Seven PSUs may get navratna status

Public sector enterprises aiming to get a 'navratna' status may henceforth have to meet a minimum turnover criterion as also a business strategy that involves global reach.Seven companies have been......

Govt restarts divestment, targets Rs 1500 cr

Overcoming resistance from the Left Parties, government on Thursday virtually re-initiated the divestment process by targeting Rs 1500 crore (Rs 15 billion) funds for the National Investment Fund......

5 PSU rights issues likely in September

Public sector undertakings Bharat Earth Movers (BEML), Rural Electrification Corporation (REC), Power Grid Corporation of India and National Hydroelectric Power Corporation (NHPC), slated to hit......

Power supply to 18,500 villages in 3 years

  Taking forward an announcement made by the Prime Minister on August 15, the Union ministry of power has readied a plan to electrify 18,500 villages in three years. Of these, around 3,500......