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Millennium Post

Govt refers HK model for PSU stake sale

9 July 2012 1:09 PM GMT
The finance ministry is mulling setting up of an exchange traded fund [ETF] for selling shares of state-owned companies as part of steps to meet the...

CCI clears PSU oil firms of cartelisation charges

21 May 2012 5:32 AM GMT
Anti-trust regulator Competition Commission of India (CCI) has cleared state-owned oil marketing firms - BPCL, HPCL and IOC - of charges that they...

Coal India board to exit ICVL consortium

21 May 2012 5:22 AM GMT
Amid widening gap between demand and supply of coal in the country, Coal India (CIL) board has decided to exit from International Coal Ventures Ltd, a ...

If markets improve, Praful will sell PSUs

17 May 2012 3:05 AM GMT
The government on Wednesday said as and when the market condition improves, more state-owned units will be offered for a partial disinvestment.'The...

Smaller PSUs may offer over 10% stake sale

13 May 2012 11:49 PM GMT
The department of disinvestment (DoD) has asked small PSUs, which intend to hit capital markets, to come with initial public offering (IPO) of more...

A raw deal

8 May 2012 1:52 AM GMT
It is astounding and condemnable that in spite of an advisory by RAW to the public sector oil giant ONGC about the activities of the notorious arms...

'Cheaper coal to meet power requirements': Jaiswal

7 May 2012 10:41 PM GMT
Defending the move to force Coal India to sign agreements to supply coal to power companies, coal minister Sriprakash Jaiswal on Monday said the...

Government to meet on Sovereign Fund

7 May 2012 1:59 AM GMT
The government will hold a meeting on 9 May to decide on setting up of proposed Sovereign Fund of India that could be used, among other things, to buy ...

CIL to invite bids for Mozambique mines

5 May 2012 1:13 PM GMT
State-owned Coal India (CIL) will soon invite fresh bids for exploration of its two coal mines in Mozambique having reserves of over one billion...

ONGC hires from Aligarh Muslim University

5 May 2012 6:15 AM GMT
The Oil and Natural Gas Corporation (ONGC) visited the Zakir Husain College of Engineering and Technology, Aligarh Muslim University to recruit...

S K Srivastava to take over as OIL Chairman

30 April 2012 5:37 PM GMT
S K Srivastava, head of upstream oil regulatory authority DGH, will take over as the Chairman and Managing Director of India's second biggest...

Govt to bring new guidelines for greater flexibility for PSUs

19 April 2012 5:49 PM GMT
The government on Wednesday said it will soon come out with fresh guidelines for public sector units (PSUs) that have Maharatna and Navratna status to ...
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