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Divestment process in NTPC, SJVN picks pace

Taking the divestment process in NTPC and Satluj Jal Vidyut Nigam forward, the government is scouting for lead managers to advise it on the timing of the two public issues.The Divestment Department......

FM bets big on divestment, targets Rs 43,000 crore

Finance Minister Arun Jaitley, in the Budget for 2015-16, is likely to target around Rs 43,000 crore (Rs 430 billion) from divestment proceeds, almost the same level that the government expects to......

India Inc's cash flows back in positive zone

Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis Indian companies’ cash situation saw a marked improvement in 2013-14: These firms generated free......

Govt asks market regulator to relax FPO norms

The government has asked market regulator Securities and Exchange Board of India to allow relaxations in rules for follow-on public offerings, two people with knowledge of the development have......

Govt's stake sale plans set for a Diwali boost

The government's disinvestment programme is set to get a boost this Diwali, with the finance ministry planning to hit the market to sell a five per cent stake in Steel Authority of India Ltd (SAIL)......
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SJVN aims to increase installed capacity to 10,564 MW

S An Ultra Mega Renewable energy project envisaging generation of 3,500 MW power through solar and 600 MW through wind energy was in the pipeline... ...
SJVN powers FY15 profit by 50%, revenue by 54.5%

With a cumulative power generation of 8136 million units from its three operational power plants, public sector SJVN Limited has netted all time... ...
Two workers rescued after being ...

Shimla: Trapped for nine days, two workers were on Monday safely pulled out of the rubble of a partially collapsed under-construction tunnel in... ...
Letter to Jaitley rejects 'package myth'

Nitish Kumar Patna, Sept. 8: Chief minister Nitish Kumar today once again rejected Prime Minister Narendra Modi's special package worth Rs 1.25... ...
PM Modi's Rs 1.25 lakh cr package a myth to influence ...

Patna: Amid charges flying thick and fast over Centre's Rs 1.25 lakh crore package to Bihar ahead of Assembly polls, Chief Minister Nitish Kumar on... ...

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