[ad_1] Coal India Ltd (CIL) has announced a uniform levy of ₹300 per tonne across all mines of its subsidiary, Northern Coalfields Ltd (NCL), effective from May 1, 2025. The move, approved by the CIL board, is expected to generate additional revenue of approximately ₹3,877.50 crore. The charge, named the “Singrauli Punarasthapan Charge,” will be […]
IRFC, BHEL, other PSU stocks surge up to 6% on new dividend, bonus norms – CNBC TV18
[ad_1] Shares of India’s state-run companies are surging on Tuesday, November 19, after the government made changes to their capital restructuring norms after eight years. The Nifty PSE index, an index of India’s 20 state-run companies, is currently trading with gains of over 2%, with all constituents trading with gains between 0.5% to as high […]
‘PSU stocks may need to fall further,’ says this chartist; Explains why – CNBC TV18
[ad_1] India’s state-run companies, after a stellar run in the first few months of the year, appear to have run out of steam, after the index made a recent top on August 1. The Nifty PSE index declined 1.7% in August, and is currently down 5% so far in the month of September. The fact […]