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Public bank shares rise up to 6% on hopes govt will infuse more funds

Jul 01, 2015

Public bank shares rise up to 6% on hopes govt will infuse more funds

PSU banking shares rise over 4-5 percent as against 1.2 percent upmove in BSE Bankex #PSU banks #bad loans #BSE Bankex #Jayant Sinha #minister of finance
CAG raps Delhi govt for discrepancies worth Rs 905 cr; not obtaining fund proof

Jul 01, 2015

CAG raps Delhi govt for discrepancies worth Rs 905 cr; not obtaining fund proof

Government auditor CAG on Tuesday pointed out discrepancies in implementation of social welfare schemes including mid-day meal (MDM) and pulled up the Delhi government for its failure to obtain fund utilisation certificates from various institutions. #India #CAG #Delhi #NewsTracker #Mid-day Meal Scheme #Delhi government #PSU #Delhi Tourism and Transport Development Corporation
UPA left the banking system toxic, and Jaitley's moving too slowly to fix it

Jun 23, 2015

UPA left the banking system toxic, and Jaitley's moving too slowly to fix it

The UPA's worst legacy was to leave behind a limping banking system that will be unable to finance growth. Jaitley is moving too slow to fix what's broken. #Economy #Pranab Mukherjee #P. Chidambaram #Kingfisher Airlines #InMyOpinion #Arun Jaitley #Vijay Mallya #PSU banks #bad loans #recapitalisation #Jan Dhan Yojana #Toxic Banks #TARP
Govt to go ahead with PSU disinvestment as planned, says Jaitley

Jun 04, 2015

Govt to go ahead with PSU disinvestment as planned, says Jaitley

The cabinet has approved sale of 5 percent stakes in ONGC, BHEL and NTPC as well as 10 percent each in IOC, NALCO and NMDC. #Economy #Sensex #Disinvestment #RBI #NewsTracker #NTPC #ONGC #BSE #Arun Jaitley #BHEL #Nalco #Monsoon #PSU
Sensex extends rally, surges above 28,000 amid gains in SBI, HDFC

May 22, 2015

Sensex extends rally, surges above 28,000 amid gains in SBI, HDFC

Extending the rally further amid strong gains in several frontline stocks, the benchmark BSE Sensex breached the 28,000-mark in the noon trade. #Sensex #TCS #SBI #HDFC #BSE #PSU
Arun Jaitley's disinvestment act is looking better than Pranab's or Chidu's

May 20, 2015

Arun Jaitley's disinvestment act is looking better than Pranab's or Chidu's

The stage is being set for year-round disinvestment sales in order to meet the government's high share sale targets. #Pranab Mukherjee #P. Chidambaram #coal india #NTPC #InMyOpinion #ONGC #fiscal deficit #Arun Jaitley #PSU Disinvestment
Yes Bank up 97% in fiscal 2015: Private banks return way more to investors than public lenders

Apr 01, 2015

Yes Bank up 97% in fiscal 2015: Private banks return way more to investors than public lenders

Risk-averse private sector banks remained the darlings of stock market investors in fiscal year 2015, giving almost double the returns compared to capital-starved, stress-ridden state-run banks. Analysts do not see this trend changing in the approaching year. #S&P #ICICI Bank #SBI #Arun Jaitley #NPA #PSU banks #Basel III
No plan to shut down MTNL, says Telecom Minister Ravi Shankar Prasad

Mar 12, 2015

No plan to shut down MTNL, says Telecom Minister Ravi Shankar Prasad

There is no plan to shut down loss-making telecom company MTNL and the government is taking various measures to revive it, Union Minister Ravi Shankar Prasad said on Thursday. #India #air india #NewsTracker #Ravi Shankar Prasad #MTNL #Department of Telecom #broadband #PSU #Anant Geete #Hindustan Shipyard
Govt has no business to be in business: Sell off Air India or shut it down

Mar 12, 2015

Govt has no business to be in business: Sell off Air India or shut it down

Air India should have either been sold off or shut down long ago - it appears to be lurching from one financial crisis to another. Now is as good a time as any for the Government to take a bold decision and get this ailing airline off its hands. #air india #Narendra Modi #PSU #Civil aviation #sick
Sensex gives up early gains, slips into negative on profit-booking

Feb 19, 2015

Sensex gives up early gains, slips into negative on profit-booking

Sensex failed to hold its initial gains and slipped into the negative territory by falling over 155 points in late morning trade #Sensex #nifty #Power #Banking #BSE #NSE #Infrastructure #realty #PSU #Oil & Gas #BSE Fmcg