Keyword : PSUs

43 coal mines allotted to PSUs

Coal mines allotment to central and state public sector undertakings (PSUs) was completed on Tuesday.  Coal secretary Anil Swarup tweeted that list of coal block allottees will be made availab

The curious case of missing independent directors

The concept of independent directors (IDs) was first introduced in India by the Securities Exchange Board of India (Sebi) in February 2000, as part of its standards on corporate governance for list

CSR: Role in sports and skill development

The northeast region of the country has been struggling with several socio-economic problems. Lack of education and employment opportunities in these states are creating further tribulations. Howev

The five Cs that scare the PSUs

Public sector undertakings (PSUs) are scared of five Cs: namely, the central information commission (CIC), central vigilance commission (CVC), central bureau of investigation (CBI), comptroller and

541 board level posts lying vacant in CPSEs

 More than 500 posts, including those of full-time and part-time directors, are lying vacant in various central public sector enterprises (CPSEs). Several posts of chairman and manag

22 PSUs fined for not appointing women directors

A total of 1,375 BSE-listed companies and 191 NSE-listed companies have been fined for failing to appoint women directors on their respective boards. Out of these, two are public sector banks and 2

PSUs can now hire talent from private sector

 The central public sector enterprises (CPSEs) can now hire talented and experienced people from state public sector enterprises (SPSEs) and private sector. The union cabinet on Wednesday gave

Disinvestment: Government may sell stake in 3 PSUs

 The government is moving ahead with the plan for strategic disinvestment of the selected public sector undertakings (PSUs). And there could be at least two-three such stake sales in the curre

Shut down one PSU, sell four others: NITI Aayog

 NITI Aayog may recommend the closing down of one sick central public sector enterprise (CPSE). Four enterprises could be up for strategic disinvestment in the first phase of the government pl

40 central PSUs headless: Government

 As many as 40 central public sector enterprises (CPSEs) are running without a regular chief executive, the parliament was informed today.  These include MTNL, Shipping Corporat

Centre’s disinvestment plan set to get a major boost

 This financial year promises to be a bumper year for the government when it comes to disinvestment revenue. As many as 30 cash-rich PSUs including ONGC, NTPC, Power Grid, ONGC Videsh and BHEL

Government eyes stake sale in more PSUs

 The government is looking to sell some of its stake in NMDC, NALCO, BHEL through the offer for sale (OFS) route. According to a news report in moneycontrol.com, the centre may divest through

Disinvestment rakes in Rs 21,000 crore

 The government has raised Rs 21,000 crore through stake sales and buybacks in April-September 2016-17. This is the highest-ever first half disinvestment revenue for any year, raising expectat

PSUs to seek approval from Niti Aayog for joint ventures

 The NITI Aayog, besides identifying PSUs for strategic sales and monitoring the closure of loss making firms, will now also give approvals to the state-run entities to set up financial joint

Cabinet expected to clear stake sale in 20 PSUs

 The cabinet is expected to clear the plan to cut majority stake in around 20 state-run enterprises on Wednesday. These also include several profit-making companies, signalling a restart of eq

Most PSUs failed to comply with caste-based reservations: SC panel

 Most of the central public sector undertakings (PSUs) have failed to comply with recommendations pertaining to caste-based reservation such as keeping reservation rosters and filling of backl

Profits of PSUs fell in 2015

 For the first time in five years, the profits of India’s state-owned companies dropped, by about 20 percent in 2015. According to the government data 77 public-sector undertakings (PSUs

PSUs participate in vigilance awareness week

 The Central Vigilance Commission observes vigilance awareness week to promote probity in public life and to achieve a corruption free society. The week started with pledge taking by public se

8 PSUs declare bonus shares

 Eight public sector undertaking (PSUs) companies have announced bonus shares for their shareholders thus far in the current calendar year 2016, reported Business Standard. Statistic

More PSUs to visit IITs for placement

 Almost all key IITs across the country have got a reason to rejoice as the number of public sector undertakings (PSUs) queuing up to conduct placement camps has gone up significantly, The Eco

Supply LPG only to PSU oil firms, government tells producers

 Liquefied petroleum gas (LPG) producers like Reliance Industries have been asked by the government to supply cooking gas they produce only to state-run oil companies. Private retailers have b



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