Author : Prabhpreet Singh Sood


First time in 5 yrs, public-sector units profits fell in 2015

First time in 5 yrs, public-sector units profits fell in 2015

Oct 23,2016 , 01:43 AM IST | Business
As many as 235 PSUs – companies in which the central government or other government companies held at least 51 per cent of shares – surveyed by the Ministry of Heavy Industries and public enterprises saw profits drop in a year that India’s economy grew 7.3 per cent over 4.7 per cent in 2013-14. “In the past,