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List of PSEs/Subsidiaries/Units of CPSE's Heavy Industries Department under liquidation [9] S/N PSU Subsidiary/Unit 1 Bharat Ophthalmic Glass Limited 2 Bharat Leader Corporation Limited 3 Tannery and Footwear Corporation of India Limited 4 Rehabilitation Industries Corporation 5 Bharat Yantra Nigam Limited 6
Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments.These type of firms can also be a joint venture of multiple PSUs. These entities perform commercial functions on behalf of the government.
Public Sector Undertakings (PSUs) are government owned establishments, which are established and owned by the Government of India or State governments of India.The public sector undertakings are established either by nationalisation or an executive order in case of union government and state government or act of parliament in case of union government and act of state legislature in case of ...
The Power Grid Corporation of India Limited was incorporated on 23 October 1989 [5] under the Companies Act, 1956 with an authorized share capital of Rs. 5,000 Crore (subsequently enhanced to Rs. 10,000 Crore in Financial Year (FY) 2007–08) as a public limited company, wholly owned by the Government of India with 51.34% stake in the company as on 31 December 2020 and as principal electric ...
It was founded on 14 August 1956 by the Government of India. In November 2010, the Government of India conferred the Maharatna status to ONGC. In a survey by the Government of India for fiscal year 2019–20, it was ranked as the largest profit making Central Public Sector Undertaking (PSU) in India.
Website: 11: Tamil Nadu Paints And Allied Products Limited (TAPAP) 1963: Chennai: Micro, Small and Medium Enterprises: Paints And Allied Products Manufacture: Subsidiary of TANSI: Website: 12: Tamil Nadu Polymer Industries Park Limited (TNPIP LIMITED) 13: Madurai Thoothukudi Industrial Corridor Development Corporation Limited (MTICD Limited)
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It is also an ISO 9001:2000 certified company [4] and enjoys the status of Maharatna PSU in India. On 6 December 2018, the Government of India approved PFC's takeover of REC. [5] The acquisition transaction was completed on 28 March 2019 with PFC paying almost Rs. 145 million to the government of India for the 52.63% stake.