Wednesday, July 11, 2012

Govt plans to revive 5 PSUs with huge fund infusion

Plans to revive five public sector units (PSUs) at a total investment of Rs.4,575 crore are under active consideration of the government which will  revive Lucknow-based Scooters India, HMT, HMT Bearings, HMT Watches, newsprint maker NEPA and Nagaland Pulp and Paper — will be revived through the induction of funds by the government.
In the case of Scooters India Ltd (SIL), the government's plan changed from offering it for outright sale to reviving on its own.

No comments:

Post a Comment

Worth reading