The government is planning to offload stake in HMT Bearings Ltd (HBL) and is scouting for joint venture partners in some other state-owned firms in a bid to revive sick units. "Divestment up to 74......
The heavy industry department has estimated that it will require around Rs 9,000 crore (Rs 90 billion) for the revival of 27 ailing public sector companies. The cost will, however, come down if the......
While the government is working on a Rs 2,000 crore (Rs 20 billion) revival package for the seven sick PSUs, it has a more cost-effective option to deal with the problem: close the units.Consider......
The paper and paperboard marketing structure looks set for a shake-up with industry heavyweight ITC Ltd striking out to push its elemental chlorine-free (ECF) paper and board directly to......
Is the Congress-led United Progressive Alliance government for or against closure of loss-making public sector units?Highly placed sources say that considering a list of chronically ill PSUs that......