PSU sector news, Indian public sector latest news update, public sector undertakings news
Business Today
Govt to divest 15% stake in MMTC, to fetch Rs 800 crore

The government currently holds 89.93 per cent stake in the state-run trading giant.

BHEL has said that the MoU will further help the company in consolidating its presence in the CIS countries.
However, export earnings of the company have declined to Rs 3,307 crore in 2014-15 as against Rs 3,719 crore earned in last fiscal, it said.
State Bank of India is planning to allocate the flats to its top executives of the rank of Deputy Managing Directors and General Managers.

The state-owned company's rare spot requirement is due to a planned maintenance at its Koyali refinery in Gujarat.
The Cabinet has already approved the sale of 5 per cent stakes in ONGC and BHEL, and 10 per cent each in NALCO and NMDC.
Heavy Industries Minister Anant Geete says there are 65 units in the list of sick PSUs as of March 31, 2014.
The ministry on Monday wrote to Oil and Natural Gas (ONGC) that a disciplinary proceeding against Shankar is being contemplated.