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Banks: 'No need to press panic button'

IMAGE: A PSU bank. Image published only for representation purposes. 'These are only passing clouds. The banking industry is a century-old industry and this is not the first time it is going......

FinMin warns PSU banks on costly cars for staff

In April 2004, the ministry had permitted banks to purchase new vehicles for replacement or otherwise on "need basis".     The finance ministry on Tuesday warned public sector banks......

Banks must recover last pie lent to corporates: Jaitley

There are NPAs on account of the industrial downturn in sectors like steel, infrastructure and power. As the group of PSU banks moved Supreme Court to restrain Vijay Mallya from traveling abroad,......

Sensex ends 464 points higher led by PSU banks

  Benchmark indices extended gains to end nearly 2% higher on Wednesday after the government pledged support to keep state-owned banks in good health and the Reserve Bank of India eased rules......

'Budget is not the last word on PSU banks' recapitalisation'

  Finance Minister Arun Jaitley addressed a post-Budget press conference, along with Minister of State for Finance Jayant Sinha, all secretaries in the finance ministry and Chief Economic......
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Indian Markets Continue Their Downtrend

Posted by Equitymaster After opening the day on a negative note, the Indian stock markets witnessed choppy trades and continued to trade in the... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/zt3Po4ckXp0/tm.asp
MTNL surges as Telecom Commission approves measures to revive the firm

NEW DELHI: Shares of MTNL surged over 3 per cent in Monday's trade after the Telecom Commission gave its nod to initiate a voluntary retirement... ...

http://economictimes.indiatimes.com/markets/stocks/news/mtnl-surges-as-telecom-commission-approves-measures-to-revive-the-firm/articleshow/52072121.cms
HMT shuts shop, hands out pink slips to staf...

Tumakuru: It was a bad weekend for the last 120 employees of Hindustan Machine Tools (HMT) in Tumakuru, who got their relieving letters as the PSU... ...

http://timesofindia.indiatimes.com/city/hyderabad/HMT-shuts-shop-hands-out-pink-slips-to-staffers-on-May-Day/articleshow/52068308.cms
New financial year, old story

Despite the changes in the department of disinvestment (DoD) and its rechristening to the department of investment and public asset management... ...

http://smartinvestor.business-standard.com/market/Marketnews-381475-Marketnewsdet-New_financial_year_old_story.htm
ONGC, Oil India may seek cost recovery on marginal fields

The fields were not developed due to small reserve size, lack of infrastructure and economic unviability Mumbai: State-owned energy explorers that... ...

http://www.livemint.com/Industry/FuQbWgkX5euYD9v20JCoMO/ONGC-Oil-India-may-seek-cost-recovery-on-marginal-fields.html

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