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Union Minister Nitin Gadkari (Photo: PTI)

Govt's duty to support well-performing PSUs: Gadkari

Transport Minister says govt can also sack and offer voluntary retirement scheme to non-performing officers.

27 Sept 2017 9:53 AM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

PSU listings to gain momentum next fiscal

The government has set a divestment target of Rs 90,000 crore for FY2019-20.

26 March 2019 1:46 AM IST

On July 8, the TMC MPs walked out of Rajya Sabha protesting against the Centres decision to disinvest 42 Public Sector Undertakings (PSUs) and opposed the governments move in Lok Sabha. (Photo: ANI Twitter)

TMC MPs stage protest against govt for sharing citizens' personal data

The lawmakers will be protesting in front of the Gandhi statue in Parliament.

17 July 2019 11:29 AM IST

The new Air-Purifying inverter air conditioners are available at all retail outlets from a starting price of Rs 39,000 to Rs 72,000.

Power minister asks central govt depts to run ACs at 24 deg Celsius to...

Buildings, Power Minister R K Singh said, consumes over 30 per cent of the total electricity consumed in India.

11 July 2019 7:34 PM IST

The government will meet the 3.5% fiscal deficit target for FY18 as broadly direct and indirect collections are in line with expectations and there have been some savings on expenditure, Hasmukh Adhia said.

India aims to cut stake in state-run firms to minimum in FY20: Source

Government seeks to shore up 1.05 trillion rupees (USD 15.30 billion) through stake sales in the current fiscal year.

8 July 2019 12:21 PM IST

The mergers are part of the governments attempt to consolidate the public sector banks. (Photo: ANI)

Changes to expect after FM's announcements on PSU bank mergers

Finance Minister Nirmala Sitharaman said, 'We want banks with strong national presence and enhanced risk appetite.'

30 Aug 2019 7:14 PM IST

Referring to the economic slowdown, the Congress leader said the situation in the country is above politics. (Photo: ANI)

'Company Raj': Priyanka Gandhi slams BJP for privatisation of MCF in...

I have seen advertisements in newspapers by the unions of tea estates and mill associations,' Gandhi said.

27 Aug 2019 7:31 PM IST

A representative image of a Public Sector Undertaking or PSU. (Photo: PTI)

Govt to appoint global consultant to sell surplus land of PSUs

The government is at present on the look-out to tap newer sources of revenue as it tries to address the country's...

26 Sept 2019 10:12 PM IST

Revenue deficit target of 2 per cent of GDP will be met in current fiscal, the deficit would be 1.9 per cent in the next.

Revenue collection for April-May capped at Rs 1,27,461 crore

The aforementioned figure comprises Rs 1,02,408 crore tax revenue.

30 Jun 2018 11:04 AM IST

The court also directed the joint director (education) to decide her proposal about appointing her on compassionate grounds within three weeks. (Representational image)

Govt directs PSUs to challenge only those cases which involve larger...

The ministry requests that such litigation can be avoided by effective compliance of the provisions of labour laws.

26 Jun 2018 1:30 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Listed PSUs can meet public holding norm till Aug 18

Deadline has been extended to avoid bunching of share sale offers from state-owned firms.

14 July 2017 3:43 PM IST

The government has so far garnered about Rs 16,000 crore through buybacks by five PSUs including NMDC and Coal India.

No woman director at 65 PSUs, govt asks RoCs to act

Sebi directive and Companies Act, 2013, mandate all listed firms to have at least one woman director.

24 March 2017 4:31 PM IST