News for 'a-psu'

Train ferrying oil catches fire in Tamil Nadu, services disrupted

Train ferrying oil catches fire in Tamil Nadu, services disrupted

Rediff.com13 Jul 2025

A moving goods train carrying diesel caught fire on Sunday at Tiruvallur in northern Tamil Nadu severely affecting train services on the arterial Chennai-Arakkonam rail route, which also links Chennai with Karnataka, Kerala and Andhra Pradesh, officials said.

Pak cyber group claims breach of Indian defence institutions

Pak cyber group claims breach of Indian defence institutions

Rediff.com5 May 2025

According to the sources, the claim suggests that the attackers may have compromised personal information related to defence personnel, including the login credentials.

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

Rediff.com15 Mar 2025

Global brokerage CLSA has lowered its target price for IndusInd Bank from Rs 1,200 to Rs 900 while maintaining an outperform rating on the stock after the private lender disclosed a net worth hit of Rs 1,500 crore due to an accounting gap. The revised price target still implies an upside of 34 per cent from current levels.

'Want To Stop Saving In PPF. Is It Ok?'

'Want To Stop Saving In PPF. Is It Ok?'

Rediff.com6 May 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Want A Govt Job? 10 Competitive Exams You Can Take

Want A Govt Job? 10 Competitive Exams You Can Take

Rediff.com29 Jan 2025

rediffGURU Rohit Gupta, co-founder and COO of College Vidya, provides a list of competitive exams that can help you land a job in the public sector.

A Week In The Life Of A PSU Banker

A Week In The Life Of A PSU Banker

Rediff.com12 May 2023

'The CM kept his cool, but his adviser was liberal with filthy language.' Tamal Bandyopadhyay recreates the diary of a general manager in a public sector bank, providing a glimpse of how they balance their work and life.

The cost of being a PSU

The cost of being a PSU

Rediff.com5 Apr 2010

Air India has very often been slammed for living off taxpayers' money - an impression that was patently wrong till a couple of months ago when the first tranche of Rs 800 crore was given to the airline as additional equity by the government

'I Quit My Job Because I Was Miserable'

'I Quit My Job Because I Was Miserable'

Rediff.com7 Oct 2024

Delhi-based Shubham Chakraborty, 32, a management graduate from XLRI, Jamshedpur, tells us how he fought anxiety and stress due to poor workplace management.

8 Debt Fund Investing Myths Busted

8 Debt Fund Investing Myths Busted

Rediff.com29 May 2024

P V Subramanyam clears some misconceptions about debt funds.

The Lives PSU Bankers Lead

The Lives PSU Bankers Lead

Rediff.com15 Jul 2024

A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.

Q3 result, stake sale buzz: Here's how analysts expect SBI stock to perform

Q3 result, stake sale buzz: Here's how analysts expect SBI stock to perform

Rediff.com14 Feb 2024

SBI Q3FY24 result review: A higher-than-factored weakness in the October-to-December quarter (Q3) results of State Bank of India (SBI), for financial year 2023-24 (FY24), has prompted brokerages to cut earnings estimates for the ongoing financial year. They, however, have maintained 'Buy' ratings on the stock, revising target price upwards in some cases, owing to the stock's recent underperformance relative to its peers.

Will Bull Run In PSU Banks Continue?

Will Bull Run In PSU Banks Continue?

Rediff.com6 Mar 2024

>It's not easy to predict the market. But there are at least two positive factors to back the PSU banks, explains Tamal Bandyopadhyay.

'Entire Ayodhya has become 'Rammay'

'Entire Ayodhya has become 'Rammay'

Rediff.com20 Jan 2024

The devotion to the deity is such that even commerce is not untouched by the spiritual feel in the holy city. Images of the grand temple is finding places even on visiting cards, posters, calendars and even signages.

'Why is my leave encashment not exempt from tax?'

'Why is my leave encashment not exempt from tax?'

