scorecardresearch
Tuesday, September 2, 2025
TopicPublic sector units

Topic: Public sector units

Five debt defaults, two NPAs & 100% value erosion. MTNL barrels towards a major financial crisis

Since 2019, govt has pumped Rs 3.22 lakh crore into MTNL & BSNL. Both remain in losses. MTNL has begun to default on loans & bond payments, possibly the first large PSU to become NPA.

Only 8 PSUs’ disinvestment is complete out of 36 selected in 2016, govt tells Lok Sabha

In written reply, MoS Finance Bhagwat Karad listed status of every PSU that was selected. He explained why process has been halted in some, while others are caught in litigation.

On Camera

Road building is a money-making racket in India. And we have a very short memory

We get very angry when rain disrupts our lives and brings our cities to a halt, but by the time the elections come around, we have forgotten how angry we were.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Real-time, all-climate’ explosives detector could enhance airport & border security—no dogs, no swabs

Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points. 

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.