New Delhi, Nov 4
The Finance Ministry has asked all profit-making oil PSUs to pay a minimum 30 per cent dividend in the current financial year. Presently, all profit-making central public sector undertak...
November 1, 2013
Should Air India be privatised? This question had been put to me when I was its chairman and managing director. My answer at that time was that it was for the owner, the Government, to dec...
New Delhi, Oct 31
Four state-owned firms including Bharat Coking Coal and NFDC that turned—around following the revival packages for sick companies have shown profits for three years in a row, the Board for Reconst...
New Delhi, Oct 30
A Coal Ministry panel has agreed to allocate three coal blocks to mining PSUs including Jharkhand State Mineral Development Corp and MP State Mining Corporation Ltd.
The three coal blocks...
October 24, 2013
It has the infrastructure and the reach to push financial inclusion in a massive way.
New Delhi, Oct. 22
The Opposition Bharatiya Janata Party (BJP) has demanded strict action against the Chairman and Managing Director and directors of National Textile Corporation (NTC) and demanded a Comptroller and...
Visakhapatnam, Oct 18
The Rashtriya Ispat Nigam Limited (the Visakhapatnam steel plant) on Friday entered into a memorandum of understanding with ABB India Ltd to conduct training programmes to...
Mumbai, Oct. 10
To help public sector insurers check fraudulent claims, resolve disputes »
New Delhi, Oct 9
More than 7,000 new companies, including central and state level enterprises, got registered in August, with the government.
Nearly nine lakh companies were active as on August 31, 2013,...
New Delhi, Oct. 8
CERC and eight other SERCs do not have Chairpersons
Mumbai, Nov 3
Life Insurance Corporation (LIC) has announced the appointment of two managing directors – V.K.Sharma and Usha Sangwan.
Vijay Kumar Sharma has been Managing Director & CEO, LIC H...
Visakhapatnam, Nov 1
P.C Mohapatra, the new Director (Projects) of the RINL, Visakhapatnam Steel Plant, assumed charge here on Friday, according to a press release.
He has 34 years of experience in pr...
New Delhi, Oct. 30
Senior executives in Central Public Sector Enterprises (CPSEs) will have to wait till elections are over in five States for implementation of the new measures related to their tenure. The election...
New Delhi, Oct 27
There is a need for appointment of another expert committee to review corporate governance norms in line with the worldwide trend in the post-recession period, said a top official of SCOPE, the ap...
Kochi, Oct. 24
Kitco, the public sector consultancy organisation, will issue bonus shares in the proportion of 1:49 and a dividend of 15 per cent. Registering a growth of 17 per cent, the turnover of t...
New Delhi, Oct 18
BSNL has launched special tariff vouchers (STVs) wherein its customers would get over 75 per cent cheaper rates for making international calls. The public sector firm has launched STVs in t...
New Delhi, Oct. 17
Indian Railway Finance Corporation, the fund-raising arm of the Indian Railways, is readying its tax-free bond issue, even as it is in the process of raising $1 billion from overseas markets. »
October 9, 2013
Investors with a short-term perspective can buy the NMDC stock. The stock’s decline has been arrested at its long-term support level of around Rs 95 in early August. Subsequently, it changed direc...
Mumbai, Oct. 8
Six years after the merger of Air India and Indian Airlines, the Bombay High Court on Tuesday began hearing petitions filed by eight employee associations of the state carrier.
Kolkata, Oct. 7
In the first half of 2013-14, SAIL did better than in the same period last year. In a telephonic interview, SAIL Chairman C.S. Verma told Business Line that the second-half co...