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MINIRATNA FIRM
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...- Hindustan Copper eyes Navratna status, says CMDHindustan Copper Ltd is aiming for Navratna status. This recognition signifies improved operations and strategic growth. The company is agg...
- Two new 'Ratna' categories to forge next gen CPSEsThe government is set to introduce two new 'ratna' categories for Central Public Sector Enterprises. This move aims to foster future econom...
- IRFC, IIFCL ink pact for financing railways infra"The partnership between IRFC and IIFCL is a step towards realising Prime Minister Narendra Modi's vision of making India a USD 5 trillion ...
- RITES Ltd wins Rs 475 crore contract for railway electrification worksAn MOU will be executed between RITES and the concerned Railway in this regard in due course, it said. RITES Ltd is a mini-ratna public sec...
- MSTC gets SEBI nod for IPOThe IPO would be by way of offer for sale by the Union government of 17,600,000 shares.
- Ircon International IPO subscribed 29% on Day 1The offer for sale (OFS) of 99,05,157 shares comes at Rs 470-475 per share.
- Cochin Shipyard rallies over 20% on D-Street debutThe company has three major peers - ABG Shipyard, Bharati Defence and Reliance Defence.
- HUDCO to list shares on May 19The company will list its shares on the stock exchanges - BSE and NSE - on May 19.
- MOIL manganese output at 7.45 lakh tonnes in April-DecemberMOIL (formerly Manganese Ore India Ltd) had declared an interim dividend of Rs 3 per share for the 2015-16 fiscal.
- Parliamentary panel supports financial autonomy to Central Warehousing CorporationA Parliamentary panel has approved an amendment bill that seeks to provide financial and operational autonomy to PSU Central Warehousing Co...
- 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 ...
- B&R, BPCL become mini-ratna firmsThe government provided enhanced financial autonomy to two public sector units -- Bridge and Roof Company and Bharat Pumps and Compressors ...
- For selloff shine, Miniratnas set for 5-star ratingA slew of state-run companies may be accorded navratna status, making them financially more autonomous, as the government looks to generate...
- Govt may adopt new criteria to include more PSUs in NavratnaGovernment may rejig 'Navratna' category for public sector units and create sub-categories to accommodate more PSUs.
- List of miniratna PSUs to be prunedGovt is likely to strip miniratna status of several companies which have failed to meet the eligibility criteria, an official in the depart...
- Govt planning mini-ratna status for OVLONGC Videsh’s (OVL) aggression in acquiring oil & gas assets abroad may soon be rewarded.
- 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.
- AAI plans arms for various opsAirports Authority of India (AAI) may soon take a new avatar to face the private sector competition.
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