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India PSUs

S&P foresees 'credit risks' for PSUs supporting govt exchequer via share buybacks

10 public sector undertakings have announced or executed buybacks for a cumulative amount of Rs 15,000 crore.

Jan 29, 2019, 16:54 PM IST

Parliamentary panel wants Niti Aayog to formulate policy on PSUs' financial health

The committee observed that Air India functioned under a large debt burden, which became unmanageable and increased to gigantic proportions year after year.

Dec 21, 2018, 11:51 AM IST

Modi should go for quick disinvestment

Having received a decisive mandate, the world expects Modi to shun singles and doubles to focus on some lusty big hits!

May 27, 2014, 20:25 PM IST

India may squeeze PSUs for cash as asset sales falter

India`s plan to raise about USD 9 billion from state-asset sales this year is in tatters, prompting the government to consider demanding state-run firms pay higher dividends as a way of papering over cracks in its budget.

Oct 15, 2013, 15:31 PM IST

Indian public sector inefficient, impotent: Chinese daily

India is plagued by its "inefficient and impotent public sector", said a state-run Chinese daily, which added that successful Indian software and banking industries "contribute little to the employment and income growth of the overall economy".

Oct 11, 2012, 18:36 PM IST

DPE asks administrative ministries to review Miniratna tag

The Department of Public Enterprises has asked 25 administrative ministries of central PSUs to ensure that Miniratna units under their control continue to fulfill the criteria for the status.

Aug 30, 2012, 18:52 PM IST

Rs 4575 crore plan to revive five PSUs

Plans to nurse back five PSUs at a total investment of Rs 4,575 crore are under active consideration of the government which will also revive Lucknow-based Scooters India without inducting any strategic partner.

Jul 10, 2012, 20:04 PM IST

Govt considering policy to source PSU needs from MSEs

A policy proposal to make it mandatory for the government departments and PSUs to source 20 percent of their total procurement needs from small and micro units is under consideration of the government, Parliament was informed today.

Aug 18, 2011, 19:45 PM IST