A study of 450 MSME members revealed that govt departments including state depts owe them Rs 1,709 Cr, while private sector also owes about RS 110 crore
Only PSUs can raise money cheaply today since it is assumed that the government won't let them default
Bharti Airtel paid Rs 10,000 crore, with Rs 27,740 crore balance remaining, he said, adding Vodafone Idea has paid Rs 3,500 crore and Rs 49,538 crore remained due
GAIL lines up Rs 1 trillion capex for next five years
The minister said this while interacting with officials of SAIL's Bhilai Steel Plant (BSP) in Bhilai, Chhattisgarh, the PSU said in a statement
The Union Cabinet had on Wednesday expanded the scope of the scheme to cover litigation pending even in debt recovery tribunals
The statement assumes significance when the Narendra Modi-led government had been mooting major strategic disinvestment
In an environment where rates are rising, these funds could give negative returns
ONGC, Indian Oil Corporation and NTPC were the top three profitable PSUs in 2018-19
Out of the 17 PSUs, 15 received equity long-term loans, grants or subsidiaries to the tune of Rs 303.95 crore from the state government
The new income tax slabs announced Saturday appear aimed at Delhi voters, particularly younger entrants to the job market or those employed in the gig economy
Survey lessons like exports' importance for growth and jobs, how govt intervention in markets can be harmful, and wealth creation via privatisation should have been imbibed long ago, writes T N Ninan
The rise in new projects is despite a fall in capacity utilisation
A K Chaudhary, SAIL's current chairman assumed the position in September 2018, is scheduled to retire in December 2020
Economic growth rate fell to over six-year low of 4.5% in the second quarter of 2019-20
The Modi govt is strong enough to override the resistance that has come from some quarters, but it should be mindful of reputation risks in decisions on complex financial questions, writes T N Ninan
Modi has received more than $28 billion from state firms since he came to power in 2014, by extracting dividends or getting PSUs to buy out the government's stake
By March 2018, there were 18 state PSUs which included 16 government companies and two statutory corporations
On October 24, the Supreme Court ruled that AGR for telcos should include all revenue accrued to carriers, including that from non-core activities, backing the DoT's stance in a 16-year-old case
CII report, titled 'Can the Indian PSEs enhance their Geo-strategic reach', presents a roadmap to expand exports and geo-strategic reach of public sector enterprises by 2022