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TREND | 01 Oct 2024

Coal India production drops marginally by 1% in Sep to 50.9 mn tonne

Business Standard

State-owned CIL's coal production dropped marginally by 1 per cent to 50.9 million tonnes (MT) in September. The coal behemoth, which accounts for over 80 per cent of the domestic coal output, produced 51.4 MT in the corresponding month of the previous fiscal year, Coal India Ltd (CIL) said in a filing to the BSE. However, the PSU's coal output in the April-September period of the current fiscal year increased 2.5 per cent to 341.5 MT, over 332.9 MT in the year-ago period. The amount of coal supplied from the pitheads of Coal India dropped to 54.4 MT last month, over 55.2 MT in the corresponding month of the previous fiscal year. However, the coal offtake in the April-September period increased to 366.6 MT, over 360.6 MT in the corresponding period of previous fiscal year. Coal India's production rose 10 per cent to 773.6 million tonnes in 2023-24 but fell short of its production target of 780 MT for the fiscal year. CIL's production was 703.2 MT in the preceding 2022-23 fiscal .

PSU

TREND | 27 Sep 2024

'Public Sector Continues To Dominate Our Orderbook': Capacite Infraprojects' Subir Malhotra

NDTV Profit

PSU

TREND | 26 Sep 2024

At close to Rs 22,000 crore, PSU dividends remain robust and may exceed Budget Estimates

Business Today

Indian Oil Corporation has paid the highest dividend so far at Rs 5,090.54 crore; disinvestment remains on the backburner.

PSU

TREND | 26 Sep 2024

Investors turn to bonds for higher yields amid equity risks, elevated valuations

Economic Times

Investors are turning to bond platforms like bondbazaar and indiabonds for higher yields amid equity risks and elevated valuations. These platforms offer a variety of bonds, including PSUs, tax-free bonds, and NBFC instruments, allowing investors to earn returns of 7-20% based on their risk appetite.

PSU

TREND | 24 Sep 2024

Centre considers plan of building talent pool for top roles at PSUs

Business Today

Move will help fill vacancies swiftly, ensure continuity in decision-making

PSU

TREND | 24 Sep 2024

Bank bond issuance set for all-time high of 1.3 lakh cr in FY2025: ICRA

Business Line

Public sector banks dominate fund raising through bonds as private peers focus on cooling credit-deposit ratio

PSU

TREND | 22 Sep 2024

Window for pvt entry into CPSEs open; PESB takes steps to widen talent pool

Business Standard

Over the past one year, the PESB has taken steps to expand the talent pool from which it selects candidates

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.