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Category : Search result: Public Sector Undertakings
IOB to raise Rs 4,000 crore via QIP, govt stake to fall
Indian Overseas Bank plans a Rs 4,000 crore QIP in Q4 FY26, its largest in a decade. This follows recent government divestment and will reduce the Centre's stake by 3-3.5%. Read the full details.
IOB to raise Rs 4,000 crore via QIP, govt stake to fall
Indian Overseas Bank plans a Rs 4,000 crore QIP in Q4 FY26, potentially reducing government holding by 3-3.5%. The move aligns with SEBI's public shareholding norms. Read more about the bank's expansion plans.
Finance Ministry Orders Prompt Vigilance Reporting for PSU Bank Directors
India's finance ministry mandates public sector banks to immediately report adverse vigilance info on board-level directors, citing serious lapses in disclosures. Read the full directive.
FinMin Orders Banks to Report Vigilance Matters Promptly
The Finance Ministry directs PSBs and financial institutions to immediately report adverse inputs on board-level officials, regardless of the capacity of the alleged lapse. Stay updated on India's banking governance.
Prakash Raj Criticises Govt on Vizag Steel Plant Sale
Actor Prakash Raj criticises central and state govt for privatising Vizag Steel Plant and medical colleges. He urges mass agitation to stop anti-people policies. Read more.
Governance Failures Hurting Pakistan's Economy: ICMA Report
A new ICMA report exposes how severe governance gaps are damaging Pakistan's economy. Discover the urgent reforms needed for stability and growth. Read the full analysis now.
CII Urges Fiscal Reforms, Tech in Tax in Budget 2026-27
CII urges institutional reforms & fiscal consolidation in Budget 2026-27 for growth. Key asks: tech to curb tax evasion, debt control, PSU privatisation, and revamping food distribution. Read more.
CII Proposes 3-Year PSU Privatisation Plan in Budget
CII recommends a clear 3-year privatisation pipeline for PSUs in its budget suggestions, aiming to boost investor confidence and government revenue. Read the full proposal.
Noida Advises Metro Use for Christmas to Avoid Congestion
Noida traffic police advise using metro and public transport for Christmas shopping in Sector 18 and Atta Market to avoid severe congestion. Vehicles parked illegally will be towed.
Gadkari: Transport Ministry Causes 40% of Delhi Air Pollution
Union Minister Nitin Gadkari links Delhi's toxic air to transport sector, contradicting govt stance on pollution & health. AAP's Saurabh Bharadwaj welcomes his honesty. Details inside.
BCCL IPO: Coal India Arm's ₹1,300 Cr Offer Set for 2026 Debut
Bharat Coking Coal Ltd (BCCL), a Coal India subsidiary, gears up for a ₹1,300 crore IPO, potentially launching India's 2026 IPO calendar. Get all key details on valuation, offer structure, and company fundamentals here.
Uttar Pradesh reduces power sector debt by 25%
Uttar Pradesh slashes power sector debt by 25% while India's overall liabilities surge 40%. Discover how UP's fiscal discipline defies the national trend of rising discom debt.
UP Reduces Power Debt by 25%, Defies National Trend
Uttar Pradesh slashes its power sector debt by nearly 25% over five years, standing out as other major states see sharp increases. Discover how UP achieved this financial turnaround.
Gurgaon's Sector 14 Community Centre Stuck for 10 Years
A ₹18.58 crore community centre in Gurgaon's Sector 14 remains unused for a decade due to lack of electricity and clearances. Residents demand CM's intervention for a firm inauguration date.
Fire at Chandigarh's Sindhi Sweets, Sector 17
A late-night fire gutted Sindhi Sweets in Chandigarh's Sector 17, causing extensive damage. No injuries reported. Fire department investigates possible short circuit. Read for details.
Congress' Gogoi Criticizes Modi's Northeast Performance
Assam Congress chief Gaurav Gogoi delivers a scathing review of PM Modi's 11-year tenure in the Northeast, citing PSU shutdowns and unmet promises. Read the full analysis.
Haryana's First Dog Park in Panchkula Neglected
Haryana's pioneering canine park in Panchkula faces neglect with broken equipment and poor maintenance, disappointing pet owners. Discover the state of this public facility.
Lok Sabha Passes Bill for Private Role in Nuclear Energy
The Lok Sabha has passed a landmark bill allowing private sector participation in India's nuclear energy sector. Union Minister Jitendra Singh hails it as a milestone for national development. Read more.
MCG to build two new model roads in Gurgaon
Gurgaon's civic body initiates construction of two model roads in Sectors 32 and 39, featuring cycle tracks and improved drainage. Aim is to complete before next monsoon. Read details.
Telangana leads India with highest govt guarantees vs GSDP
Telangana's govt guarantees hit 15.1% of GSDP, far above national average. Experts warn of fiscal risks. Read about state-wise breakdown and sector exposure.
Education Loan NPAs Fall to 2% in Public Sector Banks
Gross NPAs in education loans from public sector banks have significantly reduced to 2%, as per the Finance Ministry. Discover the key factors behind this improvement and its impact on students.
Mohali School's Educational Trip to Indus Valley Adventures
Golden Bells Public School, Mohali, organized educational excursions for students to Indus Valley Adventures, promoting experiential learning and teamwork. Discover how such trips enhance education.
India Targets 307 GW Coal Capacity, Smart Meter Interoperability
Power Secretary Pankaj Agarwal outlines India's dual strategy: boosting coal capacity to 307 GW by 2035 while pushing for interoperable smart meters to enhance grid efficiency and consumer choice.
CAG: 6 MP PSUs' Net Worth Eroded, Negative ₹42,410 Cr
A CAG report tabled in the MP Assembly reveals the alarming erosion of net worth in six state PSUs, with combined losses of over ₹42,410 crore. Details on power discoms, IT parks, and MSME development failures inside.
Illegal route in Panchkula's Sector 7 permanently shut
Panchkula authorities seal an illegal road in Sector 7 following resident complaints. Action taken to curb traffic chaos and ensure safety. Read the full report.
PSU Bank Stocks Fall After Govt Clarifies on FDI Limit
Shares of state-owned banks fell sharply after the government clarified it is not considering raising the FDI limit in PSU banks from 20%. Get the full market analysis here.
No Merger Plans for Public Sector Banks, Says Govt
The government has ruled out any plans to restructure or merge public sector banks. Get details on FDI limits, IDBI Bank disinvestment, and RRB performance.
No PSB merger plans now, IDBI Bank sale in due diligence
Finance Ministry tells Lok Sabha no PSB merger proposals are under consideration. IDBI Bank strategic sale advances to due diligence stage by shortlisted bidders. Details inside.
Chandigarh Sector 26 Firing: Suspect Arrested
A shocking firing incident in Chandigarh's Sector 26 leaves one injured. Police swiftly arrest the main suspect. Get all the key facts and latest updates here.
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