Work is underway in identifying global companies in sectors ranging from electronics, auto components and medical equipment to shift part of their existing or incremental manufacturing to India.
Harnoor Channi-Tiwary visits the spanking new restaurant and returns impressed.
A day after the Centre formally called off strategic sale of stakes in 13 profit-making PSUs, Finance Minister P Chidambaram on Wednesday
The government is expecting to raise up to Rs 10,000 crore (Rs 100 billion) from the special dividend it has asked 16 public sector companies
The Sensex was around 18,600 by the end of August.
Four left parties on Wednesday asked the government to stop divestment of 35 public sector undertakings including BHEL, PowerGrid Corporation and Power Finance Corporation saying the move would adversely affect the development of PSUs and would also
Of these, three stocks belong to the automobile pack and two are from the pharma.
During campaigning, P Chidambaram has been addressing villagers, explaining his efforts to improve life in the constituency and blaming the state government for not supporting him. He has also been introducing his son in the 10 villages across 250 km.
Virtually conceding the demands of the Left, the government has ordered a CBI probe into the privatisation of two Centaur Hotels in Mumbai in view of the anomalies pointed out by the Comptroller and Auditor General of India in the process.
"It has been decided to sell 8 per cent equity in Maruti," Heavy Industries and Public Enterprises Minister Santosh Mohan Deb told reporters after the meeting of Cabinet Committee on Economic Affairs on Friday.
The first ever air-conditioned suburban local for Mumbai, which was flagged off from Integral Coach Factory in Chennai on March 31, has finally arrived in the metropolis, and its trial run would take place within a week, said a senior Central Railway official on Tuesday.
In view of cost, these vehicles will justify deployment only as public buses, taxis, three-wheelers
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
The Bombay Stock Exchange 30-share index resumed better at 21,278.08
The government is planning divestments in at least 5 public sector undertakings including Maruti, Balco, Bhel, Oil India and Powergrid in the next few months as part of efforts to raise Rs 5,000-7,000 crore (Rs 50-70 billion) in 2005-06.
Ajit Balakrishnan on mapping the Business Serengeti.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
India seeks greater market access for its products including textiles, pharmaceuticals and bovine meat.
The headline numbers may reflect that the stock markets are down very sharply. But look deeper and you will find that the major reason why the stock market has declined in the recent past was on account PSUs!
Investors, who invested in capital goods companies like Larsen & Toubro, Siemens, BHEL and ABB, would have made money even in falling markets.
Get set to burrrrrrp! Presenting the real taste of India!
Public sector giants ONGC, BHEL and GAIL are among the companies short-listed for bidding for majority 51 per cent control of Engineers India Limited, Rajya Sabha was informed on Thursday.
The right food choices make you lose those unnecessary calories. They also make your body fitter. Check out the list of the god-sent yummy snacks which will keep your calorie count in check and ward that hunger off.
Amid speculation over early Lok Sabha polls, the Election Commission is gearing itself up for holding the mammoth exercise along with assembly elections in five states due later this year by ordering additional EVMs.
Investors lost Rs 2 trillion as Sensex crashed on Tuesday.
Andhadhun is a stunning, comic, grisly, absurd, intense, cold, crazy and must-watch, raves Sukanya Verma.
Sanjeeb Mukherjee, who was eight years old when the deadly gas leaked from Union Carbide's factory, gives his account of living in the city during that fateful period
The list mostly contains PSUs which were up for sale in the last fiscal.
The Sensex closed with a gain of 16 points at 3,780.\n\n\n\n
Days before US President Barack Obama's high-powered visit here, the US-India CEO Forum has been reconstituted with Cyrus Mistry replacing Ratan Tata as its co-chairman
Rediff readers tell us what their first salaries meant to them.
Dragged down by a massive fall in the stock market, total investor wealth slumped by nearly Rs 3 lakh crore on Tuesday as shares of over 2,200 listed firms ended in the red.