PSEs

The boards of government-owned companies will now be able to decide on a strategic divestment or minority stake sale in their subsidiaries, units and joint ventures. The Department of Investment and Public Asset Management (DIPAM) on…

New Delhi, As many as 21 central public sector enterprises (CPSEs) including Maharatna entity , Navratnas (OIL), and Bharat Electronics Ltd () and Indian Railway Catering and (), among others, are functioning without a full-time head. In…

GANDHINAGAR: Finance minister Nirmala Sitharaman on Thursday asked public sector enterprises to improve on professionalism, reduce expenditure and consider working with private sector entities. She was addressing the heads of various…

The process for undertaking the strategic disinvestment transactions / closures to be followed by the PSEs should be open, a Cabinet committe chaired by Prime Minister Narendra Modi decided. (Image: Reuters)The Cabinet on Wednesday…

The Finance Ministry has barred public sector enterprises (PSEs) from participating in strategic disinvestment of other government-owned companies unless specifically approved by the Central Government in the public interest.…