PSU
- India
LIC shares surge nearly 80 per cent in one year
Mumbai: India’s largest insurance company, LIC’s shares railed 78 per cent over the last one year, following strong operational performance or positive sentiment for PSU shares among the investors. LIC (Life Insurance…
- India
14 officials of Hindustan Copper Limited trapped in mine as lift collapses
Jaipur: Fourteen officials and members of a vigilance team of PSU Hindustan Copper Limited were trapped in a mine in Rajasthan’s Neem ka Thana district on Tuesday night when a vertical shaft…
- India
High valuations of the market creeping into PSU stocks, say analysts
New Delhi: The overall high valuations of the market is creeping into PSU stocks too. If the markets correct significantly, there can be steep corrections in PSU stocks that are highly valued,…
- Business
PSU stocks see heavy profit booking as Sensex tanks over 500 pts, Nifty falls
Mumbai: Domestic equities opened positive on Monday, but soon witnessed selling pressure amid muted global cues, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services. While the Sensex fell…
- Business
PSU stocks dominate sectoral gains
New Delhi: PSU stocks are among the top gainers in trade led by oil and gas and insurance stocks. The PSU index is up more than 3 percent on Monday. SJVN is…
- News
LIC surpasses SBI to become most valuable PSU firm in India
New Delhi: Life Insurance Corporation of India (LIC) surpassed State Bank of India (SBI) to become the country’s most valued PSU firm by market valuation on Wednesday. Shares of LIC climbed 3 per…
- India
Rahul accuses govt of crushing hopes by eliminating over 2 lakh PSU jobs
New Delhi: Former Congress president Rahul Gandhi on Sunday claimed that over two lakh jobs have been “eliminated” from PSUs and alleged the government was “trampling” on the hopes of youngsters to…
- Business
LIC can be converted into composite insurer merging 4 PSU general insurers with it
Chennai: With the Central government proposing to allow composite insurers, the four public sector general insurance companies can be merged with the Life Insurance Corporation of India (LIC) is one of the…
- India
Complaint against Kerala’s popular liquor brand ‘Jawan’, says insult to defence forces
Thiruvananthapuram: A complaint has been filed with the Kerala government objecting to the name of the hugely popular brand of rum, ‘Jawan’, produced by a state PSU and demanded that it should…
- India
Modi govt did not create even a single PSU but privatised 23: Congress
New Delhi: The Congress on Thursday attacked the Narendra Modi government on its economic record, saying that it had not created even a single Public Sector Unit (PSU) but it has privatised…
- India
GATE admit cards not released, exams likely to be postponed
New Delhi: The Graduate Aptitude Test in Engineering (GATE) admit cards, which were scheduled to be released on Friday, were postponed and the examination dates have been marked as tentative on the…
- Hyderabad
Trade unions protest against Central Govt’s bid to private PSUs
Hyderabad: The employees of public sector units have formed a Joint action Committee to protest against the government’s bid to privatize the public sector units (PSUs). The Committee of various trade unions…