Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19
Lenders are likely to convert part of the airline's debt into 11.4 crore shares at a consideration of Re 1 apiece as per RBI norms.
Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.
The divestment target remaining unchanged, from the 2019-20 interim Budget, this year means the Centre will now have to depend on non-tax revenue sources like dividends from the RBI, PSBs and PSUs, as there are real concerns of a tax revenue shortfall. The fiscal deficit target of 3.4% of GDP for 2019-20 is likely to be retained as well.
'Pakistan was very mature in the way it dealt with the incident.' 'India too owned up to the accident.' 'The whole incident was resolved quite amicably.' 'Both countries should be proud of how they have handled this situation.'
The BSE Sensex lost about 1,600 points, while the National Stock Exchange Nifty was down about 400 points.
Out of nearly 30 public sector undertakings and assets under 'strategic sale' plan, only the ONGC-HPCL plan has been completed
UK's largest retailer Tesco, Singapore Airlines and Etihad queued up to invest in India as a persistent UPA threw open more sectors to foreign investments with indications of more big ticket deals to be announced in the new year.
'I reached Bhopal the day after the gas tragedy; the smell was still in the air. It was a professional hazard but I was not scared.'
Decorated lights decked up buildings and earthen lamps dotted houses as people across the country celebrated Diwali.
Pollution is not merely the price to be paid for growth; it is also a drag on the same growth.
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
The two countries also signed three other agreements -- to enhance aviation links, to jointly work in the area of energy efficiency and promotion of parliamentary cooperation.
"Tata Sons board is meeting tomorrow (Friday) to consider the proposal to bid for Jet Airways," people in the know of the development told PTI.
The one common theme across companies that have rewarded shareholders is consumption.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
'Both India and Japan can find themselves in a win-win situation if they draw some lessons from each other's strengths,' says Dr Rajaram Panda.
Considering the common linkages, high-level trust, complementarities, and convergent interests between the two nations, Malaysia has the potential to become India's key partner in Southeast Asia, says Dr Rahul Mishra.
A French court recently sentenced Mohammad Niaz Abdul Rasheed, an Indian national, to eight years in prison for criminal conspiracy.
The Essel Group on Monday rebutted news reports that it is setting up parallel cricket boards across different countries in collaboration with Ten Sports Network but said it is now geared up to enter the sports business at a global level, focusing on cricket.
'Modi's political economy is more inspired by Indira Gandhi than Vajpayee.' 'She so wanted an Opposition-mukt Bharat.' 'Sounds familiar?' asks Shekhar Gupta.
'People are getting admitted to hospital two to three days before their death in a very serious respiratory compromise state and they are passing away within 48 hours.' 'Those who are coming early in the disease, the minute they are suspicious that they have COVID-19, the recovery rate has been much, much, higher.' 'The moral of the story is: We must destigmatise COVID-19.' 'People should be told: 'Look, if you have anything like this, please come immediately'.'
One accused was acquitted by the court.
Jaitley can make his innings -- notwithstanding its likely length -- to be a watershed tenure, or just add to the image of the MoD drifting rudderless, says Brigadier S K Chatterji (retd).
Few top honchos of India Inc did very well in 2014.
The two countries also signed memoranda of understanding in education and health sectors after visiting External Affairs Minister Sushma Swaraj and her Lankan counterpart Mangala Samaraweera co-chaired the 9th Indo-Lanka Joint Commission meeting in Colombo.
The Emergency greatly influenced the RSS' makeover from a fringe force in the Indian political imagination to one that could have its own man sworn in as prime minister in two decades' time. A riveting excerpt from Christophe Jaffrelot and Pratinav Anil's India's First Dictatorship: The Emergency, 1975-1977.
After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.
It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.
The people of India have 50 days, from November 10 to December 30, to deposit notes of Rs 500 and Rs 1,000 in any Bank or Post Office.
Because of India's weak fiscal position, the plethora of debt-burdened infrastructure companies and the poor asset quality of public sector banks, economic growth in 2015-16 may be limited to about six per cent, say Shankar Acharya.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Devastation struck Venezuela when oil prices started collapsing in 1982, following a global oil glut. The country's economy contracted overnight.
Later addressing a public meeting in Varana, Gandhi asked Modi to respond to allegations of manipulative share trading by a firm linked to Gujarat Chief Minister Vijay Rupani.
'The UPA's claim of growth at 9.5 percent was absolute nonsense and a fraudulent claim because the country did not grow; it was only statistical growth.' 'I do believe that when there is a determined leader who wants to bring a desired change, the system will begin acting. Today, people think there is policy paralysis, but there is functional paralysis also.' 'When things start moving, people will invest. Many companies are holding cash, many people are not investing. Nobody is making any move. Everybody is waiting for the elections to get over.' Economist and Swadeshi Jagran Manch convenor Swaminathan Gurumurthy in conversation with Shobha Warrier/Rediff.com
'What we are trying for is to make space travel easier like air travel.' 'We have already established ourselves... the fact that other countries are coming to seek our help shows our technology is mature.'
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances