Page 17 - Psus
More PSUs likely to be sold soon
Centre might move swiftly on its next round of strategic sales in CPSEs
 "More PSUs likely to be sold soon")
No exceptions: Listed PSUs must match private firms in corporate governance
Hard deadlines should be set for compliance with these minimal standards of governance
Hope floats for minimum public shareholding in PSUs
Govt will have to tweak the SCRR before August to provide leeway to the 25 PSUs
 "Hope floats for minimum public shareholding in PSUs")
PSUs to invest Rs 30,000 cr to revive four fertiliser plants
Move is expected to make India self-sufficient in urea production & cut imports
 "PSUs to invest Rs 30,000 cr to revive four fertiliser plants")
Govt plans stake sale worth Rs 34,000 cr in IOC, SAIL, five other PSUs
Other companies on radar are hydro-power firm NHPC, Power Finance Corporation, REC and NLC India Ltd
 "Govt plans stake sale worth Rs 34,000 cr in IOC, SAIL, five other PSUs")
State-owned power company gives shock to PSU profit in Chhattisgarh
CAG pegs PSUs' loss at Rs 1,108.05 crore
 "State-owned power company gives shock to PSU profit in Chhattisgarh")
How four PSUs are paying dividends in record time
Primer on Sebi LODR regulation 29 and 42
 "How four PSUs are paying dividends in record time")
Public sector does the rescue act
Indeed, PSUs are known to put their foot down if an unviable decision is forced on them
 "Public sector does the rescue act")
Govt plans strategic sale of 3 PSUs, merger of 4
Govt has budgeted to raise Rs 15,000 cr through strategic sale of PSUs next financial year
 "Govt plans strategic sale of 3 PSUs, merger of 4")
BSE PSU index hits 22-month high; Power Grid, IOC, HPCL hit record high
Total 12 PSU stocks include NTPC, NHPC, SAIL, Moil and MMTC hit their respective 52-week highs
 "BSE PSU index hits 22-month high; Power Grid, IOC, HPCL hit record high")
Cabinet okays sale of two pharma PSUs, closure of two others
Govt has budgeted Rs 20,500 crore from strategic sale this financial year
Cabinet approves sale of surplus land of 4 pharma PSUs
VRS / VSS will also be implemented in these organisation
PSU shares gain; ITI, MMTC, Nalco hit 52-week high
MMTC, Nalco, Hindustan Copper, MTN), HMT and SCI were up between 4% to 12% on the BSE
 "PSU shares gain; ITI, MMTC, Nalco hit 52-week high")
IIT placements: ISRO, Navy, PSUs steal the show on Day Zero
The number of government and manufacturing firms making campus recruitments has risen by 10 per cent at IITs
 "IIT placements: ISRO, Navy, PSUs steal the show on Day Zero")
PSU pack largely unscathed in current market meltdown
90 state firms lose only Rs 19,000 crore of market value against Rs 8.1 lakh crore meltdown for all
 "PSU pack largely unscathed in current market meltdown")
BSE PSU index hits 52-week high
Thus far in 2016, the S&P BSE PSU index outperformed the market by surging 17% against 6% gain in Sensex.
 "BSE PSU index hits 52-week high")
Cabinet to take final call on listing of PSU insurers this month
"The Cabinet nod for PSU general insurers is likely this month," an official said
BSE PSU index hits 18-month high; ONGC, Moil, REC hit 52-week highs
In past one-month, the PSU index outperformed the market by gaining 5% against 0.4% decline in Sensex,
 "BSE PSU index hits 18-month high; ONGC, Moil, REC hit 52-week highs")
PSU staff may form trusts to buy stake
The employee options in primary market divestments have fallen woefully short of the 5 per cent quota
Don't think small
Larger PSUs should be privatised too
