Assocham president Niranjan Hiranandani said his talks with government officials showed dues to industry and states were pending in the form of refunds of income tax, value-added tax, and GST, and compensation, payments to discoms in the power sector, fertiliser subsidies, etc.
State-run Coal India Ltd is likely to hit the market by the third week of October with India's largest ever public offer to raise up to Rs 15,000 crore (Rs 150 billion).
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Eight of the 30 companies in the BSE Sensex that shared data reported 99 fatalities in 2016-17 against 86 in the previous year. These lives were lost due to industrial accidents at manufacturing facilities. Fatalities owing to road accidents were excluded from the count.
From India, Reliance Industries is the only one in the overall top-200 list and is followed by HDFC Bank at 209th, ONGC at 220th, Indian Oil at 288th and HDFC Ltd at 332nd place.
The National Democratic Alliance government is weeding out independent directors on the boards of public-sector undertakings (PSUs).
Pressure on the government increased with the Reserve Bank of India's surprise move on Thursday to cut interest rates
Tata Sons stake in the group's listed companies is now worth Rs 9.28 trillion, up 34.4 per cent on a year-on-year (YoY) basis. In comparison, the Government of India's stake in listed central public sector undertakings (PSUs) is currently valued at Rs 9.24 trillion
Reliance Industries was the only stock which defied the broader market trend
"The coal ministry intends to purchase the house and build a memorial on it," minister of state for coal Shriprakash Jaiswal told PTI, adding directions have been given to the officials of the ministry to purchase the house 'at any cost.' The minister said he, along with officials of Coal India Limited, will be visiting South Africa on August 17 in this connection.
Prime Minister Manmohan Singh has asked administrative ministeries to work out viable plan for disinvestment of BHEL and Coal India, including dividend payment, so as to achieve Rs 40,000 crore (Rs 400 billion) target in the current fiscal.
The hike in clean energy cess is likely to impact input cost for thermal power producers
Over 75 per cent of India's daily coal output has been hit as the five-day strike by workers of state-run miners entered the second day on Wednesday, raising fears of disruption in power supplies.
CIL workers are represented by five unions -- Indian National Trade Union Congress, Hind Mazdoor Sabha, Bharatiya Mazdoor Sangh, AICWF and All India Trade Union Congress.
Government is expected to rely more on divestment proceeds to keep the fiscal deficit in check
The body has been detected inside the 370-foot-deep coal mine in Meghalaya's East Jaintia Hills district,
The shift to gross calorific value-based grading of coal aligned domestic prices with international benchmarks.
Pump manufacturing company Kirloskar Brothers Ltd and Coal India on Friday are jointly moving 18 high-powered pumps to the mine, officials said.
Rising oil prices and diminishing cash pile to limit capacity in 2018-19
This comes at a time when the COVID-19 crisis is expected to derail the government's revenue maths for 2020-21, hitting the mop-up from sources such as taxes and divestment.
In fact, the 9 per cent growth story cannot happen without coal, which fires over 50 per cent of the country's installed power capacity, says Partha S Bhattacharyya.
Yes Bank and Tata Motors were the biggest losers in the Sensex pack, slumping 8 per cent.
Top losers include Hero MotoCorp, HDFC, SBI, Infosys, HCL Tech, ICICI Bank, Bajaj Finance, ONGC, Bajaj Auto and IndusInd Bank, falling up to 2.63 per cent.
Ministers might be fond of attributing the Sensex's rise to renewed interest from foreign investors, betting on an impending revival in the economy, but share prices are influenced more by supply and demand.
The list mostly contains PSUs which were up for sale in the last fiscal.
The body of the trapped miner was spotted on January 16 and efforts were on to pull it out of the shaft of the coal mine filled with water.
Market cap of government companies has remained unchanged in the past 8 years.
The finance ministry has short listed 11 PSUs for a possible buyback of shares in the ongoing financial year
Delhi Waveriders stunned defending champions Ranchi Rays 7-4 in a hard-fought battle in the 4th Coal India Hockey India League.
Existing investors should not make any drastic changes in their portfolio at the onset of elections, say experts.
TCS took the steepest hit among the top-10 firms as its m-cap plunged Rs 17,334 cr
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
The country's second largest employer in the corporate sector has over 300,000 men and women on its roles in 50 countries.
ETFs function like a mutual fund scheme and have underlying assets of government-owned companies.
They, however, called off their nationwide strike
When big offers hit the market, broader indices corrected 2-4%
Russia has been grappling with sanctions slapped by the US and its allies over Moscow's invasion of Crimea.
The first lot of 74 mines will be auctioned to specific end-users and allocated to state-owned entities by March.
Efforts to retrieve the body would continue on Wednesday.
Four companies --TCS, Coal India, Wipro and Bharti Airtel -- saw decline in their market-cap.
