Page 18 - Psus

9 Odisha PSUs post Rs 807 cr loss in 2014-15: CAG

CAG report stated one PSU prepared its accounts on no-profit, no-loss basis while 9 PSUs are yet to start commercial production

PSUs outsmart many big firms on returns

Generate return on equity of 10.5%, compared to 8.7% for the top 10 family-owned groups

Lumbering state companies become hot stock market bet

This new-found investor appeal marks a turnaround for a category that had typically underperformed private sector peers

Modi's statement on PSUs show preference for revival rather than sale

PM said that the government had succeeded in turning around loss-making public-sector behemoths like Air India and BSNL

Govt's divestment kitty to swell by Rs 16,000 crore

Government holdings in these PSUs are in range of 75-81 per cent and the buy back would be conducted on a proportionate basis

BEL, BEML gain as Govt abolishes guidelines for JVs by defence PSUs

Bharat Electronics was up 1.4% at Rs 1,235.95 and BEML was up 3.3% at Rs 1,024.25 on the BSE

PSU stocks could be the next hunting ground

At 13 times its trailing 12-month earnings, the Nifty PSE index is trading at a significant discount to the Nifty's P/E of 23

FinMin asks profit making PSUs to consider stock split

DIPAM also asks CPSEs to pay dividend at the rate of 30% of net profit or 5% of net worth, whichever is higher

NITI Aayog analysing sick, loss-making PSUs: Govt

According to sources it has submitted two separate lists of sick and loss-making PSUs to the PMO

Panel: Revive PSUs without sale of capital assets

Financial restructuring to be primary option of revival, says panel

Select PSU shares rally; MMTC, STC India surge over 10%

Hindustan Copper, ITI, Dredging Corporation of India and HMT were up 5%-12% as compared to 0.5% fall in Sensex.

Govt banks on new PSU norms for higher non-tax revenue

Guidelines make it mandatory for CPSEs to pay a minimum annual dividend of 30% of PAT or 5% of net worth, whichever is higher

Govt eyes Rs 8,000 cr from stake sale in 4 PSUs

Cochin Shipyard, Hudco, HAL and Rashtriya Ispat to launch IPOs

Govt to kick off minority stake sale in six PSUs

Against FY17 target of Rs 56,500 cr, Centre plans to fetch around Rs 6,400 cr in the first half

Govt wants PSUs to emulate private sector, buy back shares

Leveraging Rs 2.6 lakh cr surplus cash would be best option for PSUs rather than going for disinvestment

Shares of 3 PSUs rise 6% after hike in petrol, diesel prices

Petrol price was hiked yesterday by Rs 3.07 a litre, reversing its 3-month declining trend

PSUs spent over Rs 2,400 crore in CSR in 2014-15

Heavy Industries and Public Enterprises Minister said private companies have misused CSR funds

Budgetary allocations for PSUs squeezed in 2016-17

Budgetary support for Plan investments in public enterprises is now projected to grow at a mere 0.4% to Rs 1.04 lakh crore in 2016-17