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Company name when it was a PSU Privatised/Acquired/Merged (year) Present owner 1: The Madras Aluminium Company Limited (MALCO) 2004: Vedanta Resources: 2: Hindustan Teleprinters Limited: 2001: HFCL: 3: Bharat Aluminium Company: 2001: Vedanta Resources: 4: Hindustan Zinc: 2001: Vedanta Resources (64.92%), Government of India (29.54%) 5: Modern ...
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.
Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking [3] engaged in raising financial resources for expansion and running through capital markets and other borrowings. [ 4 ] [ 5 ] The Government of India owns a majority stake in the company, while the Ministry of Railways has administrative control.
Rail Vikas Nigam Limited (RVNL) is an Indian central public sector enterprise (PSU) which works as the construction arm of the Ministry of Railways for project implementation and transportation infrastructure development. It was incorporated in 2003 to meet the country's surging infrastructural requirements and to implement projects on a fast ...
Titagarh Rail Systems Limited–Ramkrishna Forgings JV: Ramkrishna Forgings and Titagarh Wagons consortium emerged as the lowest bidder for manufacturing and supply of approximately 1.6 million forged wheel discs for different rolling stocks of Indian Railways over a period of 20 years at about 80,000 wheels per annum.
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What a crazy year it's been for investors. The S&P 500 jumped up more than 8% by May, only to turn around find itself down more than 10% in August, mainly a result of the European debt crisis and ...
Shares of Union Pacific Corp and Norfolk Southern rose on Thursday after major U.S. railroads clinched a tentative deal with unions for better pay and working conditions, narrowly averting a rail ...