PSU

PSU News

The Budget should close the perpetual infancy arguments for/of PSUs as ownership neutrality makes them stronger and the securities market…

January 28, 2023 04:15 IST

Govt push towards ethanol delivers smart gains for Triveni Engineering

Going forward, the company has already announced a CAPEX of Rs 460 crore for expanding its production capacity from 660…

January 27, 2023 09:30 IST

Cyber breaches may earn PSUs hefty fines

Sensitive personal data of around 30 million IRCTC users were reportedly available on the dark web for sale.

December 31, 2022 01:10 IST

Positive on PSU space because of attractive valuations: Mittul Kalawadia, ICICI Prudential AMC

FE Online caught up with Mittul Kalawadia of ICICI Prudential AMC to understand his rationale behind the launch of a…

September 5, 2022 12:46 IST

Finance Ministry undertakes performance review of PSU banks; takes stock of financial inclusion drive

During the April-June period of the previous fiscal, state-owned banks recorded a total profit of Rs 14,013 crore.

August 30, 2022 20:37 IST

coal mine auction, mine auction, psu auction

Govt plans to auction 17 non-operational mines surrendered by PSUs

The government plans to put on auction 17 mines surrendered by public sector undertakings which could not put the blocks…

August 24, 2022 12:59 IST

Centre’s guarantees to CPSEs and other agencies at Rs 4.67 trillion by FY20

In FY20, the additional guarantees extended by the government were shown as Rs 60,907 crore or 0.3% of GDP.

August 9, 2022 03:10 IST

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HAL share price soars 40% so far in 2022; analysts see up to 51% more rally in defence PSU stock

Hindustan Aeronautics (HAL) share price has soared 40 per cent so far this year, outperforming benchmark Nifty 50 which has…

July 14, 2022 15:15 IST

HAL share price, hal share price target, hal shares

HAL share price rallies 45% YTD; this brokerage says buy, sees 22% further upside in defence PSU stock

Hindustan Aeronautics Ltd (HAL) share price has surged 45 per cent so far in 2022. The defence PSU company stock…

June 30, 2022 11:42 IST

The change in performance MoU criteria is expected to aid the government’s non-debt receipts – while m-cap improvement and buybacks will boost disinvestment (non-debt capital) receipts, dividends will bolster non-tax receipts.

Improving investor interest: Dividends, share buybacks to now govern PSU pay

Move to aid govt’s non-debt receipts

June 23, 2022 03:45 IST

The move is also expected to reduce the burden on Dipam, which could now focus on privatisation of holding companies or parent CPSEs.

More functional autonomy: Central Public Sector Enterprises to get powers to offload subsidiaries, exit joint ventures

Currently, there are about 380 PSEs (including subsidiaries), 20-30% of which may be closed for being sick or unviable. The…

May 19, 2022 04:15 IST

Central PSUs achieve 80% of FY22 capex target by Feb-end

Power producer NTPC — which is currently implementing 3,017 MW of solar projects — has fully achieved its FY22 capex…

March 10, 2022 06:20 IST

PSU stocks turning value creators after decade of underperformance; Edelweiss bets on these shares

Listed public sector companies may now be turning the page, after a decade of underperformance, to emerge as attractive investment…

July 5, 2021 11:35 IST

IPO, grey market premium, subscription status, stock market

Grey market premium highly unreliable, irrelevant; check these 2 things while applying for IPO | INTERVIEW

With a flurry of IPOs in March, it has been a busy month for Dalal Street. But while some initial…

March 26, 2021 16:49 IST

Sanjiv Bhasin’s top trading ideas for next quarter: Bet on select IT, bank stocks as yields rise | INTERVIEW

Indian share market benchmarks BSE Sensex and Nifty 50 have tumbled over 7 per cent from the all-time highs touched…

March 25, 2021 15:41 IST

FIIs could be allowed to purchase shares so that there would be no need to list these companies in international stock exchanges.

Time has come for 5-year plan to privatise PSUs & a separate ministry reporting to the PM to ensure it happens

For listed PSUs, FIIs could be allowed to purchase shares so that listing in international stock exchanges does not become…

Updated: February 17, 2021 10:17 IST

IRFC IPO: India’s 1st PSU NBFC issue opens Monday, grey market premium weak; should you subscribe?

The Rs 4,633-crore Indian Railway Finance Corporation (IRFC) initial public offer (IPO) is set to open for subscription on Monday,…

Updated: January 15, 2021 11:58 IST

PSU stocks dividend set to rise in coming years; check high dividend yield shares

Dividend yield stocks are becoming increasingly attractive for investors, helped by increasing global liquidity and declining real interest rates

December 2, 2020 16:29 IST

PSU Defence Stock on Fire: Bharat Electronics share price rallies 14% in 2 days; should you buy?

From the recent 101 items banned by the Ministry of Defense (MoD) for imports, BEL is capable of catering 55…

November 20, 2020 12:17 IST

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PSUs board seats lying vacant: ‘Independent Directors’ shying away for these reasons

There are multiple reasons why the position of an Independent Director has become a less sought option in today’s era.

February 20, 2020 15:38 IST

Privatisation of PSUs is also closely linked to the revival of India’s investment-cycle

PSUs on sale: Workers take to street to protest Modi govt’s privatisation bid

PSU Disinvestment: Central trade unions have opposed the Modi government’s proposal to shutdown the State Trading Corporation and Project &…

September 17, 2019 14:47 IST

Govt forms pay revision panel for PSU executives

Government today said it has constituted a committee for making recommendations on revision in pay scale…

June 11, 2016 07:45 IST

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