At the NSE, the broader NSE Nifty finished at 17345.45, up 5.40 points or 0.03 per cent.
Bond prices also rallied with yields on the benchmark 10-year paper dropping to 7.19 per cent against the prev...
The government has approved a proposal to allow the board of directors of public sector undertakings (PSU) to recommend and undertake the divestment or closure of their subsidiaries, units or stakes i...
With a higher share of their loans linked to an external benchmark, private sector banks are expected to benefit more than PSU banks once the Reserve Bank of India (RBI) starts raising the policy repo...
Despite Covid-19 challenges, Garden Reach Shipbuilders & Engineers Ltd (GRSE), a defence public sector undertaking, has recorded the highest-ever turnover of Rs 1,750 crore for the 2021-22 fiscal ...
Kerala chief minister Pinarayi Vijayan has told the Prime Minister that preventing a state government from bidding for a public sector undertaking is against the principles of cooperative federalism.
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Braithwaite & Co Ltd is betting big on domestic demand for wagons after the Russia-Ukraine crisis has derailed its export negotiations for over 5,000 railway freight vehicles worth more than Rs 1,...
State-owned Coal India on Monday reported a 47.7 per cent rise in consolidated net profit at Rs 4,558.39 crore for the quarter ended December 31, 2021 on the back of higher revenue from operatio...
Two decisions by the Union government have far-reaching policy consequences: the privatization of Air India and the corporatization of the Ordnance Factory Board. The sale of Air India is the first su...
Jharkhand finance minister Rameshwar Oraon has written to the Union finance minister for clearing long-pending dues on central PSUs and arrears linked to goods and service tax compensation.
The lette...