Page 3 of PSU

Top dividend-yield PSU shares: Coal India, Oil India, PTC India, and more

Coal India, Oil India, and PTC India shares were among the top dividend-paying PSU scrips, with respective yields of 8.2%,…

October 5, 2023 12:43 IST

Top dividend-yield PSU shares in last 1 year: Coal India, ONGC, REC, and more

Indian Railway Finance Corporation and Bank of Maharashtra were at the bottom of the Axis Securities’ list with a 4%…

Updated: July 19, 2023 16:51 IST

Highest dividend-yield PSU shares: Coal India, ONGC, Oil India, Power Grid, GAIL (India)

Coal India and ONGC were the highest dividend yielding PSU shares over the past twelve months, according to an Axis…

June 19, 2023 09:42 IST

After Reliance-bp, Nayara Energy sells petrol, diesel at Re 1 less than PSUs

“To further stimulate domestic consumption and cater to local customers better, we have introduced a Re 1 discount in our…

Updated: May 30, 2023 14:42 IST

Bank of Maharashtra tops PSU lenders chart in profit and loan growth in FY23

The Pune-headquartered lender also recorded highest growth in profitability with bottomline growing almost 126 per cent to Rs 2,602 crore…

May 25, 2023 12:05 IST

Making of India’s Maharatna PSUs: The journey of these government companies to becoming crown jewels

The journey from PSU to Maharatna PSU is often spread over the course of decades. Here’s a look at when…

Updated: April 26, 2023 11:05 IST

Once a PSU, always a PSU

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

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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

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3 Buy recommendation by Jefferies with upto 27% upside potential

Flipspaces raises additional $15 mn in expanded Series C, takes total to $50 mn

Business1 hr ago

Interior design startup Flipspaces has raised $50 million in its Series C round, with $15 million from new investors. The funds will be used to expand operations, enhance technology and supply chain, and possibly acquire other companies. This reflects the increasing investor focus on proptech, along with other real estate startups.

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