PSU NEWS
Govt set to Close 5 sick PSUs: Report
NEW DELHI: The Cabinet is likely take a call for the closure of five more ailing PSUs including PEC and Bharat Wagon & Engineering soon. PEC, formerly Project and Equipment Corporation of India, is an export-import unit under commerce ministry; it incurred a loss of Rs 1,142 crore in FY16, while Andaman & Nicobar Forest Plant Development Corporation, another PSU identified for...
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