Tag: PSUs

PFC, REC merger approved

The merger of REC into PFC will create a financing entity with an aggregate loan book of over Rs 11 lakh crore, according to a statement. The Share Exchange Ratio...

PSUs are bleeding – What is the remedy?

The operational results for FY23 are out. The government insurers have shown strain on various fronts. Their solvency margin continues to be adversely affected....

Asset monetisation perfectly workable

"Asset monetisation is a good way of raising non-tax revenue. It could be earmarked exclusively for financing public sector component of infrastructure. It is...

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HDFC Bank identifies 2 candidates for MD post

The bank has submitted the names of two candidates...

Navin’s forays into plotted development

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Croma announces special prices for iPhone 17 Pro

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Army Design Bureau reviews Garuda’s drone ops

IPO-bound Garuda Aerospace said it used the visit to...

Milky Mist’s new yoghurt plant goes on stream

In a statement, the company said the new facility...