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TREND | 29 Apr 2025

PSU defence stock up 4% on heavy volumes; nears record high. Do you own?

Business Standard

Bharat Electronics hit four-month high of 317.90, rallied 4 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes on a healthy business outlook.

PSU

TREND | 29 Apr 2025

The Revised LCR Framework Aftermath

NDTV Profit

Public sector banks may be disproportionately impacted due to their deposit composition.

PSU

TREND | 29 Apr 2025

Delhi Cabinet to decide on hospital staff outsourcing in a meeting today

Business Standard

The Delhi government, in a meeting scheduled on Tuesday, is likely to take a call on the Health Department's proposals regarding outsourcing of staff through PSUs and equipping hospitals with MRI machines using a PPP model, official sources said. The proposals will be discussed in the Cabinet meeting chaired by Chief Minister Rekha Gupta, scheduled for 12 noon, they said. The Health Department seeks to centralise the outsourcing of staff required for documentation and other formalities at government hospitals and other health facilities of the government by roping in public sector undertakings (PSUs), they said. Presently, the hospitals and other facilities like clinics hire these personnel through private placement entities, said an official. The other proposal is regarding the installation of magnetic resonance imaging (MRI) machines through a public-private partnership to meet the growing demand for such crucial scans, he said. There is a shortage of MRI machines in government

PSU

TREND | 28 Apr 2025

For your PSUs only! Bond market's cheapest in 3 years

Economic Times

But since corporate debt is fixed with a mark-up on the benchmark bond yield to account for individual risk exposure beyond the sovereign borrower, the effective borrowing rate has taken longer to trudge durably below the 7% threshold.

Policy allowing captive port berths to PSUs by nomination likely soon

Business Standard | 27 Apr 2025

PSU

TREND | 27 Apr 2025

CPSE stocks give IPO investors massive returns in 8 years; Mazagon Dock tops list with 3,700%

Business Line

Mazagon Dock, which listed on bourses in 2020 at an issue price of 145, was trading at 5,510.2 a share on April 22, 2025

PSU

TREND | 22 Apr 2025

PSU banks lead incremental credit while share of private banks falls

Business Standard

Although non-food credit increased at a decelerating pace of 12 per cent year-on-year (Y-o-Y), compared to 16.3 per cent a year ago, according to the bulletin

PSU

TREND | 21 Apr 2025

Army suggests correction in Defence Procurement Manual, says address tilt towards PSUs

Business Line

Private industry hails move, wants level playing field since 80% of the revenue procurement is from the defence PSUs

PSU

TREND | 21 Apr 2025

Largecaps offer stability, but real alpha lies in midcap space: Ajay Srivastava

Economic Times

Actually there is no foreign competition in any of the banks in India unlike any other sector barring telecom perhaps. So, therefore position-wise private banks look a lot better, valuation one cannot argue, there is no argument to say why you should not buy PSU banks, it is incredibly cheap but well you have to be patient with them.

PSU

TREND | 20 Apr 2025

Indian Bank to disburse Rs 20,000 crore to self-help groups in FY26

Business Standard

Public sector Indian Bank has set a target to disburse Rs 20,000 crore to Self Help Groups nationwide during the current financial year, an official said. The city-headquartered bank conducted a 'Mega SHG Credit Outreach Programme' in Bhubaneswar towards this vision. Government of India, Department of Financial Services, Secretary M Nagaraju, the bank's MD and CEO Binod Kumar and executive director Mahesh Kumar Bajaj were present on the occasion, a press release said on Sunday. As part of a pan-India initiative by the Department of Financial Services, the programme in Odisha marks Indian Bank's contribution to the national mission of empowering one crore SHG Women with 'Credit Access,' the release said. A total of 9,961 Self Help Groups received sanction letters amounting to Rs 509.91 crore providing financial support to grassroots women entrepreneurs on the occasion. The event also aligns with the government's focus on 'Viksit Bharat 2047', aiming for an inclusive growth and...

PSU

TREND | 20 Apr 2025

Law ministry stresses need to reduce litigation involving govt decisions

Business Standard

"Ineffective" implementation of decisions aimed at public good may lead to court cases as intended beneficiaries excluded from such actions may take legal recourse, the law ministry has said while highlighting the importance of reducing litigations involving the central government. The central government is a party in nearly seven lakh cases pending across courts, according to official data. According to a Union law ministry document on efficient management of litigation, the objective of various decisions and actions is to promote public good and better governance. "Sometimes their ineffective implementation may lead to the exclusion of intended beneficiaries or the unintended ones being benefited. In some cases, affected parties may perceive certain decisions as unfair and pursue legal recourse through litigation," it said highlighting the importance of effective implementation of decisions by central ministries, departments and PSUs. "Directive for the efficient and effective ..