The Group of Ministers on Telecom on Thursday approved a hike in foreign investment limit in the sector to 74 per cent from the present 49 per cent, subject to the management control remaining in Indian hands.
The Cabinet Committee on Divestment is likely to meet on Sunday to consider various issues relating to the privatisation of HPCL and BPCL, following a favourable opinion given by Attorney General Soli Sorabjee.
Divestment Minister Arun Shourie said on Tuesday that his ministry had furnished all the facts to Attorney General for getting his opinion on the legal aspects of privatising public sector oil company, Hindustan Petroleum Corporation.
Controversial disinvestment of Mumbai's Centaur hotel rocked Rajya Sabha Tuesday as Shiv Sena member Sanjay Nirupam alleged harassment of its employees leading to heart attacks and strokes to five of them.
Former RSS ideologue K N Govindacharya on Tuesday sought to dissociate himself from the criticism by the BJP elders against Prime Minister Narendra Modi over Bihar polls, and said the senior leaders should have discussed the matter internally.
The government does not propose to permit foreign direct investment in retail business, Commerce Minister Arun Shourie assured the Lok Sabha on Monday.
The government on Thursday warned the industry of being isolated in the World Trade Organisation and overtaken by countries like China if it continued to maintain a negative and suspicious attitude rather than effectively engaging in a dialogue.
The government is likely to sell its residual stake in privatised firms like Videsh Sanchar Nigam Ltd and CMC to strategic acquirers soon, Divestment Minister Arun Shourie said on Monday.
Much before Rashtrapati Bhavan confirmed the new ministers' portfolios, we had said who will get what in Narendra Modi's Union council of ministers!
The government is likely to finalise by the third week of this month, the advisor for divestments of Bharat Petroleum Corporation Ltd for which over half a dozen merchant bankers are in the race.\n\n\n\n
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.
'Fall in line or you will be in the line of fire.'
The United States-based publishing software firm Adobe on Tuesday said it will add 100 professionals for its research and development activities in India in the next one year.
Oil major ONGC is believed to have been kept out of the bidding process for the two oil PSUs.
Security has been put on high alert across the nation as the Supreme Court of India is all set to deliver its verdict in the Ram Janambhoomi-Babri Masjid dispute, Sabarimala case and a host of other legal wrangles.
The government has been able to mobilise Rs 3,000 crore to Rs 3,500 crore (Rs 30-35 billion) by way of divestment during the first nine months of the current financial year, Divestment Minister, Arun Shourie.
India is taking up with the United States the issue of reduction of H1B visas for specialised workers, as it would affect movement of Indian software professionals to that country, the Rajya Sabha was informed on Thursday.
Japanese tyre maker Bridgestone Corporation's Rs 66.6-crore proposal for hiking equity in its Indian arm to 100 per cent was among the 23 proposals worth Rs 92 crore cleared by the Government Monday.
Civil Aviation Minister Shahnawaz Hussain has said he is 'totally in favour' of divesting Air-India and Indian Airlines, but asserted there are no buyers for them in the present depressed global aviation market.
Petroleum Minister Ram Naik said the terms and conditions of the strategic sale of HPCL and and public offer in BPCL would be worked out by a core group of secretaries on divestment.
The government is believed to have zeroed in on DSP Merill Lynch for appointment as advisor and UBS and I-Sec as lead manager for the proposed public offer in Bharat Petroleum Corporation.
The basic and cellular industry seems to have agreed to workout a long-term solution to resolve the controversial Wireless in Local Loop issue, and the Group constituted by Communications and IT Minister Arun Shourie
The poet and professor's 'life breath is now in the hands of those sworn to uphold his Constitutional right to life.' 'Will they be true to their oath?', asks Jyoti Punwani.
Corporal Nirala, disregarding personal safety and displaying indomitable courage, retaliated with effective lethal fire and gunned down two category A terrorists and injured two others.
Bihar Chief Minister Nitish Kumar attacks the BJP, saying that its only intention is to capture absolute power.
The Centre said media reports cannot form the basis for seeking review of the judgement since it is well settled law that courts do not take decision on the basis of media reports.
Opponents of the CAA and NRC have gone to town accusing the BJP of an ulterior motive (read, disenfranchisement of Muslims) in implementing the NRC. By the same token it can be alleged that anti-CAA opponents have a nefarious agenda in mind that would be scuttled by the implementation of the NRC: Namely the accrual of dedicated vote banks and the restoration of Muslim hegemony over at least parts of India, especially Bengal and Assam, argues Vivek Gumaste.
All those of us who care about books should welcome the appointment, as head of the Indian Council of Historical Research, of Yellapragada Sudarshan Rao. This is not because Rao has so far distinguished himself as a writer about "history and tourism management", which is the department of Kakatiya University in Warangal he headed before retiring to head an Rashtriya Swayamsevak Sangh-backed project to "write history from a nationalist perspective and popularise Sanskrit", two aims which naturally go together for the RSS.
He said he has always held the Congress and the Nehru-Gandhi family in high-esteem.
Darryl D'Monte mentored more journalists than any other editor of his generation. Some of the biggest bylines owe their beginnings in our glorious profession to this wonderful human being.
'This coming general election is not going to be about manifestoes.'
If one were to go by the degree of clout, Jaitley was the undoubted No. 2 in the Modi government.
A list of prominent journalists who also became successful politicians.
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