PSUs

Partiality Ends For PSUs: Open Tender Must For Rs 2 Lakh Crore Railway Contracts As per the latest development, the Ministry of Railways going back on its earlier policy said that PSUs, including those owned by Indian Railways, will now…

Govt Shuts Down This Critical PSU; Employees, Assets Shifted To Other PSUs As per an official order, the Defense ministry has dissolved the Ordnance Factory Board (OFB) with effect from October 1 and its assets, employees and management…

Govt Will Sell 10 More PSUs To Private Firms Via Disinvestment Or OFS Route (Full List Of PSUs) The Centre may look at 10 new public sector undertakings (PSUs) for divestment either through privatization or Offer-for-sale (OFS) route,…

Govt Will Sell All Profit-Making PSUs To Private Firms; Govt Doesn't Want To Run Businesses! Privatization is believed to improve the company's productivity and objectivity. The massive change in government attitude would revive the…

After 3 Yrs Of Negotiations, Govt Bank Officers Get Rs 1500 Salary Increment; 5-Day Week Rejected After a 3 years wait, the wage revision for public sector bank (PSU) officers will be signed and delivered. Read on to learn…

20 Govt PSUs Will Be Sold To Private Firms; 6 PSUs Will Shut Down (Full List) The Minister of State for Finance, Anurag Singh Thakur said that over 20 central public sector enterprises(CPSE) and their units are at various stages of…

Only 4 Govt Banks Now? Govt Determined To Sell PSU Banks, PSU Firms To Raise Money The number of public sector banks (PSBs) could be shrunk from 12 to 4 now, via privatisation or consolidation. On July 22, Department of Investment…

Govt Will Privatize All PSUs In India Except 4 In Strategic Sectors: India’s Biggest Privatization Drive? While announcing economic reforms in the light of Covid-19 imapct on businesses and Governance, India’s Finance Minister has made…

Air India Flights Can Be Cancelled After October 18th Due To Payment Crisis AYet again we report to you the dire straits of Air India, as three major oil PSUs warn the airlines of not supplying them with fuel from October 18. This…

Bharat Petroleum & 4 Other PSUs Will Be Privatised This has been described as India’s biggest disinvestment drive ever: Govt. will sell its entire stake in 5 PSUs or Public Sector Units, and make them private. Will this lead to…