public sector enterprises
Focused on reducing non-viable PSUs, says Secretary DPE
Secretary in the DPE Seema Bahuguna said it is imperative for CPSEs now to reinvent themselves and become competitive.
Govt plans to end anti-competitive, complex cross-holding in oil PSUs
Government divests its stake by taking the entire proceeds from sale of shares cross held by oil PSUs.
Govt clears new norms for time-bound closure of sick PSUs
The new norms will replace the guidelines issued by the Department of Public Enterprises in September, 2016.
Govt expects lower dividend proceeds from PSUs in FY19
As per Budget estimate for 2017-18, the govt expected Rs 67,529.24 crore from central PSUs.
Ensure operational autonomy of PSEs: Sebi panel
Government should establish a transparent mandate for PSEs and disclose their objectives and obligations.
'NITI preparing cabinet note for closure of 7 more sick CPSEs'
NITI Aayog has also identified five CPSEs which can neither be revived nor sold, for liquidation.
Air India, BSNL among 43 CPSEs making losses for 3 years
Major reasons for losses include resource crunch, low capacity utilisation, oil plant and machinery among others.