Govt to divest up to 7% stake in NLC via OFS
New Delhi: The government plans to divest up to 7 percent of its stake in NLC India through an offer for sale (OFS), aiming to raise between Rs 2,000 crore and Rs 2,100 crore, media reports said.
BSE PSU Index outperforms Nifty 50 over past 5 years, analysis shows
Mumbai: The trend over the last five years show that the BSE PSU Index has demonstrated an impressive annualized return of 28%, nearly doubling that of the Nifty 50, according to DSP Mutual Fund Annual Note 2024.
ONGC planning to invest Rs 1 lakh cr to set up two petrochemical plants
Mumbai: India’s leading oil and gas producer and explorer ONGC is planning to invest approximately Rs 1 lakh crore in setting up two petrochemical plants aimed at directly converting crude oil into high-value chemical products, Moneycontrol reported.
REC inks MoU with NICSI for ICT and digital transformation
New Delhi: State-owned company REC, formerly known as Rural Electrification Corporation Ltd has signed a Memorandum of Understanding with National Informatics Centre Services Inc. (NICSI),
NTPC features in Forbes 'World’s Best Employers 2023' List
New Delhi: India’s largest integrated energy conglomerate NTPC Ltd has been featured as one of the “World’s Best Employers 2023” in the Forbes World’s Best Employers list 2023 released on Oct 10, 2023.
Oil India Ltd gets Maharatna status; ONGC Videsh raised to Navratna
New Delhi: The Finance Ministry has granted its approval for elevating Oil India Ltd's status to the 'Maharatna' category.
With new revival package, Govt makes more efforts to pull BSNL out of trouble
New Delhi: The authorised capital of state-run telecom company BSNL has expanded from Rs. 1,50,000 crore to Rs. 2,10,000 crore after the government announced a revival package of Rs 89,047 crore this week.
Finance Ministry allows PSUs to invest in debt schemes of all mutual funds
New Delhi: The Finance Ministry through a memorandum on Tuesday allowed Public Sector Undertakings (PSUs) to invest in debt schemes of all mutual funds.
NTPC among top great places to work: GPTW
Mumbai/IBNS: India's top state-run electricity generator NTPC has been recognized as a 'Great Place to Work' for the 15th year in a row by the Great Place to Work Institute (GPTW).
All necessary steps to be taken to meet public shareholding norms of 25% for all listed PSUs
New Delhi, July 5 (IBNS): For bringing better public ownership of the PSUs and also bring greater commercial and market orientation of the listed PSUs, the Government proposes to take all necessary steps to meet public shareholding norms of 25% for all listed PSUs and raise the foreign shareholding limits to maximum permissible sector limits for all PSU companies which are part of Emerging Market Index.
Kolkata, June 5 (IBNS): Hindustan Copper Limited (HCL) has achieved a record sales volume of 36435 tonnes of copper in 2017-18 which was the best in seven years for the PSU.