For the sake of restoring credibility, the least that should be done is to pilot the Companies Bill.

Year-end tune: Hush, hush, we all fall down

Business Standard

The accumulated losses of state public sector enterprises (PSEs) rose from Rs 3,953.70 crore in 2020-21 to Rs 4,778.70 crore in 2022-23, while the profit earned by 13 SPSEs stood at Rs 20.21 crore as on September 30, 2023, according to a report by the Comptroller and Auditor General (CAG) on finances tabled in the Assembly on Saturday.
The net worth of nine out of these 14 PSEs has been completely eroded by losses and their worth was (-) Rs 1,932 crore against an equity investment of Rs 2,085.59 crore, while three PSEs have outstanding government loans amounting Rs 3,132 crore, the report said.
Himachal Pradesh State Electricity Board topped the list of loss making enterprises with accumulated losses of Rs 1,809.61 crore, followed by Himachal Pradesh Road Corporation at Rs 1707.12 crore, HP Power Corporation at Rs 552 crore, Himachal Pradesh Power Transmission Corporation at Rs 395.91 crore, HP Financial Corporation at Rs 180.97 crore, State Forest Corporation at Rs 113.04 crore, HPM

The Centre may overshoot the Rs 56,260 crore target for dividend receipts from central public-sector enterprises (CPSEs) set for FY25 and is likely to end up getting around Rs 65,000 crore this financial year, according to a senior government officia

While speaking at the 'Hala Modi' community event at Kuwait's Sheikh Saad Al-Abdullah Indoor Sports Complex, PM Modi highlighted India's rapid transformation in various fields

PM Modi in Kuwait

New Delhi [India], December 21: If Goa is on your travel list this December, make your plans now and book your tickets for Big Bash at Big Daddy, where you'll spend time with the stars and revel in a celebration like any other.

King, Tamannaah And More: The Ultimate Big Bash in Goa!

New Delhi [India], December 21: Odisha-origin entrepreneur Arun Kar, now a British innovator, has achieved global recognition for his company Xpertnest. Known for sustainability and technology solutions, Xpertnest recently raised $1 million in a pre-Series A funding round and injected the first tranche into BharatEarns, India's pioneering embedded finance platform. Arun Kar's focus on creating impactful solutions has made BharatEarns a prime beneficiary of this investment.

Xpertnest\'s $1 Million Investment Fuels BharatEarns\' Growth in India\'s Financial Ecosystem

New Delhi [India], December 21: In a move designed to support healthcare practices in maintaining their autonomy and ensuring financial sustainability, IKS Health, a provider of care enablement platforms, announced a new partnership with Western Washington Medical Group, a prominent multi-specialty healthcare organization in Washington State. This collaboration aims to streamline revenue cycle related processes, enabling the medical group to focus more on patient care while reducing administrative burdens and improving operational efficiency.

Western Washington Medical Group Partners with Inventurus Knowledge Solutions Limited to Enhance Revenue Cycle Operations and Patient Access

Stay with us for all the major news updates from around the world

Nirmala Sitharaman, Nirmala

GST Council addresses disaster levy, clarifies tax exemptions, and revises ITC norms, while deferring insurance premium GST cut and key rate rationalisation decisions

GST council meeting

Bihar's Deputy Chief Minister Samrat Chaudhary said another meeting of the GoM is scheduled for January before the proposal is reintroduced to the GST Council

Amid controversy over Home Minister Amit Shah's remarks on Ambedkar, Kejriwal launches Dr Ambedkar Samman Scholarship, pledging support for Dalit students pursuing studies abroad

Kejriwal, Arvind Kejriwal

PM Modi will embark on a historic Kuwait visit, marking the first by an Indian PM in 43 years, aiming to boost ties in trade, energy, investment, and cultural exchanges

Narendra Modi, modi

Here are the best of Business Standard's opinion pieces for today

Nifty Today, Stocks to Buy Today: The Nifty has breached a critical support level at 24,300, and the sharp decline in the banking sector is exacerbating the weakness

