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NAVRATNA PSU
NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens todayNLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investo...- NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensThe government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...
- NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensNLC India shares dipped 3% as the government launched an Offer for Sale (OFS) to divest up to a 3% stake, aiming to raise Rs 1,263 crore. T...
- IRFC to raise ECB loan worth $2 billion to finance large infra projectsIndian Railway Finance Corporation is set to raise USD 2 billion through external commercial borrowing. This funding will primarily be in J...
- Loans likely to cross Rs 1 lakh cr milestone in FY27: IRFC CMDIndian Railway Finance Corporation (IRFC) aims to sanction Rs 1 lakh crore in loans this financial year, with plans to raise Rs 70,000 cror...
- NLC India shares rally 18% to fresh record high after Q4 net profit skyrockets 189% YoYNLC India shares rose to a record high on Thursday after the company posted a 189% YoY surge in Q4 net profit to Rs 1,394 crore. Revenue ro...
- RailTel shares rocket 25% in just 2 days! What’s triggering this massive surge?RailTel shares jumped 25% in two days after landing fresh orders worth over Rs 700 crore, including major tunnel communication projects fro...
- IREDA declares Rs 0.60 interim dividend, sets record date; shares fall 3%Indian Renewable Energy Development Agency (IREDA) shares dipped nearly 3% after announcing an interim dividend of Rs 0.60 per equity share...
- Sutlej Jal Vidyut Jal Nigam aims to increase installed capacity to 10,564 MWSutlej Jal Vidyut Jal Nigam, a mini navratna PSU, aims to achieve an installed capacity of 10,564.6 MW.
- S&P downgrades SAIL credit rating, withdraws rating on requestThe downgrade of the Navratna PSU reflects slower-than -expected progress in leverage reduction, S&P said in a release.
- BPCL in red, posts Rs 1,089 crore Q3 loss on under recoveriesBharat Petroleum (BPCL) today reported a net loss of Rs 1,088.94 crore in the third quarter of the current fiscal, largely on account of un...
- Maharatna status to BHEL and GAIL under consideration: Praful PatelThe government today said the inter-ministerial committee has considered proposals for grant of Maharatna status to BHEL and GAIL.
- RINL manages to retain 'navratna' tag for one more yearThe government of India has accorded approval for extending 'navratna' status to RINL for a further one year, till November 2013.
- Nalco cuts product prices by Rs 5,000 per tonneNational Aluminium Company, the Navratna PSU, has reduced basic price across all its product segments by Rs 5,000 per tonne.
- MTNL for JVs in India, overseas markets: MoUAmid its falling revenues and net profit, state-run MTNL today said it is keen to expand its areas of operations by forming strategic allia...
- Coal India gets 'navratna'Government has conferred Navratna status on Coal India, enabling the state-run PSU to enjoy better financial and administrative autonomy.
- Oil firms' navratna status under threatForced to survive on oil bonds, the public sector oil companies, IOC, HPCL and BPCL, now face the prospect of losing the prestigious navrat...
- No new additions to Navratna PSU list for nowSources said one of the reasons for continuously deferring the meeting was that none of the companies seeking Navratna status qualify for s...
- Give Navratna status to Nalco: CPMTwo months after prime minister Manmohan Singh put all disinvestment decisions on hold, the CPM is mounting pressure on him to confer Navra...
- Eight PSUs seek navratna statusWe may soon have more public sector undertakings (PSU) in the navratna fraternity. The government has received applications from as many as...
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