Trend PSU - Latest news, views and updates

PSU

Interest

Watch

PSU

TREND | 22 Sep 2024

PSUs line up to list their green ventures on exchanges

Business Line

The move will also help the green energy venture to access cheaper funds from global markets

PSU

TREND | 19 Sep 2024

PSU banks brace for CASA recovery as fixed deposit rates decline: Santanu Chakrabarti

Economic Times

So, if you analyse why money supply or deposit growth in the last two years has not kept pace with the amount of credit that has got created, it becomes very clear that partly it is because of the external account where capital flows have not been that strong, but mostly is because RBI has gone from maintaining an excess liquidity situation into a liquidity shortfall.

PSU

TREND | 18 Sep 2024

Mazagon Dock Shipbuilders shares to trade ex-dividend tomorrow

Economic Times

Shares of defense PSU Mazagon Dock Shipbuilders are in focus today, as the company has set September 19 as the record date for determining shareholder eligibility for dividend payments. Consequently, today is the last opportunity to purchase shares to qualify for the announced dividend of Rs 12.11 per share, which was declared earlier in May for the financial year 2023-24.

PSU

TREND | 17 Sep 2024

Nifty Financial Services in 'overbought' zone; PSU Bank eyeing pullback

Business Standard

Stock market trading strategy: The NIFTY PSU Bank Index is currently showing a downtrend in the near term, indicating a temporary pullback within its overall long-term bullish trend

PSU

TREND | 13 Sep 2024

Parl panel to check insurance sector PSUs, solar corporations's performance

Business Standard

A parliamentary panel, mandated to examine accounts of central public sector undertakings, will scrutinise the performance of insurance sector PSUs and solar power corporations. The Committee on Public Undertakings (CoPU) will also examine the performance of the National Scheduled Castes Finance and Development Corporation (NSFDC). The panel headed by BJP's Baijayant Panda will also evaluate the performance of Sagarmala Development Company Limited (SDCL). With the government's push for renewable energy as the engine of growth, the parliamentary committee will hold a comprehensive performance of Solar Energy Corporation of India Limited (SECI), according to the list of subjects selected by it. The committee selects from time to time for examination such PSUs or subjects as it deems fit. The ministry or the undertaking concerned is asked to furnish necessary material relating to those subjects for information of the members.

PSU

TREND | 12 Sep 2024

Maritime Development Fund may set sail with foreign kitty, PSU push

Business Standard

Centre looking for equity commitments to the Rs 30,000 crore maiden fund

PSU

TREND | 12 Sep 2024

Indian Oil to provide scholarships, medical insurance to para athletes

Business Standard

Public Sector Undertaking (PSU), Indian Oil Corporation on Thursday promised to provide monthly scholarships and medical insurance to the country's para athletes after their stupendous show at the just-concluded Paris Paralympics. The Indian contingent made history by securing 29 medals, including seven gold, nine silver and 13 bronze, marking the nation's best-ever performance at the Paralympics in Paris. Pankaj Jain, secretary, Ministry of Petroleum and Natural Gas, expressed his admiration for the para athletes and announced that Indian Oil will be further enhancing its support by introducing monthly scholarships, medical insurance, and sports kits for para athletes. "This historic performance is a testament to the resilience and determination of our para athletes," V Satish Kumar, Chairman and Director (Marketing), IndianOil, said during a felicitation function here on Thursday. "IndianOil is proud to have supported them on this incredible journey, and we remain committed to ..

PSU

TREND | 12 Sep 2024

NBCC, MTNL sign pact for Rs 1,600 cr worth housing-cum-commercial project

Business Standard

State-owned NBCC (India) Ltd has signed an initial pact to develop a Rs 1,600-crore worth housing-cum-commercial project on a 14-acre land parcel owned by MTNL on Pankha Road in the national capital. In a statement on Thursday, NBCC said that it has signed a Memorandum of Understanding (MoU) with Mahanagar Telephone Nigam Ltd (MTNL) to collaborate and "develop a prominent land parcel of MTNL measuring approximately 13.88 acres located on Pankha Road, New Delhi." This project aims to transform the land into a state-of-the-art residential/ commercial space, leveraging the expertise and resources of both organizations. "The project is valued at Rs 1600 crore approximately," NBCC said. The MoU was signed in the presence of K P Mahadevaswamy, CMD, NBCC, A Robert J. Ravi, CMD, MTNL. MTNL, a leading public sector telecommunications company and NBCC, a Navratna enterprise under the Ministry of Housing & Urban Affairs, have committed to this development project. "NBCC will act as the...

PSU

TREND | 11 Sep 2024

BEL secures orders worth 1,155 cr

Business Line

The Bengaluru-based PSU received an Rs 850 crore order from Cochin Shipyard Ltd

PSU

TREND | 10 Sep 2024

PSU oil majors power up EV revolution with charging network expansion in FY24

Business Line

Collectively, companies established nearly 17,000 charging stations nationwide with further acceleration expected in the coming years