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Public Sector

Mar 29, 2015 at 19:47 | Source: PTI
Country's largest lender State Bank of India has received all necessary approvals to buy residential properties of cash-starved national carrier, Air India, in south Mumbai for Rs 90 crore.
Mar 29, 2015 at 18:05 | Source: PTI
State-owned Union Bank of India has deferred its plan to raise Rs 1,386 crore fund through qualified institutional placement (QIP) to the next fiscal. "We have got everything in place. We will hit the market at the right time.
Mar 29, 2015 at 12:48 | Source: PTI
Despite RBI lifting all lending restrictions imposed on United Bank of India (UBI) due to high NPA levels, the bank's credit growth will not rise significantly owing to poor investments on the ground, its Executive Director Sanjay Arya has said.
Mar 29, 2015 at 12:19 | Source: PTI
The top 10 most valued companies saw a combined erosion of over Rs 1 lakh crore to their market capitalisation over the past week, amid a steep fall in the broader market
Mar 28, 2015 at 13:34 | Source: CNBC-TV18
Recent steps taken by the government, corporate India and RBI may help banks combat the pain of rising NPLs. Eminent bankers, Pradeep Kumar, MD, SBI, Srini Varadarajan, Executive Director, Axis Bank, and Ranjan Dhawan MD and CEO of Bank of Baroda, discuss on the same.
Mar 28, 2015 at 10:18 | Source: Moneycontrol.com
State Bank of Travancore has informed regarding
Mar 27, 2015 at 18:43 | Source: CNBC-TV18
There will also be a relaxation in the interest payment. Nearly 14 percent is the current rate of interest for Pipavav Defence repayment which has been brought down to about 11 percent.
Mar 27, 2015 at 17:13 | Source: Moneycontrol.com
ICICIdirect.com is bullish on Indian Bank and has recommended buy rating on the stock with a target price of Rs 221, in its research report dated March 16, 2015.
Mar 27, 2015 at 14:13 | Source: Moneycontrol.com
State Bank of Mysore has informed BSE that the Board of Directors of the Bank at its meeting held on March 27, 2015 has declared an interim dividend at the rate of Rs.5.00 per equity share of Rs.10/- each (i.e. 50%). Interim dividend will be paid on April 22, 2015.
Mar 27, 2015 at 14:12 | Source: Moneycontrol.com
State Bank of Mysore has informed BSE that the Board of Directors of the Bank at its meeting held on March 27, 2015 has declared an interim dividend at the rate of Rs.5.00 per equity share of Rs.10/- each (i.e. 50%). Interim dividend will be paid on April 22, 2015.
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R Jagannathan

Platinum Member

1230 Followers

Politics  

their own finances and not become a burden on general revenues. However, does this make sense now? The budget of a commercial undertaking is no different from that of a corporation like Infosys or a public sector company like Bharat Heavy Electricals. There is need for account-keeping, budgeting

11.23 AM Jul 8th 2014

R Jagannathan

Platinum Member

1230 Followers

Budget  

inflation cannot be fought without boosting growth as well. The key is to do this without fiscal profligacy and money printing. I propose to get the growth engines revved up this year by raising more non-tax revenues from asset sales - public sector shares and residual stakes of private companies held

11.22 AM Jul 8th 2014

R Jagannathan

Platinum Member

1230 Followers

Budget  

promoters are planning to raise fresh equity and because listed public sector companies have to raise public holdings to a minimum of 25 percent of the total equity under a new Sebi regulation. The ET Intelligence Group estimates that public sector companies will have to “issue shares worth Rs 62,000 crore

6.39 PM Jul 7th 2014

ushakrani

Gold Member

150 Followers

Reliance Power  

The three electricity utilities have demanded hike in electricity charges claiming that they were facing 20-30 percent loss due to hike in electricity charges purchased from public sector power generating companies particularly due to increase in fuel cost. The move of DERC is despite the fact

4.43 PM Jul 7th 2014

R Jagannathan

Platinum Member

1230 Followers

Budget  

private sector promoters are planning to raise fresh equity and because listed public sector companies have to raise public holdings to a minimum of 25 percent of the total equity under a new Sebi regulation. The ET Intelligence Group estimates that public sector companies will have to "issue shares worth

3.19 PM Jul 7th 2014

NMDC  

Sell. Current Govt policies are to sacrifice profits and thereby controll prices. Public Sector companies will be hit the most. NMDC directed to avoid auction and sell cheaper coal to power projects.

1.40 PM Jul 7th 2014

shahajii

New Member

10 Followers

SML Isuzu  

Limited, SEL Manufacturing Technologies Limited, SML Isuzu Limited, Trident Limited and Vardhman Textiles Limited. The ranking is done on the basis of various parameters such as total income, net profit and net worth. It includes both private sector companies as well as public sector enterprises (PSEs

11.32 AM Jul 7th 2014

Web Messenger

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277643 Followers

Dena Bank  

Source:NDTV Profit - Mumbai: Dena Bank has sought a capital infusion of Rs 1,200 crore from government in the current fiscal year, a top bank official has said. In the interim budget, the government had earmarked Rs 11,200 crore for capital infusion in public sector banks

11.18 AM Jul 7th 2014

multibagger
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New Member

25 Followers

Bharat Agri  

from State and Central Government. In news Bharat Fertiliser Industries Ltd has informed BSE that the Company had entered in to a Long Lease Contract of SSP/GSSP Fertiliser with India`s largest Public Sector Fertiliser Unit namely M/s. Rashtriya Chemicals & Fertilisers Limited, (RCFL) Chembur

10.38 AM Jul 7th 2014

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Allahabad Bank  

Source:Calcutta Telegraph News - Calcutta, July 3: Public sector Allahabad Bank is planning to roll out its scheme to lend money against gold as collateral across the country. As part of the initiative, the Calcutta-based bank has identified around 25 branches in the city and its suburbs

3.50 PM Jul 4th 2014

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