#psu
Shipping Corporation of India expects Rs 2,000 crore profit this fiscal: Sarbananda Sonowal
Shipping Corporation of India expects profit after tax to exceed Rs 2,000 crore in FY27, Union Minister Sarbananda Sonowal said Friday. The Navratna PSU plans to expand its 58-vessel fleet by procuring more than 34 vessels through petroleum-sector joint ventu…
PSUs in NSE IPO: How much did SBI, other government entities make in India’s second largest offer?
Ten public sector entities, led by SBI and New India Assurance, unlocked a combined profit of nearly Rs 12,802 crore through the Rs 22,562 crore NSE IPO offer for sale. Listed at Rs 1,800, NSE became India's ninth-largest listed firm with a Rs 4.63 lakh crore…
NSIL CMD post up for grabs again after 10-month selection process fails
Science News: BENGALURU: The govt is once again looking for a chairman and managing director (CMD) for Space PSU NewSpace India Limited (NSIL), the commercial arm o.
Tata Sons stays, 4 more PSUs enter NBFC upper layer
India Business News: MUMBAI: Reserve Bank of India on Thursday released the revised list of upper layer NBFCs for FY27 under the scale-based regulation framework, expandin.
GRSE shares jump 5% after PSU conferred 'Navratna' status. What this means for the warship-maker?
GRSE shares surged nearly 5% after the defence PSU was granted Navratna status, boosting investor sentiment. The status allows greater financial autonomy for expansion. Strong revenue and profit growth over recent years, along with capacity expansion plans, p…
Coal India shares slide 6% after PSU prices Rs 5,000 crore OFS at 10% discount
Coal India shares dropped after the government announced plans to sell up to a 2% stake in the company through an Offer for Sale (OFS). The floor price was set at Rs 412 per share, about 10% lower than the previous NSE closing price of Rs 458.15.
'I quit Rs 19 LPA govt job': NIT engineer resigns from BPCL citing lack of basic facilities, long hours and toxic bosses
NIT Kurukshetra engineer Sourabh Mittal has left his BPCL job despite a reported ₹19 lakh annual package, drawing attention online amid growing discussions on PSU work conditions and job satisfaction. He claimed difficult working conditions, poor facilities, …
Market in consolidation phase, break above 24,600 crucial for trend shift: Gautam Shah
Indian stock markets are seeing a shift. Leadership is narrowing, with energy, PSU, metals, real estate, and pharma sectors poised for growth. The auto sector faces pressure. Broader indices may consolidate. Investors should focus on specific sectors and comp…