Showing results for "#PSU"
PSU asset monetisation likely to get fillip in Budget FY22
The pandemic has created severe pressure on the government's coffers, thereby making asset monetisation and disinvestment the Centre's priorities to...
Sitharaman tells central PSUs to scale up capex in FY21, FY22
Stressing the need for capital expenditure (capex) by Central Public Sector Enterprises (CPSEs), Union Finance Minister Nirmala Sitharaman has said...
Centre mulls closure of PSUs up for sale on case-to-case basis
The Union government may consider the closure of central public sector units (PSUs) even if they have been approved for strategic disinvestment on a...
Defence infra of PSUs, OFB to be modernised: Rajnath Singh
Indian Defence Minister Rajnath Singh launched modernization and upgradation of defence public sector undertakings and Ordnance Factory Board...
Govt to go ahead with divestment of 23 PSUs cleared by Cabinet:...
The government is working on completing the stake sale process of about 23 public sector companies whose divestment has already been cleared by the...
Cabinet okays Rs 12,450 cr recap of 3 PSU general insurance cos
The Union Cabinet on Wednesday approved capital infusion of Rs 12,450 crore for three state run insurance companies - the Oriental Insurance Company,...
Govt looks to create consultancy giant through merger of PSUs
After oil and power sectors, the government now plans to create a public sector consultancy giant by bringing together about half a dozen smaller...
PSUs may pick stake in merged PFC-REC entity to keep 51 pc govt...
Sources also said that government may also consider going in for investment by the Life Insurance Corporation (LIC) in the merged entity to maintain...