CPSEs

Capital expenditure by 54 large central public sector enterprises and five departmental arms, having a capex minimum target of Rs 100 crore, rose 93 per cent year-on-year (YoY) in the April-May period to Rs 1.39 trillion. The National…

Last Updated: January 30, 2023, 12:03 ISTIn the current fiscal, the government had budgeted to collect Rs 65,000 crore from disinvestment.The disinvestment target outlined in the Budget for the next fiscal is likely to be a scaled-down and…

PTI New Delhi, January 29The Finance Ministry will move ahead with the already-announced and planned privatisation of state-owned companies in the…

Ministry of Finance, in New Delhi. | Photo Credit: PTI The Finance Ministry will move ahead with the already-announced and planned privatisation of State-owned companies in the next fiscal, and the chances of the new addition to that list…

Image for representation purpose only. | Photo Credit: G. Moorthy Despite a sharp rise in capital spending by the central government, an underwhelming growth in capex by States and a likely drop in investments by central public sector…

The government on Wednesday notified the creation of the National Land Monetisation Corporation (NLMC), a government wholly-owned entity that will undertake monetisation of the surplus land and building assets of central public sector…

Strategic sale of units of CPSEs for which Cabinet approval is already in place will have to be executed by the respective state-owned companies in accordance with the guidelines to be laid down by DIPAM shortly, the finance ministry has…

The Union government has incorporated as many as 96 CPSEs since 2014, with the maximum headquartered in Delhi, as per official data. As many as 69 of these Central Public Sector Enterprises (CPSEs) have their registered offices in Delhi.…

The government will move ahead with strategic sale of Shipping Corporation, BEML and BPCL in the next financial year, besides initial public offering of three public sector companies, including ECGC, a top government official said. The…

<!-- -->Government has received Rs 6,600 crore as dividend tranches from major PSUs this fiscalNew Delhi: Government has received about Rs 6,600 crore as dividend tranches from a dozen central public sector enterprises (CPSEs),…