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Latest Articles in psus

PSU Privatisation Effort Has Resulted In Decimal Impact

The key lies in creating a fair and competitive environment that promotes excellence and competitiveness

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Gujarat Govt Orders Guidelines For 100 PSUs To Make Them Profitable

The resolution stresses on “efficient management of state’s investment in state PSUs”, and contains “guidelines” issued for PSUs controlled by the Gujarat government or entities where the state has a controlling stake

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Losing Steam?

The government’s disinvestment programme, designed to free it from owning and running businesses, appears to have been put on the backburner

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PSU Insurers Lodge COVID Insurance Claims Worth Rs 17,537 Cr Till Dec: Govt

Minister of State for Finance Bhagwat Karad said that public sector insurance companies sustained a total loss of Rs 3,450.68 crore during the one and a half financial year period from April 2020 to September 2021

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PSUs To Compete With Private Companies For Rail Contracts After New Order

Under the earlier policy introduced in 2019, the Railways identified eligible PSUs and awarded the contract after a competition within them. The winning PSU would then float tenders for contractors for the works.

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Modi Government Approves Of A Host Of New Top Management In Several PSUs

Central Government has recently approved several board-level new appointments in PSUs and PSBs across India.

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GAIL Awarded For Making Highest Procurement Among Cpses Through Gem Portal

Government e Marketplace facilitates online procurement of common use Goods & Services required by various Government Departments, organisations, PSUs.

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Strengthening Institutions To Power The Nation: D V Kapur

A nonagenarian like none other, Dr. D V Kapur explained the core of good institution-building and subsequent nation-building lies in disciplined project management, a conducive organisational structure, and a logical systems approach.

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Govt Extends Retirement Age Of LIC Chairman To 62 Years

The government approved a nine-month extension to LIC Chairman M R Kumar till March next year in view of the insurer's proposed initial public offer towards the end of the current fiscal.

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Draft Cabinet Note Floated For 100% FDI In Oil PSUs Approved For Disinvestment: Sources

Foreign investment up to 100 per cent under the automatic route would be allowed in cases where an 'in-principle' approval for disinvestment of a PSU has been granted by the government.

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Number Of Independent Directors On Decline; PSUs Mainly Responsible For Reduction: Report

PSUs in the NIFTY 500 companies needed to appoint around 141 independent directors to their board to be in compliance with the listing guidelines of Securities and Exchange Board of India (Sebi) as on December, 2020.

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POSOCO Organises Vaccination Camp For Staffers Of Power PSUs

Employees as well as family members of power sector CPSEs/organisations including POSOCO, PGCIL, EESL, NHPC, NTPC, CEA, CERC, among others, were vaccinated.

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Sensex, Nifty end flat as Metals and PSUs Underperform

Sensex closed at 50,363.96, down by 31 points, and Nifty-50 closed at 14,910.45, down 19 points

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Privatisation Goal: Optimise Impact, Not Revenue

The public sector suffers structural frailty. The ‘owner’ i.e. the government neither has the expertise nor the motivation to run business.

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SAIL Turnaround A Challenging Experience In 36-Yr-Long Career, Says Outgoing Chairman

From a debt level of Rs 50,638 crore in September 2020, the company aims to bring it down to around Rs 45,000 crore by the end of this month, and Rs 40,000 crore by the end of the ongoing fiscal,

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