If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
Finance Minister Arun Jaitley has said the larger interest of the public sector would be fully protected.
Analysts cautious on outlook, expect earnings to remain under pressure over medium term.
The government chose moral persuasion to make people give up subsidies, notes Rahul Khullar.
Sensex lacklustre, bluechips in focus.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Who are the men the prime minister relies on to execute his impressive agenda?
The manifesto, on the lines of the party's promise in Delhi in 2015, also says the AAP government will set up Aam Aadmi canteens at sub-division and district levels where one time meal will be available for Rs 5, and reduce the power tariff to half for usages up to 400 unit.
The govt must fix regulatory hurdles to ensure growth.
How on earth did Dr Manmohan Singh and his ministers conclude that the casualties of a disaster in a nuclear plant would be fewer than the deaths and injuries caused by the Bhopal gas tragedy? And that the compensation could, therefore, be capped at a smaller amount, asks T V R Shenoy.
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
Sun Pharmaceutical's acquisition of Ranbaxy has received final approvals.
FIIs pump in Rs 2,075 crore in past three trading sessions.
Buoyed by the success of secondary market, IPO market set to see high action
Pressure on the government increased with the Reserve Bank of India's surprise move on Thursday to cut interest rates
The problem can be met, according to Shubhashis Gangopadhyay, research director of India Development Foundation, by the government tapping into its own land holdings.
Arun Jaitley will aim for jumps in other revenue streams for the government.
Industries with the highest number of top-rated companies at risk were hospitality/travel, media and entertainment, retail, financial services and consumer goods/manufacturing
White House said Trump strongly believed that protecting environment and 'promoting our economy are not mutually exclusive goals'.
Volkswagen is under huge pressure to act, with its shares down more than a third in value since the crisis broke, and the bad news still coming.
Creating many more half-decent jobs for the 10 million plus new entrants to the labour force each year must surely constitute the primary development challenge for India today.
The government has taken a number of steps to address the situation faced by farmers.
'Big countries do not agree on every set of issues.' 'Look, one of the differences in the relationship is that when we do not agree, we are sitting down and talking to each other.'
The uproar over 'dams' following the Uttarakhand disaster is ill-informed & potentially counter-productive, says Anand Sankar
India's nuclear establishment is continuing its march of folly at the expense of safety in the false belief that atomic power is the energy of the future. It's not. Nuclear power is in relentless global decline, says Praful Bidwai.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances