Central Public Sector Enterprises

Cabinet nod to CPSEs negotiating wage revision

Cabinet nod to CPSEs negotiating wage revision

The 320 CPSEs actually have about 12.34 lakh employees, but out of these, about 2.99 lakh are Board-level and below Board-level executives and non-unionized supervisors.

Nov 22, 2017, 21:50 PM IST
92 non-official directors appointed in various central PSUs

92 non-official directors appointed in various central PSUs

Vinay Sheel Oberoi and J M Shanti Sundharam, a retired officer of Indian Revenue Service (Customs and Central Excise), have been appointed on the board of Bharat Petroleum Corporation Ltd (BPCL), it said.

Sep 05, 2017, 17:26 PM IST
CPSEs' land likely to be used for affordable housing

CPSEs' land likely to be used for affordable housing

The government aims to provide shelter for economically weaker sections under the affordable housing scheme by 2022.

Aug 28, 2017, 18:01 PM IST
'Strategic divestment in Public Sector Undertakings within 6 months'

'Strategic divestment in Public Sector Undertakings within 6 months'

 Government is expected to go ahead with the strategic divestment in public sector units (PSUs) within the next six months besides closing down sick firms that are beyond revival, NITI Aayog Vice Chairman Arvind Panagariya said.

Jul 08, 2016, 14:51 PM IST
Govt notifies norms to hire private sector professionals in CPSEs

Govt notifies norms to hire private sector professionals in CPSEs

 The Centre has notified new rules to allow hiring of private sector professionals in senior positions at Central Public Sector Enterprises (CPSEs), after amending a nearly three decade-old resolution.

Jun 12, 2016, 11:13 AM IST
CPSEs must take steps to unlock surplus resources to boost job creation: President

CPSEs must take steps to unlock surplus resources to boost job creation: President

Mukherjee highlighted the significant role played by central public sector enterprises (CPSEs) in the country's development and noted that long-term growth prospects of the Indian economy continue to be positive.

Apr 12, 2016, 01:00 AM IST

Govt to go ahead with PSU disinvestment as planned: Jaitley

Notwithstanding the slide in stock market, Finance Minister Arun Jaitley on Thursday said government's disinvestment programme will continue as planned.

Jun 04, 2015, 18:49 PM IST

Minister nod mandatory for CVOs tenure extension in CPSEs

The tenure of anti-corruption officials working in Central Public Sector Enterprises (CPSEs) cannot be extended without the mandatory nod from the minister concerned, the Centre has said.

May 17, 2015, 09:34 AM IST

Don't give additional work to anti-graft officials: Govt to depts

Intensifying its anti-corruption drive, the government has asked all departments under it not to give additional charge of any Central Public Sector Enterprises to Chief Vigilance Officers (CVOs), mandated to check corruption.

Feb 04, 2015, 17:58 PM IST

Govt nod for Rs 288-cr payment to staff of 11 ailing CPSEs

The government on Wednesday approved Rs 287.67 crore for payment of statutory dues and salary among others to employees of eleven loss-making central public sector enterprises including Hindustan Cables, HMT Machine Tools and Nagaland Pulp and Paper Co.

Sep 10, 2014, 22:26 PM IST

CPSE ETF to reopen for investors next month

An ETF is a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange.

Mar 23, 2014, 12:23 PM IST

CPSE ETF draws Rs 850 cr bids from anchor investors on 1st day

Anchor investors put in bids worth about Rs 850 crore in the CPSE Exchange Traded Fund (ETF) that was launched Tuesday to help the government meet its disinvestment target.

Mar 18, 2014, 21:29 PM IST

Several CPSEs seek fixed three-year tenure for serving CMDs

"There is a demand from certain Public Sector Units (PSUs) that the serving Chairman-and-Managing Directors should also get three-year extension," an official said.

Sep 08, 2013, 11:35 AM IST

43 CPSEs incurring losses for 3 years: Patel

As many as 43 Central Public Sector Enterprises (CPSEs) including Air India, MTNL, BSNL and HMT Ltd have been incurring losses for the last three years, Parliament was informed today.

Aug 29, 2013, 17:42 PM IST

Employees of 10 sick PSUs to get six months’ salary till March

The revival/closure plans of Hindustan Cables Limited, Triveni Structurals, HMT (Watches), HMT (Chinar Watches) and Hindustan Photo Films Limited are yet to be finalised, it said.

Aug 13, 2013, 23:56 PM IST

Govt plans CPSE-ETF by Oct-Nov: Divestment Secy

The proposed CPSE-ETF (Central public sector enterprises-exchange traded fund) is likely to be launched by October-November, Disinvestment Secretary Ravi Mathur said here Saturday.

Jun 29, 2013, 20:01 PM IST

Govt should set time-frame for revival of sick units: Panel

A Parliamentary panel today asked the government to set time-frame for revival of sick Central Public Sector Enterprises (CPSEs).

May 08, 2013, 20:30 PM IST

Top positions in 29 CPSEs lying vacant: Patel

Posts of Chairman-cum-Managing Director/Managing Director are lying vacant in 29 Central Public Sector Enterprises (CPSEs), including MMTC and NHPC, Parliament was informed Thursday.

Mar 21, 2013, 18:10 PM IST

Fear psychosis leading to risk aversion in PSUs: Panel

Noting that a "fear psychosis" is leading to risk aversion in PSUs and restraining performance, a committee has said that there is a need to create an independent panel, within the CVC, which can be consulted for prior advice in certain matters.

Mar 10, 2013, 18:41 PM IST

30 CPSEs set up in last 3 years: Patel

As many as 30 Central Public Sector Enterprises (CPSEs) such as Mahanadi Basin Power and NMDC Power have been set up in the last three years, Parliament was informed Thursday.

Mar 07, 2013, 17:38 PM IST