PSUs in fast lane on capex push, top 10 shares nearly double

Public-sector enterprise stocks have seen a good run thus far in 2023-24 (FY24), with the S&P BSE PSU Index surging by over 26 per cent during the period, compared to an 11 per cent increase in the......

CIL to pay special dividend if stake sale fails: Economist

Coal India will have to dole out a special dividend if it fails to go ahead with the government's disinvestment plan, which is expected to yield about Rs 9,000 crore (Rs 90 billion) to the......

ONGC's FPO likely early next fiscal

Inching towards achieving the budgetary estimates of raising Rs 40,000 crore (Rs 400 billion) from PSU disinvestment in FY 10-11, the Centre on Wednesday indicated that the follow-on public offer......

Oil secy hints at IOC, ONGC divestment

The government will look into the possibility of disinvestment in Oil and Natural Gas Corporation and Indian Oil Corporation in the current fiscal itself. "The matter (IOC, ONGC disinvestment)......