Punjab National Bank is a central public sector undertaking under the ownership of Ministry of Finance, Government of India. It is headquartered in Delhi, India, it is under the ownership of the Ministry of Finance, government of India. The bank was founded in May 1894 and is the second largest government-owned bank in India, both in terms of its business volumes and its network. The bank has over 180 million customers, 12,248 branches, and 13,000+ ATMs.
British Physical Laboratories, doing business as BPL Ltd., is an Indian electronics company. It makes consumer electronics and health care equipment. It was founded in 1963 in Palakkad, Kerala, and is headquartered at Bangalore, Karnataka.
Syndicate Bank was one of the oldest and major commercial banks of India. It was founded by Upendra Ananth Pai, T. M. A. Pai and Vaman Srinivas Kudva. At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited. The bank, along with 13 major commercial banks of India, was nationalised on 19 July 1969, by the government of India. It was headquartered in the university town of Manipal, India. On 1 April 2020, the bank was merged into Canara Bank.
Coal India Limited (CIL) is an Indian central public sector undertaking under the ownership of Ministry of Coal, Government of India. It is headquartered at Kolkata. It is the largest government-owned-coal-producer in the world. It is also the seventh largest employer in India with nearly 272,000 employees.
Suzlon Energy Limited is an Indian multinational wind turbine manufacturer based in Pune, India. It was formerly ranked by MAKE as the world's fifth largest wind turbine supplier.
Network18 Media & Investments Limited, commonly referred to as the Network18 Group and sometimes as the Network18–Eenadu Group, is an Indian media conglomerate owned by the energy giant Reliance Industries, headed by billionaire Mukesh Ambani. Rahul Joshi is the managing director, chief executive officer and group editor-in-chief of Network18, and Adil Zainulbhai is the chairman of its board of directors.
Bharat Petroleum Corporation Limited (BPCL) is an Indian central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India. It operates three refineries in Bina, Kochi and Mumbai. BPCL is India's second-largest government-owned downstream oil producer, whose operations are overseen by the Ministry of Petroleum and Natural Gas. It was ranked 309th on the 2020 Fortune list of the world's biggest public sector undertakings, and 792nd on Forbes's 2021 "Global 2000" list. 7602258182
Hindustan Petroleum Corporation Limited (HPCL) is an Indian oil and gas refining company headquartered in Mumbai. Since 2018, ONGC has owned a majority stake in the company. The company is ranked 367th on the Fortune Global 500 list of the world's biggest corporations as of 2016. On 24 October 2019, the company became a Maharatna PSU.
Bharat Electronics Limited (BEL) is an Indian Government-owned aerospace and defence electronics company. It primarily manufactures advanced electronic products for ground and aerospace applications. BEL is one of nine PSUs under the Ministry of Defence of India. It has been granted Navratna status by the Government of India.
Hutti Gold Mines Limited (Kannada: is a company located in the state of Karnataka, India and engaged in the mining and production of gold. This was first established as Hyderabad Gold Mines in 1947. With the closing of Kolar Gold Fields in 2001, this is the one of the two companies in India which produce gold by mining and processing the gold ore, the other being Manmohan Minerals Industries Pvt. Ltd. Owned by the Government of Karnataka, HGML has two plants located in Hutti and Chitradurga. HGML mines gold from its main gold mine located in Hutti and other satellite mines.
Bengal Chemicals & Pharmaceuticals Ltd. (BCPL), formerly Bengal Chemical & Pharmaceutical Works Ltd. (BCPW), is an Indian central public sector undertaking under the ownership of Ministry of Chemicals and Fertilizers, Government of India. lt manufactures industrial chemicals, pharmaceuticals like antibiotic injectables, tablets and capsules; and household products.
Bharat Wagon and Engineering Limited (BWEL) is a Public Sector Undertaking (PSU) of the Government of India and is a subsidiary of Bharat Bhari Udyog Nigam. Established on 4 December 1978 after taking over two sick companies - Arthur Butler & Co and Britannia Engineering Company, BWEL is the largest rail wagon manufacturer in India. The administrative control of M/s Bharat Wagon & Engg Co Ltd (BWEL), Patna is transferred from the Department of Heavy Industry, Ministry of Heavy Industries and Public Enterprises to the Ministry of Railways w.e.f 13 August 2008.
Birds Jute and Export Limited (BJEL) is a Public Sector Undertaking (PSU) of the Government of India and is headquartered in Kolkata, West Bengal.
Hindustan Antibiotics Limited (HAL),is an Indian central public sector undertaking under the ownership of Ministry of Chemicals and Fertilizers, Government of India. It is based in Pune, India. It is the first government-owned-drug manufacturer in India. It was the first to launch a recombinant DNA product, rHU-Erythropoietin (Hemax) in 1993.
Mangalore Refinery and Petrochemicals Limited (MRPL), is a division of Oil and Natural Gas Corporation which is under the ownership of Ministry of Petroleum and Natural Gas of the Government of India. Established in 1988, the refinery is located at Katipalla, north from the centre of Mangalore. The refinery was established after displacing five villages, namely, Bala, Kalavar, Kuthetoor, Katipalla, and Adyapadi.
Public sector undertakings in Kerala are of two types, public sector units in which majority shares are owned by Union Government and public sector units in which majority shares are owned by State Government. Public sector undertakings in Kerala, i.e. enterprises in which majority shareholder is Government of Kerala are generally divided into Manufacturing & Non-Manufacturing. Some of the PSUs such as Kinfra, KSIDC, SIDCO etc. are promotional agencies. As of 2004 there were 104 enterprises spread over 14 different sectors of Kerala economy. These sectors are as varied as engineering, electronics to wood products & welfare agencies. Eleven units are joint venture of Kerala government with the central government. Most of state PSUs units are under Department of Industries & Commerce.
SBI Life is an Indian life insurance company which was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif. SBI has a 55.50% stake in the company and BNP Paribas Cardif owns a 0.22% stake. Other investors are Value Line Pte. Ltd. and MacRitchie Investments Pte. Ltd., holding a 1.95% stake each while the remaining 12% is free float stake with public investors. SBI Life has an authorized capital of ₹20 billion (US$250 million) and a paid up capital of ₹10 billion (US$130 million). The AuM is Rs. 2,441.8 billion.
The Board for Industrial and Financial Reconstruction (BIFR) was an agency of the Government of India, part of the Department of Financial Services of the Ministry of Finance. Set up in January 1987 by the Rajiv Gandhi government, its objective was to determine sickness of industrial companies and to assist in reviving those that may be viable and shutting down the others. On 1 December 2016, the Narendra Modi government dissolved BIFR and referred all proceedings to the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) as per provisions of Insolvency and Bankruptcy Code.
Public Sector Undertakings (PSUs) are government owned establishments in which the Government of India or State government has ownership. The public sector undertakings are established by an act of parliament by union government or act of state legislature by state government with the objective to control monopoly of the private sector entities, offer products and services at an affordable price to the citizens and for overall developmental activities in the country.
Disinvestment in Public sector undertakings in India, is a process of public asset sales done by the President of India on behalf of the Government of India. It can be directly offered for sale to the private sector or indirectly done through a bidding process. The Public Enterprises Survey (2015–16), brought out by the Department of Public Enterprises, Ministry of Heavy Industries, & Government of India on the performance of Central Public Sector Enterprises was placed in both the Houses of Parliament on 21 March 2017. There were 331 CPSEs in 2017-18, out of which 257 were in operation. The remaining 74 of the CPSEs were being established.
