PSU NEWS UPDATE

August 25, 2020

1. NEW DELHI: GAIL became the first PSU to acquire shale gas acreage in the USA.

2. NEW DELHI .  ONGC board to consider proposal to raise Rs 45,000 crore next week. Money Control.com

3. NEW DELHI.    No need to approach govt for capital;bank to raise funds from market: PNB MD

4. NEW DELHI .  Govt may ask passengers flying out of India to get Covid test before flight. Indian Express

5. NEW DELHI . Divestment news attracts investors to govt companies; PSU stocks gain-Business Standard

6. LUCKNOW. Power employees serve strike notice against UP govt’s move to privatise Purvanchal discom-The Financial Express

7. NEW DELHI .  Privatisation of some PSBs will not harm the banking sector: SBI chief. Business Line

8. NEW DELHI.   PNB offers a one-time loan restructuring option to corporate, retail loan borrowers. MINT

9. NEW DELHI.  PSEB did not find any suitable candidate for the for the post of Director ,Finance, SCI

Compiled by PSU CONNECT