Difference between public/government co

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Government Company is a company in which more than 50% of shareholding held by state,central,local government.

Public company means other than private & Government company because it cannot explain in short.

 

Replies (6)

Public Company Means A Large General Public Have Holding in That Company.

Also Called PSU.

Originally posted by : sai kiran mulukalla

Government Company is a company in which more than 50% of shareholding held by state,central,local government.

Public company means other than private & Government company because it cannot explain in short.

 

Besides legal positions

 

Today i read a news in paper about Indian public sector companies. A chinise researcher concluded that Indian public sector is a disaster and obstacle in fast growth and i am totally agree with him.

yes sai kiran..u r correct...thanks fr sharing....cheekysmileycool

hey frnds

according to my knowledge :-

In India, public sector undertaking (PSU) is a term used for a government-owned corporation (company in the public sector). The term is used to refer to companies in which the government (either the Union Government or state or territorial governments, or both) owned a majority ( more than 50 %) of the company equity, Which is also called Government company.

a public company is one in which general public having holding..

in my opinoin  CA AYUSH AGRAWAL is wrong in saying that a public company is PSU. Reliance, infosys all are public companies but not PSU. but BHEL SAIL are PSU.


 

Originally posted by : CA Gopal Somani

hey frnds

according to my knowledge :-

In India, public sector undertaking (PSU) is a term used for a government-owned corporation (company in the public sector). The term is used to refer to companies in which the government (either the Union Government or state or territorial governments, or both) owned a majority ( more than 50 %) of the company equity, Which is also called Government company.

a public company is one in which general public having holding..

in my opinoin  CA AYUSH AGRAWAL is wrong in saying that a public company is PSU. Reliance, infosys all are public companies but not PSU. but BHEL SAIL are PSU.


 

Yes, Gopal,U R Rite, PSU is Not Public Company, I Written Wrongly, Even I Wondered How I Written That y Mistake

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