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BPCL stake sale hit by poor market conditions, govt drops privatisation plan

The government on Thursday withdrew its offer to sell its entire 52.98 per cent stake in Bharat Petroleum Corporation Ltd, saying that majority of bidders have expressed their inability to......

Airlines send out SOS as loans dry up, fuel prices hit record high

Loans for Indian airlines have dried up as banks have become cautious to lend to the sector. IMAGE: A man wearing a protection mask and gloves holds a sign at Indira Gandhi airport in New Delhi.......

IPO boom: 75 cos mobilise Rs 89,066 cr in Apr-Nov 2021

The primary market has seen hectic fundraising activity in April-November 2021, with 75 companies garnering Rs 89,066 crore through their IPOs, much higher than in any year in the last decade,......

Fairy dust year for equities: Rs 1.8 trillion raised in 2021

Year 2021 was another great year for fund-raising through equities. A total of Rs 1.8 trillion was raised through initial public offerings (IPOs), qualified institutional placements (QIPs), and......

Realtors hope for sunny 2022 with better sales

India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. Illustration: Dominic Xavier/Rediff.com The performance, though short of......

'In a crisis like this, everybody is in the same boat'

'It all depends on how much fuel is there in your tank.' Photograph: Kind courtesy PVR For the first time in four years, film ticket sales grew in 2019. Just as the industry was savouring it came......

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