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Search Keyword: PSU

Web Exclusive
  Nov 21, 2013

ONGC's gas gathering station inaugurated in Assam

The Group Gathering Station, Assam Renewal Project, of the public-sector Oil and Natural Gas Corporation in Assam was inaugurated by the Union Minister of Petroleum and Natural Gas M Veerappa Moily on November 18. Hyderabad-based Megha Engineering & Infrastructure (MEIL) is the lead partner of the consortium which executed the project.

Web Exclusive
  Nov 15, 2013

Projects cleared by Project Monitoring Group

Following is the list of the projects which was cleared by Project Monitoring Group

Web Exclusive
  Nov 06, 2013

Govt to expand sale of 5 KG LPG cylinders

The Union Minister of Petroleum and Natural Gas M Veerappa Moily has approved a proposal to extend the scope of the Scheme for sale of non-subsidised 5 KG LPG cylinders from Petrol Stations(Petrol Pumps/Retail Outlets) of Oil Marketing PSUs (OMCs) in other parts of the country subject to the Election Code of Conduct.

Focus
  Nov 01, 2013

Need big projects to take off: Experts

If there is a signal from the government for continuous development in the form of announcement of infrastructure projects, then equipment manufacturers will not shy away from further investments. A lot of manufacturers have come in, invested and are now waiting for such big projects to take off.

Land Bill is a concern for Japanese investors
Bankers Talk
  Nov 01, 2013

Land Bill is a concern for Japanese investors

The financial champion of the much-hyped DMIC is largely tight-lipped about it. Shin Oya, Chief Representative, Japan Bank for International Cooperation (JBIC), tells Shilpi Aggarwal why his country may be waiting for the next general elections, is guarded on some questions but has no hesitation to say why the Indian government must treat ECBs better,

Web Exclusive
  Oct 29, 2013

Delay in flyover construction bothers commuters

To ease traffic snarls in Bangalore, flyovers and ring roads have been built and are being built in several areas. But prolonged delays in building some flyovers like the ones at Thanisandra, BEL Circle in the city have been causing hardships.

Policy Update
  Oct 25, 2013

Govt-owned power discoms' losses swell 2.5 times in 3-yrs

The losses of power distributing firms to the government-owned power generating firms have swelled to a mammoth Rs 15,792 crore at the end of last September while last year’s government promised loss restructuring package for electricity distribution companies is yet to be realised. The swelled sum is a two-and-a-half times jump over total dues of Rs 6,200 crore three years back in June 2010.

Policy Update
  Oct 23, 2013

Govt to infuse Rs 14,000 cr capital into banks

To augment capital base of its public sector undertaking banks, the Union Finance Ministry on October 22 finalised a Rs 14,000-crore infusion plan, the Union government announced on October 22. The Union Finance Minister P Chidambaram said this after meeting the heads of PSU banks in Delhi.

Web Exclusive
  Oct 18, 2013

West Bengal gets 421 rural roads under PMGSY

The Union Rural Development minister Jairam Ramesh has said that his department has finalised funds for 421 roads covering 1,887 km in West Bengal. The State Chief Minister Mamata Banerjee had written to the Prime Minister about norms being flouted by the Centre in allotment of funds to states.

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2 In India, about 1.3 per cent of its land gets converted into waste land every year
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Latest Comments
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Three Lines Shipping says:
Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.
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kishore tamidela says:
Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.
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India's Premier Magazine for Nation Builders