The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
A team of Container Corporation of India would visit Bangladesh next month to facilitate a rail link to start a container service for faster trade between India and Bangladesh.
Processes are at an advanced stage for a number of assets of the Centre and central public sector enterprises (CPSEs) to be monetised. The assets include office space, apartments, factories, land, power transmission assets, sports stadia, gas pipelines, and telecom assets.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Market players say the government is likely to attempt, at least, one big-ticket sale this month.
The domestic deal-making activities were hit by weak corporate governance and a huge liquidity crunch in 2019, while the global deals were also hard to come by due to various factors including uncertainties caused by the US-China trade war, which left many investors in a wait-and-watch mode.
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.
The change in the latest Budget will impact the sale and rent of SEZ units of companies like Adani Port, which has large SEZs in Mundra.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Experts caution that the rally in these stocks may fizzle out soon, as the overall market sentiment still remains weak.
Asian Paints was the top gainer after the paints major posted robust first quarter earnings.
A tightrope walk ahead, especially as govt's fiscal deficit has already reached 99% of full-year estimates
'GST will bring in much needed transparency and higher investments in the coming years and we hope that a few percentage points to India's GDP.'
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) by October.
Railways must pull back its share of freight traffic.
A successor to Mi 4, the 'i' in 4i reflects Xiaomi's focus on India even as the Chinese company is losing ground to Apple on home turf.