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MINIRATNA PSU
Balmer Lawrie shares tumble 6% after board says no to bonus issue, stock split & share buyback proposalsBalmer Lawrie & Company's shares fell over 6% after the board decided against a proposed bonus issue, stock split, and share buyback, citin...- Can CMPDIL IPO deliver long-term gains for high risk investors?Central Mine Planning & Design Institute (CMPDIL), a Miniratna PSU, plans to raise ₹1,842 crore through an offer for sale. The company has ...
- LIC hikes stake in IRCTC to 9.3%Life Insurance Corp (LIC) on Thursday said it has hiked its stake in Indian Railway Catering and Tourism Corporation (IRCTC) to about 9.3 p...
- Rail Vikas Nigam hits new 52-week high on new order winThe Rs 137-crore order is for designing, supplying, erecting, testing and commissioning for OHE Modification Work in the existing 25 kV OHE...
- Govt to sell up to 25 pc stake in NSC via IPO; invites bids from merchant bankers for listing processThe Department of Investment and Public Asset Management (DIPAM) has invited bids from merchant bankers and legal advisors for working on t...
- Private firm gets Cabinet nod to build hotel at Pragati MaidanIndia Trade Promotion Organisation, a miniratna public sector undertaking under the commerce ministry, runs the exhibition centre, which wa...
- Government invites bids from EIL, other PSUs to buy out PDILAs of March 2017, the paid up capital of PDIL is Rs 17 crore. As of September 2017, PDIL has 363 permanent and 116 contractual employees.
- Government to sell up to 25% stake in 4 defence PSUs via IPOThe authorised share capital is Rs 125 crore and the paid-up equity capital is Rs 122.19 crore as on January 31, 2017.
- IPO mania set to hit Dalal Street: Govt identifies 6 PSUs to list on boursesDIPAM is scouting for merchant bankers and legal advisors to advise the government on the initial public offering (IPO) of six profit makin...
- Moil slashes manganese ore prices by up to 25%The country's largest manganese producer said it has reduced prices of all grades of manganese ore by up to 25% over the previous quarter.
- MOIL slashes manganese ore prices by 5-7.5% for the January-March quarterIt holds 71.57 per cent in the Miniratna PSU which is the largest producer of high grade manganese ore an essential input for steel making.
- Tough race for PSUs vying for navratna tagThe government plans stricter criteria for awarding the coveted navratna and miniratna status for state-run companies, after requests from ...
- Prudent PSUs laugh all the way to PSBsPublic sector undertakings (PSUs), sitting on huge cash reserves, are having the last laugh.
- Department of Public Enterprises likely to get more powers to regulate PSUsThe government is considering a proposal under which DPE’s functional regulations for PSUs would be treated as government policy whose impl...
- PSUs annual appraisal to add sectoral resultsThe government has decided to increase the weightage of sector-specific performance criterion while assessing annual performance of a publi...
- Street debut planned for 34 mini-ratnasThe government is planning discussions with 34 unlisted mini-ratna companies to get them listed on the stock exchanges and unlock their val...
- Street debut planned for 34 mini-ratnasAfter the navratna companies, it may now be the turn of the mini-ratna companies to make the public richer.
- Coal India likely to get mini-ratna status by OctoberThe Coal Ministry finalising modalities to grant 'mini-ratna' status to Central Coalfields Limited (CCL) next month.
- Becoming a mini-ratna co won’t be easy anymoreThe government is likely to tighten norms for granting public sector undertaking (PSU) to qualify as mini-ratnas.
- Navratnas get a free hand for fresh venturesNAVRATNAS and miniratnas will soon go places with the financial freedom given to them by the Cabinet on Monday to invest in new ventures.
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