The government on Wednesday said it had not decided to offload its equity in Oil and Natural Gas Corporation and other oil PSUs but the residual 26 per cent stake in IBP Ltd would be sold in the market through public offer.
State-owned Telcommunications Consultants India Ltd is planning to go for an initial public offering for offloading 25 per cent stake in domestic market, subject to government nod.
The scrip of Sasken Communications, a telecom research and development company, on Friday opened at Rs 400 per share at a premium to the issue price of Rs 260 at listing on the Bombay Stock Exchange Ltd.
The firm will invest over Rs 1,000 crore in marketing, cash backs and promotional spends
Mascon Global has been named the fastest growing tech company in Chicago area over the last five years in the 'Fast 50' competition organised by Deolitte and Touche.
Bharat Sanchar Nigam Ltd's profits have declined after its corporatisation, mainly on account of the sharp increase in wages, higher depreciation rates, provision of bad debts and wealth tax, Lok Sabha was informed on Wednesday.
In the broader market, BSE Midcap and BSE Smallcap indices mirrored the gains in headline indices and rose 1% and 0.9% respectively.
'Indians are great savers, but they are lousy investors.'
It has suggested OTTs be subject to the same security requirements that a traditional TSP has to adhere to.
Brands are turning up the pitch on voter participation, targeting millennial consumers.
Four big transmission projects went under the hammer last month.
Bharat Sanchar Nigam Ltd lost Rs 9,000 crore (Rs 90 billion) for providing telephones in villages and remote areas, between its corporatisation in October, 2000 and December 31, 2002, the government informed the Lok Sabha on Wednesday.
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
Questioning the claims made by the Centre that it had defaulted in Employees Provident Fund, auto giant Maruti Udyog Ltd on Saturday said it was diligently complying with all relevant acts in respect of its employees.
The jewellers and companies linked to Nirav Modi and Mehul Choksi had allegedly colluded with PNB officers to obtain fake bank guarantees to get loan from overseas branches of Indian banks including Allahabad Bank, Axis Bank and UCO Bank.
The government is considering a financial package of Rs 18,515 crore (Rs 185.15 billion) for the state owned Bharat Sanchar Nigam Ltd for providing services in the rural areas.
It is understood that the agency wanted to put a fresh set of questions to him regarding the deal and hence had asked him to appear.
Paytm e-commerce plans to add close to a billion products from across the globe to its platform before the festive season this year.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
'Trust your new governor,' Omkar Goswami advises RBI Deputy Governor Viral Acharya. 'Just because he is from the IAS and doesn't carry a PhD from a US university does not make him unsuitable for the task.' 'If anything, Das will pour oil on troubled waters, and save the RBI's reputation.'
The apex court was irked when Sebi claimed that the group had allegedly obstructed the process by writing a letter to the Pune police raising the issue of law and order at the prime property.
Aimed at enhancing the Navy's coastal surveillance, its largest offshore patrol vessel INS Sumitra was formally commissioned by Chief of Naval Staff Admiral R K Dhowan on Thursday.
'The no-rate cut policy and preference to wait for the Budget and clarity on the fiscal front demonstrate RBI Governor Shaktikanta Das is maturing in his new role,' notes Tamal Bandyopadhyay.
For Facebook CEO Mark Zuckerberg, who visited the country for the first time in October, India might be one of his "priority markets".
For 2100-MHz, 2300-MHz and 2500-MHz bands across circles; aim to offer these with 3G and 4G in February
With cruise missile and air strikes being India's most likely response to a hypothetical Pakistani terrorist outrage in the future, retaliation from the Pakistan air force is inevitable. That is where the S-400 will come into play, says Ajai Shukla.
The court said a 'scam was created when there was none'.
Declining urgent hearing, the top court observed that judges have more cases 'than they can handle'.
Sebi to look into disclosure, other lapses in the Vijay Mallya, Diageo case.
Special CBI Judge O P Saini took cognisance of the CBI's charge sheet filed against eight accused including four companies and summoned them on March 2, 2015.
Mark Scialla had interviewed several people on December 28 and 29 on alleged health issues faced by them due to the now closed Sterlite copper plant. Rambha said the visa clearly stated that the American national should not embark on any work except tourist activities.
Reliance Petroinvestments, a subsidiary of Mukesh Ambani-led Reliance Industries Ltd (RIL), has approached the Securities Appellate Tribunal against the capital markets regulator, which imposed a Rs 11-crore (Rs 110 million) penalty on the company in the Indian Petrochemicals Corp Ltd (IPCL) insider trading case.
The NCP leader said that he will be happy to cooperate with the ED so that the agency understands the "complexities" of the aviation sector.
As the new owner, Airtel will take over Telenor India's spectrum, licences and operations, including its employees and customer base of 44 million.
The broader Nifty, after touching a high (intra-day) of 10,555.50 points, finished at 10,539.75, up 84.80 points, or 0.81 per cent.
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