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India's best and worst performing PSUs

Oil explorer ONGC was the country's most profitable PSU in 2013-14, while telecom major BSNL was the worst performer, says the Economic Survey. The pre-budget survey for 2014-15 said the net profit......

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......

Rs 9,000 crore: That's what PSU revival will cost

The heavy industry department has estimated that it will require around Rs 9,000 crore (Rs 90 billion) for the revival of 27 ailing public sector companies. The cost will, however, come down if the......

All went down the black hole

The United Progressive Alliance government is drawing up plans to revive seven sick public sector undertakings: Hindustan Cables, Richardson & Cruddas, Hindustan Photofilms, Triveni Structurals,......

Loss-making PSUs' health sinks

The financial performance of loss-making public sector undertakings and erstwhile divestment candidates has deteriorated further in 2003-2004.Nine loss-making listed PSUs have reported an increase......

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