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RTI is a great boon for citizens of India

 The Right to Information Act 2005 is hailed as a revolution in India's evolution as a democracy. It empowers the ordinary citizen who has hither-to been armed with only his vote, with the tools of......

MF Reduced PSU Holdings Pre-Election

 In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month. IMAGE: Results for India's general elections on a screen inside the Bombay Stock......

Govt sells 5.58% in Hindustan Copper to raise Rs 808 cr

 Kick-starting the disinvestment process of this year, the government on Friday sold 5.58 per cent stake in Hindustan Copper for about Rs 808 crore at an average price of Rs 156.56 apiece, with bulk......

Govt to offload 4% in Hindustan Copper on Friday

 The government will offload its 4 per cent share in Hindustan Copper Ltd on Friday, starting the Rs 30,000 crore (Rs 300 billion) disinvestment programme for the current fiscal."HCL disinvestment......

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......

Is it safe to invest in PSU stocks?

 Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer......

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