Public Sector Undertaking Psu
Business  /  Published 05.07.21

Nationalisation Act changes

The government is working on amendments to the General Insurance Business (Nationalisation) Act (GIBNA), which will faciliate the privatisation of a PSU general insurance company. The monsoon session ...
By PTI in New Delhi

Business  /  Published 12.05.21

Anchor investor sells stake in Yes Bank

An anchor investor in Yes Bank has sold a part of its equity stake in the bank. Bay Tree India Holdings has sold a little over 2 per cent stake in Yes Bank in open market transactions, trimming its s...
By Our Special Correspondent in Mumbai

Business  /  Published 25.02.21

All banks can handle pension

All private sector banks will be allowed to handle government-related banking transactions such as the collection of taxes, pension payments and small savings schemes, the finance ministry announced o...
By Our Special Correspondent in New Delhi

Business  /  Published 19.11.20

PSUs in fresh bidding for BPCL

The government is exploring various options in the BPCL stake sale exercise if no financial bids are received or if these are lower than the price that the government expects. Such a situation has ari...
By Our Special Correspondent in New Delhi

Business  /  Published 22.10.20

Cabinet call on privatisation of PSU

The cabinet is set to consider wide-ranging reforms of PSUs, while the government is looking to extend the production-linked incentive (PLI) scheme to 7-8 more sectors, department of economic affairs ...
By Our Special Correspondent in New Delhi


Business  /  Published 03.10.20

State-owned RailTel files for IPO

State-owned RailTel Corporation of India Ltd has filed draft papers with the Securities and Exchange Board of India (Sebi) for an initial public offering that will see the government raise Rs 700 cror...
By Our Special Correspondent in Mumbai

Business  /  Published 15.09.20

Centre: funds for PSU banks

The Modi-government on Monday sought Parliament approval for a Rs 20,000 crore bank recapitalisation programme for this fiscal but the out-of-budget proposal may not be enough given looming bad asset ...
By Our Bureau

Business  /  Published 02.08.20

New public sector policy soon

The government will soon come out with a new public sector enterprises policy that will define the strategic sectors which will not have more than four PSUs, finance minister Nirmala Sitharaman said o...
By Our Special Correspondent in New Delhi

West Bengal  /  Published 11.07.19

Unity against privatisation

The Trinamul Congress is planning to take an all-party delegation to Delhi to protest against the Centre’s decision to privatise 46 central public sector undertakings (PSUs), including 10 in Bengal....
By A Staff Reporter in Calcutta

Business  /  Published 26.05.19

Financial stocks ETF on way

An exchange traded fund comprising banks and insurance PSUs is on the finance ministry’s menu, bouyed by the success of its other ETFs. “We are toying with the idea of combining some state-owned b...
By R. Suryamurthy in New Delhi


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