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PUBLIC SECTOR COMPANIES NEWS
One year on: LIC shares still trading at 40% discount to IPO price, while Sensex up 14%
May 17, 2023 9:04 am
LIC’s consolidated net profit rose sharply to Rs 8,334 crore in the third quarter as against Rs 235 crore in the same period a year ago as premium income improved and it moved Rs 5,670 crore to its shareholders' fund to shore up its net worth.
Pushing Growth Forward: PSUs set to lead capex cycle
June 24, 2015 5:48 am
The report states that power generation, transmission and distribution have also picked up. The report, however, points that new credit flows from banks into new capex remains a challenge.
Disinvestment ahead, Sensex on fire but public-sector index in freeze
December 05, 2014 9:55 am
As many as 17 PSUs are without a chairman including the likes of Coal India Power Finance Corporation and NHPC.
No ceiling on number of new bank licences: P. Chidambaram
July 02, 2013 12:24 pm
On whether India needs large banks or large number of banks,FM said there is a case for both.
Public sector chiefs likely to get fixed tenure of 3 yrs
April 24, 2013 1:03 am
Chiefs of public sector undertakings could get a fixed tenure of at least three years,in a proposal being firmed up by the government
PM to meet chiefs of blue-chip PSUs
October 23, 2012 12:59 am
Todays meet comes as firms sit on cash amid uncertain investment climate
Have cash,will invest it too
September 14, 2012 12:43 am
RBI data shows fresh investments in the economy have dipped 41 per cent.
PMO frees govt land for PSU,PPP projects
August 03, 2012 1:32 am
In a significant relaxation of land use rules,the government will allow public sector companies and public-private partnership projects to use government-owned land
Governance based on process,structure,people necessary
September 14, 2011 12:12 am
Regulators may put new norms and guidelines for companies to imbibe corporate governance principles but that may not be enough to bring out the desired result.
Quality norms for independent directors in PSUs soon: Patel
March 10, 2011 12:28 am
It is mandatory for a firm to have 50 per cent representation by independent directors on board.
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