Search For "public sector"
Cabinet approves strategic disinvestment of BPCL, SCI, 3 other CPSEs
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 21 (ANI): In a major decision, the Cabinet Committee on Economic Affairs (CCEA) accorded 'in-principle' approval for strategic disinvestment in five central public-sector enterprises (CPSEs) -- Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India, Con
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Cabinet approves reduction of govt's equity in select CPSEs below 51%, whi
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 21 (ANI): The Cabinet Committee on Economic Affairs accorded 'in-principle' approval for enabling reduction of central government's paid-up share capital below 51 per cent in select CPSEs, while retaining the management and control on case-to-case basis, taking into
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Centre informs parliament about infusion of capital to PSBs
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 19 (ANI): In addition to capital infused earlier by the Government, provision of Rs 70,000 crore has been made for infusion of capital by the Government in banks in the Budget for the current Financial Year to boost credit for impetus to the economy, the Finance Min
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In-principle approval for strategic disinvestment in 28 CPSEs: Anurag Thak
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 18 (ANI): Air India and Pawan Hans Ltd are among 28 central public sector enterprises (CPSEs), which have been approved 'in principle' for strategic disinvestment by the Cabinet Committee on Economic Affairs (CCEA), Minister of State for Finance and Corporate Affair
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NBCC submits revised bid for crisis-hit Jaypee Infratech
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 18 (ANI): Public sector construction major NBCC India Ltd said on Monday it has submitted a resolution plan for debt-laden Jaypee Infratech Ltd with respect to the latter's corporate insolvency resolution process.
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Equity indices close the week with marginal gains, Vodafone Idea up 25 pc
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 15 (ANI): The last trading hour on Friday wiped out early intraday gains but equity parameters closed in the green with marginal gains led by a rally in shares of public sector banks.
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BHEL Q2 profit slumps by 36 pc on faltering revenue from operations
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 13 (ANI): Public sector engineering major Bharat Heavy Electricals Ltd (BHEL) on Wednesday reported a 36 per cent year-on-year decline in its net profit at Rs 119 crore for the quarter ended September.
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BEL pays Rs 231.69 crore final dividend to Govt for FY 2018-19
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 24 (ANI): Defence Public Sector Undertaking Bharat Electronics Limited (BEL) on Thursday paid a dividend amounting to Rs 236.19 crore to the Government of India for the financial year 2018-19.
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India's banking crisis frightening, need to reduce government's equity sha
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 22 (ANI): Nobel laureate Prof Abhijit Banerjee on Tuesday termed the banking crisis in India as frightening and stressed the need for reducing the government's equity share in public sector banks (PSBs) below 50 per cent.
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Strike in public sector banks on Tuesday to paralyse operations
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 21 (ANI): Public sector banking operations are likely to be hit on Tuesday due to a day-long strike called by the All India Bank Employees' Association and the Bank Employees Federation of India.
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All-India bank strike on Oct 22 against merger of PSBs
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 20 (ANI): All India Bank Employees Association (AIBEA) and Bank Employees Federation of India (BEFI) have called for a strike across the country on October 22 to stage a protest against the mergers of 10 public sector banks (PSBs).
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Hyderabad: BHEL employee commits suicide, accuses senior, colleagues of 'h
Updated : 6 years, 5 months ago IST
Hyderabad (Telangana) [India], Oct 18 (ANI): A 33-year-old woman employee working with a leading Public Sector Unit (PSU) has allegedly committed suicide over "mental harassment" by her senior and colleagues, police said.
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