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  Finance Ministry asks PSU banks to take measures to strengthen cybersecurity

  Business | November 19, 2023 14:26 IST

  The Finance Ministry and RBI have been sensitising banks on this aspect at regular intervals amid the growing digitisation in the financial sector.

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  Public sector banks to raise Rs 25,000 crore in next 3 months: DFS Secretary

  Business | December 20, 2020 11:04 IST

  In the last few months lenders including State Bank of India, Canara Bank and Punjab National Bank (PNB) have raised about Rs 40,000 crore from the market, Financial Services Secretary Debasish Panda told PTI in an interview.

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  Centre looks to de-merge three PSU insurers; then look for strategic sale

  Business | June 23, 2019 11:31 IST

  Official sources said that the de-merger plan has been brought to the table after a series of stakeholders meetings and this has now become one of the options before the finance ministry to make state-owned entities more focussed on the task of increasing insurance penetration in the country.

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  Govt strengthens disinvestment programme, announces 'Bharat 22' exchange traded fund

  August 04, 2017 18:33 IST

  Bharat 22 exchange traded fund will comprise 22 companies, or investments, from among CPSEs, PSBs and strategic holdings in the Specified Undertaking of UTI, FM Arun Jaitley said

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  Govt draws up plans to raise Rs 34,000 crore via stake sale in 7 PSUs

  April 18, 2017 11:27 IST

  These stake sales could take some time as there are already 12 PSUs for which the government has secured approval from the Cabinet to go ahead with disinvestment

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  Govt plans to list all profit making PSUs in next 2-3 years: Report

  February 18, 2017 9:49 IST

  With just six public sector units (PSUs) listed in eight years, the government is planning to list all profitable large and medium sized state-owned firms and also fix strict timelines for unlocking their value.

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  Government to shut down 15 loss-making public sector undertakings

  September 27, 2016 12:31 IST

  The Centre has decided to shut down 15 non-performing and loss-making public sector undertakings (PSUs) under its administrative control.

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  Eyeing reforms, Niti Aayog identifies 32 ailing PSUs for disinvestment

  June 15, 2016 11:29 IST

  New Delhi: Kicking off PSU reforms, NITI Aayog has singled out 32 loss-making companies for strategic disinvestment including including central public sector enterprises (CPSEs) such as Bharat Pumps & Compressors, Tyre Corporation of India, Central

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  No interviews for recruitment to central govt jobs from Jan 1: Govt

  India | December 29, 2015 22:28 IST

  New Delhi: Young candidates seeking jobs in the central government or Public Sector Undertakings (PSUs) under different ministries will no longer be required to go through the process of interviews.Starting January 1, 2016, there will

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  Railway Minister Suresh Prabhu asks all PSUs to undertake more railway projects

  Politics | October 19, 2015 19:26 IST

  New Delhi: Railway Minister Suresh Prabhu today asked all PSUs under the ministry to undertake more rail projects while ensuring best practices in tendering process and transparency in their functioning.In a review meeting with the

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  PSUs should be competitive, says Jaitley

  July 22, 2014 18:23 IST

  New Delhi: Finance Minister Arun Jaitley Tuesday said public sector undertakings should learn to function like private business houses in a competitive environment. “The Public Sector Undertakings (PSUs) must learn how to function like any other

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  Three oil PSUs move SC for modification of Aadhaar order

  India | October 06, 2013 11:48 IST

  New Delhi: Three oil PSUs have moved the Supreme Court seeking modification of its earlier order that Aadhaar card is not mandatory and no person should suffer for want of it in getting benefits of

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  PSUs, insurance firms face tough time in consumer fora in 2012

  December 25, 2012 15:49 IST

  New Delhi, Dec 25: Insurance firms and PSUs had to face some tough time in 2012 from the consumer fora which pulled up these entities for causing a rise in frivolous litigation.The apex consumer commission

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  Big, bold reforms: 51 pc FDI in multi-brand retail, 49 pc in aviation, disinvestment in PSUs

  September 14, 2012 19:04 IST

  New Delhi, Sep 14: The cabinet today decided to operationalise 51 per cent FDI in multi-brand retail but left it to the state governments to allow setting up of such stores.The Cabinet headed by Prime

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  Taj, Dal Lake among 98 sites to be made hygiene-friendly

  India | July 08, 2012 12:19 IST

  New Delhi, Jul 8: With an aim of doubling the visitor count, the Tourism Ministry has decided to provide clean and hygienic environment at 98 prominent tourist sites including Taj Mahal, Dal Lake, Red Fort

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  RIL to reopen petrol pumps in Gujarat, to sell at par with PSUs

  July 01, 2012 13:58 IST

  Ahmedabad, Jul 1: Reliance Industries will reopen its retail petrol pumps in Gujarat and begin selling the fuel at the same price as charged by PSU oil companies, the company said today.Out of the 60

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  Oil PSUs Hike Jet Fuel Price

  July 15, 2011 20:21 IST

  New Delhi, July 15: State-owned oil firms today hiked jet fuel or ATF price by a marginal Rs 78 per kilolitre with effect from midnight tonight.Aviation Turbine Fuel (ATF) in Delhi will cost Rs 56,324.79

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  Ministers Asks PSUs To Withhold CWG Sponsorship

  India | August 19, 2010 20:35 IST

  New Delhi: In what could be a severe jolt to the crisis-ridden Commonwealth Games, the Heavy Industries and Public Enterprises Minister Vilasrao Deshmukh on Thursday  said his ministry has asked PSUs to hold back sponsorship