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Chairman Nitish Sengupta

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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......

'Coal India to be a Fortune 500 firm on listing'

Coal India, which is likely to hit the capital markets in October, "will be in the list of Fortune 500 the day it is listed on the stock exchange," the head of a government panel on public sector......

More transfusion being planned for long-ailing ITI

After failed attempts to find private partners for the country's oldest and long-ailing telecom equipment company, Indian Telephone Industries, the UPA government is giving another try for its......

Revival board keen to help Air India

The Board for Reconstruction of Public Sector Enterprises wants to examine the grave financial problems of Air India, but neither the Civil Aviation Ministry nor the national carrier has responded......

PSUs to be nursed to health before divestment

The government is working on a plan to nurse sick public sector units back to health before any disinvestment takes place in these companies, chairman of the PSUs revamp board Nitish Sengupta has......

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