Search For "public sector"
Rs 1.05 lakh crore disinvestment target for 2019-20; AI's disinvestment to
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): Finance Minister Nirmala Sitharaman on Friday said that the Central government has set to generate Rs 1.05 lakh crore through disinvestment of public sector undertakings during the current financial year - 2019-20.
Read More
Union Budget earmarks Rs 70,000 crore for public sector banks
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): Finance Minister Nirmala Sitharaman on Friday announced that Rs 70,000 crore would be given to the public sector banks to boost their capital and credit capacity.
Read More
New Space India Limited incorporated to tap benefits of ISRO: Sitharaman
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): A new public sector enterprise, New Space India Limited (NSIL), has been incorporated to tap benefits of the Indian Space Research Organisation (ISRO), said Union Minister Nirmala Sitharaman while presenting her maiden Budget in the Lok Sabha on Friday. Read More
Bahrain and UK first in the world to pilot new Artificial Intelligence pro
Updated : 6 years, 8 months ago IST
Dalian [China] July 04 (ANI/NewsVoir): Bahrain has announced it will pilot new guidelines for the procurement of Artificial Intelligence in the public sector, produced by the World Economic Forum (WEF) Centre for the Fourth Industrial Revolution.
Read More
RBI imposes penalty on four banks for non-compliance of KYC/AML rules
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 3 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 1.75 crore on four public sector banks for non-compliance with KYC requirement and norms for opening of current accounts.
Read More
19 sick CPSEs set to be closed
Updated : 6 years, 8 months ago IST
New Delhi [India], July 2 (ANI): The government has approved the closure of 19 sick and loss-making Central Public Sector Enterprises (CPSEs) or units of CPSEs, the Lok Sabha was informed on Tuesday.
Read More
Housing loans insurance has been launched: Sitharaman
Updated : 6 years, 8 months ago IST
New Delhi [India], July 1 (ANI): The Insurance Regulatory and Development Authority of India (IRDAI) has informed that the public sector insurer -- LIC of India -- and a few of the private sector insurers have launched housing loans insurance, the Lok Sabha was informed on Monday.
Read More
Asset monetisation of public sector enterprises process on, Lok Sabha info
Updated : 6 years, 8 months ago IST
New Delhi [India], July 1 (ANI): The Department of Investment and Public Asset Management (DIPAM) is working on restructuring and asset monetisation of public sector enterprises for better management and competitiveness in the present world, Finance and Corporate Affairs Minister Nirmala Sit
Read More
BJP govt helped private telecom firms at cost of PSUs: Congress
Updated : 6 years, 9 months ago IST
New Delhi [India], Jun 24 (ANI): Congress on Monday launched a scathing attack on the central government, accusing it of helping private telecom companies at the cost of public sector undertakings (PSUs).
Read More
Edelweiss, Bank of Baroda to co-lend to SMEs
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): ECL Finance, the flagship non-banking financial company of Edelweiss Group, and Bank of Baroda, India's second largest public sector bank, on Wednesday, signed an agreement to form a strategic partnership to explore co-lending opportunities.
Read More
CBI files fresh FIRs against fugitive diamantaire Jatin Mehta, nine premis
Updated : 6 years, 9 months ago IST
New Delhi [India], Jun 11 (ANI): The Central Bureau of Investigation (CBI) on Tuesday registered three fresh FIRs against absconding diamantaire Jatin Mehta and others, including a foreign national, in connection with an alleged loan fraud of over Rs 700 crore in two public sector banks.
Read More
BEL reports profit after tax of Rs 1,927 crore in FY 19
Updated : 6 years, 9 months ago IST
Bengaluru (Karnataka) [India], June 3 (ANI): Bharat Electronics Limited (BEL), a Navratna defence public sector undertaking, on Monday reported a profit after tax of Rs 1,927 crore on a turnover of Rs 11,789 crore during financial year 2018 -19.
Read More