Psu

Monsoon Session: Centre likely to table Bill for amendments to GIBNA for insurance PSU privatisation

Nirmala Sitharaman in her Budget 2021-22 had announced a big-ticket privatisation agenda including privatisation of two public sector banks and one general insurance company

Narendra Modi pitches for privatisation, assures govt commitment to asset monetisation

The PM said around 100 under-utilised or un-utilised assets, such as airports, will be monetised to create Rs 2.5 lakh crore of investment opportunities

Ahmedabad-Mumbai Tejas Express skips halt at Andheri station; Western Railway orders probe

The train operated by railway PSU IRCTC was given an unscheduled halt at Dadar so that passengers could alight, officials said

State-run Kerala Feeds clocks turnover of Rs 496 cr in 2019-20; to conduct training programme for expatriates next month

Currently, the PSU is readying a mobile-phone app for dairy farmers to contact Kerala Feeds and order cattle feed.

AIBOC flays govt's decision to privatise PSUs; says move 'does not promote self-reliance but destroys foundation of economy'

All India Bank Officers' Confederation (AIBOC) expresses its outright opposition to and strong anguish over the decision of wholesale demolition of Public Sector Enterprises of India

RailTel FY20 consolidated income surges 20% at Rs 1,243 cr; says company registers major growth despite negative growth in market

RailTel is also one of the consistently profit-making telecom PSU despite gloomy market conditions, it said.

NALCO contributes Rs 10.2 cr to fight coronavirus pandemic; sets up isolation wards at PSU's hospitals

NALCO has made a contribution of Rs 5 crore, while its employees have pledged their one-day's salary amounting to Rs 2.6 crore to the PM CARES Fund.

NTPC, employees contribute Rs 257.5 cr to PM CARES Fund; sets up 200-bed COVID-19 facility in Odisha, conducts awareness campaigns

NTPC is working towards creating extensive awareness drive hoardings, banners in its operational areas along with encouraging the people to stay safe and be at home through announcements on loudspeakers.

Former GAIL India chief BC Tripathi joins Essar's Mauritius-based oil, gas firm as non-executive chairman

EEPLM, through its subsidiary Essar Oil & Gas Exploration & Production Ltd (EOGEPL), is India's largest operator of unconventional hydrocarbon acreages located across key sedimentary basins in the country.

Power Ministry flags concerns over divesting govt stake below 51% in NTPC, PowerGrid; says move not to go down well with investors

Earlier, under disinvestment plan, it was proposed to divest government equity below 51 percent of its stake in certain public sector undertakings, including NTPC, PowerGrid and PFC.