public sector undertakings

public sector undertakings News

PSU disinvestments: To begin from August; may fetch Rs 22,000 cr

In a significant change of strategy, disinvestment department now plans to appoint merchant bankers for managing a basket of PSU stake sales.

January saw 264 firms being set up every day

Maximum registration was in Maharashtra (1,563) followed by Delhi (1,356) and UP (741)


SC questions govt policy,says it put ‘cart before the horse’

The Bench questioned the way government dealt with the situation.

PSUs to sell shares to staff at 5% discount

Employees of public sector undertakings (PSU’s) will now get their company’s shares at a discount of 5 per cent to the cut-

Public sector chiefs likely to get fixed tenure of 3 yrs

Chiefs of public sector undertakings could get a fixed tenure of at least three years,in a proposal being firmed up by the government

Rs 30,000 cr disinvestment target OK: FM

Government will be looking at divesting residual stake in PSU's: Chidambaram


‘Hope to raise Rs 13K cr from stake sale by Dec’

The finance ministry is hopeful of raising Rs 12,000-13,000 crore from stake sale in the public sector undertakings (PSUs) by December-end which could help the government to rein in fiscal deficit to around 5.3 per cent of the GDP in 2012-13

CCEA clears disinvestment in 4 PSUs

UPA govt today approved stake sales in four state-run cos including MMTC,Nalco.

PMO nod to PSUs getting serving private firm CEOs as directors

The Prime Minister’s Office has cleared a proposal to appoint serving chief executive officers (CEOs) of private companies as independent directors of public sector undertakings

After decades in govt,parked in a PSU board

46 retired babus currently directors in PSUs; concerned PMO steps in,seeks their profiles