Page 8 - Psus

Few vacancies, delayed appointments: Why ex-servicemen fail to find jobs

The data shows that absorbing the first batch of 34,500 retired Agniveers in 2026 will require additional vacancies

Centre looks to build divestment capacity in govt departments, PSUs

DIPAM calls for in-house capabilities for analysis and decisions regarding divestment-related measures

Strategic PSUs should look to scale up, boost efficiency: FM Sitharaman

The minister said strategic sectors had been identified based on national interest, and the government would continue to have its presence in these sectors

PSUs asked to route strategic divestment, minority stake sales via DIPAM

The process for strategic divestment will be through competitive bidding, while soon-to-be specified guidelines will have to be followed for shutting down units

Centre puts oil pipeline monetisation on hold as PSUs resist: Report

According to a report, the oil and gas companies had resisted the idea from the beginning as pipelines are core to their business

RailTel posts highest-ever consolidated income of Rs 1,628 crore in FY22

With this, RailTel has posted a profit before tax amounting to Rs 281 crore and profit after tax of Rs 209 cr during the Financial Year 21-22 on consolidated basis

PSU privatisation: Centre asks for legal declaration from bidders

An entity, which is disqualified, will not be allowed to participate merely because it has filed an appeal against an adverse order

Aatmanirbhar Bharat needs Aatmanirbhar banking sector: CII's Sanjiv Bajaj

In a Q&A, the president of the industry body dwells on how a cut in fuel duties will spur demand, and the impact of interest rate regime on India's FY23 GDP growth

Down nearly 8% at closing bell, LIC adds to poor listing scorecard of PSUs

Most large floats by the government have failed to create long-term wealth for investors

State-run firms asked to buy back even when shares take a beating

Centre's move aimed at improving PSUs' stock performance

Why Digital Rupee is a distraction and India ought to go slow on it

A digital currency is more of a fashionable trend and trends are for social media influencers, not governments

Centre has created new opportunities for private sector: FM Sitharaman

If Coimbatore tries to be a pioneer in Web3 technology, it can achieve a unique place and the city can lead the way in the country, she said

Centre to rate PSUs on capital mgmt, investor concalls among new parameters

PSUs also have to comply with asset monetisation targets set collectively by their administrative ministry

Six groups set up to improve PSB functioning to submit report by December

Participating in the meeting, Financial Services Secretary Sanjay Malhotra recently asked the banks to explore strategies for long-term profitability and adopt a more customer-centric approach.

PSUs, cooperative societies disallowed from bidding for state-run entities

PSUs in non-strategic sectors would be privatised if feasible or considered for closure.

Best of BS Opinion: MCD merger, Ukraine's globalisation lesson, and more

Here are the best of BS Opinion pieces of the day

5,400 acres of land parcels of PSUs may be monetised through new SPV

These would be land of state-owned units under divestment and those that the Centre has decided to shut

Strategic support

Sebi's proposal will help disinvestment

Jharkhand CM warns of shutting coal mines over non-payment of dues by PSUs

Jharkhand Chief Minister Hemant Soren has warned the coal companies of putting barricades around coal mines if due payment of worth Rs 1.36 lakh crore is not cleared to the state by Central PSUs."We have demanded payment of Rs 1.36 lakh crore (dues) to the state from the coal companies, and we will take it, this is State's right otherwise we will put barricades around coal mineral resources," the Chief Minister said in his speech in the Legislative Assembly on Friday.Soren had raised the issue of non-payment of dues by coal companies to the Centre in a letter to Union Coal and Mines Minister Pralhad Joshi dated March 2, 2022."Inspite of repeated consultations held with @CoalMinistry & @NITIAayogregarding non payment of long standing legitimate dues of Rs 1.36 lakh crores related to mining done by Central PSUs, Govt of India has paid no heed so far. I have written to @JoshiPralhad ji in this regard", tweeted Soren on Saturday.Noting that Jharkhand is a mineral-rich state and that

BS Views of the week: Blow to globalisation, risks of imported energy, and more

Developments around the Russia-Ukraine war and elections in five states of India made the biggest news headlines in the week gone by. Besides these, Business Standard's opinion pages focused on risks of imported energy, poverty landscape, and a lot more