Commerce and Industry Minister Nirmala Sitharaman told the Rajya Sabha 'the government is absolutely sensitive and seized of the matter'.
For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.
In another round of big-ticket reforms, the Union Cabinet will consider tomorrow raising the FDI cap in insurance sector to 49 per cent and opening the pension sector to foreign investment besides creation of a National Investment Board.
Bharti Retail launched its first mall, The Pavilion, in Ludhiana.
Unlike private carriers such as Jet Airways and Kingfisher Airlines, Air India has not given any security as insurance against default, the Lok Sabha was informed on Friday.
Post Brexit, Irish universities are seeing a surge in applications says Barry O'Driscoll, senior spokesperson for Education in Ireland.
Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms
It's unfortunate the govt seems close to bowing to pressure from a limited section of the public.
Chairman says turnaround has begun in sector expects 10% growth in firm's core business this year.
The banks also received a warning from the rating agency Care, in February 2016, after Firestar's financials deteriorated.
The much-delayed insurance bill and the goods and services tax bill are among the 39 bills that are expected to come up during the month-long Winter Session of Parliament beginning next week.
While RCom owes Indian banks close to Rs 45,000 crore, Ambani has lost close to $408 million of personal wealth year-to-date until Tuesday.
Harassment, corruption and the burden of compound interest for years are also the reasons.
The Arun Jaitley-led finance ministry reiterated banks should act tough on wilful defaulters.
The company faces regulatory hurdles in these countries
Kingfisher Airlines, National Aviation Company of India Limited -- the state-owned company that runs Air India -- and Indigo could face additional cost pressures, with reinsurance rates expected to harden following the accident involving the Air France aircraft that was flying from Rio de Janeiro to Paris with 228 passengers on board.
A total of 25 companies raised Rs 28,220 crore during the financial year.
Workers being laid off will be entitled to full wages of 45 days for every year of service.
Bank of India will soon launch online trading facility for the customers, enabling them to make investments in the equity market.
The IPO is an offer for sale of 38 million shares by SBI, BOB, LIC, PNB and T Rowe Price. Barring T Rowe and PNB, the others are selling stake to comply with Sebi norms.
Officials said Sebi first proposed to the FinMin to amend the relevant provisions in the Sebi Act to discontinue RBI's representation on its board, as it already has adequate presence of government nominees and in its over 25 years of existence the regulator has evolved as an "effective and one of the best in the world".
Not all change is good, but this one is, applauds Shekhar Gupta.
For most companies this would mean extending medical coverage to same-sex partners, say legal experts.
At $2.6 trillion, the Indian economy is currently ranked sixth in the world behind the US, China, Japan, Germany and the UK.
Through rights issue, a firm allows existing shareholders a right to buy additional shares in the company at a specific price.
Government planning to slash the number of days required to start a business in Mumbai, Delhi from the current 26.
Will it trigger a social and management revolution as well, asks Ajit Balakrishnan.
Control over PSU banks is what is allowing the government to drive this scheme.
UTI Asset Management Company will float an initial public offer by March-end 2008 to help its sponsors State Bank of India, Life Insurance Corporation, Punjab National Bank and Bank of Baroda -- offload up to 50 per cent stake.
The IL&FS management is also talking to its second-largest shareholder, Orix Corporation of Japan, to infuse more funds into the company - in case any shareholder backs out during the rights issue.
Even though the powers of the board of directors stand suspended once a company's insolvency process begins, it does not absolve the directors from actions taken up to two years earlier.
Sector-wise, oil & gas witnessed monthly growth of 30 per cent in hiring while insurance sector registered an increase of 25 per cent compared to September.
Opposition party is unlikely to block Bills for GST, insurance and e-auction of coal mines.
In a video issued by the Health Ministry, Dr Randeep Guleria, Director of the All India Institute of Medical Sciences (AIIMS) answered commonly asked questions regarding the dosage of the vaccine saying that two doses of the vaccine will have to be taken 28 days apart and protective levels of antibodies generally would develop two weeks after the second dose.
'The world does not care about the tension on our border.' 'India has to emerge as a strong economic power.' 'Respect comes when the world sees a country with a direction and leadership that has a vision,' points out Ramesh Menon.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
The new drugs to come under price control include commonly-used antibiotics and painkillers
When he speaks of them, it is either in denial or to highlight successes that are only part of a larger story that is worrisome in its totality, observes T N Ninan.
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