is worthy of noticeFew know that the government has cracked the whip on its own defaulters as well, and successfully closed down chronically sick public companies.
Apr 30, 2018
Narendra Modi wants PSUs to do more for small firms, but he needs to keep tabs on their dodging tacticsIf Narendra Modi is serious about wanting the MSME sector to thrive, he needs to get his ministers to address the issues that the small firms face, writes @soorpanakha