Government company is owned by whom?
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In India, a state-owned enterprise is termed a Public Sector Undertaking (PSU) or a Central Public Sector Enterprise (CPSE). These companies are owned by the Union Government, or one of the many state or territorial governments, or both. The company equity needs to be majority owned by the government to be a PSU
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A government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government. Their legal status varies from being a part ofgovernment to stock companies with a state as a regular stockholder.
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