Tag: PSU
RITES Soars 6% After Bagging Big Rail Deals in India and Africa
RITES is on the move—literally and financially. The stock of this railway engineering giant jumped 6% after it…
India’s ₹900 Bn Dividend Push on PSUs Raises Economic Red Flags, Say Analysts
India’s government wants more dividends—and wants them fast. In the last financial year, state-run companies paid a record…