Can Modi 3.0 Ignite Surge in PSU Stocks?

'Those betting against PSUs will likely be punished in this upswing.' Illustration: Dominic Xavier/Rediff.com   Shares of public-sector undertakings (PSUs) should be accumulated at lower......

MOIL sell-off proposal sent to FinMin

The steel ministry has sent the proposal to sell 10 per cent of the government's holding in state-run Manganese Ore India Ltd to the Department of Disinvestment, Parliament was told on Friday. "At......

Initial bids for MOIL divestment by next week

Government is expected to invite initial bids for sale of majority stake in Manganese Ore India by next week.The move follows a meeting of inter-ministerial group on divestment recently which......

28 companies announce buyback plans worth Rs 21,300 crore

While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender......