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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No longer required to pay State levies: Dalmia Bharat

The Act notified by the Central Government as amended...

Grounding of Parandur plan: Will it hurt TN dream?

The proposed second airport project at Parandur was announced...

FM Sitharaman to visit Canada, US

During her visit to Toronto, Canada,  Sitharaman will participate in...

UPI completes 10 years

Annual transaction volume expanded from just 1.78 crore transactions...

TCS lands major deal from Porsche

The acquisition will strengthen TCS’ presence in the German...