DoD for ESOPs as variable pay in PSUs to raise retail holding

Last Updated: Monday, September 7, 2015, 16:11

PRP is a variable component of the remuneration paid to the executives of CPSEs.

Assocham advises central trade unions to call off strike

Last Updated: Thursday, September 3, 2015, 13:16

The apex body Assocham estimated a hefty loss of about 25,000 crore due to the ongoing strike by the central trade unions.

Bharat Bandh: Strike affects clearing business at banks

Last Updated: Wednesday, September 2, 2015, 12:44

Normal working at banks was affected on Wednesday due to a nationwide strike called by 10 central trade unions, although the staff of SBI, IOB, ICICI Bank, HDFC Bank and Axis Bank stayed away from the agitation.

Reasons behind Sept 2 Bharat Bandh

Last Updated: Tuesday, September 1, 2015, 17:14

Essential services are likely to be impacted tomorrow with 10 central trade unions going ahead with one-day nationwide strike to protest against changes in labour laws.

Profit making PSUs may be asked to submit IPO plans to govt

Last Updated: Sunday, August 9, 2015, 11:58

Profit-making unlisted PSUs and their subsidiaries may have to submit listing plans while signing annual performance pacts with the government, a move aimed at helping the Centre garner resources and unlocking the value of many state-owned firms.

Over Rs 40K crore revival package to nurse 46 ailing PSUs: Govt

Last Updated: Friday, July 31, 2015, 20:16

The government has approved Rs 40,885 crore revival package for 46 ailing PSUs, including National Jute Manufacturers Corporation, HMT Ltd, Cement Corporation of India, Konkan Railway Corporation, ITI Ltd and Bharat Coking Coal, Parliament was informed today.

Govt mulls entity to revive sick units using CPSEs' extra cash

Last Updated: Sunday, July 26, 2015, 10:38

The funds may be used for purposes like reviving sick PSUs and investment in infrastructure projects. There are 70 ailing PSUs and the government believes 43 out of these can be revived.

Completion of disinvestment in 10 PSUs to depend on market: Govt

Last Updated: Sunday, July 19, 2015, 12:16

"The market and other related conditions will determine transaction completion time," DoD has told the merchant bankers to their query whether all the transactions would be completed in three years.

BSE lays down new norms for bidding in OFS segment

Last Updated: Friday, July 3, 2015, 16:16

Leading stock exchange BSE has issued a new set of guidelines for bidding in the Offer for Sale segment, that requires companies to disclose their OFS plans two banking days in advance.

Tomar directs RINL to check cost over runs, delay in expansion

Last Updated: Tuesday, June 23, 2015, 18:23

"While reviewing the progress of modernisation and expansion, the Minister expressed concern over time and cost over runs and advised to conduct root cause analysis so that lapse, lack of foresight and other reasons could be pinpointed for avoidance in future," the statement added.

ITDC appoints Umang Narula as CMD

Last Updated: Friday, June 12, 2015, 18:56

Narula has succeeded Girish Shankar, Additional Secretary, Ministry of Tourism, who also held additional charge as ITDC's Managing Director, according to release issued here.