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Central Public Sector Enterprises

Govt made Rs 31,106 cr in FY23 through disinvestment, reports DIPAM

The sale of 3.5 per cent of its stake in the LIC through an IPO brought the govt Rs 20,516.12 crore as receipts

Govt made Rs 31,106 cr in FY23 through disinvestment, reports DIPAM
Updated On : 10 Feb 2023 | 4:02 PM IST

Capital expenditure by CPSEs touches 76% of Rs 6.6-trillion target

The capex spending of these public sector undertakings is being reviewed by the Prime Minister's Office regularly

Capital expenditure by CPSEs touches 76% of Rs 6.6-trillion target
Updated On : 09 Feb 2023 | 10:46 PM IST

PSE dividends likely to cross govt's target for first time in 8 years

The government has so far garnered Rs 36,835 crore, which is 92 per cent of the Budget estimate of Rs 40,000 crore

PSE dividends likely to cross govt's target for first time in 8 years
Updated On : 27 Jan 2023 | 11:43 PM IST

Capital expenditure by CPSEs at 68% of FY23 target by December

Petroleum CPSEs and National Highways Authority of India (NHAI) have so far driven the capex among CPSEs

Capital expenditure by CPSEs at 68% of FY23 target by December
Updated On : 11 Jan 2023 | 11:51 PM IST

Contractual workforce in CPSEs crosses pre-pandemic level in FY22

But headcount of regular employees has continued to decline in FY22

Contractual workforce in CPSEs crosses pre-pandemic level in FY22
Updated On : 26 Dec 2022 | 10:28 PM IST

Four CPSEs extended Rs 2,609 cr worth undue benefits to execs: CAG report

The CAG recommended that these CPSEs should discontinue reimbursement of "running and maintenance" expenses of vehicles as it violates DPE guidelines

Four CPSEs extended Rs 2,609 cr worth undue benefits to execs: CAG report
Updated On : 22 Dec 2022 | 11:16 PM IST

Capex by CPSEs accelerates to 53% of annual target during Apr-Oct period

During the same period a year ago, CPSEs were able to exhaust only 44.78 per cent of the full year target

Capex by CPSEs accelerates to 53% of annual target during Apr-Oct period
Updated On : 18 Nov 2022 | 11:59 PM IST

Centre directs 36% of defaulter CPSEs to join TReDS platform

The number of CPSEs registered on the RXIL platform is 110, whereas more than 50 CPSEs have registered on the M1xchange

Centre directs 36% of defaulter CPSEs to join TReDS platform
Updated On : 27 Oct 2022 | 11:32 PM IST

Govt removes criteria for CPSEs to improve share price over sectoral index

Among other key criteria, the MoU has now assigned 2 marks out of 100 for procurement from GeM portal as percentage of total procurement

Govt removes criteria for CPSEs to improve share price over sectoral index
Updated On : 13 Oct 2022 | 11:23 PM IST

BS Number Wise: A strategy for non-strategic state firms as losses mount

The govt needs to act quickly to capitalise on the assets of such enterprises

BS Number Wise: A strategy for non-strategic state firms as losses mount
Updated On : 12 Oct 2022 | 10:29 PM IST

Share of women employees in CPSEs dips to 9.35% in FY21: Survey

According to the report, the number of women employees in CPSEs declined 9.5% to 80,525 in FY21 when pandemic hit the economy

Share of women employees in CPSEs dips to 9.35% in FY21: Survey
Updated On : 20 Sep 2022 | 11:57 PM IST

CPSEs need ministerial panel's nod to to sell units to govt entities

Providing impetus to privatisation, cabinet recently empowered the boards of the CPSEs to privatise, disinvest or close their subsidiaries and sell stakes in JVs

CPSEs need ministerial panel's nod to to sell units to govt entities
Updated On : 16 Sep 2022 | 1:12 PM IST

19 loss-making CPSEs returned to profit in FY21, shows govt data

The total gross revenue of 255 operating CPSEs during FY21 was Rs 24.26 trillion as against Rs 24.58 trillion in the previous year, showing a decrease of 1.30%

19 loss-making CPSEs returned to profit in FY21, shows govt data
Updated On : 11 Sep 2022 | 10:44 PM IST

Centre lifts Chinese import restrictions on CPSEs to boost RE projects

The move will enable the CPSEs to import freely the four categories of goods from any country, including China, which heavily dominates the renewable energy supply chain

Centre lifts Chinese import restrictions on CPSEs to boost RE projects
Updated On : 02 Sep 2022 | 10:40 AM IST

10 mn apprenticeships in 10 yrs: What India needs to solve its unemployment

TeamLease and JustJobs Network report notes that instead of around 125,000 apprentices, CPSUs have only 41,250 on board

10 mn apprenticeships in 10 yrs: What India needs to solve its unemployment
Updated On : 24 Aug 2022 | 3:28 PM IST

Casual workers PSUs hired fell 44% in first Covid-19 pandemic year

Experts say lockdown and near stalling of business may have prompted the decline

Casual workers PSUs hired fell 44% in first Covid-19 pandemic year
Updated On : 23 Jul 2022 | 11:25 AM IST

Govt bars PSEs from buying state-owned companies on block for privatisation

The finance ministry has barred public sector enterprises from bidding for other Central Public Sector Enterprises (CPSEs) which are on the block for privatisation

Govt bars PSEs from buying state-owned companies on block for privatisation
Updated On : 21 Apr 2022 | 6:44 PM IST

Top headlines: Vaccination for teens starts, Tata firms beat PSUs in m-cap

Tata group companies jump ahead of CPSUs in market capitalisation race; Valuation question holds up SPV for land, asset monetisation of PSUs. Read more on today's top headlines

Top headlines: Vaccination for teens starts, Tata firms beat PSUs in m-cap
Updated On : 03 Jan 2022 | 7:23 AM IST

What has been the trend in CPSE closures? Here's what data shows

Total number of CPSEs has not been trending down

What has been the trend in CPSE closures? Here's what data shows
Updated On : 17 Dec 2021 | 2:18 AM IST

Govt receives Rs 566 crore as dividend tranches from 3 CPSEs

The government has received Rs 566 crore as dividend tranches from three CPSEs, a top official said on Thursday.

Govt receives Rs 566 crore as dividend tranches from 3 CPSEs
Updated On : 11 Nov 2021 | 5:56 PM IST