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4 labourers killed in phosgene gas leakage at Gujarat PSU plant

Four labourers died and 13 others were injured following leakage of poisonous phosgene gas at a chemical plant of state PSU Gujarat Narmada Valley Fertilisers and Chemicals Ltd in a village in......

Cabinet okays winding up sick PSU

The Union Cabinet on Wednesday approved the dissolution of the Central Inland Water Transport Corporation Limited as part of the government's move to identify and close down "irretrievable"......

Sensex, Nifty hit new highs on World Bank ranking

The market rally was driven by strong buying in telecom, banking, realty, metal, FMCG and PSU counters. The benchmark BSE Sensex zoomed over 387 points to close at a fresh life-time high of 33,600......

PSU banks to get booster dose of Rs Rs 2.11 lakh crore

Non-performing assets of banks have increased from Rs 2.75 lakh crore in March 2015 to Rs 7.33 lakh crore as on June 2017. The government on Tuesday announced an aggressive Rs 2.11 lakh crore......

Why recapitalisation of PSU banks is so challenging

'It is not that banks are not trying. Whenever we meet them, they say we will be raising money the next quarter or so and you should not downgrade us. There is no doubt that the managements have......

Of Sudarshan Chakra, Shishupal, and PSU banks

Does the Union government or the RBI see itself as Krishna beheading Shishupal and what will constitute the 101st or indeed the past many sins for which a Sudarshan Chakra will have to be used?......

Rajan's advice on PSU bank mergers

'I would say restore the banks to health, get active board composed of professionals, then there will be an ideal situation for merger.' Mergers of PSU banks should be done only after......
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Moody's upgrade cheers equities, but weekly gains muted

Riding on a sovereign ratings upgrade of the Indian government's bonds by US credit rating agency Moody's and bargain hunting by investors, the key... ...

http://www.sify.com/finance/market-review-moodys-upgrade-cheers-equities-but-weekly-gains-muted-news-sensex-rlsrtDafbcjbh.html
FPIs pump in $2.2 bn into equities in November so far

Foreign investors were enthused by the government's announcement of recapitalising PSU banks, improvement in global sentiment and stable currency... ...

http://www.business-standard.com/article/markets/fpis-pump-in-2-2-bn-into-equities-in-november-so-far-117111900223_1.html
Macquarie Cap

It is far better to play the corporate facing private sector banks like Axis and ICICI Bank than PSU banks, said Suresh Ganapathy, Banking Analyst,... ...

http://www.moneycontrol.com/news/economy/don39t-expect-fy18-fy19-earnings-upgrade-due-to-moody\\u2019s-updrages-macquarie-cap_10076301.html
Important Facts You Must Know

Posted by Equitymaster In August 2016, the government set the ball rolling with an announcement that it proposed to launch a new Exchange Traded... ...

http://feeds.equitymaster.com/~r/TheOutsideView/~3/CvzKoeQLlwU/detail.asp
PSU banks rally led by SBI, PNB; Infosys jumps over 3%, Voltas hits 52-week high

CNX PSU Bank jumps 2.56 percent led by PNB, Oriental Bank of Commerce, Canara Bank and Allahabad Bank. ...

http://www.moneycontrol.com/news/buzzing-stocks/market-update-psu-banks-rally-led-by-sbi-pnb-infosys-jumps-over-3-voltas-hits-52-week-high_10071661.html

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