Friday, December 2, 2022
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PSU Watch

News Updates

Petronet LNG Ltd records special interim dividend for FY23 today

PSU Watch Bureau -
Petronet LNG announced special interim dividend of Rs 7 on each share on November 9 and has recorded it on Tuesday, Nov 22 and will pay it on Dec 5
PSU Shares

PSU banks performing well in intra-day trade & touching fresh highs

PSU Watch Bureau -
PSU banks like UCO Bank, Canara Bank, Union Bank and Punjab National Bank touched their new 52-week highs in Tuesday’s intraday trade
PSU Shares

SBI shares rise by over 3% due to strong quarterly earnings

PSU Watch Bureau -
SBI shares rose by over three percent after the state-owned bank reported the highest-ever quarterly profit of Rs 13,265 crore in Q2FY23
News Updates

IEX trade volume dips by 13% to stand at 7,972 mn units in October

PSU Watch Bureau -
The total trade volume of Indian Energy Exchange (IEX) dipped 13 percent to 7,972 million units (MU) in October compared to a year ago
News Updates

LIC increases its shareholding in Tata Motors by over 5%

PSU Watch Bureau -
Shareholding by Life Insurance Corporation (LIC) in Tata Motors Ltd has crossed 5 percent as the insurer invested Rs 11.39 crore in the auto company
News Updates

Amit Shah lays foundation stone for new terminal at Gwalior Airport

PSU Watch Bureau -
Amit Shah laid the foundation stone for the development of a new terminal at the Gwalior Airport which will be a sustainable project and will cost Rs 450 crores
News Updates

PNB Q2 net profit falls by 63% to Rs 411 cr

PSU Watch Bureau -
PNB reported a 63 percent decline in its standalone net profit to Rs 411 crore for the September quarter on account of higher provisioning for bad loans
News Updates

Coal India production rises by 17% in April-October period

PSU Watch Bureau -
CIL has said that its coal production has increased by 17.4% to 351.9 million tonnes (MT) in the April-October period of the ongoing fiscal
News Updates

Power consumption grows marginally to 114.64 BU in October

PSU Watch Bureau -
India's power consumption rose just by 1.64% in Oct due to incessant unseasonal rains which kept mercury levels low and reduced the use of cooling appliances
News Updates

LIC picks up over 2% additional stake in Capri Global

PSU Watch Bureau -
LIC has raised its stake in Capri Global Capital by 2 percent over the last few months at an investment of Rs 257.37 crore
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PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.

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