Public Sector-enterprises

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Public Sector-enterprises - Total results - 11
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

Employees' Provident Fund contribution can go higher than 10%, not of employers: Labour ministry
Business

Employees' Provident Fund contribution can go higher than 10%, not of employers: Labour ministry

Last week, Finance minister Nirmala Sitharaman had announced the reduction of statutory provident fund contribution by both employers and employees for the next three months to 10 percent of basic wages from 12 percent.

Govt begins process for next SAIL chairman; current chief A K Chaudhary's term ends in December 2020
Business

Govt begins process for next SAIL chairman; current chief A K Chaudhary's term ends in December 2020

SAIL's current chairman who assumed the position in September 2018, is scheduled to retire in December 2020

Congress Manifesto 2019: To fulfil job dreams for its citizens, party must brace for a fiscal deficit nightmare
Politics

Congress Manifesto 2019: To fulfil job dreams for its citizens, party must brace for a fiscal deficit nightmare

For anyone who has followed the debate around the lack of jobs in India, all the points which are a part of the Congress manifesto make immense sense

Expecting only govt to push GDP growth would be antithesis to capital set-up, private sector should also spend on capex
Business

Expecting only govt to push GDP growth would be antithesis to capital set-up, private sector should also spend on capex

The government appears to be the only entity driving the investment cycle and all data on investment gets linked to these efforts.

Central public sector enterprises to implement 10% quota for economically weaker sections from 1 February
Business

Central public sector enterprises to implement 10% quota for economically weaker sections from 1 February

The Constitutional amendment to provide the 10 percent quota to the EWS among the general category received assent of Ram Nath Kovind on 12 January

Narendra Modi says govt is committed to promoting ease of doing business; ensure 'robust' economic growth
Business

Narendra Modi says govt is committed to promoting ease of doing business; ensure 'robust' economic growth

Narendra Modi says govt has taken a "major decision" to change its approach towards central public sector enterprises (CPSEs) for "efficient management of public assets

Disinvestment: Away from the public eye, the government's attempts to shut sick state-run firms is worthy of notice
Business

Disinvestment: Away from the public eye, the government's attempts to shut sick state-run firms is worthy of notice

Few know that the government has cracked the whip on its own defaulters as well, and successfully closed down chronically sick public companies.

Failure of Maharatna BHEL: CAG charts co's journey from Rs 19 cr/day profit to Rs 2.5 cr loss
Business

Failure of Maharatna BHEL: CAG charts co's journey from Rs 19 cr/day profit to Rs 2.5 cr loss

Market valuation of BHEL declined from Rs 97,940.71 cr at the beginning of April 2011 to Rs 37,533.95 cr (as on 16 February 2017), representing a drop of 61.68 percent

Sebi chief Ajay Tyagi flags concerns over corporate governance practices
Business

Sebi chief Ajay Tyagi flags concerns over corporate governance practices

Sebi chief said that in many cases, independent directors are appointed and removed at whims and fancies of promoters of companies

Ratan Tata’s comments on freedom were more about Modi's dislike for privatisation than about intolerance
Business

Ratan Tata’s comments on freedom were more about Modi's dislike for privatisation than about intolerance

The government should stick to monitoring and should not tell people (and institutions) what to do