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INDIAN RAIL PSU
IRFC signs Rs 13,527 crore loan agreement with Hyderabad Metro for debt refinancingIRFC will provide a Rs 13,527 crore loan to Hyderabad Metro Rail. This refinancing will help clear debt obligations. IRFC expects to fund m...
LIC’s $2 billion contrarian bet: 10 stocks the DII giant bought while the market bledLife Insurance Corporation of India invested nearly $2 billion in 10 stocks during the March quarter's market fall. LIC bought shares in co...
PSU, defence, rail, and bank stocks surge up to 13% as election shock wears offPSU stocks such as BHEL and Mazagon Dock Shipbuilders witnessed gains of up to 13% on Thursday as investors renewed their support for state...
PSU rail stocks surge: Could Indian Railways IPO offer big gains?A healthy primary market where deals are continuously being done is the key hallmark of a well-functioning economy, which is aspiring to gr...
Booster Shot! Govt's capex pill turns 13 PSU stocks multibaggers in 2023; will marathon continue next year?On a year-to-date basis, the S&P BSE PSU index has rallied more than 50% and scaled a lifetime high of 15,531 earlier this week. Meanwhile,...
SAIL plans to begin trial production of special rails by month-end: Chairman Amarendu PrakashSteel maker SAIL plans to begin trial production of head hardened (HH) rails used in metro rail and freight corridor projects by the end of...
Railway stocks lead the charge as PSUs gain up to 56% in one month. Should you buy?Railway stocks dominated the PSUs that have offered double digit returns in April 2021, according to an analysis by ET Markets, with Railwa...
These 3 PSU rail stocks zoom up to 98% in a month. Should you buy now?"Investors are now beginning to realise the implications of the government's massive capex spending of which the railways is the biggest be...
Govt to divest 25% in RailTel, invites bids from merchant bankers to manage IPOAs on March 31, 2018, RailTel Net worth stood at Rs 1,249 crore.
Govt targets Rs 300 crore from RailTel IPO by SepThe Cabinet in December last year approved initial public offering (IPO) of RailTel Corporation India by diluting up to 25 per cent governm...
IRCON gets Sebi nod for IPO, issue likely in SeptemberThe share sale is expected to fetch about Rs 500 crore to the exchequer.
IRFC, IRCON may hit capital market by September, to raise Rs 1,500 croreThe government is divesting 10 per cent stake or over 99 lakh shares through the IRCON IPO.
RITES IPO to hit markets on June 20, price band at Rs 180-185 per shareAt the upper end of the price band of Rs 185 a scrip, the IPO would fetch around Rs 460 crore to the exchequer.
Rails supplied to railways are defect free, says SAILMinister of state for railways Rajen Gohain had informed the Rajya Sabha that the requirement of rails for Indian Railways for year 2017-20...
JSPL keen to supply rails to Indian RailwaysThe Ministry of Railways has recently floated a global tender to procure 7 lakh tonnes of rails worth Rs 3,500 crore. This is the first tim...
IRCTC signs MoU to provide hygienic food to rail passengersApart from these, the IRCTC and the CFTRI also agreed to finalise the list of products and services for which CFTRI would provide its techn...
- Railways planning sale of e-tickets on its portal
Indian Railways are mulling the sale of e-tickets on its portal which will end IRCTC's monopoly in e-ticketing business and provide multipl...