Gajendra Singh, Member, PNGRB (Petroleum & Natural Gas Regulatory Board), says PNGRB has come out with pricing revision because the companies, because of the volume growth, had made more than 12% returns Since this is a regulated entity, PNGRB is only ensuring that whatever the fine print was, if they are making returns of more … Read more
Mumbai: Gujarat-based listed public sector undertakings (PSUs) were among the top performers on the bourses on Wednesday after the state government announced a policy defining a minimum threshold of dividend distribution and allotting bonus shares for all the companies it owns. Shares of Gujarat State Fertilizers & Chemicals surged 20% and closed at a seven-month … Read more
Shares of Gujarat state public sector undertakings (PSUs) zoomed up to 17% in Wednesday’s trade after the state government announced a new policy for minimum levels of dividend distribution and bonus shares for its PSUs including listed companies. Shares of Gujarat Industries Power rallied 17% to Rs 89 on the BSE in today’s intraday trade, … Read more
Indian market started on a strong note on Friday, tracking positive global cues. The S&P BSE Sensex rallied nearly 300 points while Nifty50 reclaimed 16,000 levels in the first 15 minutes of trade. The rupee hit a fresh record low for the 5th day as it touched 79.94 against the US dollar. Sectorally, buying was … Read more