The market capitalisation of BSE-listed companies soared to an all-time high of Rs 406.52 lakh crore on Monday thanks to a rally in equities where the BSE Sensex climbed over 1 per cent. The 30-share BSE Sensex rallied 941.12 points or 1.28 per cent to finish at 74,671.28. During the day, it zoomed 990.99 points or 1.34 per cent to 74,721.15.
Both the phases of the FPO may see SAIL and government selling five per cent equity each -- while a total of 10 per cent shares could be sold in the current fiscal with the remaining during the next fiscal.
Steel Authority of India Ltd, the country's largest steel company, plans to float an overseas subsidiary to pursue its foreign expansion.
State-owned BHEL on Friday said it is in talks with SAIL and Vizag Steel to tie up for manufacturing high grade steel, while Korean steel maker Posco may join the proposed joint venture company as a technology partner.
'aris can be boiling hot in July. The choice of viscose over cotton was deliberate. Cotton would have crushed badly. We used viscose because it is a wood pulp fibre and lets you breathe. It is cooler than silk. We had to consider breathability because the athletes would be on a barge, in the heat, for up to five hours.'
CR7's social media posts of late have been of him relaxing in scenic places.
Going by the experience of the previous years -- when the actual proceeds from stake sale were much lower than the targets -- the government's disinvestment target for 2014-15 appears too ambitious.
Imphal, the Indian Navy's latest indigenous guided missile destroyer, scored a bull's eye in her maiden Brahmos firing at sea.
State-owned SAIL on Monday said it will invest Rs 100 crore (Rs 1 billion) to revive its Uttar Pradesh unit, formerly known as Malvika Steel, which the steelmaker acquired last year.
Mechanised mining is set to become operational in Chiria in three years' time.
Lakshya Sen recorded another comfortable win but double Olympic medallist P V Sindhu and Kidambi Srikanth had to work hard to enter the semi-finals
Kidambi Srikanth progressed to the men's singles second round with a stunning win over Chinese Taipei's Chou Tien Chen.
Defending champion Saina Nehwal sailed into the semi-finals of the Indonesia Super Series Premier after a straight-games victory over Carolina Marin of Spain, in Jakarta, on Friday.
A look at the best catches of the match.
Former Australian Open finalists Kim Clijsters and Marcos Baghdatis signalled their intentions ahead of next week's first grand slam of the year by winning their matches at the Sydney International on Wednesday.
'Our producer Adi Chopra really wanted a proper kiss in the film... ' 'But Rani was not comfortable. She said, yes, but was so awkward and conscious!'
The torch for the Paris 2024 Olympic Games was lit in ancient Olympia
France showcased its cultural diversity, spirit of revolution, impeccable craftsmanship, and architectural heritage in a riveting opening ceremony for the 33rd Olympic Games.
'Right now hockey is totally changed and anyone can beat anyone depending on the day. It depends on how many chances you create.'
AIFF seeks investigation into Qatar's controversial goal against India
Holders Manchester City beat Chelsea 1-0 with a late Bernardo Silva goal on Saturday to reach the FA Cup final after an absorbing end-to-end Wembley semi-final left the exhausted winners still chasing a domestic double.
Stock markets would take cues from the upcoming macroeconomic data announcements and global trends besides keeping a watch on the trading activity of foreign investors, analysts said. The last batch of the ongoing earnings calendar would trigger stock-specific action, traders said. "This week, we have to deal with macroeconomic data on both the domestic and global front.
IMAGES from Day 9 of the Wimbledon Championships, at the All England Lawn Tennis and Croquet Club, London, on Tuesday.
With a jam-packed schedule brimming with both legendary athletes and captivating storylines, Paris 2024 promises unforgettable moments.
However, the territorial administration cancelled the journey of two other vessels following warning of high tidal waves in the Arabian Sea due to tremors that hit South East and South Asia.
Captain Uday Saharan said winning a close match against South Africa in the semi-finals will benefit India in the final.
An analysis of the financial performance of nine leading global companies during January-June 2009 showed that only three of them registered profits, with SAIL's profit being the highest.
Ruturaj Gaikwad's 98 was a display of pure power and precision, laced with 10 boundaries and 3 towering sixes.
Kolkata Knight Riders cruised to a comfortable win over Lucknow Super Giants in the first match of the Sunday double-header.
Only 112 CEOs were not too confident to conclude that the confidence motion would be taken to a logical conclusion in view of conflicting reports emanating from various political parties, Assocham said. With the signing of the nuclear agreement, investments to the tune of $40 billion can be generated in field of nuclear energy in the country as leading industrialists have started negotiations with their prospective counterparts to produce nuclear power, the survey said.
'2020 will show whether India's troubled domestic economic and political house reveals a mismatch in their strategic association or whether closer strategic ties are yet possible,' says Anita Inder Singh.
The Sittwe deal is more significant than Chabahar in Iran, where India has rights to operate only two terminals and not the port itself.
Images from the T20 World Cup Super Eight Group 1 match between India and Australia, at Gros Islet, St Lucia, on Monday.
The bowlers who bowled the best spell in Bengaluru on Friday, March 29, 2024.
The legislators landed at the Birsa Munda Airport in Ranchi in a chartered flight and were taken to the Circuit House in the city in two buses.
Enthused by the success of last year's voluntary retirement scheme, Steel Authority of India Ltd plans to further rationalise its workforce by another 5,000 this fiscal.
Priyansh, Jyothi make compound semis
A battle-hardened Vidarbha won't make it easy for 41-times Mumbai in the Ranji Trophy final, starting on Sunday.
Sindhu progressed to the quarterfinals with an easy straight-game win over Japan's Aya Ohori