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TREND | 23 Aug 2024

Business Line

With PSU stocks catching the market's fancy, this ETF has seen its NAV more than double from 47 a year ago to over 102.8 now

PSU

TREND | 23 Aug 2024

Kumaraswamy hails CPSEs for contributing to Chandrayaan-3 on Space Day

Business Standard

As the country celebrated its first ever National Space Day commemorating the soft landing of ISRO's Chandrayaan-3 on the lunar surface on Friday, Union Minister for Steel and Heavy Industries H D Kumaraswamy recalled the contributions of four Central Public Sector Enterprises (CPSE) in making India's lunar mission a success. The union minister said these CPSEs under his ministry had proudly contributed to achieving the milestone. "Four CPSEs under MHIInstrumentation Ltd. (IL), FCRI, Bharat Heavy Electricals Ltd. (BHEL), and Hindustan Machine Tools (HMT)supplied essential products that were integral to the success of Chandrayaan-3," Kumaraswamy said in a post on 'X'. He also said that the National Space Day celebration is a testament to the dedication and hard work of ISRO's scientists and engineers, and the collaborative efforts of our nation's industries. On this day a year ago, India achieved a major feat in its Space programme when its Chandrayaan-3 made a soft landing on the .

PSU

TREND | 22 Aug 2024, 09:49PM

PSUs set to issue long term bonds worth Rs 5,000 cr to meet investor demand

Business Standard

None of the companies replied to Reuters emails seeking comments. The merchant bankers did not want to be named because they are not authorized to talk to media

PSU

TREND | 21 Aug 2024, 07:17PM

BPCL Launches Aerial Seeding Initiative For Afforestation In Bihar

NDTV Profit

The project, dubbed 'Aranya,' will see the deployment of 1,00,000 seedballs across three key forest regions in the state, covering an area of 50 hectares, the PSU said in a statement.

PSU

TREND | 20 Aug 2024

Centre plans big push for Bharat Small Reactors, plan includes allowing PSU-run nuclear power plants

Business Line

Target is to deploy 50 BSRs each in India and abroad within 10 years

PSU

TREND | 20 Aug 2024

Q1 FY25 Results Review - Muted Quarter, As Expected: Motilal Oswal

NDTV Profit

Industrials and capex, consumer discretionary, real estate, and PSU banks are the brokerages' key preferred investment themes.

PSU

TREND | 16 Aug 2024

Hindustan Aeronautics share price rises 2% as profit rallies 77% in Q1

Business Standard

The Navratna company's stock has more than doubled investors' money, rallying 143.29 per cent in the last one year, according to BSE analytics

PSU

TREND | 15 Aug 2024

NMDC Steel hits million-mark

Business Line

Public sector unit produces one million tonnes liquid steel within year of launch

Russian crude oil imports by public refiners at 12-month high in July

Business Line | 14 Aug 2024

PSU

TREND | 14 Aug 2024

Is there value and scope for outperformance in HPCL, BPCL & IOC? Dipan Mehta answers

Economic Times

Dipan Mehta from Elixir Equities discussed the investment potential of oil PSUs like HPCL, BPCL, and IOC, highlighting their earnings volatility. He noted the valuation compression in PSU sectors such as mining and engineering, and suggested potential in PSU banks. Mehta remains cautious, preferring to wait for a market correction before making new investments.

PSU

TREND | 14 Aug 2024

Best of BS Opinion: The PSU disconnect, Rethinking Broadcast Bill, more

Business Standard

Here is the best of Business Standard's opinion pieces for today

The PSU disconnect

Business Standard | 13 Aug 2024