Facing fines, PSUs tell stock exchanges power to appoint directors vests with govt
Public sector undertakings (PSUs) that have been fined by stock exchanges have told them that the appointment of directors lies…
Public sector undertakings (PSUs) that have been fined by stock exchanges have told them that the appointment of directors lies…
Out of the 16 operational central public sector enterprises (CPSEs) under the administrative control of the heavy industries ministry, five CPSEs including Heavy Engineering Corporation (HEC) and Hindustan Machine Tools (HMT) are making losses.
Union Minister Jitendra Singh said the government has roped in PSUs for the installation or the exercise would be done exclusively by the specialised government agencies.
Instead of selling PSUs during Covid times when their full value may not be realised, the Government could have gone in for cutting wasteful expenditure. For example, Centrally Sponsored Schemes and Central Sector Schemes that account for Rs. 14.32 lakh crore of annual expenditure, urgently call for review, with closure or modification of badly performing schemes
Union minister Nitin Gadkari on Tuesday said it was the government’s duty to support well- performing public sectors units, and…
Outgoing Niti Aayog Vice Chairman Arvind Panagariya has said the closure of 18-20 sick public sector units (PSUs) have gone…
Retail investors of Reliance Mutual Fund Central Public Sector Enterprises-Exchange Traded Fund (CPSE ETF) have, on the final day on…
The government has permitted five public sector banks to raise about Rs.950 crore from markets, Parliament was informed on March…
The government has set itself strict timelines to meet the ambitious target of raising Rs.72,500 crore in 2017-18 from stake…
With just six PSUs listed in eight years, the government plans to fix strict timelines for all profit making, large…