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Adani Group mulling to bid for Sindri urea plant

Last Updated: Sunday, May 31, 2015, 11:55

Sindri plant assumes importance as there is no functional urea unit in the eastern India except two small units at Namrup in Assam.

NMDC Q4 profit declines 31% to Rs 1,347 cr on lower sales

Last Updated: Thursday, May 28, 2015, 17:00

NMDC stock fell by 0.45 percent to close at Rs 131.55 per share on the BSE.

BHEL Q4 net declines 52% at Rs 888.35 cr

Last Updated: Tuesday, May 26, 2015, 16:04

Shares of BHEL today rose 2.88 percent to settle at Rs 241 apiece at the BSE.

No difficulty in strategic sale of some PSUs: FM Jaitley

Last Updated: Thursday, May 14, 2015, 19:41

The government is looking at an outright sale of certain public sector undertakings through a strategic partner, Finance Minister Arun Jaitley said Thursday indicating the first such sale could of PSUs under the Tourism Ministry.

SEBI not to revisit 25% public holding shares norm in listed companies

Last Updated: Thursday, April 2, 2015, 00:06

The Securities and Exchange Board of India (SEBI) Chairman U K Sinha on Wednesday ruled out revisiting the existing norm for 25 percent public holding of shares in the listed companies, including the PSUs, and said that such a step will be a retrograde one.

20 Gujarat PSUs incurred losses of Rs 1,111.85 crore: CAG

Last Updated: Tuesday, March 31, 2015, 22:53

Twenty Gujarat state government-run public sector undertakings (PSUs) incurred losses of Rs 1,111.85 crore, according to a CAG report which was tabled in the Assembly on Tuesday.

Govt to allot coal mines to PSUs today

Last Updated: Tuesday, March 24, 2015, 11:44

After two rounds of auctioning of coal blocks for private companies, the government will today allot mines to central and state PSUs.

Slots of 'sacked' independent directors lie vacant at Oil PSUs

Last Updated: Monday, March 23, 2015, 16:09

Months after the BJP government sacked most of the independent directors at top oil PSUs, the boards of blue chip firms like ONGC and GAIL are functioning with most of those positions still lying vacant.

BHEL disinvestment likely in April; may fetch Rs 3,200 cr

Last Updated: Wednesday, March 18, 2015, 13:32

The government has firmed up a list of PSUs to be divested next fiscal, starting with BHEL in April, in a bid to meet the Rs 41,000 crore stake sale target for 2015-16.

Five sick PSUs to be shut, employees to get good VRS: Govt

Last Updated: Thursday, March 12, 2015, 17:44

Five sick PSUs will be shut down and the government will pay good VRS package to their employees, according to Heavy Industries Minister Anant Geete.

Govt starts evaluation of 43 mines to be alloted to PSUs

Last Updated: Wednesday, March 11, 2015, 22:21

The government has started the process of evaluating applications from state government companies and CPSUs like SAIL, NTPC and Neyveli Lignite for allotment of 43 mines.

Trade union leaders meet Jaitley

Last Updated: Sunday, January 18, 2015, 21:13

Trade union leaders Sunday met Finance Minister Arun Jaitley as part of their pre-budget consultation and asked the government not to dilute its stake in PSUs through disinvestment.