Public Sector Units

Thursday, May 02, 2024 | Last Update : 11:07 PM IST

A country that lifted 271 million people out of poverty between 2004 and 2014 is today staring at the spectre of a growing income and wealth inequality. (Photo: PTI)

Manish Tewari | INDIA’S GILDED AGE

This privatisation turned out to be more of a societal shock, rather than therapy for an ailing economy

28 Mar 2021 4:49 AM

Centre has decided to delink the land component from the companies and transfer them to their parent ministries

Centre to delink land held by 17 sick PSUs

While the government identified 19 sick PSUs for time-bound closure two years back, till now it has managed to close only two of them

02 Nov 2020 10:49 AM

Government decides to sell 11 PSUs

MTNL, Bhel, ITDC’s Ashok Hotel in Delhi up for disinvestment.

23 Oct 2019 2:12 AM

According to a rough estimate, one rake can move 1.4 million tonne of coal per annum," the company said.

Coal India to spend Rs 700 cr to procure 40 rakes

The Maharatna PSU's board has given the green signal to procure 40 rakes at nearly Rs 700 crore.

01 Aug 2019 3:03 PM

Eminent Indian- American economist Arvind Panagariya.

Panagariya recommends aggressive privatisation of public sector undertakings in India

Among the longer-term reforms, Panagariya recommended reform of labour laws.

21 May 2019 11:50 AM

Oil Minister Dharmendra Pradhan on Monday said there was no question of going back on deregulation of fuel pricing despite the government asking state-owned firms to subsidise petrol and diesel by Re 1 per litre.

No going back on fuel price deregulation: Oil Minister Pradhan

The combination of high international oil prices and a depreciating rupee has made imports costlier.

08 Oct 2018 3:48 PM

Finance Minister Arun Jaitley. (Photo: PTI)

Govt collects over Rs 1 lakh cr through PSU disinvestment: Jaitley

So far, Department of Investment and Public Asset Management has raised Rs 1,00,056 crore through disinvestment.

29 Mar 2018 11:44 AM

Niti Aayog making new list of sick PSUs for divestment: Kant

NITI Aayog has already recommended 40 sick PSUs for strategic disinvestment.

21 Feb 2018 3:39 PM

The exemption will also be applicable to their wholly- or partly-owned subsidiaries operating in the oil and gas sectors. (Photo:IOCL)

Oil, gas PSU mergers exempt from CCI approval

CCEA approved sale of govt's 51.11 pc stake in oil refiner HPCL to country's largest oil producer ONGC.

23 Nov 2017 12:50 PM

Bharat 22 ETF is an excellent avenue for investors to participate in some of the best companies with high future growth potential.

Bharat 22 ETF to open on Nov 14; to raise Rs 8,000 cr

Bharat-22 comprises 22 scrips of PSUs, banks and entities in which government holds a minority stake.

28 Oct 2017 3:50 PM

Arun Jaitley panel finalises launch date of Bharat-22 ETF

Government had raised about Rs 8,500 crore through the three tranches of CPSE ETF last fiscal.

23 Oct 2017 8:05 PM

The government will sell 5 percent stake in the country's largest power producer NTPC at Rs 168 per share to raise about Rs 7,000 crore.

Govt to sell 5 per cent stake in NTPC tomorrow; to raise Rs 7,000 crore

The share sale through an offer for sale (OFS) will happen over two days, beginning on Tuesday

28 Aug 2017 6:18 PM

Outgoing Niti Aayog Vice Chairman Arvind Panagariya. (Photo: PTI)

Sick PSUs closure have gone 'very well': Panagariya

Government has budgeted to raise Rs 72,500 crore through stake sale in PSUs in the current fiscal.

15 Aug 2017 12:59 PM

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Dilip Cherian