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Public Sector Undertakings (PSUs) News
Public Sector Undertakings (PSUs)
SBI is most-valued PSU firm again, beats ONGC
Thu, Apr 20, 2017
Shares of SBI today rose by 0.25 per cent to close at Rs 284.90, while ONGC ended at Rs 179.45, down 0.22 per cent on BSE.
Cabinet to list 5 state-run insurance cos: FM Jaitley
Wed, Jan 18, 2017
Last year while announcing the Annual Budget, Jaitley had said that the government will list the state-run GICs to improve transparency and accountability.
16 of 22 public sector banks skip dividend in FY16 on mounting bad loans
Sun, Nov 20, 2016
The highest dividend was paid by SBI to government at Rs 1,214.6 crore during 2015-16, 22% lower than the previous fiscal.
Govt may fetch Rs 6,000 crore from 3 PSUs' disinvestment plans
Sun, Oct 09, 2016
The three PSUs have already announced share buyback programmes in the current fiscal.
Banking sector leads the market with nearly 2% rise on BSE
Tue, Sep 06, 2016
The banking sector on Tuesday was trading up 1.73% intraday on BSE. With the public banking sector up 1.83% and private banking sector up 1.78% at 1200 hours. (See here)
Govt expects to garner Rs 16,000 crore via disinvestment of PSUs
Sun, Aug 07, 2016
With at least one buy-back announcement from public sector undertakings (PSUs) every month, the government is expected to garner over Rs 16,000 crore in its disinvestment kitty over the next couple of months.
NITI Aayog suggests govt to close 8 loss-making PSUs
Sun, Aug 07, 2016
Tasked by Prime Minister's Office to look into viability of sick state-run companies, government think-tank NITI Aayog has identified eight public sector undertakings (PSUs) for closure after finding them unfit for revival.