BPCL divestment completely off the table, says Hardeep Singh Puri

BPCL is a high revenue-earning public-sector undertaking (PSU) and plans to privatise it are completely off the table, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Tuesday after......

Planning to invest in PSU stocks? Be very careful

In the year to date, 61 PSUs have lost an average of 22 per cent, with five companies losing more than half their share value. The BSE PSU index is down 10.6 per cent. Illustration: Uttam......

CIL stake sale: Foreign bankers wary, deadline extended

Coal India was listed on November 4, 2010, and its market value today stands at over Rs 2 lakh crore. The government has for the third time extended deadline for appointment of merchant bankers for......

Govt earnings from PSU dividend, profit jump to Rs 88K crore

Government pressure on public sector undertakings to pay more dividend seems to have worked as the exchequer got Rs 88,188 crore (Rs 881.88 billion) in this financial year, which is Rs 14,320 crore......