Public Sector Undertakings

Govt detaches GAIL, OIL, other PSUs from AGR case after last month's Supreme Court order, says Union minister Sanjay Dhotre

The government has detached gas utility GAIL India, explorer Oil India and other PSUs from a Supreme Court order that had led to Rs 1.47 lakh crore being sought from telecom firms such as Bharti Airtel and Vodafone Idea in past dues, the Lok Sabha was informed on Wednesday

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 woes: No case for differential treatment to PSUs on statutory dues matter, says telecom industry body

Industry body COAI said on Wednesday that AGR formula being applied on mobile operators should be applicable on all other categories of telecom licences and there can be no differential treatment for relevant PSUs in this regard

Air India sale: RSS-affiliate Bharatiya Mazdoor Sangh opposes privatisation of national carrier, asks govt to revisit decision

RSS-affiliate Bharatiya Mazdoor Sangh (BMS) on Tuesday opposed Air India sale, and urged the government to think over this decision

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

CPM MPs stage protest in Parliament over privatisation of PSUs; Cabinet had approved sale of its stake in four public sector enterprises

The lawmakers stood near the statue with placards in their hands which read 'save PSUs'

To boost economic growth from 6-year low, govt asks PSUs to clear vendor, contractor dues by 15 October

PSUs have been asked to detail lifespan of arbitrations that lock payments after disputes with vendors and contractors

Union Budget 2019: Disinvestment is government’s preferred way to liquidate loss-making, inefficient PSUs

The concept of disinvestment follows the dictum: The government has no business to be in business

Maharashtra PWD creates policy to build public conveniences, toilets along major state, district roads

The PWD has come up with a policy for building public conveniences and toilet blocks on land owned by it along major state and district roads.

Govt making new list of sick units for strategic stake sale, says Niti Aayog CEO Amitabh Kant

The govt expects to raise Rs 80,000 crore from PSU disinvestment in the next fiscal, lower than Rs 1 lakh crore raised this financial year