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PSU Articles

SAIL plans to use ITmk3 technology in India

12/30/2011 5:33 PM | Friday | By Chandrakant Shukla
The Steel Authority of India (SAIL), in a JV with a Japanese firm Kobe Steel, has planned to invest Rs 1500 cr in a 0.5 MTPA iron making plant, SAIL-Kobe Iron India, in Durgapur, West Bengal. The plant is expected to be operational by 2014.

Govt. to infuse fresh capital in Bank of Baroda

12/27/2011 5:48 PM | Tuesday | By Vidrum Mehta
According to the media reports, the Govt. of India has agreed to a capital infusion of Rs 775 cr into Bank of Baroda (BOB), which will increase its stake in the bank by 97 bps to 58%.

US$ 500 million provisions to eat into Ranbaxy's profits

12/23/2011 9:55 AM | Friday | By Shrikant Akolkar
Indian pharma major, Ranbaxy, has set aside US$ 500 million (Rs 2500-2600 cr) after it signed a consent of decree with the USFDA. This provision is huge compared to analysts' expectation of US$ 250-300 (Rs 1300-1500 cr).

Where to invest in 2012

12/16/2011 3:08 PM | Friday |
With the political and economic scenarios across the world, including India, not favourable for the equity markets, 2012 may laggardly follow in the steps of its predecessor. Therefore, investors would have to step ahead with caution.

Markets may open flat ahead of RBI’s policy review

12/16/2011 8:29 AM | Friday | By Prabhat Anantharaman
Looking at the moderation and sluggishness in economic growth coupled with a cooling off inflation, we at DSIJ expect RBI to take a pause in its hawkish monetary policy.

Petronet LNG - A good buying opportunity

12/15/2011 10:15 AM | Thursday | By Prabhat Anantharaman
Petronet is trying to cater to the heavy demand for natural gas in India and compensate for the supply shortfalls as a result of dwindling domestic production from the KG basin.

GAIL inks agreement with US's Chenerie Energy

12/13/2011 2:23 PM | Tuesday | By Prabhat Anantharaman
GAIL (India) has signed a Sales & Purchase Agreement for supply of 3.5 mn tonnes per annum (MTPA) of LNG for 20 years with Sabine Pass Liquefaction, LLC, a subsidiary of Cheniere Energy Partners, L.P., USA.

Syndicate Bank - Bankable assets

12/05/2011 12:54 PM | Monday |
Syndicate Bank expects its credit and deposits growth to be in line with RBI’s projections.

PSUs: Safest stock market bet

12/05/2011 12:29 PM | Monday |
Indian PSUs have performed well in Q2FY11, in sharp contrast to the performance of the private sector. The positive results emerged despite rising raw material prices and political crises.

SAIL led consortium bags iron ore mining orders in Afghanistan

12/02/2011 11:17 AM | Friday | By Chandrakant Shukla
SAIL, with its consortium group members, has bagged 3 out of 4 iron ore blocks in Hajigak, Afghanistan.
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