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Tungabhadra Steel Products Ltd

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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......

Govt plans 74% divestment in HMT Bearings

The government is planning to offload stake in HMT Bearings Ltd (HBL) and is scouting for joint venture partners in some other state-owned firms in a bid to revive sick units. "Divestment up to 74......

When closure is a better option

While the government is working on a Rs 2,000 crore (Rs 20 billion) revival package for the seven sick PSUs, it has a more cost-effective option to deal with the problem: close the units.Consider......

Govt's 'secret' list of PSUs to be shut

Is the Congress-led United Progressive Alliance government for or against closure of loss-making public sector units?Highly placed sources say that considering a list of chronically ill PSUs that......

Govt offers sops to sell PSUs in the red

The government will offer financial incentives to attract buyers for its loss-making public sector units.The policy on financial incentives, which has been given the green signal by the core group......

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