Trend PSU - Latest news, views and updates

Disinvestment as a policy was launched in the early 1990s to bolster revenue and use the reduced government stake in PSUs to help enhance their autonomy

PSU

TREND | 24 Jun 2025

Will the government's newfound zeal to push stake sales in CPSEs succeed?

Business Standard

Centre looks to step up stake sales in CPSEs to meet Sebi's MPS norms, revive strategic disinvestment, and boost market discipline amid legal hurdles, execution delays, and limited investor appetite

PSU

TREND | 24 Jun 2025

HCL to bid for critical mineral blocks with IOCL, GAIL, RITES: Official

Business Standard

Hindustan Copper Ltd , a Miniratna CPSE under the Ministry of Mines, plans to bid for critical minerals and rare earth element blocks along with other PSU's like Indian Oil Corporation Ltd (IOCL), GAIL (India) and RITES as part of its diversification strategy, a top official said. The copper company will soon enter into non-binding agreement with IOCL and GAIL (India) Ltd for this purpose. "Hindustan Copper (HCL) will participate in the auctions which will be coming up not only for copper blocks but also for blocks pertaining to critical minerals and rare earth minerals. "For example, if there is a critical mineral block or REE put up for auction by the Ministry of Mines & State Government, we will evaluate them and then HCL plans to tie up with PSUs on case to case basis to bid for those blocks, "Sanjiv Kumar Singh, Chairman and Managing Director, HCL told PTI in an interview. The company also plans to enter into pact with Coal India Ltd (CIL) for taking part in activities...

PSU

TREND | 23 Jun 2025

Yield on AAA-rated PSU bonds breaches 7% as long-term rates firm up

Business Standard

Notably, REC Limited raised 2,865 crore through 10-year bonds at a coupon rate of 7.06 per cent

PSU

TREND | 23 Jun 2025

Delegation from Chile in India to visit various units of Hindustan Copper

Business Standard

State-run Hindustan Copper Ltd (HCL) on Monday said a delegation of mining experts from Chile will visit various units of the PSU over the next three weeks to assess mining and operational aspects and explore opportunities for knowledge sharing and value addition. This comes after a memorandum of understanding (MoU) between HCL and CODELCO in the presence of the Prime Minister Narendra Modi and President of Chile Gabriel Boric Font, in April. "HCL welcomed a delegation from CODELCO (Corporacin Nacional del Cobre), the state-owned copper mining company of Chile, in New Delhi early today. In a first-of-its-kind mission in India, experts from the Chilean Copper major will be visiting all HCL units and offices across the country to assess various mining and operational aspects," the PSU said in a statement. The pact focuses on sharing knowledge and best practices to facilitate exploration, mining, and mineral beneficiation, along with employee training and capacity building. Mines...

PSU

TREND | 23 Jun 2025

PSU defence stock joins 3-trn market cap club; zooms 65% from April low

Business Standard

BEL share price: With a market cap of 3.03 trillion, BEL stands at 25th position in the overall market cap ranking of the BSE listed companies

PSU

TREND | 20 Jun 2025

This PSU stock zooms 100% from March low; hits over 10-month high today

Business Standard

Shares of BEML hit an over 10-month high at 4,697, zooming 10 per cent on the BSE in Friday's intra-day trade amid heavy volumes.

PSU

TREND | 19 Jun 2025

IT, PSU banks drag markets amid unclear Fed stance, Israel-Iran tensions

Business Standard

The Nifty IT index fell over 1 per cent, dragged by OFSS, LTIMindtree, Coforge, Tech Mahindra, Persistent and Mphasis falling up to 3.2 per cent