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Search Result For CPSEs
Result(s) found: 8
On a strong pitch
December 2013
It should be no surprise that PSEs emerge right on top when it comes to efficiency and performance, given their inherent rather than acquired advantages. But, writes Maya Sinha, the flip side is that they have not redefined their own strengths to achieve better productivity the very accountability that defines PSEs is hampering speedy execution.
CPSUs the cash machines
December 2013
As the government prepares to divest PSUs and raise Rs 54,000 crore, it will simultaneously urge PSUs to invest in infrastructure projects. While this is a smart move to reinvigorate the stranded sector, the irony of public sector investment in private side of equity is not lost. While they stare at a disappointing year for PSUs on the stock exchanges, what has galvanised many of these mammoth organisations that have transformed these custodians of public money into vibrant, corporate and profit
PSUs can save the day
July 2013
PSUs have been largely responsible for canvassing India's growth story and economic cornerstones. In times of economic downturn, they have been a contractor's best bet, being cash-rich and less susceptible to vagaries.
Govt to introduce new norms for CPSE investment
June 2013
The government is rationalising and consolidating the existing norms on the investment of excess cash by the Central Public Sector Enterprises (CPSEs). A committee appointed to review the investment norms for CPSEs submitted its report the finance ministry.
CPSEs have Rs 2.84 trillion cash
November 2012
Minister of heavy Industries and Public Enterprises Praful Patel informed Lok Sabha that Central Public Sector Enterprises (CPSEs) have Rs 284,153.22 crore cash and bank balances at present. Further, it is learnt that 17 state-run firms, including, ONGC, OIL and NTPC, committed to invest over Rs 1.63 lakh crore during 2012-13
Union Budget 2012-13 Summary
March 2012
Budget identifies five objectives relating to growth, investment, supply bottlenecks, Governance, and removing malnutrition. Amendment to FRBM act introduced as part of finance bill. Central subsidies to be kept under 2 per cent of GDP; to be further brought down to 1.75 per cent of GDP over the next 3 years
Union Budget 2012-13 Summary
March 2012
Budget identifies five objectives relating to growth, investment, supply bottlenecks, Governance, and removing malnutrition. Amendment to FRBM act introduced as part of finance bill. Central subsidies to be kept under 2 per cent of GDP; to be further brought down to 1.75 per cent of GDP over the next 3 years.
Empowering Power
February 2009
Power Finance Corporation Limited (PFC) continues to be a major driver of growth and progress in the country by establishing new benchmarks in various areas of the company’s operation and expanding its business prospects to take full advantage of the emerging opportunities in the power sector.
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