Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.
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One of India's biggest watch makers, HMT Watches will wind up soon.
Over the years, Mr Singh has got in and out of innumerable businesses, cutting across sectors. He is one businessman who I have always found to be in a start-up mode, says Bhupesh Bhandari.
The aspirations of India's people have gotten far ahead of the political debate as one sees the malls in tier-2 cities and car showrooms in 'rurbanised' towns, notes Shashi Shekhar, who visited India after two years.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The company no longer sees the London listing as necessary to access capital and the deal will simplify Vedanta's corporate structure.
'There were 10-15 JNU guys who came in fake lawyer dress and instigated the violence. They want to give us a bad name.' 'When someone holds my brother lawyer's neck must I wait for permission from the media and the police to beat the attacker?' 'These JNU guys are raising anti-India slogans and I am saying Hindustan Zindabad and you say I have created problems.' Lawyer Yashpal Singh tries to explain the violence outside a Delhi court.
Estimated to cost $44 billion, the project was expected to be commissioned by 2025.
But private Indian defence firms prefer to do business with the West. Indian CEOs say they encounter difficulties in obtaining full and timely payment from Russian partners.
Foreign institutional investors (FIIs) have raised their stakes in public sector oil marketing companies (OMCs) in the three months ended September 30 - the first quarter after the government decontrolled petrol prices and announced plans to decontrol diesel rates as well.
Infrastructure major Hindustan Construction Company (HCC) on Friday expressed hope that it would soon get environment clearances for the first phase of its Rs 3,000 crore (Rs 30 billion) Lavasa project, a hill city being developed near Pune.
The Hot Wheels pavilion, featuring two life-size models inspired by Mattel's die-cast models, is a supercharged treat for fans, says Rajesh Karkera.
Hindustan Levers Ltd, India's top consumer goods firm, is likely to report first-quarter net profit fell nearly 13 per cent and revenue dipped as distributors held off on new orders due to uncertainty over a new value-added tax.
Scotsman David Robertson, who guided Real Kashmir FC to the top-flight of Indian football in an extraordinary season, says "isolation" is coming in the way of the valley's talented players getting recognition.
'If Indians are as smart as their counterparts in university, and have equal opportunity, then what is the reason that we cannot produce inventions of quality that are recognised by the world?'
'When the lockdown grounded a billion people, nothing had been planned well: Testing, masks, face shields, protective gear, medical equipment, contact tracing ... nothing.' 'Before COVID, if you didn't know that the state had neither the money, nor the intent, nor the capacity to govern wisely and humanely, you were simply blind.' 'After COVID, if we continue to look to the State, look forward to a financial package or ask "What is the government doing" when faced with a calamity, the joke is on us, says Debashis Basu.
HAL defied form and name to upset former champions Dempo 4-2 to move out of the I-League's relegation zone and stay afloat for the next season.
The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance Factory Board factories.
The Marylebone Cricket Club's World Cricket Committee said they are not in favour of cricket legend Sachin Tendulkar's suggestion of experimenting with two pitches in domestic cricket to aid in preparing the Indian team for overseas Test matches.
In the early hours of Tuesday, 12 Indian Air Force Mirage-2000 fighter jets entered Pakistani airspace and dropped 1,000-kg laser-guided bombs on Jaish-e-Mohammed terror launch pads across the Line of Control.
'National assets, created over the years through tax-payers's money, should not be handed over to business houses at throwaway prices.'
Company may look at 5-6 launches a year as the market for premium and niche products grows
Indian media has hailed their cricket team's first Test victory on New Zealand soil since 1976 while former players backed the team to win their first Test series in New Zealand in four decades.
If the new request for 18 more fighters translates into a contract, the Sukhoi-30MKI fleet size will go up to 14 squadrons, or 290 fighters.
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.
The space agency has set 2020 as the deadline for the first privately built rocket to be launched into space.
A senior official in the central labour commissioner's office said the efforts of the government were to resolve the cases amicably and not to press for legal action against employers. "Everyone is going through tough times. We could initiate legal action if we want but that's not the idea. We want to address the issues amicably," the official said.
The board meeting also saw Mehta, 57, being re-appointed as MD & CEO for a period of five years after the completion of his term in October
Public sector oil marketing company Indian Oil Corporation (IOC) will raise prices of petrol by 27 paise a litre, - for the first time since decontrolling petrol prices.
Dipa Karmakar, who became the first Indian to make the cut for the individual vault finals in her debut Olympic Games after finishing eighth in the qualifying round, will compete for a historic medal in the finals on August 14.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mahendra Raj is a towering figure of 20th century Indian architecture.
For the first time in seven months, state-run fuel retailers are making losses on selling diesel and together with negative returns on petrol, LPG and kerosene, the companies may lose Rs 38,700 crore (Rs 387 billion) in revenues this year.
'The significance and timing of the PM's start of the campaign journey from Silchar is a clear message that the Barak valley is a priority in his scheme of things,' notes Subimal Bhattacharjee.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
India's indigenous basic trainer aircraft, Hindustan Turbo Trainer-40 (HTT-40), undertook its inaugural flight at the at the Hindustan Aeronautics Limited Airport in Bengaluru on Friday.
ASCI has released norms for fairness creams, saying these would go a long way in ensuring ads do not discriminate against people with dark skin.
Social activist Niranjan Bhatwal from Maharashtra has moved a Public Interest Litigation in the Supreme Court seeking that the country be called 'Bharat', and not 'India' as the latter is of colonial origin, and that the constitution makers intended that 'Bharat' be used for all official and unofficial purposes, and not 'India'.
In the coming months, Lever Ayush will venture into categories beyond soaps, shampoos, toothpastes, lotions and moisturisers, its current segments of operation, as it seeks to give the brand a horizontal push.
In a boost to 'Make in India, the HTT-40 rolled out of the hangar with all its lights flashing and its cockpit powered on.
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