DSIJ Mindshare

You must be aware of the divestment plans of the Government of India, wherein the government has divested its stake in various public sector undertakings (PSUs) and has thereby raised money from the markets.  The aim of the government’s divestment is to augments its revenue for the purpose of development.

The Reserve Bank of India deputy governor Viral Acharya has said that the Prompt Corrective Action (PCA) taken by the central bank against 11 public sector banks and one private bank has limited the losses of these banks and saved taxpayers’ money.

The stocks most likely to witness significant movement on the bourses on October 15, 2018 are Voltas Limited, Karnataka Bank Ltd., 3i Infotech, Tata Sponge Iron and Hindustan Unilever Limited. 

RajCOMP Info Services, a Govt of Rajasthan Undertaking has awarded a Letter Of Intent (LoI) to ITI Limited to execute RajNet project.

Major auto stock were buzzing as SIAM released sales data for the six months ending September. Domestic automobile sector registered 7.97 per cent growth in the production of vehicles from April-September period.