Govt proposes to reduce stake in CPSEs to 49%
The government proposes to reduce its stake in central public sector enterprises (CPSEs) to 49%, in three years. This plan excludes state-run companies in sectors such as defence...
Tag : Govt
Ashok Leyland gets Rs.100 crore govt order for 10×10 vehicles
Ashok Leyland secures an order from the government for 10×10 vehicles, to carry Smerch Rockets. The company stated, “…has won another critical order from the Ministry...
BEML receives govt approval for stake sale
As per a media report, the government has given approval for 26% stake sale in BEML. BEML, which is a Miniratna Category-1, has 3 main...
UCO Bank to issue preference shares to govt for Rs.1,375 crore
UCO Bank has received approval from its board, for a proposal to issue equity shares on preferential basis, to the government for capital infusion of...
Govt raises basic custom duty on some electronic items
The Finance Ministry with a view to increase domestic manufacturing, has increased customs duty on certain electronic items including television, mobile phone, projector and water heater....
Govt has given approval to launch of Rs.9,000 cr NNM
The government has given approval to the launch of the National Nutrition Mission (NNM), to address the problems of under-nutrition, low birthweight and stunting. It has a...
Govt proposes to offer discounts to consumer, for digital GST payments
The government has proposed a 2% point discount in the Goods & Services Tax (GST), for consumers who make digital payments. It is expected that the...
Export restrictions on all types of pulses has been removed by govt
Restrictions on exports of all kinds of pulses, has been removed by the government today. This restriction has been removed to help farmers in getting...
Yes Bank enters into an agreement with govt for Rs.1,000 cr financing
Yes Bank has signed an agreement with the government to provide Rs.1,000 crore financing to food processing projects. As per the bank, funds will be given...
Govt approves PSB Recapitalization of Rs.2,11,000 crore
Government has approved PSU banks recapitalization program of Rs.2,11,000 crore. Out of this, Rs.1,35,000 crore will come from recapitalization bonds, while the rest Rs.76,000 crore...