PSU

Oil PSUs to set up seven medical oxygen plants in Odisha

With 33 oxygen plants, the total daily medical oxygen production capacity of steel plants is 2,834 tonnes.

published on : 26th April 2021

Defence PSUs, Ordinance Factories extends assistance to civil administration to fight surge in COVID  cases 

Work by HAL is underway to set up a 250-bed COVID care facility in Lucknow, Uttar Pradesh. It is expected to be operational in the first week of May.

published on : 25th April 2021

Old SpaceX capsule delivers new crew to space station

Although this was SpaceX's third crew flight for NASA, it was the first to use a vehicle that's flown before, an essential part of Musk's push to the moon and Mars.

published on : 24th April 2021

Mega merger of Steel PSUs comes into focus once again

Steel Executives Federation of India national executive council passes resolution seeking merger of steel PSUs. Earlier, a Parliamentary panel recommended it 

published on : 6th April 2021

Compound interest waiver: SC order may cost PSU banks to take burden of Rs 2,000 crore

According to banking sources, initially 60 per cent of borrowers availed moratorium and gradually the percentage came down to 40 per cent and even less as collection improved with ease in lockdown.

published on : 4th April 2021

Government unlikely to continue with zero-coupon bond route to recap PSU banks

Sources said that the RBI raised some concerns with regard to calculation of an effective capital infusion made in any bank through this instrument issued at par.

published on : 28th March 2021

Telangana industrial infra body flayed for selling prime government land below market prices

A CAG report said that the TSIICL deviated from its Allotment Regulations, which resulted in a revenue loss of Rs 4.47 crore to the government.

published on : 27th March 2021

Government garners Rs 30,369 crore as dividend from PSUs

In the revised budget estimate, the government significantly lowered the dividend receipt from the CPSEs to Rs 34,717.25 crore from Rs 65,746.96 crore estimated earlier for this financial year.

published on : 23rd March 2021

Two-day bankers’ strike begins in Andhra Pradesh, services affected

With the agitation continuing the entire day, services such as deposits and withdrawals at several banks were completely affected.

published on : 16th March 2021

Dozen privatisation proposals may be considered in fiscal year 2021-22

This list would focus on profit making entities operating in non-core areas that could help the government realise better valuations and good investor interest.

published on : 6th March 2021

PSU privatisation: Why now and why it matters

The shift is driven by economic realities. Why privatisation matters now is embedded in the detailing of Budget 2021 documents.

published on : 28th February 2021

Ensure fair and democratic capitalism

Modi is perhaps putting minimum government, maximum governance back on the table.

published on : 28th February 2021

Govt has 'no business to be in business': PM Modi says administration committed to privatisating PSUs 

Speaking at a webinar on privatisation by the Department of Investment and Public Asset Management (DIPAM), Modi said the Budget has given a clear roadmap to take India to a high growth trajectory.

published on : 24th February 2021

Central PSUs set to miss FY21 capex target

Officials say that the public enterprises have not been able to achieve even half of their budgeted target so far.

published on : 24th February 2021

FM defends PSU disinvestments, links it to revival of economy

Says the Budget aims to help wealth creators; terms socialism as an ‘imported’ concept.

published on : 22nd February 2021
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