Wednesday, November 26, 2014
Tuesday, November 25, 2014
Monday, November 24, 2014
|SBI chairman Arundhati Bhattacharya|
The new policy aims at streamlining...
Saturday, November 22, 2014
CLOSE on the heels of finance minister Arun Jaitley's announcement that the government was willing to consider the privatisation of sick state-run firms, the Centre has finally begun the process of shutting some of them. This may not go down well with tens of thousands of employees of the six sick PSUs who have been pinning...
Friday, November 21, 2014
|NTPC CMD AR Choudhury|
NTPC, India's largest power generating company, has become first Indian company to tap the foreign currency bond market following government clarification that provisions of the new Companies Act — regarding prospectus and allotment of securities — do not apply to issue of foreign currency bonds by Indian companies.
The PSU raised 500 million dollars from...
Thursday, November 20, 2014
|NHPC's stalled Subansiri project|
THE government is all set to begin this year’s disinvestment drive, but the power ministry wants to ‘wait and watch’ on sale of stake in state-run hydel producer NHPC.
The ministry has approached the Department of Disinvestment (DoD) to wait for some more time before...
Wednesday, November 19, 2014
INDIA'S leading steel producer, Maharatna PSU Steel Authority of India Limited (SAIL) is set to expand the capacity of its Rourkela Steel Plant (RSP). For this, SAIL has sought Odisha government's support for its raw material requirements.
"We have plans to invest Rs 30,000 crore to Rs 35,000 crore for expansion of RSP's capacity from 4.5 mtpa to 10 mtpa by 2025-26. Therefore, we require adequate iron ore and seek support of the Odisha government," SAIL...