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Coal India's Rs 3,650 cr buyback offer at Rs 335/sh to start on Oct 3

Sep 27, 2016

Coal India's Rs 3,650 cr buyback offer at Rs 335/sh to start on Oct 3

The offer size represents approximately 24.95 per cent of the aggregate of the fully paid-up share capital and free reserves #coal india #BSE #PSU #share buyback
Coal India Q1 profit declines over 14% to Rs 3,065 cr on weak sales

Sep 13, 2016

Coal India Q1 profit declines over 14% to Rs 3,065 cr on weak sales

Net sales of the company during the quarter declined by 6.1 percent to Rs 17,796.05 crore #coal india #Dividend #net profit #PSU #Sales #CIL
Power Grid's Q1 profit jumps 33% at Rs 1,801.77 crore

Aug 16, 2016

Power Grid's Q1 profit jumps 33% at Rs 1,801.77 crore

Total standalone income of the public sector undertaking (PSU) also rose by 31 percent to Rs 6,119.86 crore in April-June quarter this fiscal as against Rs 4,689.88 crore during the same quarter last financial year #net profit #PSU #Power Grid Corp #transmission business
Consolidation govt policy; need global-sized institutions, says FM Jaitley

May 18, 2016

Consolidation govt policy; need global-sized institutions, says FM Jaitley

The proposal of SBI to merge its five associate banks with itself and acquire Bharatiya Mahila Bank is in line with the government's policy of consolidation as the country needs global-sized institutions, Finance Minister Arun Jaitley said on Wednesday. #NewsTracker #NDA #PSU #Jaitley #Niti Aayog
India must focus on few identified sports to win more medals at Rio Olympics: Arun Jaitley

May 13, 2016

India must focus on few identified sports to win more medals at Rio Olympics: Arun Jaitley

Finance Minister Arun Jaitley on Thursday stressed on the need to focus on few identified sports so that the country can win more medals at international events like Olympics. #India #Arun Jaitley #Olympics #PSU #Rio 2016 #2016 rio olympics #Finance Minister of India
Govt to sell 11.36 per cent stake in NHPC tomorrow at Rs 21.75 a share

Apr 26, 2016

Govt to sell 11.36 per cent stake in NHPC tomorrow at Rs 21.75 a share

Kick-starting the disinvestment process of the current fiscal, the government will tomorrow sell 11.36 per cent in power major NHPC at Rs 21.75 a share that is likely to fetch the exchequer over Rs 2,700 crore. #Government #PSU #NHPC #divsestment #DIPAM
Budget 2016: Putting NITI at the helm shows Modi is indeed firm on privatisation

Mar 01, 2016

Budget 2016: Putting NITI at the helm shows Modi is indeed firm on privatisation

The administrative ministry in charge of a PSU will appoint asset valuation advisors and an inter-ministerial evaluation committee will fix the reserve price based on this valuation. #NDA #PSU #Niti Aayog #Disinvestment Commission
Budget 2016: PSUs to monetise idle assets; Disinvestment Dept renamed

Feb 29, 2016

Budget 2016: PSUs to monetise idle assets; Disinvestment Dept renamed

Government on Monday said PSUs will now have to monetise their idle assets for new investments, while renaming the Department of Disinvestment to Department of Investment and Public Asset Management (DIPAM). #NewsTracker #Arun Jaitley #Budget #NDA #PSU #CPSE #Union Budget 2016 #Department of Investment and Public Asset Management
Budget 2016: Govt may further hike excise on petrol, diesel before Budget

Jan 22, 2016

Budget 2016: Govt may further hike excise on petrol, diesel before Budget

The government is looking at one more hike in excise duty on petrol and diesel before the Budget next month so as to raise revenue and stick to the fiscal deficit target for 2015-16. #oil #Petrol #fiscal deficit #Arun Jaitley #Diesel #NDA #PSU #excise duty #Union Budget 2016 #Economy 2016
Post odd-even: India to skip Bharat Stage-V, to implement Stage-VI emission norms from 2020

Jan 15, 2016

Post odd-even: India to skip Bharat Stage-V, to implement Stage-VI emission norms from 2020

In a major — and perhaps the boldest so far — step to curb vehicular pollution, India is moving directly from Euro IV emission norms for petrol and diesel to Euro VI standards and the oil PSUs plans to invest Rs 28,750 crore for the transition. #NewsTracker #Euro #PSU #emission #BS VI #Bharat Stage