Govt revises norms on dividend payment by PSUs
Every CPSE would pay a minimum annual dividend of 30% of profit after tax or 4% of the net worth, whichever is higher.
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March 2021
Chhattisgarh PSUs' losses surge to ₹1,143 cr as debt outstrips equity: CAG
There were seven PSUs that incurred losses based on their latest finalised accounts at the end of March 2023
Coal India, BHEL to form JV to undertake coal to chemicals biz
The joint venture will set up an ammonium nitrate plant in Odisha through surface coal gasification technology.
'Fiscal deficit makes no difference to voters, but it shows our commitment to prudence'
Nirmala Sitharaman in an interview with OPEN Magazine's Rajeev Deshpande and PR Ramesh talks about welfare and growth
PSUs net worth surged 79% to ₹17 lakh crore in 10 years: PM Modi
In the last 10 years, PSU’s net profit has doubled to ₹2.50 lakh crore, while the number of PSUs increased from 234 in 2014 to 254 today, says PM Modi.
Chandrayaan 3 – Who did what for the mission?
India's 400 big and small public and private companies and space startups supplied vital parts for the whole mission.
RVNL shares hit 10% upper circuit on winning new orders; surge 53% in 6 sessions
In the last eleven months, the railway stock has surged more than 300% from its 52-week low of ₹29 on June 21, 2022, to ₹118.40 intraday today.
Centre running out of PSU equity, only ₹2 lakh crore worth left to monetise: Dipam Secy
The value excludes the government stake in public sector banks where stake sale has not begun yet.
Budget 2022: Why PSUs should be valued, not private monopolies
There is no economic logic or evidence to prove that PSUs are bad and private monopolies are good for creating more wealth, making growth inclusive or pushing growth higher.
Despite Covid-19, record capital raised in FY21
The pandemic, ultimately, was unsuccessful in denting the country's capital raising confidence, as India Inc. raised over ₹1.88 lakh crore, beating the record of over ₹1.75 lakh crore raised in FY18.
