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......
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......
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......
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......
BSE PSU index rallies 10% in one month; nearly a third of the stocks on the index has gained 20% over the period Shares of several state-owned companies are seeing an upsurge on the Dalal Street.......