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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...
BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
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...
Emami's desi portfolio puts up a fight as summer sales melt amid West Asia tensionsEmami's Q4FY26 results showed resilience in its core domestic business, which grew 11% excluding the summer portfolio. However, unfavorable...
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...
GMDC shares rocket 18% to new 52-week high. What’s triggering the sharp surge?Gujarat Mineral Development Corporation (GMDC) share price surged 18% to a new 52-week high of Rs 736, driven by robust trading volumes exc...
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...
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...
Attendance at board meetings improved in Maharatna, Navratna cos: Excellence EnablersMaharatna and Navratna companies in India saw improved board meeting attendance, with no directors recording zero attendance in FY24, a not...
Mazagon Dock shares rally over 6% after bagging Navratna statusMazagon Dock Shipbuilders, now a Navratna company, is set for exponential growth with significant investment opportunities and strategic pa...
Power Grid Corporation India shares saors 4 per cent, m-cap improves by Rs 3,871 croreThe Navratna company reported 33 per cent growth in standalone net profit at Rs 1,801.77 crore for the quarter ended June 30 helped by high...
NMDC raises iron ore lump prices; first hike since June 2014The firm also raised prices for iron ore fines by 10 per cent to Rs 1,710 per tonne for this month. Last time, NMDC had raised the prices o...
Decision on NMDC CMD after completing formalitiesAn appropriate decision on two candidates recommended by a search-cum-selection committee would be taken after completion of necessary form...
- Government to divest 5 pc stake in Neyveli Lignite Corporation
The coal ministry has invited expression of interest from merchant bankers and selling brokers for divestment in NLC.
- NALCO to pay 18% interim dividend
The 18 per cent declared today would be paid on enlarged capital base after split and bonus issue last year, the release added.
- Indian missions to help PSUs' hunt for global assets
Indian missions abroad will be actively involved to help the government-owned firms realise their global ambitions to acquire critical raw ...
- Dilute stake in Navratnas by 20%: Assocham to Govt
The new government at the Centre should dilute its equity in Navratna companies by 20 per cent to mobilise Rs 3 lakh crore for containing t...