Search For "public sector"
Cabinet approves capital infusion in three public sector general insurance
Updated : 5 years, 8 months ago IST
New Delhi [India], July 9 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the capital infusion for an overall value of Rs 12,450 crore; (including Rs 2,500 crore infused in FY 2019-20) in the three Public Sector General Insurance Companies (PSGICs).
Read More
Cabinet approves capital infusion of Rs 12,450 crore in three public secto
Updated : 5 years, 8 months ago IST
New Delhi [India], July 8 (ANI): The Union Cabinet on Wednesday approved capital infusion of Rs 12,450 crore in three public sector general insurance companies.
Read More
Unshackle public sector from bureaucratic and political control: Study
Updated : 5 years, 8 months ago IST
New Delhi [India], July 8 (ANI): Public sector undertakings (PSUs) have the capability to revive the COVID-19 affected economy and drive the country towards growth and development, according to a new study.
Read More
Sitharaman interacts with heads of 23 CPSEs, emphasises timely capital exp
Updated : 5 years, 8 months ago IST
New Delhi [India], July 7 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday held a meeting with secretaries and CMDs of 23 Central Public Sector Enterprises (CPSEs) to review the capital expenditure in this financial year.
Read More
Maharashtra requests Railways to allow travel via locals trains for bank,
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 30 (ANI): The Maharashtra government has requested the Railways to allow employees of various central government offices/establishments, high courts and public sector banks to travel by local trains.
Read More
IDBI Bank to fetch Rs 595 crore by divesting 27 pc stake in IFLI
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 27 (ANI): The board of directors at IDBI Bank has approved a plan to offload 27 per cent stake in IDBI Federal Life Insurance (IFLI) at a combined value of Rs 595 crore, the public sector lender said on Saturday.
Read More
Indian Bank Q4 net loss widens to Rs 218 crore
Updated : 5 years, 9 months ago IST
Chennai (Tamil Nadu) [India], June 23 (ANI): Public sector Indian Bank said on Tuesday its net loss for the January to March quarter expanded to Rs 218 crore from Rs 190 crore in Q4 FY19.
Read More
BHEL reports net loss of Rs 1,532 crore, total income plunges on Covid-19
Updated : 5 years, 9 months ago IST
New Delhi [India], June 13 (ANI): Public sector engineering major Bharat Heavy Electricals Ltd (BHEL) on Saturday posted a net loss of Rs 1,534 crore in the quarter ended March compared to a net profit of Rs 676 crore in Q4 FY19.
Read More
Public sector banks sanction loans worth Rs 10,361.75 cr under ECLGS
Updated : 5 years, 9 months ago IST
New Delhi [India], June 3 (ANI): Public sector banks have sanctioned loans worth Rs 10,361.75 crore under the 100 per cent Emergency Credit Line Guarantee Scheme, said Finance Minister Nirmala Sitharaman's office on Wednesday.
Read More
Rashtriya Chemicals and Fertilisers posts Q4 profit of Rs 142 crore
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 30 (ANI): Mini-ratna public sector undertaking Rashtriya Chemicals and Fertilisers Ltd on Saturday reported a standalone profit after tax of Rs 142 crore in the March quarter, marking an increase of 193 per cent from Rs 48 crore in the previous year.
Read More
Canara Bank launches gold loan business vertical to ease liquidity
Updated : 5 years, 10 months ago IST
New Delhi [India], May 18 (ANI): Public sector Canara Bank said on Monday it has launched a business vertical dedicated for gold loans to meet emerging financial needs of customers in view of the current challenges and uncertainties.
Read More
IBC extension, reforms, focus on rural economy among laudable features of
Updated : 5 years, 10 months ago IST
New Delhi [India], May 17 (ANI): Describing emergent measures like one-year abeyance for the insolvency proceedings under Insolvency and Bankruptcy Code (IBC) and further reducing company law compliance burden as a hallmark of an agile and responsive government, the ASSOCHAM today said the P
Read More