The net worth of 64 central public sector enterprises (CPSEs) has been completely eroded by accumulated loss with their net worth turning out to be negative during 2014-15. This was noted in a fina
With a vision to create an ideal institution for PSU employees and develop a public sector cadre of professionals, the Standing Conference of Public Enterprises (SCOPE) will establish an Academy of
State-run companies need to be kept at an arm`s length from their administrative ministries and should be given more freedom and flexibility, said NITI Aayog CEO Amitabh Kant. He sa
The government wants central public sector enterprises (CPSEs) to significantly increase the number of apprentices they train. It has asked all profitable CPSEs to ensure 2.5 percent of their total
A road map for the financial restructuring of central public sector enterprises (CPSEs) through various mechanisms, including mergers, would be drawn up soon. Also, the government is looking for op
NITI Aayog has recommended disinvestment of central public sector enterprises (CPSEs) such as Air India after they are revived. It has also recommended immediate winding up 26 state-run companies
Not even a single candidate turned up for the scheduled interview for the post of chairman and managing director of Electronics Corporation of India Limited (ECIL). The public enterprises selection
The cabinet committee on economic affairs led by prime minister Narendra Modi has approved alternative mechanism, to take a call on the quantum of disinvestment in a particular central public sec
The central public sector enterprise (CPSE) exchange traded fund (ETF) gets bids of around Rs 12,000 crore – over two and a half times the base issue size of Rs 4,500 crore, a PIB release sai
The board of directors of Central Public Sector Enterprises (CPSEs) take decisions as per the delegated powers to invest funds, said minister of state in the ministry of heavy industries and public
The Department of Heavy Industry (DHI) has been undertaking appraisal of the status of each CPSE on case to case basis and the ones having profitability potential are supported
BHEL has achieved a capacity addition of 6,317 MW in the utility segment, which is nearly four times more than any other manufacturer With the commencement o
Steel Authority of India Ltd (SAIL)’s chairman P K Singh recently reviewed the strategic sales initiatives charted out by the company’s marketing team for the current financial year a
IndianOil Corporation Limited has signed an agreement with Numaligarh Refinery Limited (NRL) and Paradip Port Trust to help the NRL build a crude oil pipeline from Paradip Port (Odi
Chaudhary Birender Singh, minister for steel, said that the Indian steel industry is at the cusp of a significant milestone by becoming the second largest stainless steel producer in the world, l
Navratna CPSE National Aluminium Company Limited (Nalco) has signed an MoU with the ministry of mines, setting higher targets in production, productivity, turnover and CAPEX for current FY 2017-18
Finance minister Arun Jaitley has announced a new Exchange Traded Fund (ETF) — BHARAT 22 which consists of 22 stocks of CPSE’s, public sector banks and strategic holding of
In its bid to make the country self-reliant in the areas of 12 strategic minerals that are either not available in India or not available adequately, National Aluminium Company (NALCO), HCL and Min
The Public Enterprises Survey (2016-17) was recently unveiled by the department of public enterprises under the ministry of heavy industries and public enterprises in both the houses of the Parliam
The cabinet has approved the department of public enterprises’ (DPE) revised guidelines on shutting down loss making CPSEs and disposal of movable and immovable assets. The rev
Steel minister Chaudhary Birender Singh has unveiled the corporate sports policy for ministry of steel’s central public sector enterprises (CPSEs) to provide a framework for promotion of spor
The centre has said 384 CPSEs have spent Rs 10,806.92 crore for carrying out corporate social responsibility activities and projects between 2015-16 and 2017-18 FY. Acc
The Centre on Friday has given its go ahead to list seven central public sector enterprises (CPSEs) on the stock exchange through initial public offering (IPO) and further public offer (FPO).
SJVN, a miniratna CPSE under the ministry of power, has organised its 33rd Annual General Meeting where Chairman and Managing Director Nand Lal Sharma highlighted the a
