Psu

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Psu - Total results - 190
Narendra Modi pitches for privatisation, assures govt commitment to asset monetisation
India

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
India

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
Business

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'
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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.

BSNL, Air India, MTNL highest loss-making PSUs in FY19; ONGC most profitable: CPSE survey
Business

BSNL, Air India, MTNL highest loss-making PSUs in FY19; ONGC most profitable: CPSE survey

ONGC, Indian Oil Corporation and NTPC were the top three profitable PSUs in 2018-19, whereas BSNL, Air India and MTNL incurred highest losses for a third consecutive year, according to a survey tabled in Parliament on Monday

AGR dues: Airtel, Vodafone Idea default on Rs 88,634 cr payment; DoT orders no coercive action against delay
Business

AGR dues: Airtel, Vodafone Idea default on Rs 88,634 cr payment; DoT orders no coercive action against delay

Following the 24 Supreme Court October order, the DoT had sought Rs 1.47 lakh crore from Bharti Airtel, Vodafone Idea and 13 other telecom companies

Bharat Bandh 2020: Banking services impacted in several states as nationwide trade union strike advances
Business

Bharat Bandh 2020: Banking services impacted in several states as nationwide trade union strike advances

Bank employees have extended support to the Bharat Bandh call given by 10 central trade unions, AIBEA general secretary CH Venkatachalam said.

Bharat Bandh: Govt tells PSUs to dissuade employees from joining general strike on Wednesday
Business

Bharat Bandh: Govt tells PSUs to dissuade employees from joining general strike on Wednesday

The government has asked public sector undertakings to dissuade their employees from participating in the 'Bharat Bandh' called on Wednesday and advised them to prepare a contingency plan to ensure smooth functioning of the enterprises

BSNL seeks many more senior technical officers to ensure uninterrupted service amid VRS to reduce staff strength, expenses
Business

BSNL seeks many more senior technical officers to ensure uninterrupted service amid VRS to reduce staff strength, expenses

The government in October approved a Rs 68,751-crore revival package for loss-making BSNL and MTNL, including 4G spectrum allocation and voluntary retirement scheme, as well as their merger.

BPCL privatisation: IOC, other PSUs not to bid, hints Union Minister Dharmendra Pradhan
Business

BPCL privatisation: IOC, other PSUs not to bid, hints Union Minister Dharmendra Pradhan

Oil Minister Dharmendra Pradhan on Thursday hinted that public sector firms such as Indian Oil Corporation (IOC) may not be allowed to bid for buying government stake in Bharat Petroleum Corporation Ltd (BPCL), for which a buyer may have to shell out as much as Rs 90,000 crore

'Congress' NYAY was not well designed', Abhijit Banerjee tells News18: Nobel laureate speaks on economic slowdown, Modi's Ayushman Bharat
India

'Congress' NYAY was not well designed', Abhijit Banerjee tells News18: Nobel laureate speaks on economic slowdown, Modi's Ayushman Bharat

Indian-American Abhijit Banerjee, who jointly won the 2019 Nobel Economics Prize with his wife Esther Duflo and Harvard's Michael Kremer, on Saturday said the Congress' Nyutam Aay Yojana (NYAY) scheme, on which he advised Congress leader Rahul Gandhi, was not well designed and said it would have been difficult for the UPA to implement had it come to power.

PSU stocks grab limelight on reports of govt reducing stake below 51% in state-owned cos; BHEL jumps over 22%
Business

PSU stocks grab limelight on reports of govt reducing stake below 51% in state-owned cos; BHEL jumps over 22%

PSU stocks were in huge demand on Friday and zoomed up to 22 percent, led by BHEL, in-tandem with a bullish broader market trend

Piyush Goyal dubs Abhijit Banerjee as Left-leaning; CPI(M), TMC, Congress in West Bengal slam Union minister
India

Piyush Goyal dubs Abhijit Banerjee as Left-leaning; CPI(M), TMC, Congress in West Bengal slam Union minister

Piyush Goyal on Friday dubbed Indian-American Abhijit Banerjee, who won the 2019 Nobel for Economics, as left-leaning.

Union Budget 2019: Importance of capital account dealing with receipts, expenditures and creation, dilution of assets
Business

Union Budget 2019: Importance of capital account dealing with receipts, expenditures and creation, dilution of assets

The capital account, as the name suggests, deals with receipts and expenditures that lead to the creation or dilution of assets.