Rediff.com7 Oct 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

More upsides ahead for Coal India

More upsides ahead for Coal India

Rediff.com4 Apr 2023

Conflicting views on Coal India (CIL) might leave investors confused. The bullish perspective that India has strong power demand (and also high steel production) means high demand for coal. As CIL is the monopoly producer of coal -- supplying over 80 per cent of the domestic requirement - the public sector undertaking should be a beneficiary of the rising power demand.

How to kill a PSU

How to kill a PSU

Rediff.com27 Feb 2007

There is the larger issue of whether PSUs should be going through such elaborate tendering procedures when no private company follows the same procedures. In today's ultra-competitive world, it does seem an invitation to disaster.

A Rainy Day Check-List for Chennaiites

A Rainy Day Check-List for Chennaiites

Rediff.com18 Dec 2023

If only you had thought ahead, you would have stocked snacks and biscuits, bread and cake, and vegetables suited for Amma or pondatti to make your favourite bajji and pakoda, observes N Sathiya Moorthy.

Look out circulars only under exceptional circumstances, says Cal HC

Look out circulars only under exceptional circumstances, says Cal HC

Rediff.com13 Jun 2023

Observing that a look out circular (LOC) restricts a person's free movement and the right to travel, the Calcutta high court has said it should be issued only in exceptional circumstances.

High speed Wi-Fi now available at 6,100 rail stations

High speed Wi-Fi now available at 6,100 rail stations

Rediff.com22 Mar 2022

The high-speed free Wi-Fi internet facility is now available at 6,100 railway stations across the country, RailTel said on Tuesday. "The milestone of 6,100 stations with Wi-Fi coverage was reached today (Tuesday) with the commissioning of Wi-Fi facility at Ubarni railway station (Rae Bareli district, UP) in Lucknow Division of Northern Railway," the statement by RailTel noted.

Which Banks Should You Keep Your Money?

Which Banks Should You Keep Your Money?

Rediff.com3 Apr 2023

Be wary of co-operative banks which have historically been most vulnerable.

How a PSU in India enjoys special privileges

How a PSU in India enjoys special privileges

Rediff.com20 Oct 2010

If the markets regulator has not yet sent an advisory note to Coal India on its chief executive's frequent announcements in the media, it is probably because it is a public sector enterprise.

Bharat Biotech's nasal Covid vaccine iNCOVACC launched

Bharat Biotech's nasal Covid vaccine iNCOVACC launched

Rediff.com26 Jan 2023

'iNCOVACC' is priced at Rs 800 for private markets and at Rs 325 for supplies to the government of India and state governments.

The fear of a PSU called Jet Airways

The fear of a PSU called Jet Airways

Rediff.com15 Sep 2009

Why the recent strike could see the carrier go Air India's way.

Modi's ambitious privatisation plans have few takers

Modi's ambitious privatisation plans have few takers

Rediff.com28 Dec 2022

It was touted as a game changer but big-ticket privatisation has been a mixed bag as the government faces unanticipated challenges of lukewarm investor response, employee union agitation and legal hurdles. Prime Minister Narendra Modi's often-repeated statement 'the government has no business to be in business' guided the drawing up of an ambitious privatisation pipeline. While Air India sale succeeded, Bharat Petroleum Corporation Ltd (BPCL) divestment failed.

Ask Anil: 'Sent 30L Abroad For Studies: Which ITR To File?'

Ask Anil: 'Sent 30L Abroad For Studies: Which ITR To File?'

Rediff.com25 Oct 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Own part of a PSU and partner with FM?

Own part of a PSU and partner with FM?

Rediff.com4 Jul 2009

From a consumer point of view too this would bring about an improvement in the service levels of these companies as there would be more pressure on these companies to perform better and get profits.

RBI directs oil cos to buy dollars from a PSU bank

RBI directs oil cos to buy dollars from a PSU bank

Rediff.com9 Jul 2013

State oil refiners, who are the biggest buyers of US dollars, agreed to implement the RBI order with immediate effect, sources with direct knowledge of the development said.

