Trend PSU - Latest news, views and updates

PSU

Interest

Watch

PSU

TREND | 01 Feb 2025

PSU stocks tumble up to 8% as Budget 2025 lowers FY25 capex to 10.18 lakh crore

livemint

Union Budget 2025 reduced capital expenditure to 10.18 lakh crore triggers significant losses in PSU stocks, particularly in railways, defense, and banking sectors.

PSU

TREND | 01 Feb 2025

'Replace PSU dividend pressure with sovereign wealth fund': Compcircle's Kondawar proposes strategic pivot

Business Today

India already has a sovereign wealth fund in the form of the National Investment and Infrastructure Fund (NIIF), but Kondawar's proposal hints at scaling this concept further. His suggests a more robust, globally active fund, backed by domestic financial giants like LIC.

PSU

TREND | 29 Jan 2025

Public sector banks to lend 10 lakh Cr by 2030 to RE sector: DFS Secretary

Business Line

The DFS Secretary flagged issues that are adversely impacting financing of renewable energy (RE) projects by banks and financial institutions.

PSU

TREND | 29 Jan 2025

Cabinet approves National Critical Minerals Mission with 16,300 cr outlay; additional 18,000 cr to be raised from PSUs

Business Line

The Mission, now valued at 34,000 crore, is the largest push by the Centre Modi government towards pushing greentech and ensuring mineral security

Cabinet Hikes Ethanol-Procurement Price For Public Sector OMCs

NDTV Profit | 29 Jan 2025 1 more

PSU

TREND | 28 Jan 2025

Indian wind major Suzlon posts 91% profit jump in Q3

Business Line

The company's order book reached an all-time high of 5.5 GW, with Commercial & Industrial (C&I) and Public Sector Undertaking (PSU) customers now accounting for approximately 80 per cent of total orders

PSU

TREND | 28 Jan 2025

Dividend-paying oil PSU stock declares Q3 results 2025 date. Details here

livemint

Oil India Ltd will announce its Q3FY25 financial results on February 7, 2025. A board meeting is scheduled to approve the unaudited results for the quarter and nine-months ending December 31, 2024, following a strong performance in the previous quarter.