Markets
BSE See NSE See 39,434.94
311.98 (0.8%)
collapse Related Readings collapse

Awards Galore For Indian PSUs

| 12/13/2012 9:00 PM Thursday

Power Finance Corporation

CMD Receives Leading Energy Personality Award

Satnam Singh, CMD, Power Finance Corporation, was conferred with the ‘Leading Energy Personality – Finance’ Award by the Council of Power Utilities during the 5th India Power Awards held on 29th November, 2012 at a function organised in New Delhi. This award to Satnam Singh was unanimously decided by the jury for his outstanding contribution to the power sector.

Power Finance Corporation has also been conferred with India Power Award 2012 in the Institutional category of ‘Large Financial Institution’.

Both these awards were received by Satnam Singh, CMD, PFC from Dr M R Srinivasan, Member, India Atomic Energy Commission at a function organised by the Council of Power Utilities on 29th November, 2012.

Rural Electrification Corporation

Receives 'IPE - CSR Corporate Governance Award'

Rural Electrification Corporation (REC) has received the 'IPE - CSR Corporate Governance Award' in recognition of its best practices in CSR and the contribution made by the organisation, which has brought about a positive change to the people and the community at large. C P Bhatia, Zonal Manager, REC Western Zone, Mumbai, received the award on behalf of REC from Professor S Mahendra Dev, Director, Indira Gandhi Institute of Development Research, Delhi, in the presence of Professor R K Mishra, Director, Institute of Public Enterprise (IPE), Hyderabad. The IPE-CSR awards are endorsed by the World CSR Congress, CMO Asia & Asian Confederation of Business.

BHEL

Set To Invest Rs 2000 Crore For Solar Gear Making Plant

BHEL plans to invest upto Rs 2000 crore for setting up a solar equipment manufacturing facility having a capacity of 600 MW. BHEL, grappling with persisting headwinds in the power sector, is betting on business diversification spread across various areas including the solar energy and defence sectors. Solar equipment from some countries is coming into India at prices lower than their market value. Currently, there is no customs duty on imported solar power equipment.

Oil India

Government To Float OIL's Rs 2500 Crore Issue

The government has decided to sell a 10 per cent stake in oil explorer and producer Oil India (OIL) by January 15, 2013 after some government and industry officials said that it would be difficult to hold effective road shows abroad because of the Christmas-New Year break. This is the first time the government has given a formal time-frame for OIL's offer for sale that aims to raise Rs 2500 crore.

 

Find More Articles on: DSIJ Magazine, PSU Corner, Product, Large Cap, PSU

news letter

More for the early bird.

Get the post-market reports and breakfast news right in your inbox. See latest »

DSIJ Mindshare

Torrent Power shines on the bourses

Vinayak Gangule / Article rating: 5.0

Torrent Power sparked in Tuesday’s trading session as it informed bourses that it has received an approval from Gujarat Electricity Regulatory Commission (GERC) for the power procurement arrangement of 278 MW between the company's UNOSUGEN Power Plant (capacity of 382.5 MW) and its Licensed Distribution Business for cities of Ahmedabad, Gandhinagar and Surat.

12345678910Last

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Logistics sector will play a vital role in making the concept of ‘Make in India’ a success. This will be further aided by some of the recent steps taken by Government of India such as granting of infra sector status to logistics sector.

Best and worst Performing Sector Funds of Year 2017

Best and worst Performing Sector Funds of Year 2017

As the year-end has approached most of you are eager to know the mutual fund movers and shakers of the year 2017. Read on to find the performance of various sector dedicated funds.

Markets may start positive, but volatility likely due to F&O expiry

Markets may start positive, but volatility likely due to F&O expiry

The start of the F&O expiry day is likely to be in the green, but volatility may creep in with the progress of the session. The SGX Nifty suggests that the Nifty could open at 10,525 with gains of 32 points at the opening bell. 

Pidilite announces buyback of Rs 500 crore

Pidilite announces buyback of Rs 500 crore

The buyback offer comprises purchase of up to 50,00,000 equity shares. The buyback offer size comprises 0.975 per cent of the total paid-up equity capital of the company.

Bank Nifty drags markets to close in the red

Bank Nifty drags markets to close in the red

The late session fall in Bank Nifty changed the direction of the market, leading to a marginal fall in the benchmark indices. Bank Nifty yet again resisted at its multiple point downward sloping trendline level at 25733.

Six major underperforming MF schemes having higher expense ratios

Six major underperforming MF schemes having higher expense ratios

Mutual funds with a large size of assets under management (AUMs) are supposed to have lower expense ratios. However, there are schemes with large AUMs but having higher expense ratios and generating lower returns. 

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma index has come in as the healer in an otherwise sluggish market. Index has given a consolidation breakout at the 9420 level today and if the it sustains 9420, followed by 9628 on the upside, it has a long way to go.

Ten stocks close to their 52-week low

Ten stocks close to their 52-week low

Following stocks are close to their 52-week low as at 12.35 p.m. on December 27.

Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

The markets on December 27 opened gap down. BSE Sensex is trading at 34,068.15, up by 57.54 points and the Nifty is trading at 10,539.45, up by 7.95 points.

Five stocks with selling interest

Five stocks with selling interest

Overall volumes in futures & options currently stand at 62.75 lakh contracts with a turnover of Rs. 5,19,204.72 crore.