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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
Stock market opening: Nifty, Sensex trade in green, Hero Moto, and Bajaj Auto take lead in early trade
Hero Moto, Maruti, Bajaj Auto, JSW Steel, and Dr. Reddy took the lead in early trading, while NTPC,…
Market closing: Sun Pharma, Hero Moto lose as fertiliser stocks shine
Nifty and Sensex closed on a positive note. Sun Pharma and HDFC Life were amongst the day's losers.…
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
Market value of BSE listed companies surges Rs 8.55L crore for the week
The Nifty rose for the seventh week in a row to close at fresh all-time high of 21,457 on Friday, w…
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 insura…
PTI
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…
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…
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
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…
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…
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…
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…
58,000 PSU general insurance employees go on strike seeking pay revision
About 58,000 employees in the government owned general insurance and reinsurance companies are on s…
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…
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 …
NCLAT stays CCI penalty on NTPC in Ratnagiri Gas & Power shares issue
The National Company Law Appellate Tribunal (NCLAT) has stayed a CCI order that imposed a penalty o…
PTI
SBI vs Bank of Baroda vs Canara Bank: How India’s top PSU banks performed in Q4
Indian PSU banks have yet again delivered another stellar quarter of earnings in the fourth quarter…
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
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…