Sick PSUs list is starting point for FY16 divestments

A list of 65 floundering central public sector enterprises will serve as the starting point of the government’s Rs 28,500-crore (Rs 285-billion) ‘strategic disinvestment’ plan for......

Car manufacturers flock to Gujarat ITIs

Car makers have started hiring from Gujarat's industrial training institutes (ITIs) for their factories across the country. Maruti Suzuki India Ltd last year administered tests to 1,100 candidates......

Markets snap 4-day fall, Nifty ends above 5,350

India's benchmark shares indices ended almost 2% higher on Tuesday, snapping a four day losing streak, on the back of robust global cues, with Reliance Industries, financials and capital goods......

Merger of BSNL, MTNL and ITI mooted

A government body has recommended that state-run BSNL should merge its counterpart MTNL and telecom equipment manufacturer ITI with itself, a move that will help turn around the loss-making telecom......