CPSE

CPSE News

FinMin asks central PSUs to pay 30% dividend, issue bonus shares

The government is finding it tough to adhere to fiscal deficit target of 3.9 per cent of GDP in view of likely shortfall in direct tax collections and disinvestment receipts.

Govt eyes bonus debentures to transfer cash from CPSEs

The NDA government has found a unique funding solution to bridge the fiscal deficit — one entailing the transfer of Rs 20,000 crore from rich Central public sector enterprises (CPSEs) to the national exchequer by way of bonus debentures issued to the government. The concurrence of both the ministries of coal and power is learnt […]

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Govt eyes R5,000 cr via exchange traded funds of PSUs

While no fresh PSUs can be added to the CPSE-ETF basket, official said that efforts are on to make it a more friendly product for retail investors.

Now invest in public sector companies through ETF route

Rs 5,000 is all you need to invest in CPSE ETF, which the government is set to float.

PSUs seek shareholders' share buy back

NTPC,Coal India,SAIL and NMDC have sought shareholders' approval for buying back shares.

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