Public Sector Enterprises News - Latest Updates & Headlines
Centre gets record dividend of Rs 74,106 crore from PSUs
New Delhi, April 2: The government has received a record Rs 74,016 crore as dividends from Central public sector enterprises in financial year 2024-25 which is 16 per cent higher than the corresponding figure of Rs 63,749.3 crore in 2023-24, according to the latest data compiled by the Department of Investment and Public Asset Management.
Centre elevates IRCTC, IRFC to Navratna status
New Delhi, March 3: The Central government on Monday upgraded the Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) to the prestigious status of Navratna Central Public Sector Enterprises (CPSE) as the performance on key parameters such as net profit and net worth of the two companies have risen to meet the required eligibility criteria.