Privatisation-bound Bharat Petroleum Corporation (BPCL) may sell a part of its stake in Petronet LNG and Indraprastha Gas (IGL) to shed its promoter status to obviate the need for its new owner to make open offers for the two gas companies, sources said. BPCL holds 12.5 per cent of shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas retailer, IGL. It is a promoter of both the listed companies and holds board positions. As per the legal position evaluated by Department of Investment and Public Asset Management (DIPAM) - the department running the process for sale of government's entire 52.98 per cent stake in BPCL - the acquirer of BPCL will have to make an open offer to the minority shareholders of Petronet and IGL for acquisition of 26 per cent shares, three sources with knowledge of the matter said.
A burgeoning third wicket stand between Babar Azam and Abdullah Shafique had kept Pakistan in the contest and the duo continued to frustrate Australia when play resumed.
Popularly known as capital protection funds, mutual funds are now making these products available to retail investors as well. ICICI Prudential asset management company (AMC) launched their Nifty-linked FMP a closed-ended product and now Deutsche AMC has launched a similar product.
India's home series against England will be up for discussion alongside the scheduling of the upcoming tour of Australia and the domestic season when the BCCI's apex council holds an online meeting on October 17.
All-purpose recipe -- great for tiffins or for starters. Crispy and fun.
'This is what happens when you get consumed by absolute power and the arrogance that accompanies it.'
'We are worried for the workers because in the private sector, jobs are not secure, there is no decent work condition and there is no social security.' 'That's why we are opposing the economic policies of this government.'
It will be my top pick when I graduate to a half-marathon, says Veer Arjun Singh.
Shiva Thapa and Vikas Krishan will be among India's best bets to better both the colour and number of medals at the 19th World Boxing Championships, starting in Hamburg on Friday.
This smartwatch is to Android what the Apple Watch is to the iPhone, says Khalid Anzar.
Sanjib Jha, CEO, Coverfox Insurance Broking answers your health insurance related queries.
In true Karnataka political style, which cuts across parties and loyalties, any reinstatement of Yeddiyurappa, even with adequate legislative majority, could trigger rebellion from within, which could embarrass the Modi-Shah duo than any other development elsewhere in the country, says N Sathiya Moorthy.
'If you are below your best against top-quality sides you'll get found out and they were.'
'Don't take being laid off personally or as a reflection of your performance if you have always been a good performer,' says HR Expert Khevna Shah.
In the op-ed 'An open letter to Trump from the US press corps' published on Wednesday in CJR, Pope says that the relationship between the media and the President-elect are strained.
Seven months after it was launched in India, Apple is expected to start manufacturing the iPhone 13 at the Foxconn plant in Sriperumbudur near Chennai from April, according to sources. The phones will be for both the domestic and export market. The production of the iPhone 13 in the Chennai plant was meant to start from January but had to be postponed after Apple suspended production following protests in December by women workers about food poisoning. An Apple spokesperson did not respond to an e-mail query.
Tamil Nadu is the celebrated home of the 'social justice' movement in the country, yet caste differences and violence has only been increasing in numbers and becoming more brutal in recent years, observes N Sathiya Moorthy.
'And Nana Patole fits the bill perfectly.' 'There is nothing wrong in being aggressive and today Patole is our angry young man.'
During the winter, Badrinath's 45 kg of gold and 35 kg of silver is kept at the Narsingh temple in Joshimath, located about half a kilometre from the houses which have developed cracks because of the subsidence.
Multilateral platforms are being misused to justify and protect perpetrators of terrorism, External Affairs Minister S Jaishankar said
Companies that do not know why they are doing good also do not know why they are failing when they are on a downward slide, notes Baqar Iftikhar Naqvi, founder and CEO, Upriver, a sales accelerator firm.
To ramp up domestic battery manufacturing capacity and reduce the dependence on imports, the government has initiated talks with a few lithium-rich countries to supply the mineral to Indian companies, industry sources informed Business Standard. The Ministry of External Affairs (MEA) held a meeting with the ambassadors of countries, including Argentina, Chile, and Bolivia, among others, to put forth its request.
Vincent van der Merwe cautioned that the reintroduction project is going to see even higher mortalities in the next few months when cheetahs try to establish territories and come face to face with leopards and tigers in the Kuno National Park.
Only NIIF has stayed the course as a viable infrastructure financing institution.
Nutrition and stress management expert Dr Khushboo Thakker Garodia explains how eggs, almonds and rajgira can strengthen your immunity and keep you energised.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
Travel companies and agencies are offering early bird discounts going up to 40 per cent. Priyadarshini Maji reports
The existing strategies are based on one-size-fits-all approach.
Former chairman of the UIDAI Nandan Nilekani, elucidates how Aadhaar could become the spine for alternative banking and could replace government services with cash benefits.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Joginder Tuteja looks at Ranbir's films, which have seen the best opening collections.
The credit guarantee cover under the scheme would be both transaction-based (for single eligible borrowers) and umbrella-based (for a group of eligible borrowers).
English umpire Michael Gough was due to officiate Sunday's game between India and New Zealand in Dubai but was withdrawn following his breach and was replaced by South Africa's Marais Erasmus.
A movie that seeks to explore an 'alternate history' cannot be so superficial, sighs Utkarsh Mishra.
Starting your day with breakfast cereals or granola bars is something diabetic patients should totally avoid.
You can build your own retirement savings portfolio by investing in equity, hybrid and/or debt funds. Alternatively, you can also invest in retirement funds which provide asset allocation solutions for different investment needs and risk appetites, says Dwaipayan Bose
Improved credit profile may make you eligible to transfer your existing home loan to another lender at a much lower rate.
