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DAC capital acquisition of Rs 1.4 trn to boost defence PSUs: Report

The decision of the Defence Acquisition Council (DAC) to accept 10 capital acquisition proposals wo…

ANI   


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India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter

Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …

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Govt may infuse capital in PSU general insurers in Q4 based on performance

Finance Ministry would consider capital infusion in three loss-making public sector general insuran…

PTI   


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Amid market volatility, Sensex and Nifty close flat; Construction, automobile and PSU banks outperform

The stock market closed flat on Tuesday amid volatility. The benchmark index, Sensex, ended 33.48 p…

ANI   


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The PSU rally is likely to continue as stocks still at 40% discount to Nifty50

The Public Sector Undertaking (PSU) stocks have been rallying with several seeing a bull run especi…

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1 min read

High valuations of the market creeping into PSU stocks, say analysts

The overall high valuations of the market is creeping into PSU stocks too. If the markets correct s…

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1 min read

BHEL gets 2,400 MW greenfield power project from NLC India in Odisha

The scope of the EPC contract includes engineering, manufacturing, supply, erection, and commi…

PTI   


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Explained: Will thematic funds continue to be attractive in 2024?

Between October 2022 and October 2023, the assets under management (AUM) of sectoral/thematic funds…

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5 mins read

PSU bank stocks on a high with room to play

Indian public sector bank stocks have been rallying for the last three sessions – even as the broad…

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1 min read

PSU insurance unions angry with the 7% salary hike offer, seek LIC-like hikes

The talks were held on Wednesday. The GIPSA, the lobby body for the four government owned mul…

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Nifty at all-time high as energy and financial stocks surge

Nifty 50 reached an all-time high of 22,171 largely propelled by the performance of financial and e…

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8 mins read

ETFs performed better than actively-managed equity mutual funds in FY23

Amid high volatility in the equity markets, exchange-traded funds or ETFs fared better than activel…

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4 mins read

Public sector enterprises stage a comeback in 2022 thanks to PSU banks – the future looks healthy, say analysts

Public sector undertakings, or PSUs, have staged a comeback in 2022, powered by robust recovery in …

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Jio-bp joint venture launches additive-laced premium diesel

Jio-bp, the fuel retailing joint venture of Reliance Industries Ltd and UK's bp Plc, on Tuesday lau…

PTI   


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FPIs pump ₹9,677 crore into financial services and auto stocks in April

Foreign portfolio investors (FPI) have started FY24 on a positive note, with strong inflows observe…