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PUBLIC SECTOR COMPANIES NEWS
Banks, power finance and infrastructure to lead next leg of market rally: Pankaj PandeyIndia's banking sector is poised for a rally, fueled by robust credit growth, easing deposit pressures, and stable asset quality, according...
Repeated crises reaffirm role of PSU oil firmsDuring national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...
FM radio: Tuned out of news, tuned into crisis, seeks reformsIndia's FM radio industry faces a crisis, with companies surrendering licenses due to government restrictions and competition from digital ...
From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
West Bengal government exempts essential sectors from diesel container supply curbsWest Bengal Chief Minister Suvendu Adhikari announced exemptions from a recent diesel supply restriction in containers. The move aims to al...
IITian refused Rs 35 LPA job to pursue his lifelong dream. What is Archit Chandak doing today?An IIT Delhi graduate, Archit Chandak, turned down a ₹35 lakh annual job offer from a major Japanese firm to serve India. He achieved an im...
Indian issuers hold dollar bond plans amid demand for higher yieldsIndian issuers, including SBI and BoB, have paused dollar bond plans as investors demand higher yields amid rising supply expectations from...
Trump's sons and the art of making millions from microcapsA $1 billion fund, American Ventures, backed by Donald Trump Jr. and Eric Trump, is generating substantial paper profits by investing in sm...
OpenAI weighs IPO in 2027 after expected Anthropic public debutAI giant OpenAI is reportedly eyeing a 2027 initial public offering, potentially after rival Anthropic. Both companies have confidentially ...
Drone startup Elroy Air to list on Nasdaq via $1 billion SPAC dealCargo drone startup Elroy Air is set to go public in the US through a $1 billion merger with blank-check firm Columbus Circle Capital Corp ...
International visitors to Dubai to return ahead of hotel rate recoveryDubai's tourism is bouncing back, with visitor numbers expected to recover before hotel rates. Accor, a major hospitality player, notes a l...
UK overtakes India in global unicorn rankings as AI-driven valuations surge: HurunIndia has dropped to fourth place globally in unicorn rankings, with the UK now holding third position. While the US and China lead, India'...
Tamil Nadu CM strongly opposes Centre's NLC disinvestment planTamil Nadu Chief Minister C. Joseph Vijay has strongly opposed the Union Government's plan to disinvest up to three percent of its equity i...
BSNL's corner office goes open market as Centre seeks new CMDThe government is actively seeking a new Chairman and Managing Director for BSNL, opening the door to private sector professionals for the ...
Will a strong brand play the role it is supposed to? 4 consumer electricals stocks with upside potential of up to 28%Many companies in this space have underperformed the broader market. The underperformance did not happen without reason. Margins were under...
India, Israel sign MoU to strengthen cooperation in public sector auditingIndia's Comptroller and Auditor General and Israel's Supreme Audit Institution have inked an MoU to boost public sector auditing cooperatio...
Gold loans surge in Retail Mix; NBFCs outpace banks in market share gains: Experian reportA report by credit bureau Experian shows that gold loans have become a major driver of India’s retail credit growth, with their share in th...
CAG, Israel's apex audit body ink info exchange pactIndia's CAG and Israel's State Comptroller have inked a pact to boost public sector auditing through knowledge sharing and best practices. ...
UK considers forcing social media firms to prioritise trusted newsThe culture department said on Monday it was considering requiring platforms such as Meta's Facebook, Alphabet-owned YouTube and TikTok to ...
UAE introduces regulated work permits for private tutoring; benefiting students and teachersThe UAE has launched a new framework allowing students, teachers, and employees to legally offer private tutoring. The Ministry of Human Re...