Page 12 - Psus

PSUs asked to dedicate hospital beds for Covid-19 management

This is in an effort to augment hospital infrastructure for management of severe cases of coronavirus

SAIL chief Soma Mondal is new chairperson of SCOPE

SCOPE is an apex professional organization representing the Central Public Sector Enterprises (CPSEs)

FinMin mulls bringing DPE under itself ahead of privatisation drive

Move aimed at better control over PSUs ahead of govt's ambitious privatisation drive

Privatising small PSUs first not a good idea: NITI Aayog's Amitabh Kant

What is required is for unions to be convinced that the steps being taken are in their and the country's best interests, says Kant

Discom overdue increases 5.5-times in 5 states; disputes rising too

Bills worth Rs 12,856 crore were in dispute till January 2020, the amount has risen to Rs 15,098 crore.

Govt garners Rs 30,369 crore as dividend from PSUs so far this fiscal

The government has collected Rs 30,369 crore as dividend from Central Public Sector Enterprises (CPSEs) so far in the current fiscal, according to a senior official.

Oil sector PSUs to set up InvITs as part of asset monetisation drive

After power, the country's oil sector PSUs would now float an infrastructure investment trust (InvIT) as part of the asset monetisation exercise announced by the government

BJP govt handing over public sector cos to a few rich industrialists: Rahul

Congress leader Rahul Gandhi on Saturday alleged that the BJP-led government at the Centre was handing over public sector companies to two-three richest industrialists of the country

State-owned BHEL emerges lowest bidder for NPCIL's Rs 10,800 crore-tender

The firm said it has emerged as the lowest bidder for supply of equipment for 6x700 MW nuclear power projects of Nuclear Power Corporation of India

Cabinet nod to closure of Handicrafts and Handlooms Export Corporation

Employees in the corporation - 59 permanent and six management trainees - will be given an opportunity to avail voluntary retirement scheme

IOC to sell hydrogen plants to monetise non-core assets

The firm plans to sell hydrogen generating plants at its oil refineries to monetise non-core assets

Top headlines: Future revs up JVs amid Amazon row, PSU privatisation list

Global money manager BlackRock just delivered a double-barreled warning on the merits of holding traditional haven gold right now. Read top stories today

Dipam readies ground for monetisation of assets, seeks list from ministries

Seeks list of potential assets from ministries, govt departments, PSUs

BEL pays Rs 174 crore interim dividend for FY 2020-21 to defence ministry

The firm paid the dividend to the defence ministry, according to an official statement

Govt wants to sell profitable PSUs; it must strengthen, not sell them: Cong

The Congress said the government should not only do a re-think on embarking on a 'distress privatisation drive' but should also strengthen PSUs

Top headlines: Govt to privatise profit-making PSUs, Wipro to buy Capco

Many states are open to the idea of petrol and diesel being brought under the goods and services tax (GST) regime - contrary to the perception that they are averse to it.

Govt's privatisation drive likely to kick off with profit-making PSUs

NITI Aayog likely to put out first shortlist by early next month

Govt to sell up to 16% stake in IRCON via OFS, issue opens Wednesday

The floor price is Rs 88 per share

Privatisation of private sector units against interest of people: AITUC

AITUC said "it deplores the policy of selling the PSUs, the national wealth to the corporates of Indian and foreign brand against the interest of our people and our country."

TN govt enhances retirement age of its employees to 60 years

The Tamil Nadu government enhanced the retirement age of its employees, including teachers and PSU staff