India was among the top-five economies with the largest general government capital stock level, said, in 2015, an International Monetary Fund report called "Making Public Investment More Efficient". The report fuelled a debate on countries sitting on piles of cash that could be used better. India was believed to have public assets worth $4.5 trillion. The report urged countries to start asset recycling. Six years after the report, Australia's success in asset recycling has turned India into a believer; despite doing averagely in its previous efforts on roads, railways or meeting its divestment targets.
Reliance had already invested Rs 3,900 crore in the state.
Finance ministry advises banks to invoke personal guarantees of all promoters whose companies have gone to NCLT for debt resolution.
While its top officers like functional directors and joint managing directors are entitled to get 24 free tickets each year, deputy general managers and above get 20 passages under a scheme called Passage Entitlement-Vacation Travel.
After an eight year gap, the Akhil Bharatiya Vidyarthi Parishad swept the student union elections in the University of Hyderabad for 2018-19, winning the top six posts.
Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.
The British pharma and consumer products maker had announced the open offer in November last year to raise its stake in its subsidiary to 75 per cent from 43.16 per cent at present.
Motorola launches Moto Turbo for Rs 41,999.
Amid deepening crisis in Afghanistan, United States President Joe Biden defended his move to withdraw troops from the country, saying history will record this as a 'logical, rational, and right decision'.
Rajneesh Gupta lists the Indian players's T20 Internationals records updated after the game against Scotland in the T20 World Cup.
Given the strong prospects in the business, analysts expect the company to clock healthy growth of 15-20 per cent, going ahead.
Open offer to increase holding to 75%, fails to enthuse institutional investors.
Post the offer, GSK's holding will be 75 per cent from the present 43.2 per cent.
The vaccine arrives at a critical moment for the US. Hospitalisations due to COVID-19 hit record highs for the seventh day in a row on Saturday.
"Seven lines of the Delhi Metro network are now open! Thank you dear commuters for following the safety guidelines and helping us maintain good service. #MetroBackOnTrack," the DMRC tweeted after the three new lines resumed services.
The rating was downgraded despite 25 per cent held by stronger partner Indian Hotels, which operates the company's seven properties in India.
The battle for control of Parkway Holdings, Asia's largest hospital chain, is set to be fought in Singapore. Khazanah, the Malaysian government-owned investment fund, which is the second largest shareholder in Parkway through Integrated Healthcare Holdings, has fired the first salvo by offering S$1.18 billion (US $710 million or over Rs 3,900 crore) for a majority stake in the company that is currently controlled by the Singh-family promoted Fortis Healthcare.
Globally, London's Tube and French railway networks are already using this technology in their corrosion-prone areas.
Baldev Raj, scientist and director, Indira Gandhi Centre for Atomic Research, Kalpakkam, said the current installed nuclear power generation capacity is likely to increase five-fold to 25,000 Mwe by 2050 from the current 3,900 Mwe. The proposed expansion would require over Rs 125,000 crore. Nuclear power accounts for 3 per cent of India's total electricity generation and is estimated to go up to 25 per cent in 2050.
Retail prices of sugar dipped 6 per cent after the government announced a slew of measures on January 13. Prices of grain and pulses have remained unchanged.
Lack of security provisions coupled with inadequate infrastructure and lukewarm response from jewellers have put the government decision of making hallmarking mandatory for gold from January 1, 2008 into uncertainties.
While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.
Loan approval marks EIB's first direct exposure to a plant in India.
The earnings are, however, expected to be down around 2 per cent on a sequential basis due to pent-up demand getting exhausted and the adverse impact of rising metals and energy prices on consumer goods and manufacturing companies.
Maharashtra has reported 3,75,799 coronavirus cases, the highest among states in the country.
Brands in FMCG sector have taken to brand valuation to identify the potential and realised value of the brand names.
Neotel, South Africa's second fixed line operator, intends to re-finance the debt with a long-term facility after 12 months.
The use of these bulbs is estimated to save 3,900 Mw of power, leading to an annual saving of Rs 7,990 crore
'The recent price hike would only be beneficial if the airlines continue to operate at 80 per cent airline capacity. An increase towards 90 or 100 per cent airline capacity would again add pressure to the fares as demand remains muted. Also, we are in the fourth quarter of the fiscal year which is a seasonally weaker quarter,' says an analyst.
Virat Kohli will join the elite company of eleven other Indians and a total of 70 other players across the various countries to complete the century of Test match appearances.
The renovations at the old hotels will be complete in two and a half years and tariffs will range between Rs 2,500 and Rs 4,000
The tanks with new systems will be imported from Russia at an estimated cost of Rs 3,900 crore and are likely to be inducted over the next two years, army officials said.
"Everybody in this country has the responsibility to implement the law which has been passed in Parliament,", the minister, who was in Chennai as part of the BJP's nationwide 'Jan Jagran Abhiyan' campaign in support of the Act, said.
Fighting the coronavirus pandemic is hard, in fact it seems impossible. Doctors, nurses, carers and paramedics around the world are facing an unprecedented workload in overstretched health facilities, and with no end in sight. They are working in stressful and frightening work environments, not just because the virus is little understood, but because in most settings they are under-protected, overworked and themselves vulnerable to infection. The risk to doctors, nurses and others on the front lines has become plain: Italy has seen at least 18 doctors with coronavirus die. Spain reported that more than 3,900 health care workers have become infected. In dire times such as these, people are trying their best to show their appreciation to the frontline workers. Here are some images -- from clapping for them to singing for them.. A 'thank you' in any way goes a long way around.
Confectionary major Candico on Wednesday announced acquisition of a plant in Tanzania and unveiled its plans to set up a major plant in Johannesburg at an investment of $ 5 million as a part of the company's strategy to enter global market.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Top ten defaulters, including Daewoo Motors and Malvika Steel Ltd, owe scheduled commercial banks Rs 3908.96 crore (Rs 39.09 billion), Finance Minister P Chidambaram said in New Delhi.
