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Central Public Sector Enterprises News
Central Public Sector Enterprises
CPSEs under strategic sale asked to immediately prepare list of non-core assets
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
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.
CPSE ETF's 4th tranche to be available on BSE online platform from next wk
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
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
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
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
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
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
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
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
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
Tue, Jan 03, 2017
The total realization of Rs 21,432.38 crore, by end-November 2016 through CPSEs’ disinvestment receipts.