PSU Watch logo

| After Air India, govt likely to complete sale of its ground handling unit |   | BDL & Indian Army sign contract worth Rs 471.41 crore for refurbishment of missiles |   | ONGC inks MoU with SECI to develop RE, green hydrogen, battery storage projects |   | IFFCO ranks number one cooperative in the world |   | Omicron impact may lead to return of extensive travel curbs: IATA |  

Tag results for... "isa"

Decision on RINL privatisation not under reconsideration: Steel Minister in Lok Sabha

‘The decision for strategic disinvestment of RINL has been taken in line with New Public Sector Enterprise (PSE) Policy for Atmanirbhar Bharat notified by the.......

A total of 20 PSUs are currently undergoing disinvestment: MoS Finance

Dr Karad told the Lok Sabha that 17 PSU disinvestment transactions, including Air India, is currently being processed by DIPAM In addition, three more PSU disinvestments are currently being.......

Banks privatization: No information so far, clarify Indian Overseas & Central Bank of India

No information on banks privatization so far, Indian Overseas Bank & Central Bank of India clarified on Wednesday Shares of Indian Overseas Bank & Central Bank of India rise on the news.......

Cabinet approves privatisation of discoms in Dadra & Nagar Haveli and Daman & Diu

A single distribution company — DNH-DD Power Distribution Corporation Limited — would be incorporated as a wholly-owned government company Trust(s) shall be formed to manage the.......

Govt clarifies: ONGC free to choose any model for increasing oil & gas production

‘ONGC has to prepare its plan and take right decisions in order to increase domestic production’ ‘There is enough scope for several large and small companies to operate in the.......

Rajnath Singh commissions INS Visakhapatnam into the Indian Navy

New Delhi: INS Visakhapatnam, a P15B stealth guided missile destroyer, has been commissioned into the Indian Navy in the presence of Union Defence Minister Rajnath Singh at the Naval Dockyard, Mumbai.......

After 19 years, India will see 5-6 PSU privatisation this year: DIPAM Secretary

‘Financial bids for the privatisation of as many as six PSUs, including BPCL, BEML Ltd and SCI, among others, will be invited by December this year or January 2022’ ‘The.......

PSU disinvestment: SCI demerges, spins off non-core assets into separate company

The new entity will be called Shipping Corporation of India Land and Assets Limited The demerger will take effect after approval from competent authorities New Delhi: The Board of Directors.......

Umling la: BRO gets Guinness World Records entry for world's highest motorable road

New Delhi: So it's official now. Umling La (also known as Umlingla) is the world's highest motorable road and Border Roads Organisation (BRO) has been awarded the Guinness World.......

Govt begins process for privatisation of Ferro Scrap Nigam Ltd (FSNL)

DIPAM has floated an RfP for engaging asset valuers for privatisation of FSNL Bids are to be submitted by December 6 New Delhi: The Centre has begun the process for the privatisation of.......

Q2FY22: ONGC posts robust 565.31% rise in net profit y-o-y, declares interim dividend

ONGC has recorded a net profit of Rs 18,347.73 crore in Q2 of FY22, up from Rs 2,757.77 crore registered in the corresponding quarter of the previous fiscal year In H1 of FY22, ONGC has recorded.......

CCI flags 6 firms for indulging in cartelisation & bid rigging in tenders floated by FCI

CCI found these firms to have indulged in cartelisation in the supply of Low Density Poly Ethylene covers (LDPE) to Food Corporation of India (FCI), said a statement The CCI has issued a cease.......

Privatisation: Will Coal India Ltd (CIL) subsidiaries be privatised?

At a time when the government is trying to bring in more players into the sector, it makes better sense to hive off CIL subsidiaries into separate entities, said a source The Coal Ministry has.......

Disinvestment: BMS holds pan-India protests, says govt can’t sell PSUs to bridge fiscal deficit

The organisation lambasted the Bharatiya Janata Party (BJP) government for resorting to a policy of selling PSUs to bridge its fiscal deficit and raise revenues The BMS said that the idea of.......

Govt departments asked to clear Air India dues immediately, buy air tickets in cash

Air India Sale: Tata group has stopped extending a credit facility to the government FinMin issued a memorandum asking all govt departments to buy Air India tickets in cash and clear all.......