Tag: PSUs

PFC, REC merger approved

The merger of REC into PFC will create a financing entity with an aggregate loan book of over Rs 11 lakh crore, according to a statement. The Share Exchange Ratio...

PSUs are bleeding – What is the remedy?

The operational results for FY23 are out. The government insurers have shown strain on various fronts. Their solvency margin continues to be adversely affected....

Asset monetisation perfectly workable

"Asset monetisation is a good way of raising non-tax revenue. It could be earmarked exclusively for financing public sector component of infrastructure. It is...

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India, Poland eye doubling bilateral trade

Both leaders set the target of doubling bilateral trade...

Shift Towards Engineering Ownership

The recent U.S. suspension of several major Indian technology...

Navitas Secures Up to USD 20 Mln Growth Capital

The investment is a part of responsAbility’s Asia Climate...

Balkrishna Industries, Pirelli in pact for tyre production

India is today one of the most attractive automotive...