Why bsepsu.com?
There is now a renewed focus on disinvestments in India.
PSUs or Public Sector Undertakings (Click here for types of PSUs) are among the largest and most profitable organisations in India. As on 30 April 2012, of the total of 248 Central Public Sector Enterprises (CPSEs) and subsidiaries of CPSEs, only 48 were listed. 45 of these were listed at BSE, which constituted 20% of the total market capitalisation of 4974 companies listed at BSE. In addition, 28 Public Sector Banks (PSBs) with their subsidiaries and 6 State Level Public Enterprises (SLPEs), accounted for another 6% of the total market capitalisation at BSE. Thus all PSUs together constituted 25.9% of the total market captalisation at BSE or Rs. 15.97 lakh crore (Click here for details).
The Government announced that with effect from April 2009, all proceeds from disinvestment would be