Page 2 - Public Sector Undertakings Psus

PSUs to compete with pvt firms for rail contracts following new order

The Railway Board has issued an order that will now make public sector companies compete with the private sector

Govt gets financial bids for Central Electronics after Air India deal

The govt seeks to disinvest its 100% shareholding in the PSU, buyer to observe three-year lock in

SPV of state-run firms may be tasked to redevelop land bank with sick PSUs

The govt may rope in state-run developers such as NBCC (India) to maximise value from the sale of sick and loss-making PSUs that failed to generate suitable investor in the initial round of bidding

New India on hiring drive, uncertainty continues for other 3 non-life PSUs

Even as The New India Assurance Company Ltd is on a massive recruitment drive, suspense continues in the case of the remaining three government owned non-life insurers, said industry officials.

National Monetisation Pipeline dangerous bid by Centre to raise money: TMC

Trinamool Congress Tuesday lashed out at the newly unveiled National Monetisation Pipeline calling it a "dangerous bid" by the "bankrupt" Narendra Modi government to raise money

Legalised loot, organised plunder: Cong on National Monetisation Pipeline

The Congress described the govt's infra monetisation plan as "legalised loot and organised plunder", alleging that invaluable public assets created over decades are being handed over to a chosen few

PSU insurers employees go on strike to protest proposed privatisation

Employees of public sector general insurance (PSGI) companies are observing nationwide one-day strike on Wednesday to protest against intended privatisation of state-owned insurers.

Best of BS Opinion: Fresh Covid worries, India's Afghan crisis, and more

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

Making PSUs board-yukt and sarkar-mukt

PSUs have played a well-defined role in India's progress over 74 years. Some have delivered sterling outcomes that the return-seeking, capital-poor private sector would have been unable to do

Getting a breather: High commodity costs give debt relief to PSUs

Combined net debt stood at Rs 6.83 trillion at the end of March 2021

These lesser-known firms set to make a mark in India's oil and gas sector

Nippon Power, South Asia Consultancy, PFH (Poddar Family Holdings) Resources and Chennai-based Adbhoot Estates could be the first ones to start production from blocks awarded during DSF-1 auctions

Preferential valuation

PNB Housing should have engaged an independent valuer

Govt proposes one-year retention for Air India staff after privatisation

Draft RFP sets a precedent for all state-owned firms on the block

Ministry of Defence allocates Rs 500 cr for designing innovative products

The iDEX initiative was launched by Prime Minister Narendra Modi in April 2018, with the aim of fostering innovation and technology development in defence and aerospace

PSU m-cap up 77% in 7 months as investors move towards value stocks

But share in total m-cap languishes below 10%, lower than long-term average of 13%

No takers for govt-owned vaccine manufacturing plant in time of Covid-19

Bidding deadline extended for eighth time since January

How GIC's ownership problem is keeping insurance biz from growing up

Government shareholding and preferential regulation have skewed the reinsurer's efficiency and, by extension, that of the non-life insurance industry's too

Explained: How State Bank of India regained its footing on the bourses

India's largest bank is now the most valuable state-owned entity, even as other public sector firms struggle to retain their place on the bourses

Govt to snip red-tape in PSU sale approval, cut time frame by 90%

Proposals may directly go to CCEA for its nod

GAIL set to kick off asset monetisation in oil sector by end of 2021-22

InvIT to be floated by the end of next fiscal year