The government will offload a portion of its equity in Bharat Heavy Electricals Ltd and Maruti Udyog in the market by the end of this fiscal to mop up over Rs 2000 crore (Rs 20 billion).
Network 18, the holding company of TV18, has dropped plans for an initial public offer but promoter Raghav Bahl
Vernon Philander and Kagiso Rabada claimed four wickets each as South Africa ripped out Sri Lanka for 110 on the second day of the second Test.
Air India launched a short term 'SpringSale' of up to 50 per cent on all domestic sectors of its network, which is up for sale till Friday and valid for travel between February 21 and April 15.
More than a week after the state-owned oil firms ended a 19-day pre-Karnataka poll hiatus on revising fuel prices, petrol and diesel rates have touched record highs.
India's foreign exchange reserves are at an all-time high.
Cricket great Sachin Tendulkar is a foodie but his first experience with Chinese cuisine ended in disappointment and he had to return home thirsty and hungry.
The country's second largest lender ICICI Bank Ltd on Thursday said it would raise upto Rs 5,750 crore (Rs 57.5 billion) through public offer of equity shares.\n
Surging global crude oil prices failed to shore up customs revenue substantially as India Inc resorted to advance licence scheme, which allows duty-free imports for value-added exports.
The touring side reached 75-1 in their second innings at the close, a lead of 205, with Dean Elgar (38 not out) and Hashim Amla (23 not out) bringing some order to the final hour and ensuring their team are well-placed to force the victory that would level the four-match series at 1-1.
A part of the proceeds will also be used for operational requirements, sources said in Mumbai. The carrier has already taken the delivery of 11 Dreamliners and three more are expected to join the fleet by March of next year.
In Delhi, petrol price down Rs 2.5 a litre, diesel by Rs 2.25
India Inc and economic think-tanks want the Budget to tax the agriculture income of large farmers for equity in the system and widening the net.
Bouyed by higher sales in the festive season, domestic passenger car and motorcycle sales witnessed a healthy growth in November, going up by 21.16% and 27.08%
Indian Railways has decided to hike freight rates by 7.7 per cent from November 27 following the rise in diesel and steel prices, according to a government official.
The U.S. sports tycoon won control of Manchester United, clinching a deal to buy out the English soccer club's biggest shareholder and launching an offer to mop up the remaining shares.
The divestment ministry is approaching the Foreign Investment Promotion Board for permission to allow foreign institutional investors, NRIs and overseas corporate bodies to participate in the ensuing public offer for government stake in MUL.
Parliament on Tuesday approved the long-awaited fiscal responsibility legislation after Finance Minister Jaswant Singh promised there would be no lowering of developmental expenditure.
Barcelona capitalised on two disastrous own goals by A S Roma to thrash the Italian side 4-1 at the Nou Camp on Wednesday and take a huge step towards reaching the Champions League semi-finals for the first time in three years.
'I'm not just a boxer. I'm a father, an uncle, a person who loves animals and it's not fair to see me just as a fighter,' Tyson said, after announcing a June fight.
The increases, which follow similar hikes in mid-November, seek to take advantage of a slump in world oil prices to shore up government revenues without stoking inflation.
This assurance came even as Bhutan kept up the pressure on Northeastern militants holed up in that country.
Tata Consultancy Services' much-awaited initial public offer to mop up an estimated over Rs 5,000 crore is likely to hit the market on July 29 subject to all approvals from the Securities and Exchange Board of India.
'Our throwaway culture today has little room for mochis and rafoogars who concealed rips and tears with imperceptible stitches and great skill,' says Geetanjali Krishna.
Buoyed by the impressive tax mop up till October, the government on Friday claimed it would overshoot the overall tax target of 16 per cent growth this fiscal, despite customs collections falling slightly below the stipulated growth rate till now.
India's fiscal deficit shot up by nearly 50 per cent to Rs 92,068 crore (Rs 920.68 billion) during the first seven months of 2005-06 despite a 24 per cent higher tax mop up.
In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore (Rs 149.42 billion) from markets.
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