Showing posts with label PSU. Show all posts
Showing posts with label PSU. Show all posts

Tuesday, June 19, 2012

Govt looking at stake sale in 15 PSUs; NALCO, NHPC on radar


The government is considering stake sale in as many as 15 state-owned companies including bluechips likeBHEL , SAIL and Oil India in the current fiscal with a view to garnering an estimated Rs 20,000 crore. Apart from the major companies already on the government radar, the department of disinvestment is also mulling 10% stake sale in Engineers India, which could yield the exchequer about Rs 790 crore, Finance Ministry sources said.
In addition, the government is also planning 12.5% stake

Wednesday, May 23, 2012

PSU banks trying to join hands for extending loans to big projects

Grappling with a rising tide of bad loans, state-run banks are trying to cobble together a joint front to evaluate and extend loans to large projects.


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