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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......
  Web results for Brpse
Action Forum Raps Centre for Delaying Assistance for FACT

KOCHI: The Save FACT Action Committee has criticised the Central Government for the inordinate delay in disbursing the revival package sanctioned... ...
ITDC hotels may be first to go in strategic sale

Pushing through with its plan to sell a majority stake in sick and loss-making public sector units, the Centre is understood to be working on a... ...
PSU rejig board wound up

The government has decided to wind up the Board for Reconstruction of Public Enterprises (BRPSE) as it works out fresh strategies for the revival... ...

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