CPSE News

DHSE released the list of the colleges that will remain closed The exam will take place on 30 and 31 October Candidates are advised to carry their admit card

An amount of Rs 7,400 crore is earmarked for all other states. The government has budgeted to raise Rs 1.75 lakh crore through CPSE disinvestment in the current fiscal. Funds provided to the states under the scheme by the government shall be used for new and ongoing capital projects.

The listing of CPSEs on the exchange shall unlock their value and encourage investor participation in the CPSEs, an official release said.

This would be the fourth tranche of the CPSE ETF, which comprises shares of 10 bluechip companies. In the earlier three tranches of the ETF, the government had raised Rs 11,500 crore.

Garg also added that the government was confident of meeting the fiscal deficit target of 3.2 per cent in the current financial year.

The meeting was about capex, and as the country is on the growth path, the companies were advised to increase capex, NLC India Chairman and Managing Director S K Acharya said after the meeting.

The government has constituted an Anomalies Committee to look into the issues and problems that may arise in the course of implementation of its decision on revision of pay scales of executives working in central PSUs

Drawing strict timelines for listing of profitable PSUs, the government has mandated launch of initial public offer (IPO) within five-and-half months of a nod from the ministry concerned.

Bringing up the second day of gains, equities showed signs of consolidation after the benchmark Sensex closed at 27,309 as investors tried to strike a fine balance between new policies of US President-elect Donald Trump and the domestic budget, which is a few days away.

The Central Vigilance Commission (CVC) has sought a mechanism to look into rising cases of misconduct and instances of fraud by top officials of public sector banks.

 The Centre has notified new rules to allow hiring of private sector professionals in senior positions at Central Public Sector Enterprises (CPSEs), after amending a nearly three decade-old resolution.

President Pranab Mukherjee today said state-owned firms need to take immediate steps to identify and unlock surplus land and other resources available with them to augment economic growth and boost job creation

Railway Minister Suresh Prabhu Monday asked all PSUs under the ministry to undertake more rail projects while ensuring best practices in tendering process and transparency in their functioning.