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TREND | 14 Dec 2024

Business Line

Companies whose market-cap grew the most in absolute terms and whose market-cap compounded growth rate exceeded that of Nifty 50 TRI made it to the list

PSU

TREND | 13 Dec 2024

Public sector bank loan frauds: A 10% problem, but a 98% financial crisis

Business Standard

The finance ministry's ongoing efforts aim to strengthen fraud detection, improve the speed of investigations, and ensure accountability across the banking sector

PSU

TREND | 12 Dec 2024

RVNL wins a project worth 110 crore; PSU firm's share fall 1%

Business Line

According to the exchange filing ,the nature of the project is to enhance the safety and efficiency of railway operations in the region

PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?

Business Standard | 12 Dec 2024

PSU

TREND | 12 Dec 2024

Be selective in PSUs, cement; gung-ho on 3 steel stocks: Hemang Jani

Economic Times

Market expert Hemang Jani sees strong potential in select PSUs like Bharat Electronics and HAL, along with power companies such as NTPC, particularly after its recent demerger. He also favors Bajaj Finance and cement companies, citing improving pricing and consolidation. Steel counters are also viewed positively due to anticipated stimulus from China and potential rate cuts.

PSU

TREND | 10 Dec 2024

Public sector banks' write-offs touched 7 lakh cr in FY20-FY25

Business Line

PSBs recovered over 5 lakh crore of NPA

PSU

TREND | 10 Dec 2024

Public Sector Banks Write Off Rs 42,000 Crore In Loans In First Half Of Current Fiscal

NDTV Profit

The loans written off by public sector banks during April-September of the current fiscal stood at Rs 42,035 crore, while recovery of Rs 37,253 crore was made.

PSU

TREND | 08 Dec 2024, 05:13PM

EESL, Andhra Pradesh launch 3 programmes to boost energy efficiency

Business Standard

The Government of Andhra Pradesh in collaboration with state-owned Energy Efficiency Services Ltd (EESL) has launched three transformative programmes to drive energy efficiency, environmental sustainability, and economic empowerment across the state, according to a statement. The EESL is a joint venture of PSUs under the Ministry of Power. The first programme launched, the URJAVEER, developed by EESL, aims to empower 1 lakh individuals in Andhra as "Urjaveers" ambassadors for energy efficiency who promote appliances available on EESLmart.in through affiliate-based marketing, EESL said in the statement. Under this programme, any Indian citizen aged 18 and above can register on the Urjaveer platform, complete a short skill training on energy efficiency, and promote products like BEE 5-star LED bulbs, BLDC fans, air conditioners, and induction cooktops using unique QR codes. The second initiative focuses on the distribution of energy-efficient appliances to economically vulnerable ..

PSU

TREND | 07 Dec 2024, 10:19PM

Govt to launch 'Prashasan Gaon Ki Ore' campaign to improve service delivery

Business Standard

The Centre will launch "Prashasan Gaon Ki Ore", a nation-wide campaign to redress public grievances and improve service delivery, during the good governance week from December 19 to 24, an official statement said on Saturday. In this campaign, over 700 district collectors will be participating and officials will be visiting tehsils and panchayat samiti headquarters, it said. Prashasan Gaon Ki Ore is a decentralised version of special campaign 4.0 conducted in central ministries and departments and public sector undertakings (PSUs) from October 2 to 31, 2024. This is the third time that the government of India will be conducting a national campaign at the tehsil level to address public grievances and improve service delivery, the personnel ministry statement said. The campaign will create a national movement for good governance that will inspire future generations, it added. The preparatory phase of the good governance week 2024 will start from December 11-18. To launch the progra

PSU

TREND | 05 Dec 2024

Enduring slow growth? Consumption funds promise strong long-term returns

Business Standard

Over the past year, consumption funds yielded returns of 28.6 per cent, lower than PSU (46.4 per cent), pharma (42 per cent), infrastructure (39.1 per cent), and technology (37.8 per cent)

PSU

TREND | 03 Dec 2024

Public Sector Banks Safe, Stable; Earn Rs 85,520 Crore Profit: Sitharaman

NDTV Profit

Total bank branches of scheduled commercial banks have increased by 3,792 in a year to reach 16,55,001 in September 2024.