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Central Public Sector Enterprises

Government to receive Rs 1.02 lakh crore as dividend from RBI, PSBs in FY25

Government to receive Rs 1.02 lakh crore as dividend from RBI, PS...

Thu, Feb 01, 2024

The higher dividend from banks and financial institutions, apart from improvement in tax mobilisation, would help achieve a fiscal deficit glide path.

CPSEs under strategic sale asked to immediately prepare list of non-core assets

CPSEs under strategic sale asked to immediately prepare list of n...

Sun, Apr 21, 2019

The Finance Ministry has asked CPSEs identified for strategic sale to immediately prepare a list of assets and initiate dialogue with potential investors and bidders so that their non-core assets can be monetised quickly.

Govt gets Rs 17,000 cr from CPSE ETF follow-on offer

Govt gets Rs 17,000 cr from CPSE ETF follow-on offer

Fri, Nov 30, 2018

The government has garnered more than Rs 17,000 crore from the CPSE ETF follow-on offer, the biggest-ever fundraising from an exchange-traded fund domestically.

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CPSE ETF's 4th tranche to be available on BSE online platform from next wk

CPSE ETF's 4th tranche to be available on BSE online platfor...

Fri, Nov 23, 2018

Leading stock exchange BSE has said subscriptions for the fourth tranche of CPSE ETFs will commence from next week on its Internet-based book building system (iBBS) platform, an online mechanism for investment.

Government set to sale assets of these 9 Central Public Sector Enterprises: Details here

Government set to sale assets of these 9 Central Public Sector En...

Sun, Sep 23, 2018

The government has identified huge tract of land and other assets of some Central Public Sector Enterprises (CPSEs) which will be hived off before the select state-owned companies are put on the block for strategic sale.

PFRDA introduces new measures for CPSE employees in National Pension System

PFRDA introduces new measures for CPSE employees in National Pens...

Tue, Oct 10, 2017

NPS is a pension scheme regulated by the central government. This scheme mandatorily available for government employees and also open to Indian citizen on volantary basis.

GST revenue likely to surge in coming months: FM Jaitley

GST revenue likely to surge in coming months: FM Jaitley

Thu, Sep 28, 2017

Finance Minister Arun Jaitley today said the Goods and Services Tax (GST) collections in the first two months have met the target and going forward the revenue will see further surge.

Arun Jaitley asks public sector companies to boost capital expenditure for economy's sake

Arun Jaitley asks public sector companies to boost capital expend...

Thu, Sep 28, 2017

Senior secretaries apprised the Finance Minister that their capital expenditure programme for the current year are completely on track for achieving the capital expenditure of Rs 3.85 lakh crore budgeted in 2017-18.

3rd Pay Commission: CPSE employees get 15% salary hike

3rd Pay Commission: CPSE employees get 15% salary hike

Thu, Jul 20, 2017

Central Public Sector Enterprises (CPSE) employees will be getting a 15% hike in salaries after the Union Cabinet approved recommendations of the 3rd Pay Commission.

Government may soon divest 10% stake in Coal India

Government may soon divest 10% stake in Coal India

Mon, Feb 13, 2017

If it sells the stake to trim its holding to 69%, it could raise up to Rs 20,000 crore, a report by the Economic Times said. "...a move that will help it earn about Rs 20,000 crore at today’s prices and reduce its stake to 69%," it noted.

Government's CPSE ETF receives bids of approximately Rs 12,000 crore

Government's CPSE ETF receives bids of approximately Rs 12,0...

Fri, Jan 20, 2017

The further fund offer (FFO) of CPSE has received bids of approximately Rs 12,000 crore over two and half times the base issue size of Rs 4,500 crore.

Govt to open follow on offer of CPSE ETF on Jan 17; aims to fetch Rs 6000 crore

Govt to open follow on offer of CPSE ETF on Jan 17; aims to fetch...

Tue, Jan 10, 2017

CPSE ETF was launched in March 2014 comprising 10 PSUs.

Nearly Rs 23,600 raised via disinvestment this year so far, govt says

Nearly Rs 23,600 raised via disinvestment this year so far, govt...

Tue, Jan 03, 2017

The total realization of Rs 21,432.38 crore, by end-November 2016 through CPSEs’ disinvestment receipts.

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