Search For "public sector"
LIC offers to buy 51% stake in IDBI
Updated : 7 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 17 (ANI): The Industrial Development Bank of India (IDBI) on Monday received an offer from the Life Insurance Corporation of India (LIC) seeking to buy a 51 percent controlling stake in the public sector bank.
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Microsoft builds momentum for cloud services in the Public Sector
Updated : 7 years, 9 months ago IST
New Delhi [India], June 28 (ANI): As a part of its longstanding commitment towards India's growth, Microsoft is partnering with the public sector in the country in its digital transformation journey. Over 100 government departments across India have adopted MSFT cloud in the past 12 months
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Cabinet approves hike in ex-mill ethanol prices
Updated : 2 years, 5 months ago IST
New Delhi [India], June 27 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday has approved to increase the ex-mill price of ethanol used in Public Sector Oil Marketing Companies (OMCs) to Rs 43.70 per litre. The ethanol derived out of C Heavy molasses now cost Rs, 40.85 per
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Can't do anything if politically-motivated factors interfere: Mallya
Updated : 7 years, 9 months ago IST
New Delhi [India], June 27 (ANI): Liquor baron Vijay Mallya on Wednesday reiterated that is making every effort, in good faith to settle dues with the banks, but if politically-motivated factors interfere, there is nothing he can do.
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Parliamentary panel meets heads of 11 PSU banks
Updated : 7 years, 9 months ago IST
New Delhi [India], June 26 (ANI): The Parliamentary Standing Committee on Tuesday met 11 Public Sector Undertaking (PSU) bank heads to submit a report in Monsoon session of Parliament, as per sources.
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Dedicated team to assess credit flow to MSMEs: Goyal
Updated : 7 years, 9 months ago IST
New Delhi [India], June 19 (ANI): Union Finance Minister Piyush Goyal on Friday said a dedicated team of officers will discuss aspects related to credit flow to the micro, small and medium enterprises (MSMEs) sector, which is a major focus of the banking system and economy.
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India, Russia collaborate to create common engineering facility center
Updated : 7 years, 9 months ago IST
Ranchi (Jharkhand) [India], June 6 (ANI): The Jharkhand-based Common Engineering Facility center, a joint collaboration of Indian public sector undertaking named 'Heavy Engineering Corporation Limited' and Russian-based Atomenergomash's subsidiary JSC RPA "CNIITMASH" has started functioning
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Cabinet approves revised norms for time-bound closure of CPSEs
Updated : 7 years, 9 months ago IST
New Delhi [India] Jun 6(ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the revised guidelines of the Department of Public Enterprises (DPE) on the time-bound closure of loss-making Central Public Sector Enterprises (CPSEs) and disposal of movable and im
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Pak SC summons Shehbaz Sharif in corruption case
Updated : 7 years, 9 months ago IST
Lahore [Pakistan], June 3 (ANI): Pakistan's Supreme Court on Sunday summoned former chief minister of the country's Punjab province Shehbaz Sharif in connection with the case pertaining to corruption in 56 public sector companies.
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Common man faces heat of banks' strike
Updated : 7 years, 10 months ago IST
New Delhi [India], May 30 (ANI): The two-day nationwide strike called by the public sector employees over wage revision has caused disruption in ATM service and also left the public in distress.
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Two-day bank strike from today, salary withdrawal, ATM transactions may ta
Updated : 7 years, 10 months ago IST
New Delhi [India], May 30 (ANI): Disrupting transactions across the country employees of public sector banks will go on a two-day nationwide strike starting today.
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SBI says Aye once again, extends over Rs 30 Cr in debt to MSME lender
Updated : 7 years, 10 months ago IST
New Delhi [India], May 14 (ANI): Leading fintech lender to the MSMEs, Aye Finance, has raised over Rs. 30 crore from the State Bank of India (SBI), the largest Public Sector Undertaking (PSU) bank in India.
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