Tag: PSU (Public Sector Undertakings)

PM Modi to interact with young innovators at Smart India Hackathon ’24 grand finale today

According to the Prime Minister's office, PM Modi will join the event at 4.30 pm today via video conferencing.

December 11, 2024

PSU stocks to give 30 pc annual dividend of profit or 4 pc of net worth to shareholders

Additionally, CPSEs can issue bonus shares if their reserves exceed 20 times the paid-up equity share capital.

November 19, 2024

FM Nirmala Sitharaman to meet PSU Banks, RRBs heads for performance review on August 19

This meeting aims to evaluate key financial metrics and the effectiveness of various government schemes, ensuring that these financial institutions are aligned with the economic goals.

August 18, 2024

Indian Oil PSU’s have global presence with net investments of USD 40.6 bn, across 21 countries: Hardeep Puri

These Indian PSUs have established a significant presence globally, with a total of 45 assets spread across 21 countries.

July 17, 2024

India’s defence manufacturing surged 16.8 pc in FY24, says Rajnath Singh

Singh highlighted that the total value of defence production reached Rs 1,26,887 crore this year, up from the previous year's figures.

July 5, 2024

Markets surge to record highs: Nifty tops 24,050, Sensex nears 79,500; Media-PSU Bank stocks drive gains

Among the sectoral indices on NSE, Nifty Bank, Financial services, FMCG, IT, Media, Metal, Pharma, Realty, Healthcare, Oil and gas, and consumer durables started in the green territory.

June 28, 2024

Sensex falls 659 points; Auto, PSU stocks drag market

Nifty small cap was down by 335 points or 2.08 per cent at 15,771 points and the Nifty mid cap was down by 763 points or 1.54 per cent at 48,769 points.

May 13, 2024

‘Ulta Chor Kotwal Ko Daante’, says FM Nirmala Sitharaman refuting opposition’s claim on PSU’s

Nirmala Sitharaman also said that the Congress had made false claims also concerning people losing jobs after disinvestment.

May 8, 2024

PSU stocks among top gainers in trade

Infrastructure stocks are also gaining with the index up by 1.6 per cent. CESC is up more than 4 per cent, NTPC is up 2 per cent.

May 2, 2024

Coal sector PSUs surpass target with Rs 22,448 crore CAPEX in 2023-24

The coal PSUs have also achieved an asset monetisation of Rs 55148.33 crore till February this year to outperform the target of Rs 50,118 crore fixed by the government for monetising unutilised assets during 2023-24.

March 9, 2024