public sector units
Eighty-one companies in India borrowed Rs 43,147 crore through private placements in the first quarter of FY15. This figure is 55 % less than what they did the corresponding quarter of FY14 (Rs 96,186 crore). PSUs (Public Sector Units) did not borrow through this route at all as against Rs 8,568 crore they did in [...] Continue Reading »
An official from the Ministry of Railways has revealed, on the condition of anonymity, that the Ministry is nearing the finalization of a scheme under which the cash surplus of the public sector units (PSUs) working under the Ministry will be used for funding railway infrastructure projects. Under the new scheme being finalized by the [...] Continue Reading »
