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)

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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

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‘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

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