Tag: PSU

Mutual funds raise exposure to PSU banks to 15-month high in May

MUMBAI: As covid-led uncertainties are gradually receding, mutual fund houses are increasing their exposure to the banking sector, especially in the public sector undertaking (PSU)...

Mangalore Refinery and Petrochemicals employs more than 70% from Karnataka

Mangalore Refinery and Petrochemicals () has initiated an investigation into the concerns raised by people’s representatives on bypassing local people in recruitments and employing people...

Stocks to buy: What to avoid is more important than what to buy now: Viraj Mehta

“We are a reasonable believer in mean reversion. We would have bought in pharma and agro chemicals three years back. Today we think there is...

Dues cleared, HAL cash position back in the black after 2 years | India News

BENGALURU: From having had to borrow to even pay salaries in 2018-19, defence PSU HAL’s cash position is back in the black with most dues...

value stocks: Emam’s Sridhar Sivaram on how to avoid falling in value traps

The best way to participate in the PSU reboot is to buy a PSU bucket. “If I am a retail investor, I would buy a...

amfi: Did AMFI do a U-turn on Sebi’s AT1 bond rule for mutual funds?

While the Finance Ministry’s ‘request’ to Sebi to withdraw the new valuation rule for perpetual bonds surprised many, what intrigued industry watchers more was mutual...

earnings: It will be an earnings upgrade story in Q4: Atul Bhole

When nominal GDP grows at a higher rate, that is always good for credit growth of banks, which can also see some margin expansion going...

what to buy: Growth or value investor, stick to your core, don’t switch style: Vikas Khemani

If you are looking at markets from a three-to-five year perspective, you should look at this kind of consolidation phase to make investments, says Vikas...

Bharti Airtel | Tata Motors: Time to add Bharti Airtel, Tata Motors: Daljeet Singh Kohli

Commercial vehicles are catching up now. It should be good for companies like Tata Motors. Ashok Leyland is one of the choices but we feel...

what to buy: Sandip Sabharwal on what to buy if the market falls further

Sandip Sabharwal, analyst, asksandipsabharwal.com, says if markets decline further, he would like to buy cyclicals like L&T or some consumption stocks, banks, if they come...

mutual funds: It takes a bit of courage to remain fully invested: Sunil Subramaniam

There is need to identify PSU banks based on sector specific analysis, says Sunil Subramaniam, MD & CEO, Sundaram Mutual From the pre Budget low,...

market outlook: After solid Budget rally, wait for some adverse action to deploy fresh money

It was a historic week for the Indian market, with the equity indices recording the biggest-ever ‘Budget Day’ gain in absolute terms and the best-ever...

Confident that disinvestment calendar will work well, non-tax revenues to improve in FY22: FM

NEW DELHI: Finance Minister Nirmala Sitharaman on Thursday exuded confidence that the disinvestment calendar announced in the Union Budget will “work well”. Addressing members of...

Reliance: Atul Suri on why further correction in market can’t be ruled out

Money is moving away from some of the quality and maybe a little expensive stocks towards the beaten down deep value stocks in anticipation of...

Stock Market: Keep out of smaller banks, they could be value traps: Ajay Srivastava

What surprised us most were the metal stocks. Their climb has been incredible says Ajay Srivastava, CEO, Dimensions Corporate Finance. You had bought a lot...

QIP fund raising: PNB, IDBI Bank complete QIP helped by peer PSU banks

Mumbai: State owned Punjab National Bank (PNB) and Life Insurance Corp (LIC) contolled IDBI Bank managed less than their targeted amounts through a qualified institutional...

DII versus FII: Tug of war between DIIs & FIIs unlikely to end anytime soon

The week gone by further strengthened the hands of the bulls, with Nifty50 crossing the 13,500 mark for the first time in history. However, there...

Faced with revenue worries, Centre may look at PSUs for higher dividends

NEW DELHI: The Union government may look towards its cash-rich public sector undertakings and those falling behind on their capex plans for current fiscal to...

CIL: Coal India posts 8% offtake growth in November

New Delhi: State-owned CIL on Wednesday said overall offtake of coal increased by 8 per cent to 51.3 million tonnes last month, spurred by increased...

Retired PSU bankers may get one rank, one pension plan

(This story originally appeared in on Nov 11, 2020) MUMBAI: A one-rank, one pension (OROP) kind of scheme is in the works for retired PSU...

SBI stock outlook: Analysts see up to 45% upside in SBI shares post Q2 results

NEW DELHI: Brokerages have mostly retained their bullish view on State Bank of India (SBI) after the PSU lender posted better-than-expected quarterly earnings. SBI reported...

market outlook: US polls, Europe lockdowns to keep markets choppy with negative bias

Mr Market reacted negatively to the news of a second wave of virus infections in the European countries, leading to a second lockdown in Germany...

NITI Aayog begins groundwork on identifying more PSUs for sale

NEW DELHI: NITI Aayog has begun the groundwork for selecting the next set of public sector enterprises for strategic sale and disinvestment. A preliminary meeting...

Investing only in fixed deposits and PPF will not help you reach long-term goals

I am 33 years old and invest in Axis Bluechip, Axis Banking and PSU Debt, Parag Parikh Long Term Equity, Kotak Standard Multicap, Mirae Asset...

MFs’ dividend reinvestment, payout options can hit returns

I am 23 years old and my maximum monthly expenditure is around ₹8,000. I have zero debt or liability and I save nearly 80% of...