Close 33 non-working PSUs: CAG tells Bihar

The Comptroller and Auditor General (CAG) has recommended 33 non-working public sector units (PSUs) in Bihar be closed down in view of their increasing liability on the state government.

Toilets for women: Govt to rope in PSUs

As part of efforts to ensure safety of women, public sector units (PSUs) are being roped in to build toilets, a priority area for NDA government, Minister for Women and Child Development Maneka Gandhi has said.

CBI finds criminality in LTC scam; FIR soon

CBI has found prima facie "criminality" in an alleged cheating case involving senior officials of Rajya Sabha Secretariat and some PSUs in claiming Leave Travel Concessions.

CBI to probe fake LTC claims racket involving govt, PSUs

A widespread racket in fake LTC claims allegedly made by central government and public sector employees for travel on state-run Air India is being probed by CBI.

Govt seeks nominations for vigilance officers in PSUs

The Centre has sought nominations for vigilance officers in Central Government run Public Sector Undertakings (PSUs).

68 to get PM`s Shram Awards

68 workers employed in PSUs as well as in private sector units have been nominated for the `Prime Minister’s Shram Awards` for 2011.

JKNPP demands abolition of Upper House in J&K

The Jammu and Kashmir National Panthers Party (JKNPP) on Monday called for abolishing the Legislative Council in the state.

Implement minorities` sub-quota: Govt to PSUs

The government today directed the
PSUs to ensure that its decision to carve out 4.5 per cent
sub-quota for minorities out of 27 per cent for OBCs, is
implemented in all recruitments from January 1, this year.

Antony for PSUs to invest more time, money in R&D

India is looking to spend over USD 100 billion on defence
procurements in next five to ten years.

J&K govt employees begin 2-day strike

There are over 4.5 lakh government employees apart from employees of various corporations, PSUs and autonomous bodies in Jammu and Kashmir.

Retail investor still waiting for bigger PSU share

Corporate India has done better in offering a higher share to retail investor.

PSUs get free hand in pursuing cases against govt

The Supreme Court has given state-run enterprises a free hand to pursue litigation against the government without taking approval from a Committee on Disputes.

Orissa detects two PSUs among 13 illegal miners

Orissa government has unearthed evidence that two state-run PSUs are among 13 mine lessees indulging in illegal mining.

PSUs may come under Corporate Affairs Ministry`

Salman Khurshid has said that his ministry is likely to take charge of DPE in a bid to improve standards of corporate governance in govt-owned cos.

NTPC first among 4 PSUs lined up for FPOs this fiscal

Starting with power producer NTPC`s FPO by early next month, four public offers of state-run companies are likely to hit the markets this fiscal which will fetch the government around Rs 30,000 crore.

Government to sell stakes in 60 PSUs

Finance Ministry is in talks with other ministries for selling stakes in around 60 PSUs in coming years, including miner Hindustan
Copper Ltd, a senior official told a news agency on Thursday.

Maharatna status for top PSUs likely in a month

The govt is considering a proposal to elevate some Navratna PSUs to Maharatna companies to allow them more freedom regarding investment, Bhaskar Chatterjee, secretary of the Union govt`s department of public enterprises said.

18 public sector banks seek capital infusion from govt

Almost all the nationalised banks are seeking fresh infusion of funds by the government to enhance their capacity to lend and maintain healthy solvency ratio, an indicator of bank`s ability to meet the long-term debt requirement.