public sector undertakings

Cash rich PSUs to invest in projects to spur growth


September 11th, 2012 - 6:50 pm ICT by IANS
New Delhi, Sep 11 (IANS) The government is working on a mechanism under which nine major public sector undertakings (PSUs) having large cash reserves would start investing in infrastructure ... Read more...

Posted in Business |

Hydropower firms owe Rs.264 crore to Himachal government


August 28th, 2012 - 5:13 pm ICT by IANS
Shimla, Aug 28 (IANS) Hydropower projects in Himachal Pradesh owe more than Rs.250 crore to the state government, Chief Minister Prem Kumar Dhumal said here Tuesday. He said the companies ... Read more...

Posted in Business |

Kanheri Caves made part of ‘Clean India’ campaign


August 3rd, 2012 - 9:47 pm ICT by IANS
Mumbai, Aug 3 (IANS) The Kanheri Caves here have been made part of the government's Clean India campaign.The 2,100-year-old group of caves is now part of the 10 monuments under ... Read more...

Posted in Life Style |

Right to Service becomes law in Kerala


July 25th, 2012 - 4:00 pm ICT by IANS
Thiruvananthapuram, July 25 (IANS) With the Kerala assembly Wednesday passing the Right to Service Bill, 2012, Chief Minister Oommen Chandy has kept his promise of making available services to the ... Read more...

Posted in Health Science |

Supreme Court stays Jaffer Sharief’s trial in graft case


July 4th, 2012 - 1:19 pm ICT by IANS
New Delhi, July 4 (IANS) The Supreme Court Wednesday stayed the trial of former railway minister C.K. Jaffer Sharief in an alleged corruption case under the Prevention of Corruption Act.The ... Read more...

Posted in Uncategorized |

Panel formed to implement national optic fibre network


June 26th, 2012 - 7:05 pm ICT by IANS
New Delhi, June 26 (IANS) The government Tuesday formed a coordination committee to give a push to the decision to set up a National Optic Fibre Network (NOFN) to provide ... Read more...

Posted in Sci-Tech |

GDA to seal banks working from residential premises


June 12th, 2012 - 10:23 pm ICT by IANS
Ghaziabad, June 12 (IANS) The Ghaziabad Development Authority (GDA) has issued notice for sealing 59 bank branches which have been found operating from residential premises in the city.The banks have ... Read more...

Posted in Business |

Coal block auctioning to begin in two months: Jaiswal


June 8th, 2012 - 5:46 pm ICT by IANS
Ranchi, June 8 (IANS) Union Coal Minister Shriprakash Jaiswal Friday said new coal blocks had been identified and their auctioning would begin in the next two months."The coal block auctioning ... Read more...

Posted in Politics |

After tigress, Priyanka adopts lioness


June 2nd, 2012 - 4:16 pm ICT by IANS
Ranchi, June 2 (IANS) After tigress Durga, Bollywood's 'junglee billi' Priyanka Chopra has adopted lioness Sundari of Ranchi's Birsa Munda zoo, an official said Saturday."We have received a cheque ... Read more...

Posted in Environment |

Australia keen to expand trading base in India


June 1st, 2012 - 6:44 pm ICT by IANS
Agartala, June 1 (IANS) Australia is trying to expand its trade and business base in India and is keen to establish people-to-people relations in the days ahead, Australian diplomats ... Read more...

Posted in Business |

Agni-V, Risat launches UPA achievements: PM (Lead)


May 22nd, 2012 - 10:46 pm ICT by IANS
New Delhi, May 22 (IANS) Prime Minister Manmohan Singh Tuesday lauded the test of Agni-V missile that can hit targets as far as China's Beijing and the launch of ... Read more...

Posted in Politics |

Andhra stops ads to Sakshi newspaper, TV


May 10th, 2012 - 1:56 pm ICT by IANS
Hyderabad, May 10 (IANS) The Andhra Pradesh government has stopped all its advertisements to the Sakshi newspaper and television channel owned by YSR Congress party leader Y.S. Jaganmohan Reddy.The government ... Read more...

Posted in Politics |

Sensex ends in red; power, realty, auto stocks fall (Lead)


April 26th, 2012 - 5:59 pm ICT by IANS
Mumbai, April 26 (IANS) Indian equities markets benchmark indices witnessed choppy trading Thursday, a day after ratings agency Standard & Poor's lowered its outlook to "negative" from "stable" on ... Read more...

Posted in Uncategorized |

Choppy trading at Indian equities after outlook downgrade


April 26th, 2012 - 2:40 pm ICT by IANS
Mumbai, April 26 (IANS) Indian equities market was witnessing choppy trading Thursday, a day after ratings agency Standard & Poor's lowered its outlook to negative from stable on India's ... Read more...

Posted in Business |

‘More companies helping preserve India’s monuments’


April 24th, 2012 - 8:38 pm ICT by IANS
New Delhi, April 24 (IANS) The number of public sector undertakings, private corporations and trusts paying for the maintenance of India's ancient monuments has grown over the years, Kumari ... Read more...

Posted in Life Style |

RBI to notify proposal allowing airlines to access foreign funds


April 19th, 2012 - 9:43 pm ICT by IANS
New Delhi, April 19 (IANS) The government Thursday said it expects the Reserve Bank of India (RBI) to notify the budget announcement of allowing the cash-strapped Indian civil aviation ... Read more...

Posted in Business |

India penalises Israeli defence firm for contract breach


April 16th, 2012 - 8:57 pm ICT by IANS
New Delhi, April 16 (IANS) For the first time in its history, India has imposed a penalty on a foreign defence vendor for breach of contract in the establishment of ... Read more...

