Page 11 - Psus

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

PM Modi on how govt will use funds from privatisation, asset monetisation

Plan to monetise 100 public sector assets, drawing Rs 2.5 trillion: PM

Says government has no business to be in business; 'Our mantra is monetise and modernise'

PM Modi says govt committed to selling non-strategic PSUs

Modi on Wednesday made his strongest pitch for privatisation of non-strategic PSUs

Centre likely to go Canada way to set up SPV for land monetisation

Over the years, PSUs have been unsuccessful in selling their land assets due to pending litigation and lease terms

New PSEs policy envisages at most 4 PSUs in strategic sectors: DPE Secy

The new public sector enterprises policy envisages that the strategic sectors have limited number of players restricting it to maximum four public sector enterprises of the holding nature

Govt received Rs 36,709 cr dividend from 100 PSUs in 2018-19: CAG report

It further said 13 government companies under the Ministry of Petroleum and Natural Gas contributed Rs 29,272 crore, representing 40.74 per cent of the total dividend declared by all government firms

Govt has decided to shut 2 pharma PSUs, disinvest other 3: Govt tells LS

The government has decided to close two pharma public sector undertakings and disinvest the other three, Parliament was informed on Tuesday. "The Department of Pharmaceuticals has five public sector undertakings (PSUs). Out of the five PSUs, the government has taken a decision to close two pharma PSUs, namely Indian Drugs & Pharmaceuticals Ltd (IDPL) and Rajasthan Drugs & Pharmaceuticals Ltd (RDPL)," Minister ofChemicals and Fertilisers D V Sadananda Gowda said in response to a question in the Lok Sabha. The government has also decided to strategically disinvestthe other three -- Hindustan Antibiotics Ltd (HAL), Bengal Chemicals & Pharmaceuticals Ltd (BCPL), and Karnataka Antibiotics & Pharmaceutical Ltd (KAPL), he added. The government has offered voluntary retirement benefits to allemployees of IDPL and RDPL, Gowda said. "However, the Committeeof Ministers constituted on September 9, 2019, will take necessary decisions pertaining toclosure/strategic sale of the ...