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Govt to revive 7 ailing central PSUs: FinMin

The government has approved revival of seven sick central PSUs, including HMT Machine Tools and Tyre Corporation, through disinvestment or joint venture route. The other sick CPSEs which will be......

Cabinet nods revival package for Scooters India

The Cabinet on Thursday approved the Rs 200-crore (Rs 2 billion) revival package for ailing public sector unit (PSU) Scooters India Ltd (SIL). After the government shelved plan to sell out its......

BSNL's loss triples to Rs 6,000 cr

State-run BSNL's losses have more than tripled to about Rs 6,000 crore (Rs 60 billion) during 2010-11 mainly due to hefty outgo for employees' salary and expenses borne by the PSU for procuring 3G......

Sick PSU land to ease govt burden

While land acquisition for new projects has become an increasing political concern, land assets of sick public sector undertakings are coming handy for the government. The Board for......

Merger of BSNL, MTNL and ITI mooted

A government body has recommended that state-run BSNL should merge its counterpart MTNL and telecom equipment manufacturer ITI with itself, a move that will help turn around the loss-making telecom......
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Govt thinks of new ways of ridding itself of loss-making PSUs

In a bid to exit state-run companies who are in loss, the government is planning to establish a separate holding company. A senior official aware... ...

http://www.businessinsider.in/Govt-thinks-of-new-ways-of-ridding-itself-of-loss-making-PSUs/articleshow/48236074.cms?utm_source=ten_minutes_with&utm_medium=Referral&utm_campaign=Content_Patnership
Govt mulls entity to revive sick units using CPSEs' extra cash

The government is mulling setting up a Finance Corporation to utilise around Rs 2 lakh crore surplus cash of state-owned enterprises lying idle in... ...

http://smartinvestor.business-standard.com/market/Marketnews-326065-Marketnewsdet-Govt_mulls_entity_to_revive_sick_units_using_CPSEs_extra_cash.htm
Revival plan over Rs 40,000 crore to cure 46 sick PSUs

NEW DELHI: The union government has approved a plan of revival of 46 ailing public sector undertakings, envisaging a total assistance of Rs.40,885... ...

http://www.navhindtimes.in/revival-plan-over-rs-40000-crore-to-cure-46-sick-psus/
Revival FCIL's Talcher Unit in Odisha to be completed by end of 2018

Report by Odisha Diary bureau, New Delhi : In view of the continuous losses of Fertilizer Corporation of India Limited (FCIL) and Hindustan... ...

http://www.orissadiary.com/CurrentNews.asp?id=60428

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