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PSU "Financial Aspects"

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Introduction:
The Public Sector Undertakings of Indian Government, number more than 200 commercially functioning companies. The Public Sector Undertaking companies are better known by their shorter initial form of PSU. These undertakings are divided into two parts state and central.

The Indian Public Sector Undertakings are legal business entities. These Undertakings are companies that have their management control with the Indian Government. Majority of the Public Sector Undertakings in India have their shares actively traded in the stock markets of the country. A number of PSU's are highly profitable and denoted as 'Navaratnas'. A prominent example of a navaratna is ONGC.

All Public Sector Undertakings of the Government of India does business with the aim of generating a monetary profit. The management structure of PSU's consists of a dominant partner in the form of the Indian Government. The other partners are usually not government related. These partners often take the form of persons, Persons Acting in Concert or PAC and Venture Capitalists or VC's, among others.

A Public Sector Undertaking or PSU has a number of advantages compared to its peer companies in the private sector. The PSU's have ready access to funds when required. The companies usually take the form of large corporations and support people through mass employment. Some Public Sector Undertakings catalyze the growth of townships near their factories.

The Public Sector Undertakings of Indian Government have stricter control over their finances. This may take the shape of predetermined periodic disclosures. Additional procedural activities are also observed. Taxes are paid and they are equal to its private corporate peers.

Number of Pages of Project Report: 59
Package Includes: Project Report
Project Format: Document (.doc)

Table of Contents of Project Report:
CHAPTER 1: INTRODUCTION
CHAPTER 2: THEORETICAL FRAMEOWORK
CHAPTER 3: RESEARCH METHODOLOGY
CHAPTER 4: DATA ANALYSIS AND DISCUSSION
FINDINGS
RECOMMENDATIONS
IMPLICATIONS OF THE STUDY
REFERENCES
APPENDIX


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