Photo: Shutterstock

For the Dow it was its tenth consecutive daily loss, marking its longest losing streak since 1974 and its biggest daily percentage decline since early August

Wall Street

The death toll from an unknown illness in Jammu and Kashmir's Rajouri district has risen to eight, with another child succumbing to the mysterious disease in a hospital here on Wednesday, prompting authorities to set up a central team of experts to assist in investigating the cases and fatalities in the affected village.
A Biosafety level 3 (BSL-3) mobile laboratory has been dispatched to Rajouri to expedite testing and identify the illness, officials  said
Twelve-year-old Ashfaq Ahmed, son of Mohammad Rafiq, passed away after being hospitalised at the Government Medical College (GMC) Jammu for six days, officials said.
He was earlier referred to Chandigarh for treatment but could not survive, officials said.
Ashfaq's younger siblingsseven-year-old Ishtiyaq and five-year-old Naziadied last Thursday.
With the death of Ashfaq, the number of fatalities in Badhaal village of Kotranka tehsil has reached eight. All the deceased belonged to two families from the same village.
Deputy ...

Hospitals, hospitals in India

The 23rd Meeting of the Special Representatives (SRs) of India and China which was held in Beijing on Wednesday, was attended by Ajit Doval, NSA and Wang Yi, China's Foreign Minister

Ajit Doval, Ajit, Doval

Mumbai ferry accident: An FIR was filed at the Colaba police station in south Mumbai under relevant sections of Bharatiya Nyaya Sanhita (BNS) against the Navy speedboat driver

Capsize, Mumbai Capsize, Boat Capsize

Shares of SpiceJet rallied up to 7.85 per cent at SpiceJet per share on the BSE in Thursday's intraday deals

Spicejet

Dhaka has been behind on payments to Adani Power since supply started in July 2023

Adani group

India, US bond yield spread narrowest in nearly 20-yr; Sensex slips below 80K after 4 days of equity selloff

rupee bond

Prime Minister Narendra Modi on Wednesday condoled the loss of lives in a boat accident off the Mumbai coast and announced an ex-gratia of Rs 2 lakh for the next of kin of each deceased.
Thirteen persons died and 99 others were rescued after a Navy craft crashed into a ferry off the Mumbai coast on Wednesday, the Navy said.
At about 4 pm, a Navy craft undergoing engine trials lost control and collided with passenger ferry Neel Kamal off Karanja near Mumbai, the Navy said in a statement. The ferry was carrying passengers from the Gateway of India to Elephanta Island, a popular tourist destination.
"The boat mishap in Mumbai is saddening. Condolences to the bereaved families. I pray that the injured recover soon. Those affected are being assisted by the authorities," Modi was quoted as saying by his office in a post on X.
"The Prime Minister has announced an ex-gratia of Rs 2 lakh from PMNRF for the next of kin of each deceased in the boat mishap in Mumbai. The injured would be given

Kumkum Sen

Kumkum Sen

Page 3 - Kumkum Sen

Year-end tune: Hush, hush, we all fall down

Latest News

In this Section

All

Himachal's 30 PSEs losses rose from Rs 3,953 cr to Rs 4,778 cr: CAG

India will become growth engine of the world: PM Modi in Kuwait

King, Tamannaah And More: The Ultimate Big Bash in Goa!

Xpertnest's $1 Million Investment Fuels BharatEarns' Growth in India's Financial Ecosystem

Western Washington Medical Group Partners with Inventurus Knowledge Solutions Limited to Enhance Revenue Cycle Operations and Patient Access

Most Popular

Read

Shared

Commented

News updates: GST Council has deferred decisions on tax rates on food delivery platforms, says FM

55th GST Council takes key decisions, defers rate cuts on insurance premium

GST Council defers decision to reduce tax on health, life insurance

Kejriwal launches Dr Ambedkar scholarship amid row over Amit Shah's remarks

Modi's Kuwait trip first by an Indian PM in 43 yrs; focus on trade, defence