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Latest News on Public Sector Undertaking
Showing of 0 - 10 from 12 results
Public Sector Undertaking - Total results - 12
Jun 26, 2018
Govt directs PSUs to challenge only those cases in which policies, larger legal issues involvedPublic sector undertakings should challenge only those matters when the company's policy or legal issues warrant so, said Chief Labour Commissioner Jitendra Kumar Sagar
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.
Nov 29, 2017
Air India privatisation: This is Narendra Modi govt's plan to make ailing national carrier attractive for buyersAir India has accumulated a total debt of Rs 60,000 crore which is keeping away prospective buyers for the ailing carriers
Feb 26, 2014
Five Chhattisgarh PSUs posted Rs 2,100 cr losses in FY'13: CAGFive public sector undertakings in Chhattisgarh incurred losses of about Rs 2,100 crore in the 2012-13 fiscal, largely due to deficiencies in financial management and project execution, the Comptroller and Auditor General of India has said in a report.
Nov 28, 2013
FinMin seeks dividend from PSUs to meet fiscal deficit target"We will meet heads of central public sector entities in January. We will seek special dividend from the PSU which has not utilised its capex drawn for the current fiscal," a senior Finance Ministry official told PTI.
Jun 24, 2012
Govt to consult Sebi on investment of PSUs' surplus fundsThe government wants that these units should invest their funds, mainly in infrastructure sector, to promote growth and bring down the country's fiscal deficit to 5.1 percent in the current fiscal.
Jun 18, 2012
Govt acts tough with rich PSU, asks to invest moreMany PSUs have been asked to invest their spare cash or park a portion those funds with the government.
Apr 24, 2012
Par Panel asks IRDA to probe LIC's purchase of ONGC sharesThe Standing Committee on Finance also regretted that the government is using public sector undertakings (PSUs) as "milching cows" to bridge the deficit.
Apr 12, 2012
Shareholders beware: Govt milking LICLIC invests all its funds meant for equities in PSUs, a move that could affect returns on the investment. Yet another instance of the insurance firm putting the government's welfare above that of its 29 crore insurance policy holders.
Mar 28, 2012
Will TCI provoke more activism from PSU investors?For too long, the interests of minority shareholders have been ignored in PSUs, which have typically operated according to the whims and fancies of government ministries.