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NAVRATNA CPSE
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...
Garden Reach Shipbuilders set for Navratna status as DPE clears proposal, final nod awaitedThe Department of Public Enterprises has approved a proposal to grant Navratna status to state-run shipbuilder Garden Reach Shipbuilders & ...
IRFC aims to cross loan sanction of Rs 60,000 crore in Q3Outlining long-term strategic vision for the Navratna CPSE at its 40th Foundation Day, Dubey said this milestone signals the organisation's...
Govt approves upgradation of Numaligarh Refinery to Navratna CPSEFinance Minister Nirmala Sitharaman has approved the upgradation of Numaligarh Refinery Ltd (NRL) to Navratna CPSE status, making it the 27...
RailTel shares in focus after securing Rs 47 crore contract from North Western RailwayRailTel Corporation of India is in focus after securing a Rs 46.79 crore work order from North Western Railway for signaling. The company h...
RailTel shares climb 6% after bagging order worth Rs 145 crore Gujarat govtRailTel shares surged by 6% to Rs 420 on the BSE following the announcement of a Rs 144.88 crore order from the Gujarat government's Home D...
HAL shares jump 2% on receiving 'Maharatna' statusHAL Share Price: The Finance Minister has approved Hindustan Aeronautics Limited's upgrade to Maharatna CPSE status, granting it increased ...
Govt grants Navratana status to power PSUs NHPC, SJVNThe government has granted 'Navratna' status to NHPC, SJVN, and SECI, enhancing their operational and financial autonomy. This recognition ...
Govt grants 'Navratna' status to RITES Ltd"Entering its 50th year of incorporation, RITES Ltd is a leading transport infrastructure consultancy and engineering firm in India. It pro...
NBCC inks MoU to help in construction of 1 lakh housing units in ZambiaThe MoU was signed through virtual mode by K P M Swamy, Director (Commercial), NBCC (India) Ltd and MaustafaSaadi, Chief Executive Officer,...
Nalco Q1 results: Profit drops 83% to Rs 17 croreThe company had posted a consolidated profit of Rs 97.87 crore in the corresponding quarter of the previous fiscal, the state-owned firm sa...
Nalco to revisit expansion plansLast year, the company had said it was all set to invest over Rs 30,000 crore over the next four years to launch a number of new projects a...
CPSE ETF has outperformed Nifty by a big margin: Sundeep SikkaSince its inception, compared to 7% return by the benchmark Nifty, the fund has given a return of almost 15%, says the Rel Nippon Life AMC ...
- Govt sets MoU targets for 234 CPSEs
The 234 CPSEs for whom targets have been fixed include Maharatna, Navratna, Miniratnas and other CPSEs.
NALCO Q2 net declines 34% to Rs 226.14 croreThe state-run aluminium maker NALCO today reported a 33.78 per cent decline in its net profit to Rs 226.14 crore for the quarter ended Sept...
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.
- MTNL to give up spectrum, sell land to retain Navratna status
MTNL has asked the government not to withdraw its Navratna status as it is working on a plan to start making profits by March 2013.
- 'No proposal to relax norms to grant Navratna tag to CPSEs'
The govt has said there is no proposal to relax guidelines for granting Navratna status to CPSEs.
- Government looking at relaxing Navratna norms for PSUs
The government is working on a proposal to relax guidelines for granting the coveted Navratna status to public sector undertakings (PSUs).
- Heavy Industries Minister Praful Patel to discuss with PM Manmohan Singh ways of improving performance of CPSUs
Patel today said his ministry hoped to take up with Prime Minister Manmohan Singh in a fortnight ways to improve the functioning of Central...