Finance Ministry to seek Cabinet nod for setting up firm to monetise CPSE-owned lands
The finance ministry will soon move the Cabinet to seek approval for setting up a company for transfer and subsequent monetisation of land and non-core assets of privatisation-bound CPSEs.
Oct 17, 2021, 15:01 PM IST
FM Nirmala Sitharaman holds 4th review meeting on CAPEX of CPSEs
This was 4th in the ongoing series of meetings that the Finance Minister is having with various stakeholders to accelerate the economic growth in the background of COVID–19 pandemic.
Oct 19, 2020, 17:26 PM IST
Better performance of CPSEs can help economy recover from COVID-19 impact: FM Nirmala Sitharaman
The Finance Minister said that better performance of CPSEs can help the economy in a big way to recover from the impact of COVID-19.
Jul 07, 2020, 20:24 PM IST
Bharat Bond ETF will help India become financially more vibrant economy: FM Nirmala Sitharaman
Sitharaman said that this will help India become a lot more financially vibrant economy. Bharat Bond ETF will have a fixed maturity period like close-ended mutual funds and the units will be listed on stock exchanges.
Dec 04, 2019, 18:34 PM IST
Finance Ministry meet Heads of CPSEs to boost capital expenditure
During the meeting the finance ministry reviewed capital expenditure by various CPSEs and ministries.
Sep 06, 2019, 18:23 PM IST
No proposal for strategic disinvestment of Navaratna CPSEs: Govt informs Rajya Sabha
As per Public Enterprises Survey 2017-18 that was laid in the Parliament on 27.12.2018, there were 339 Central Public Sector Enterprises (CPSEs) as on 31.03.2018.
Jun 24, 2019, 16:56 PM IST
PMO holds meeting to speed up strategic sale of PSUs
Niti Aayog has identified 35 PSUs, including Air India, Air India's subsidiary AIATSL, Dredging Corporation, BEML and Scooters India for strategic sale.
Feb 06, 2019, 12:23 PM IST
Over dozen CPSEs evince interest in raising funds via debt ETF next fiscal
To start with, the finance ministry will provide a platform for only 'AAA' and 'AA' rated Central Public Sector Enterprises (CPSEs) to raise funds by way of bond issuance using the debt ETF route.
Jan 01, 2019, 13:48 PM IST
FinMin banking on CPSE acquisitions, buybacks to meet FY19 disinvestment target
The Finance Ministry is banking on merger and acquisitions among CPSEs and share buybacks by state-run companies to meet the Rs 80,000-crore disinvestment target for the current fiscal.
Oct 19, 2018, 13:19 PM IST
'HSCC, EPIL in advanced stages for merger with similarly placed CPSEs'
The government last October invited bids from similarly placed central public sector enterprises (CPSEs) for buying out entire 100 percent stake in them, along with management control.
Jun 22, 2018, 17:50 PM IST
Govt issues norms for time-bound closure of CPSEs
Faced with inordinate delay in closing down sick CPSEs, the government has come out with timelines for disposal of movable assets, sale of land and retrenchment of employees not opting for voluntary retirement.
Sep 08, 2016, 15:32 PM IST
CPSEs must take steps to unlock surplus resources to boost job creation: President
Mukherjee highlighted the significant role played by central public sector enterprises (CPSEs) in the country's development and noted that long-term growth prospects of the Indian economy continue to be positive.
Apr 12, 2016, 01:00 AM IST
NITI Aayog to submit PSU strategic sale roadmap this month
NITI Aayog will submit a blueprint for divesting government's stake in some PSUs and strategic sale of those that have been sick for a long time by this month.
Apr 03, 2016, 12:17 PM IST
Minister nod mandatory for CVOs tenure extension in CPSEs
The tenure of anti-corruption officials working in Central Public Sector Enterprises (CPSEs) cannot be extended without the mandatory nod from the minister concerned, the Centre has said.
May 17, 2015, 09:34 AM IST
Five states contribute half of PSU investments in five years: Study
Topping the list, Maharashtra alone claimed 20 percent in the total, followed by Andhra Pradesh (8.4 percent), Tamil Nadu (8.1 percent), Odisha (6.7 percent) and Uttar Pradesh (6.2 percent), the study said.
Sep 07, 2014, 11:36 AM IST
