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Latest Articles in CPSEs

Net Profit Of CPSEs Down 20% To Rs 1.38 Lakh Cr In FY'20

Overall net profit of operating CPSEs during 2019-20 stood at Rs 93,295 crore as against Rs 1,42,666 crore in the previous year, down 34.6 per cent.

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Net Profit Of CPSEs Down 20 Pc To Rs 1.38 Lakh Cr In FY'20

Net loss of loss-incurring CPSEs stood at Rs 44,817 crore in 2019-20 (84 CPSEs) as against Rs 31,620 crore in financial year 2018-19 (69 CPSEs), showing an increase of 41.7 per cent, the 60th annual Public Enterprises Survey 2019-20 said.

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Cabinet Okays Scheme To Provide Rs 1,624 Cr Over 5 Yrs As Subsidy To Indian Shipping Cos

Registration shall be done online within 72 hours like the world's best ships registries and this will make it easy and attractive to register ships in India and thereby aid in boosting the Indian tonnage.

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Steel Minister Reviews PSU Performance, Asks To Align Biz Activities To Remain Competitive

The steel minister on Monday held a virtual conference with SAIL chairman and CMDs of NMDC and MECON, to review the activities and performance of these state-owned entities

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Finmin Asks Ministries To Work Out Govt Guarantee Plan For FY'22

Fiscal Responsibility and Budget Management (FRBM) rules stipulate that the government cannot guarantee more than 0.5 per cent of the GDP of the respective financial year to Central Public Sector Enterprises (CPSEs) or entities.

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FM Asks Various Ministries To Front Load Capex; Explore PPPs For Viable Projects

Capital expenditure (capex) plans of ministries and their CPSEs (Central Public Sector Enterprises), status of implementation of Budget announcements and measures to expedite infrastructure investment were discussed

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FM Asks Ministries To Front-Load Their Capital Expenditure

The Union Budget 2021-22 provided a capital outlay of Rs.5.54 lakh crore, a sharp increase of 34.5 per cent over the Budget Estimate of 2020-21.

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Efficient Management, Tech Use By Pvt Sector To Unlock Real Value Of Cpses Being Privatised: FM

The government has budgeted to raise Rs 1.75 lakh crore in the next fiscal beginning April 1 from the CPSE share sale, including strategic disinvestment and minority stake sale.

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Ministries Of Defence, Railways, CPSEs Among Largest Buyers From Gem Platform

GeM CEO Talleen Kumar said that they are introducing a range of software functionalities to address the unique and diverse procurement needs of these large buyers.

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Govt Invites Preliminary Bids To Sell 63.75 % Stake In Shipping Corp Of India

Shares of Shipping Corp were trading at Rs 86.30, up 4.54 per cent over its previous close on the BSE.

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Finance Minister holds 4th review meeting on CAPEX of Central Public Sector Enterprises

Finance Minister holds 4th review meeting on CAPEX of Central Public Sector Enterprises

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Let’s Get Gallant About PSU Talent; Not Nonchalant, As We Are Now.

The Public Enterprises Selection Board (PESB), a part of the Department of Personnel and Training, announced a set of draft proposal to revamp the process of selection of heads of public sector companies & its functional leadership.

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Sitharaman asks secretaries to ensure capital expenditure to tune of 50 pc of outlay by end of Q2

Sitharaman asks secretaries to ensure capital expenditure to tune of 50 pc of outlay by end of Q2

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Finance Minister Nirmala Sitharaman holds second review meeting on CAPEX of CPSEs

Finance Minister Nirmala Sitharaman holds second review meeting on CAPEX of CPSEs

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Dharmendra Pradhan, CEA discuss establishing integrated steel hub in eastern India

Dharmendra Pradhan, CEA discuss establishing integrated steel hub in eastern India

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