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Finance Ministry

09 Apr 2018

Finmin may write to Sebi for relaxing minimum public float norms for PSUs

There are over a dozen public sector units (PSUs), including those up for strategic sale, which are yet to meet the minimum public holding norm -- the deadline for which ends in August.

Getting It Right

29 Jun 2018

Wedded to Socialism, Congress has learnt nothing and forgotten nothing

The recent Congress plenary session has showed that the Congress still wants to undo the liberalisation that its own government started in 1991.

19 Sep 2017

Split of Chairman, MD posts at listed firms: PSUs may be first

Sebi had set up the 21-member panel in June this year to advise it on issues relating to corporate governance.

national insurance company

17 Sep 2017

National Insurance expects up to Rs 5,000 cr from IPO

Non-life PSU insurer National Insurance Company (NIC) is expecting to receive between Rs 4,000 crore and Rs 5,000 crore from the proceeds of its planned public offer, industry sources said.

State-owned companies

21 Oct 2016

Government set revive strategic stake sale in PSUs; Cabinet decision shortly

After 12-year hiatus, government is set to revive strategic sale of state-owned companies with the Cabinet likely to consider shortly the outright sale of stake in over a dozen PSUs including the profit making ones.

ICICI Securities

04 Sep 2016

Overseas roadshows for NMDC share sale begin on Monday

Government will kickstart overseas roadshows from Monday to gauge investor appetite for the Rs 4,000 crore NMDC stake sale.

23 Jul 2016

SCOPE for accountability check of NGOs getting funds from PSUs

SCOPE, apex body for central public sector enterprises, on Saturday "strongly" advocated accountability check of NGOs that are getting funds from PSUs for activities related to corporate social responsibility.

11 Aug 2015

PSU stocks may gain 30% if Modi follows Gujarat model: Morgan Stanley

Stocks of public units (PSUs) could be "surprising winners" in three to five years if the Modi government implements structural reforms in state-run companies like he did when he was Gujarat chief minister, according to a report released here today.

public sector units

29 Nov 2014

PSUs may have to buy 20% of requirements from MSMEs

Mishra also said that definition of MSME -- in terms of turn-over -- would be amended under a new policy that was in the offing.

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