Page 19 - Psus

Govt plans strategic sale of 3 PSUs, merger of 4

Govt has budgeted to raise Rs 15,000 cr through strategic sale of PSUs next financial year

BSE PSU index hits 22-month high; Power Grid, IOC, HPCL hit record high

Total 12 PSU stocks include NTPC, NHPC, SAIL, Moil and MMTC hit their respective 52-week highs

Cabinet okays sale of two pharma PSUs, closure of two others

Govt has budgeted Rs 20,500 crore from strategic sale this financial year

Cabinet approves sale of surplus land of 4 pharma PSUs

VRS / VSS will also be implemented in these organisation

PSU shares gain; ITI, MMTC, Nalco hit 52-week high

MMTC, Nalco, Hindustan Copper, MTN), HMT and SCI were up between 4% to 12% on the BSE

IIT placements: ISRO, Navy, PSUs steal the show on Day Zero

The number of government and manufacturing firms making campus recruitments has risen by 10 per cent at IITs

PSU pack largely unscathed in current market meltdown

90 state firms lose only Rs 19,000 crore of market value against Rs 8.1 lakh crore meltdown for all

BSE PSU index hits 52-week high

Thus far in 2016, the S&P BSE PSU index outperformed the market by surging 17% against 6% gain in Sensex.

Cabinet to take final call on listing of PSU insurers this month

"The Cabinet nod for PSU general insurers is likely this month," an official said

BSE PSU index hits 18-month high; ONGC, Moil, REC hit 52-week highs

In past one-month, the PSU index outperformed the market by gaining 5% against 0.4% decline in Sensex,

PSU staff may form trusts to buy stake

The employee options in primary market divestments have fallen woefully short of the 5 per cent quota

Don't think small

Larger PSUs should be privatised too

9 Odisha PSUs post Rs 807 cr loss in 2014-15: CAG

CAG report stated one PSU prepared its accounts on no-profit, no-loss basis while 9 PSUs are yet to start commercial production

PSUs outsmart many big firms on returns

Generate return on equity of 10.5%, compared to 8.7% for the top 10 family-owned groups

Lumbering state companies become hot stock market bet

This new-found investor appeal marks a turnaround for a category that had typically underperformed private sector peers

Modi's statement on PSUs show preference for revival rather than sale

PM said that the government had succeeded in turning around loss-making public-sector behemoths like Air India and BSNL

Govt's divestment kitty to swell by Rs 16,000 crore

Government holdings in these PSUs are in range of 75-81 per cent and the buy back would be conducted on a proportionate basis

BEL, BEML gain as Govt abolishes guidelines for JVs by defence PSUs

Bharat Electronics was up 1.4% at Rs 1,235.95 and BEML was up 3.3% at Rs 1,024.25 on the BSE

PSU stocks could be the next hunting ground

At 13 times its trailing 12-month earnings, the Nifty PSE index is trading at a significant discount to the Nifty's P/E of 23

FinMin asks profit making PSUs to consider stock split

DIPAM also asks CPSEs to pay dividend at the rate of 30% of net profit or 5% of net worth, whichever is higher