Oct 28, 2016 at 13:31 | Source: Moneycontrol.com
In line with most fund houses, Edelweiss Financial Services, too, is placing its bets on financials and auto ancillary space. The fund house is also upbeat on textiles and select pharma stocks, but prefers staying underweight on information technology and telecom sectors.
Oct 27, 2016 at 19:52 | Source: PTI
The Union Cabinet today gave in-principle approval to NITI Aayog's proposal for strategic sale of state-owned firms and entrusted DIPAM with the task of finalising the PSUs in which management control can be transferred to private players.
Oct 27, 2016 at 09:16 | Source: PTI
The Cabinet will tomorrow consider the NITI Aayog proposal of strategic sale of PSUs, sources said. NITI Aayog has prepared a list of public sector units where the government can sell its majority stake to private companies in order to bring in greater efficiency and professionalism in functioning.
Oct 26, 2016 at 12:28 | Source: CNBC-TV18
How each business of the group is managed and run is more important for investors, says Arora. Its best to avoid any speculation and focus on fundamentals and the facts that are known.
Oct 24, 2016 at 20:18 | Source: PTI
State-owned firms such as NTPC and SAIL will be roped in to manage the stressed assets of banks so as to effectively deal with the problem of bad loans, Finance Minister Arun Jaitley said on Monday.
Oct 24, 2016 at 14:10 | Source: PTI
With privatisation of PSUs being considered after a gap of over 12 years, the ministry feels that valuation of equity becomes important in the case of strategic sale of companies that are not listed or in cases where capital markets may not fully reflect the intrinsic worth of a share disinvested earlier.
Oct 21, 2016 at 12:47 | Source: CNBC-TV18
"My orders have increased. Basically from government spending and public sector undertaking (PSU) orders, which were earlier fulfilled through imports, are now coming to Maharashtra Seamless", Ashok Soni, CFO of Maharashtra Seamless told CNBC-TV18.
Oct 21, 2016 at 10:40 | Source: PTI
The two-day share sale, wherein the government is offloading 15 per cent of its equity, attracted bids for over 11.08 crore shares as against 7.20 crore offered to institutional investors on the first day, according to the stock exchange data.
Oct 12, 2016 at 20:54 | Source: PTI
Despite a world-wide sluggishmarket in metal sector, Navratna PSU Nalco has registered animpressive performance in the first half of 2016-17 fiscal.
Oct 12, 2016 at 19:20 | Source: PTI
A sharp decline in profitability and mounting losses could wipe out the revenue reserves of some PSU banks and hamper their near-term ability to pay interest on the bonds issued to meet Basel III norms, Crisil Ratings said today.