A state-owned enterprise in India is called a public sector undertaking or a public sector enterprise. These companies are owned by the union government of India, or one of the many state or territorial governments, or both. Read More
Four contracts of Defence India Start-up Challenge and four MoUs between industry partners and defence PSUs were signed on Friday, said Defence Minister Rajnath Singh while adding that this would give impetus to self-reliance in the defence sector. ...
Union Minister Dharmendra Pradhan on Thursday lauded Rs 3 lakh crore collateral-free loans announced by the Ministry of Finance as a stimulus package, saying that entrepreneurs don't need free money but they certainly need 'hassle-free' money. ...
Union Health Minister Dr Harsh Vardhan held a video-conferencing meeting with directors of Department of Biotechnology, its 18 autonomous bodies and PSUs and asked them to fastrack the activities pertaining to the development of the vaccine for COVID ...
The government has decided to rely on cash-rich central public sector enterprises (CPSEs) to rescue its strategic sale programme, with tepid interest coming from the private sector to take over controlling interest in some of sick and loss-making com ...
Asserting that all payment delays to the vendors to be ironed out at the earliest, Finance Minister Nirmala Sitharaman on Saturday directed the CPSEs to clear all outstanding payments by October 15 to kick off investment cycle in the economy and soug ...
Finance Minister Nirmala Sitharaman on Friday said the government's capital expenditure was on track and asked the ministries and the PSUs to clear all non-litigation dues at the earliest to keep the investment and consumption cycles active while sta ...
Missing on guaranteed business as many PSUs bid out projects to private parties, micro, small and medium enterprises (MSMEs) want the government to insert an offset clause in each infrastructure project for smaller firms. ...
