Psu
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Navratna defence PSU stock gains after two days of consecutive falls- Here's why
February 10, 2025 10:49 ISTNavratna defence PSU stock in focus: BEL has a market cap of Rs 99,000 crore. the 52-week high of the counter is Rs 340.35.
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NBCC Dividend 2025: Record date changed, here's all you need to know
February 06, 2025 13:01 ISTNBCC Dividend 2025: Meanwhile, the counter opened in green at Rs 95.77 on the BSE against the previous close of Rs 95.06.
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Over 2 lakh jobs 'eliminated' from PSUs, claims Rahul, asks do jobs decrease in progressing country
Politics | June 18, 2023 11:47 ISTRahul Gandhi said that the Public Sector Undertakings (PSUs) used to be the pride of the country and alleged that they are 'not the priority of the government'. He asked if the jobs 'decrease in a progressing country'.
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Bank of Maharashtra tops list of PSU lenders in credit growth in Q2
Business | November 13, 2022 13:49 ISTAs per the analysis, gross NPAs reported by BoM and SBI were 3.40 per cent and 3.52 per cent of their total advances, respectively, in the second quarter.
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Pakistan-based hackers targeting critical infrastructure PSUs in India
India | July 09, 2021 14:58 ISTIn October 2020, reports surfaced that Pak-based Advanced Persistent Threat groups targeted Indian defence units.
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Equities trade higher, Tata Steel up 7.5%
News | May 07, 2021 18:40 ISTEquity frontline indices closed in the green on Friday fuelled by expectation that the second COVID-19 wave will peak this month and the economy will rebound quickly.
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Equity indices close flat, JSW Steel up 9 pc
News | April 29, 2021 18:44 ISTEquity benchmark indices trimmed early gains to close flat on April 29 after traders booked profit in auto and financial scrips amid economic uncertainty.
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Govt unlikely to continue with zero-coupon bond route to recap PSU banks
Business | March 28, 2021 12:02 ISTThe first test case of the new mechanism was a capital infusion of Rs 5,500 crore into Punjab and Sind Bank by issuing zero-coupon bonds of six different maturities last year.
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Govt has no business to be in business, says PM Modi as he stresses on privatisation of PSUs
India | February 25, 2021 0:07 ISTSpeaking at a webinar on privatisation by the Department of Investment and Public Asset Management (DIPAM), Modi said the Budget has given a clear roadmap to take India to a high growth trajectory.
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Opening Bell: Equities begin New Year with positive ring
News | January 01, 2021 13:20 ISTEquity benchmark indices began the first trading session of year 2021 on a positive note with the possibility of touching new height.
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AGR case: Govt detaches GAIL, OIL, other PSUs from telecom firms
Business | March 04, 2020 18:28 ISTThe government has detached gas utility GAIL India, explorer Oil India and other PSUs from a Supreme Court order that had led to Rs 1.47 lakh crore being sought from telecom firms such as Bharti Airtel and Vodafone Idea in past dues, the Lok Sabha was informed on Wednesday.
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Free WiFi to continue after Google partnership ends: Railways
Business | February 18, 2020 13:09 ISTA day after the Google announced that it is gradually winding down its free public WiFi Station programme, currently available at 415 railway stations in India, the Railways has assured the continuation of the free WiFi services at these stations.
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RSS-backed union demands end to privatisation of PSUs
Business | December 28, 2019 22:01 IST“The government must stop disinvestment, strategic sale, corporatisation and privatisation of public sector undertakings. The PSUs are the backbone of the Indian industrial structure and government must stop policy-driven privatisation of the same,” the RSS-affiliated union said
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Fuel payment issues with oil PSUs will be resolved early: Air India
Business | October 13, 2019 16:05 ISTState-owned Air India on Sunday said the aviation jet fuel payment issues are being sorted out and will be resolved soon with the oil PSUs, which have warned the carrier of snapping supplies at six key airports if it does not make monthly lump sum payment by October 18.
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Fuel payment issues with oil PSUs will be resolved early: Air India
Business | October 13, 2019 14:43 ISTThe airline also "assured" its customers of smooth operations, saying it has taken all the measures in the eventuality of the two sides failing to reach an understanding on the issue.
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Dipam, Niti Aayog aim to cut govt stake in select CPSEs to below 51%
Business | September 29, 2019 11:37 ISTThe government will start consultations soon with Niti Aayog and Energy and Petroleum Ministries to bring down its equity holding below 51 per cent, including change of norms and modes of doing the stake dilution in very few select PSUs, to begin with.
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Yechury likens PSUs privatisation to selling family silver
India | September 27, 2019 13:24 ISTHe also alleged that while Modi was busy campaigning for US President Donald Trump, he was also "dismantling" India's Constitutional order.
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It's official! 23 PSUs up for strategic disinvestment
Business | July 24, 2019 10:34 ISTThe Narendra Modi government has decided to go for strategic disinvestment of 23 Public Sector Undertakings (PSUs). The budget estimate for the move in 2019-20 has been set at Rs 1,05,000 crore.
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After banks, government may recapitalise PSU insurers prior to restructuring
Business | July 10, 2019 13:01 ISTThe quantum of capital support would be worked out post EY gives its report, though DIPAM sources said that anywhere between Rs 9,000 crore and Rs 10,000 crore capital support would be required for the insurers to bring them in pink of health.
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Infra PSUs can hope for reintroduction of tax-free bonds to raise capital
Business | June 16, 2019 9:25 ISTIf one sector which is likely to get maximum Budget focus after social sectors in the upcoming Budget, it is infrastructure, said the sources.
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