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MINIRATNA PSU COMPANY
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...- Can Bharat Coking Coal’s IPO deliver long-term value for retail investors?Bharat Coking Coal plans to raise ₹1,071 crore via an Offer for Sale, reducing Coal India's stake to 90%. The company is poised to benefit ...
- LIC hikes stake in IRCTC to 9.3%Life Insurance Corp (LIC) on Thursday said it has hiked its stake in Indian Railway Catering and Tourism Corporation (IRCTC) to about 9.3 p...
- Mines Secretary asks HCL to focus on ramping up output of copper oreThe state-owned Hindustan Copper Limited (HCL) has been advised by Mines Secretary V L Kantha Rao to concentrate on increasing the producti...
- Rail Vikas Nigam hits new 52-week high on new order winThe Rs 137-crore order is for designing, supplying, erecting, testing and commissioning for OHE Modification Work in the existing 25 kV OHE...
- Govt to sell up to 25 pc stake in NSC via IPO; invites bids from merchant bankers for listing processThe Department of Investment and Public Asset Management (DIPAM) has invited bids from merchant bankers and legal advisors for working on t...
- 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.
- Government to sell up to 25% stake in 4 defence PSUs via IPOThe authorised share capital is Rs 125 crore and the paid-up equity capital is Rs 122.19 crore as on January 31, 2017.
- IPO mania set to hit Dalal Street: Govt identifies 6 PSUs to list on boursesDIPAM is scouting for merchant bankers and legal advisors to advise the government on the initial public offering (IPO) of six profit makin...
- MOIL Q1 profit declines 15% to Rs 89.88 croreIt had posted net profit of Rs 106.05 crore in the April- June period of last fiscal, the company said in a BSE filing.
- Moil core production up 10% at 9.7 lakh tonneThe state-owned company had clocked 8.89 lakh tonnes in the 2013-14 fiscal, it said.
- MOIL slashes manganese ore prices by 5-7.5% for the January-March quarterIt holds 71.57 per cent in the Miniratna PSU which is the largest producer of high grade manganese ore an essential input for steel making.
- BDL inks deal with MoD for Invar anti-tank guided missilesBharat Dynamics Ltd (BDL) said it signed a contract with Ministry of Defence for supplying Invar anti-tank guided missiles worth Rs 3000 cr...
- Smart things to know about Rajiv Gandhi Equity Savings SchemeThe Rajiv Gandhi Equity Savings Scheme (RGESS) provides tax benefits under Section 80CCG for new equity investors in specified instruments.
- 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 ...
- 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...
- Prudent PSUs laugh all the way to PSBsPublic sector undertakings (PSUs), sitting on huge cash reserves, are having the last laugh.
- Navratna status to NMDC in a few days: PaswanThe Steel Ministry has cleared the decks for granting the Navratna status to the country's biggest miner NMDC Limited.
- PSUs must take govt nod for armsAutonomy may not come that easily for public sector companies. Profit-making PSUs may not be allowed to set up subsidiaries and joint ventu...
- Mr Shourie, PSUs are back to uplift massesThe United Progressive Alliance intends to put the national resources under the control of public sector enterprises to optimal use by chan...
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