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Public Sector Undertakings News
Public Sector Undertakings
As investors lose their wealth, this is what govt should do
Tue, Oct 02, 2018
About 100 public sector undertakings (PSUs) saw their collective market caps falling maximum by 21% from about Rs 25 lakh crore as on January 23, 2018, to Rs 19.82 lakh crore on last Friday.
Exclusive: India seeks hefty dividends from state firms as its revenues falter
Mon, Nov 13, 2017
The demand has been made following a finance ministry assessment on Oct. 25 of the financial health of 14 state companies, including top miner NMDC Ltd and trading firm MMTC Ltd, according to a government document reviewed by Reuters.
Government is planning to ease procedure of availing loans for MSMEs: Sources
Sat, Oct 28, 2017
Post recapitalisation of the PSU banks, the union government is planning to ease the procedure of availing loans for Ministry of Micro, Small and Medium Enterprises (MSMEs), a source aware of the development has told this to Zee Business.
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.
FinMin writes to heads of PSU banks on consolidation
Sun, Sep 03, 2017
The finance ministry has written letters to all heads of PSU lenders informing them the government's decision to set up a ministerial panel to facilitate consolidation in the public banking space.
7th Pay Commission: Find out your salary according to Pay matrix for PSU employees
Sun, Aug 06, 2017
Ministry of Personnel in a notification said that post 7th Pay Commission implementation, the grade pays have been replaced by pay matrix for PSU employees.