No plan to privatise Railways or Coal India,Jaitley assures unions

Last Updated: Saturday, January 17, 2015, 22:59

Trade union representative demanded that disinvestment in profit-making public sector units be stopped forthwith and budgetary support should be given for revival of potentially viable sick CPSUs.

Draft NOP: Govt proposes 30% local procurement for foreign cos

Last Updated: Monday, December 15, 2014, 21:48

Foreign companies selling goods worth over Rs 300 crore to government or PSUs would have to source part of their supplies from domestic manufacturers, according to the new draft National Offset Policy (NOP).

RBI issues norms for trading platform for MSME receivables

Last Updated: Wednesday, December 3, 2014, 20:57

To help MSMEs, RBI today permitted setting up of an exchange-based trading platform to facilitate financing of bills raised by such small entities to corporate and other buyers, including government departments and PSUs.

Govt unlikely to meet divestment target, to rely on dividends

Last Updated: Sunday, January 12, 2014, 15:25

The finance ministry has been holding meetings with heads of cash rich bluechip PSUs, including ONGC, Coal India and SAIL, to persuade them to pay higher dividends.

Govt seeks comments on draft bid on mines to be auctioned

Last Updated: Sunday, January 12, 2014, 12:13

The development comes in the backdrop of the government drawing flak from various quarters for irregularities in mines allocation.

Centre to make stand clear in SC on deallocation of coal block

Last Updated: Thursday, January 9, 2014, 21:13

The Centre on Thursday told the Supreme Court that it would make its stand clear next week on cancelling coal blocks allocation to private companies after 2005.

Govt sets up co-ordination panel to speed up coal projects

Last Updated: Monday, January 6, 2014, 23:08

The constitution of the Committee comes at a time when state-owned Coal India (CIL), which accounts for over 80 per cent of the domestic coal production, is awaiting environment and forestry clearances pertaining to its 241 projects.

11 sick PSUs gets Rs 116 cr for payment of wages, other dues

Last Updated: Thursday, December 26, 2013, 14:34

The government on Thursday provided Rs 116.86 crore to eleven sick public sector units (PSUs) including HMT Machine Tools towards payment of wages and other dues.

Oil PSUs buying some US dollar requirements from SBI

Last Updated: Friday, November 8, 2013, 21:46

"We (oil PSUs) are buying some dollars from SBI," IOC Director (Finance) P K Goyal told reporters here.

Ask PSUs to ink pacts with Centre for mines: CoalMin to States

Last Updated: Friday, November 8, 2013, 14:12

The Coal Ministry has asked states like Jharkhand, Madhya Pradesh and Chhattisgarh to advise the PSUs which have been allocated coal blocks earmarked for mining to enter into pacts with the Centre.

Divesting 51% in PSUs can change face of India: Vedanta Chief

Last Updated: Tuesday, November 5, 2013, 19:38

Pitching for 51 percent stake sale in PSUs, metal and mining conglomerate Vedanta Resources chief Anil Agarwal has said this can change the face of modern India by creating more jobs and bringing in prosperity.