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GUJARAT STATE PSUS
Deven Choksey bets big on Coal India’s value unlock storyCoal India's stock is attracting institutional investors due to attractive valuations and potential value unlocking from subsidiary listing...
Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
Gujarat defines a dividend formula, state PSUs surge"The policy is favourable for the shareholders, especially the minority ones," said Nilesh Shah, managing director, Kotak Mahindra AMC. "It...
Gujarat Titans! State PSUs rally up to 20% on new payout policyGujarat state public sector undertakings (PSUs) shares surged up to 20% after the state government implemented a new policy regarding minim...
49 Gujarat PSUs posted profit, 13 incurred losses: CAGAs many as 49 Public Sector Undertakings of Gujarat Government posted a collective profit of Rs 3,725.62 crore, while 13 others incurred lo...
PSU stocks may gain 30% if PM Narendra Modi follows Gujarat model: Morgan StanleyAccording to American brokerage Morgan Stanley, stocks of PSUs are about 30 per cent undervalued due to a slew of issues.
20 Gujarat PSUs incurred losses of Rs 1,111.85 crore: CAGTwenty Gujarat state government-run public sector undertakings incurred losses of Rs 1,111.85 cr, according to a CAG report.
Funds from debt-ridden PSU used for BJP's PR exercise: CongressThe Congress leader said he has got the information through RTI but has failed to get the names of beneficiaries despite seeking informatio...
Central PSUs like NTPC, NHPC queue up to take part in Vibrant GujaratIn January 2013, state firms such as ONGC, IOC, GAIL India, SBI and BoB and their top officials were conspicuously absent at Vibrant Gujara...
Can the magic Modi conjured up for Gujarat's PSUs be replicated at national level?Under Modi loss-making Gujarat PSUs have turned around and logged an impressive growth. The hope is that Modi will be able to repeat that a...
Coal Ministry offers 5 lignite mines to PSUs, invites proposalsInitiating the process of allocation of lignite mines, the Coal Ministry has invited proposals from Gujarat and Rajasthan PSUs.
- Gujarat PSUs likely to shell out funds to promote innovation
Highlighting the importance of innovation, Modi said, "An idea can change things dramatically, and scientific way of doing things can bring...
- Oil Ministry blocks PSUs buying Gujarat Gas stake
GSPC going solo in acquisition of BG Group's stake in Gujarat Gas Co Ltd was a result of Oil Ministry blocking its PSUs from joining the Gu...
- PSUs' share in GSPC now valued at Rs 850 crore
The value of a minuscule investment of Rs 5 crore made by six Gujarat-based PSUs in 1994 has shot up to Rs 850 crore.
- PSUs to invest Rs 1.5 lakh cr in Vibrant Gujarat
Gujarat might have accused the Centre of partisan attitude, but the tally of investment proposals during the much-hyped Vibrant Gujarat Glo...
- GACL investors block govt's charity proposal
The year ended on a jarring note for the Gujarat government as shareholders of Gujarat Alkalies and Chemicals gave a thumbs down to the gov...
- Gujarat may sell Dahej port to IPCL
The Gujarat government is planning to sell its entire 58% stake, held through state PSUs and investment arms, in Gujarat Chemicals Port and...
- Gujarat reaffirms selloff plan
The Gujarat government seems to be in no mood to rattle the street, a la Congress-led combine that is seeking to form the government at the...
- Govt issues GR to kickstart PSU disinvestment in Gujarat
In an effort to go ahead with the process of disinvesting state PSUs, the Gujarat government issued a government resolution here on Thursda...
- State units: The bottomless pit
State-run PSUs are, apparently, a big drain on the respective governments. Almost half of the 210-odd state PSUs make losses. These PSUs ha...