Posted in Business |

Antony asks DPSUs to maintain transparency


April 12th, 2012 - 8:30 pm ICT by IANS
New Delhi, April 12 (IANS) Stung by criticism that he had prior knowledge of complaints over irregularities in the army ordering Tatra trucks, Defence Minister A.K. Antony Thursday issued a ... Read more...

Posted in Business |

No relief for ex-railway minister in graft case


April 12th, 2012 - 12:23 am ICT by IANS
New Delhi, April 11 (IANS) The Delhi High Court Wednesday refused to grant a breather to former railways minister C.K. Jaffer Sharief in a corruption case and allowed the ... Read more...

Posted in Uncategorized |

India’s military modernisation plans till 2027 approved (Lead)


April 3rd, 2012 - 1:18 am ICT by IANS
New Delhi, April 2 (IANS) India Monday approved the crucial five-year and 15-year modernisation plans of the armed forces beginning 2012, after almost a year-long delay.The Defence Acquisition Council (DAC), ... Read more...

Posted in Business |

Fifteen Himachal PSUs in red, cumulative losses of Rs.1,660 crore


March 22nd, 2012 - 7:58 pm ICT by IANS
Shimla, March 22 (IANS) Fifteen public sector undertakings (PSUs) in Himachal Pradesh, including the state electricity board and the tourism corporation, are in the red, with the cumulative losses of ... Read more...

Posted in Business |

Three firms keen to beef up apex court security


March 17th, 2012 - 8:02 pm ICT by IANS
New Delhi, March 17 (IANS) At least three public sector undertakings have expressed interest in executing the Supreme Court's plan to augment its security by putting up electric fencing along ... Read more...

Posted in Uncategorized |

Budget allows airlines to access foreign funds (Second Lead)


March 16th, 2012 - 9:49 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee said Friday domestic airlines could borrow up ... Read more...

Posted in Business |

Government to raise Rs.30,000 crore from disinvestment


March 16th, 2012 - 6:35 pm ICT by IANS
New Delhi, March 16 (IANS) After being unable to mop up even half the targeted amount in the current fiscal, Finance Minister Pranab Mukherjee Friday proposed to raise Rs.30,000 ... Read more...

Posted in Business |

Budget proposes allows airlines to access foreign funds


March 16th, 2012 - 4:12 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee Friday proposed to allow domestic airlines to ... Read more...

Posted in Business |

Budget allows airlines to access foreign funds, cuts customs duty on parts (Lead)


March 16th, 2012 - 4:11 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee said Friday domestic airlines could borrow up ... Read more...

Posted in Business |

Government allows state-owned firms to buy back shares


March 1st, 2012 - 8:07 pm ICT by IANS
New Delhi, March 1 (IANS) India Thursday allowed state-owned companies to buy back their own shares from the government as part of a strategy to raise a substantial amount ... Read more...

Posted in Business |

Trade union strike evokes mixed response in Andhra


February 28th, 2012 - 1:34 pm ICT by IANS
Hyderabad, Feb 28 (IANS) The day-long nation-wide shutdown called by trade unions Tuesday evoked a mixed response in Andhra Pradesh, hitting the banking, insurance and postal sectors and partially affecting ... Read more...

Posted in Uncategorized |

Strike cripples life in Tripura


February 28th, 2012 - 12:55 pm ICT by IANS
Agartala, Feb 28 (IANS) A nationwide strike called by 11 major trade unions to protest increasing prices, privatisation and other issues Tuesday crippled life in Left-ruled Tripura."The strike was total ... Read more...

Posted in Business |

Labour strike to cripple key sectors of Indian economy (Lead)


February 27th, 2012 - 10:04 pm ICT by IANS
New Delhi/Mumbai, Feb 27 (IANS) Key sectors of the Indian economy such as banking, insurance, telecom, transport, mining, postal and manufacturing could be badly hit Tuesday owing to the ... Read more...

Posted in Business |

Labour strike to paralyse banking, transport services Tuesday


February 27th, 2012 - 5:34 pm ICT by IANS
New Delhi/Mumbai, Feb 27 (IANS) A nation-wide 24-hour general strike called by major trade unions Tuesday could cripple the country's transport, banking and postal systems after the government's attempts ... Read more...

Posted in Uncategorized |

Government notifies direct fuel import by airlines


February 22nd, 2012 - 11:06 pm ICT by IANS
New Delhi, Feb 22 (IANS) The Indian government Wednesday notified direct import of jet fuel -- a long standing demand of the domestic airline industry -- and called upon ... Read more...

Posted in Business |

PMO ensures Coal India supplies adequate to power plants


February 15th, 2012 - 6:43 pm ICT by IANS
New Delhi, Feb 15 (IANS) With power producers clamouring for its intervention in ensuring coal supplies, the Prime Minister's Office Wednesday said it has asked state miner Coal India ... Read more...

Posted in Business |

EGoM fails to decide on ONGC, BHEL stake sales


February 15th, 2012 - 5:44 pm ICT by IANS
New Delhi, Feb 15 (IANS) The government stumbled in its effort to meet the target of raising Rs.40,000 crore through stake sale in state-owned firms this fiscal as an ... Read more...

Posted in Business |

Cabinet approves guidelines for defence hardware JVs


February 9th, 2012 - 3:57 pm ICT by IANS
New Delhi, Feb 9 (IANS) Even as the vexed issue of foreign direct investment (FDI) in India defence sector hangs fire, the cabinet Thursday approved guidelines to facilitate the ... Read more...

Posted in Business |

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