Govt wants PSUs to hire more apprentices for service business
The govt is of the view that though most PSUs are hiring apprentices for technical and manufacturing job roles, the number of apprentices in the service sector is lagging behind. The aim is to fill the gap in supply and demand for skilled workforce and meet the aspirations of the Indian youth through gaining on-the-job training.
Government set to close loss-making PSUs
“There are several cases where the disinvestment process has been going for years. There is very l...
Massive dues of coal PSUs: Parliament panel calls for punitive action on power companies
The Standing Committee on Coal and Steel in a report...
Government raises Rs 2.79 lakh crore through divestment in last 5 years
The Minister said that the government follows a policy of disinvestment through minority stake sale and strategic disinvestment. So far, the government has given 'in-principal' approval for strategic disinvestment of 33 central public sector undertakings (CPSEs).
Congress accuses centre of promoting private telcos at cost of PSUs; asks if electoral bonds involved
Addressing media persons, Congress spokesperson Pawan Khera alleged that public sector companies like BSNL and MTNL which were making profits under the previous UPA 1 and 2 governments are now running at losses while the government is promoting and giving relief to private sector companies.
India's PSUs should bid for international projects as consortium: Report
The CII report, titled 'Can the Indian PSEs enhance their Geo-strategic reach', presents a roadmap to expand exports and geo-strategic reach of public sector enterprises (PSEs) by 2022.
PSUs losing out on best possible service providers: mjunction ltd
mjunction has bagged contracts for e-auction of telecom spectrum for the Department of Telecommunications, e-bidding of oil and gas blocks and more recently, contracts to deploy its e-procurement system at Ordnance Factory Board under the Ministry of Defence and also for all departments of the Government of Bihar – all through open bidding.
Going for more professionalism in PSUs via equity dilution: Dharmendra Pradhan
The Union Cabinet on Wednesday decided to sell its entire stake in three enterprises and bring down stake below 51 per cent in select PSUs.
Mega disinvestment: BPCL along with 4 other PSUs to be privatised
In the biggest privatisation drive ever, the Union Cabinet on Wednesday approved sale of government's stake in blue-chip oil firm BPCL, ship...
Government approves strategic disinvestment of BPCL, 4 other PSUs
The government will sell its 53.29% stake in BPCL after taking out Numaligarh refinery from its portfolio.
IOC, other PSUs not to bid for BPCL, hints Oil Minister Dharmendra Pradhan
The Cabinet on Wednesday decided to sell the government's entire stake in the country's second-largest state refiner BPCL and India's largest shipping company Shipping Corporation of India (SCI). It also approved privatisation of Container Corporation of India while also giving nod to paring stake below 51% in select PSUs but without losing control.
Opposition protests in Lok Sabha over disinvestment of PSUs, electoral bond
Congress staged protests in Lok Sabha against privatisation of a few PSUs, including Bharat Petroleum Corporation Limited (BPCL), and issuance of electoral bonds, terming the move as "big scams".
PSUs must be subjected to governance norms on par with pvt firms: CII
"CPSEs must be subject to the same governance standards as private players. Excessive scrutiny from the Central Vigilance Commission (CVC) and the Comptroller Auditor General (CAG), coupled with the threat of Central Bureau of Investigation (CBI) often leads to stalled or over-cautious decision-making in CPSEs.
Global brokerages see up to 30% upside in this PSU
“Fixed cost under-recovery is reducing and risk-reward is attractive for NTPC,” said Morgan Stanley.
Mamata Banerjee on divestment of PSUs: PM should’ve called all-party meet before taking such decisions
West Bengal CM Mamata Banerjee said disinvestment of PSUs cannot be a permanent solution, also added that PM Narendra Modi should’ve called ...
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