Psu

Sensex Falls Over 300 Points From Day's High, Nifty Hovers Around 11,300

Business | Edited By Abhishek Vasudev | Thursday August 13, 2020

Six of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty PSU Bank index's 1 per cent decline.

Preparation On To Cap Assam Oil Well Spewing Gas For 78 Days: Report

India News | Press Trust of India | Wednesday August 12, 2020

Preparations are on to cap the damaged OIL well at Baghjan in Assam, which has been spewing gas uncontrollably for 78 days, the PSU said.

Sensex, Nifty Off Day's Lows; PSU Banks Gain, Metal, Pharma Shares Fall

Business | Edited By Abhishek Vasudev | Wednesday August 12, 2020

The equities have seen broad-based gains in the last few sessions and the Nifty 50 had gained nearly 4 per cent over the last six sessions.

Sensex, Nifty Off Day's Highs After Hitting 5-Month Highs

Business | Edited by Abhishek Vasudev (with inputs from Reuters) | Tuesday August 11, 2020

Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher ed by the Nifty Metal index's 2.5 per cent gain.

Second Attempt To Cap Assam Oil Well Fails In 10 Days

India News | Press Trust of India | Tuesday August 11, 2020

The second attempt to shut Oil India's damaged well at Baghjan in Assam, which has been spewing gas uncontrollably for 76 days, failed on Monday when the iron cable to lift the lid snapped, the PSU said.

India To Reduce Number Of State-Owned Banks From 12 To 5: Report

Business | Reuters | Monday July 20, 2020

The first part of the plan would be to sell majority stakes in six state-owned banks

CBI Arrests NTPC Official For Taking Rs 1 Lakh Bribe

India News | ANI | Thursday July 16, 2020

The CBI has arrested a manager of the National Thermal Power Corporation (NTPC) Phalodi, Jodhpur, for allegedly receiving Rs one lakh as bribe for clearing bills and allowing smooth functioning of work relating to cleaning of a solar plant of the PSU, officials said on Thursday.

Sensex, Nifty Struggle Amid Broad-Based Selling Pressure

Business | Edited By Abhishek Vasudev | Friday July 10, 2020

Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty PSU Bank index's 3 per cent fall.

Sensex Ends 143 Points Lower As Financial Stocks Weigh On Markets

Business | Edited By Abhishek Vasudev | Friday July 10, 2020

Seven of 11 sector gauges compiled by the National Stock Exchange ended lower led Nifty PSU Bank index's 2.7 per cent fall.

Operations Suspended At Assam's Baghjan Gas Well Fire Site Due To Flood

India News | Press Trust of India | Sunday June 28, 2020

All ongoing works to douse a blaze at a damaged gas well in Assam's Baghjan have been suspended with floodwaters inundating the site and submerging the pumps installed to put out the fire, PSU major Oil India Limited (OIL) said on Saturday.

No Oil Flow From Assam's Baghjan Gas Well Site To Water Bodies: Oil India

India News | Press Trust of India | Saturday June 27, 2020

PSU major Oil India Limited on Friday said that no oil is flowing into water bodies from a gas well in Assam's Baghjan following a blowout last month, as claimed in a video clip which has gone viral on social media.

Assam Fire: Oil India To Pay Interim Fine Of Rs 25 Crore To Green Court

India News | Press Trust of India | Thursday June 25, 2020

The National Green Tribunal has imposed an interim penalty of Rs 25 crore on PSU major Oil India over its failure to stop fire in Assam's Baghjan oil well resulting in damage to the environment.

Sensex, Nifty Surge To Over Three-Month Highs Led By Banks

Business | Written by Abhishek Vasudev | Monday June 22, 2020

All sector gauges barring the Nifty IT index were trading higher led by gains in Nifty PSU Bank index's over 4 per cent gain.

Sensex, Nifty End At Over Three-Month Highs Led By Metal, Banking Shares

Business | Written by Abhishek Vasudev | Monday June 22, 2020

All sector gauges barring the Nifty IT index were ended higher led by gains in Nifty PSU Bank index's nearly 4 per cent gain.

Experts Submit Plan To Control Assam Gas Well Fire To Centre

India News | Press Trust of India | Friday June 12, 2020

Experts including those from Singapore have submitted a detailed draft plan to control the fire in a gas well in Assam's Tinsukia district has been submitted to the Union Ministry of Petroleum and Natural Gases, Public sector undertakings (PSU) major Oil India Limited (OIL) said in a statement.