PSU chiefs meet FM to discuss capex plans, dividends

Heads of several public sector undertakings (PSUs) on Tuesday called on Finance Minister Arun Jaitley to discuss dividend payouts and capex plans.

"Every year there is a review by the finance minister on the capex expenditure by PSUs. It was a repeat of the same," NTPC Chairman & Managing Arup Roy Choudhury said after the meeting. Steel Authority of India Chairman C S Verma and Bharat Heavy Electricals Chairman and Managing Director B P Rao also attended the meeting.