'How to claim income tax refund of a deceased person?'

'How to claim income tax refund of a deceased person?'

Rediff.com14 Nov 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

Buy half of dollars from a PSU bank: RBI to oil cos

Buy half of dollars from a PSU bank: RBI to oil cos

Rediff.com22 Jun 2012

RBI feels that oil firms seeking a single quote for their dollar requirement, instead of present practice of floating enquiring with several pubilc and private sector banks, would help check volatility and arrest the free-fall of the rupee.

My Superhero: 'I admire her self-respect'

My Superhero: 'I admire her self-respect'

Rediff.com8 Mar 2022

Prabhat Kumar from Kishtwar, Jammu and Kashmir explains how his wife Ranjana supported him and kept his family together in difficult times.

'Am I too aggressive with my SIPs?'

'Am I too aggressive with my SIPs?'

Rediff.com1 Dec 2022

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

Govt exploring possibility to produce Covaxin abroad

Govt exploring possibility to produce Covaxin abroad

Rediff.com21 May 2021

To address the shortage of COVID-19 jabs in the country, the government is exploring the possibility of boosting production of vaccines, including identifying manufacturing sites for indigenously developed Covaxin outside India, sources said.

Dept of Space gets Rs 13,949 crore in Budget

Dept of Space gets Rs 13,949 crore in Budget

Rediff.com1 Feb 2021

In Budget 2020-21, the Department of Space has been allocated Rs 13,949.09 crore, of which Rs 8,228.63 crore has been earmarked for capital expenditure.

Govt permits 100% FDI in oil PSUs approved for divestment

Govt permits 100% FDI in oil PSUs approved for divestment

Rediff.com29 Jul 2021

The government on Thursday permitted 100 per cent foreign investment under the automatic route in oil and gas PSUs which have received in-principle approval for strategic divestment. The move would facilitate privatisation of India's second biggest oil refiner Bharat Petroleum Corp Ltd (BPCL). The government is privatising BPCL and selling its entire 52.98 per cent stake in the company.

Ask Anil: 'Will I be in tax trouble if...'

Ask Anil: 'Will I be in tax trouble if...'

Rediff.com4 Feb 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Divestment push may boost PSU m-cap from all-time low currently

Divestment push may boost PSU m-cap from all-time low currently

Rediff.com19 Oct 2021

The share of public sector undertakings (PSUs) in the total market capitalisation of listed companies--at an all-time low of 10 per cent currently --- may get a leg-up from the government's divestment push. Recently the government announced the successful sale of national carrier Air India to Tata Sons, India's first privatisation of a PSU since 2002-03. The transaction is expected to be completed by December.

Anand on why chess players' careers are getting shortened

Anand on why chess players' careers are getting shortened

Rediff.com1 Jun 2021

Five-time World champion Viswanathan Anand said the career spans of chess players are getting shortened because of the intense competition within the sport.

Is any change in my portfolio required?

Is any change in my portfolio required?

Rediff.com15 Jun 2022

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries

Cabinet okays private participation in space sector

Cabinet okays private participation in space sector

Rediff.com24 Jun 2020

The Union Cabinet on Wednesday approved the participation of the private sector in the entire range of space activities, including planetary exploration missions, Union minister Jitendra Singh said. The newly-created Indian National Space Promotion and Authorisation Centre (IN-SPACe) will provide a level playing field for private companies to use Indian space infrastructure, Singh, who is the minister of state in the Prime Minister's Office, said.

Bengal chief secy retires, to act as chief advisor to CM: Mamata

Bengal chief secy retires, to act as chief advisor to CM: Mamata

Rediff.com31 May 2021

The Centre has asked him to join North Block on Tuesday but it cannot force an officer to join it without the permission of the state administration, Banerjee told a press conference.