With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales on stock exchanges over outright privatisation. The result -- the divestment target for current fiscal year is again likely to be missed. Big ticket privatisation plans such as that of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and CONCOR are already on the backburner and analysts feel meaningful privatisation can happen only after April/May general elections.
Lakme Fashion Week is underway and here's who showed up!
A look at the party pictures.
The film folk turned out in traditional outfits for the pran pratishtha at the temple.
The Election Commission on Tuesday appointed special observers for administrative, security and expenditure monitoring purposes in several states to ensure a level playing field during the upcoming elections.
Hindustan Aeronautics (HAL) is one of the largest beneficiaries of the defence indigenisation programme. The aerospace Public Sector Undertaking (PSU) has just received a new tender for 97 Light Combat Aircraft (LCA) Tejas Mk1A, and it is already servicing an earlier order for 83 LCA aircraft. The new order is worth around Rs 65,000 crore with a 65 per cent indigenisation component, whereas the earlier order (February 21) was worth Rs 45,700 crore with 55 per cent indigenisation.
The prime minister has been unveiling a slew of development projects running into lakhs of crores of rupees at various places as he turns the spotlight on his government's development and welfare agenda in the run-up to the general elections expected to be held in April-May.
Ghazal maestro Pankaj Udhas's last rites were performed with full state honours.
From Vidya Balan to Ayushmann Khurrana, the who's who of Bollywood turned up at Animal's star-studded success bash.
'Yeh kahani maine shuru ki thi, Laltu se! Isey khatam bhi main hi karunga... apne Ullu de patthon ke saath.'
The gifts were in a bag that had a striking graphic image of the new temple and of Lord Ram in a very young avatar.
The 'Pran Pratishtha' of the idol of Ram Lalla -- the childhood form of Lord Ram -- will be attended by people from all walks of life, including representatives of major spiritual and religious sects of the country and of various tribal communities and prominent personalities.
He further said that the "focus is on horizontal drilling" as rock formation has created challenges for vertical drilling.
The 41 workers trapped in Uttarakhand's Silkyara tunnel for the last 11 days are likely to be rescued in the next few hours or by tomorrow, National Disaster Management Authority (NDMA) member Lt Gen (retd) Syed Ata Hasnain said on Thursday evening.
'Money was pouring in after Movers & Shakers. At the turn of the millennium, I was voted one of the top 10 Mumbaikars. People joked that even when they switched off their TV sets, I was there! I would ask God if he was compensating me for the loss of Ayush, the greatest tragedy of my life.'
Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground segments, and user segments. It also permitted 74 per cent FDI in satellite manufacturing and operation as well as satellite data products and 49 per cent in development of launch vehicles and spaceports. Following this, stocks of related companies saw an uptick on the bourses.
Notwithstanding the recent sharp decline in the stocks of public sector companies, analysts at Jefferies remain bullish on this segment. State Bank of India, Coal India, and NTPC are their top picks in this space, they said in a recent note. The public sector undertaking (PSU) or state-owned enterprise (SOE) index, with a 70-percentage-point outperformance versus the National Stock Exchange Nifty50 over the past 12 months, comes after a decade of underperformance before 2020.
Sonu Nigam talks about his future work, the good and bad of reality television and his son.
Apart from that, as part of efforts to provide assurance to 41 workers trapped in the Silkyara tunnel and relieve their stress, Bharat Sanchar Nigam Limited has stepped in to provide them with a landline through which they can talk to their families.
The Opposition INDIA bloc on Friday finalised a 14-member coordination-cum-election strategy committee comprising members of various parties, and it will function as the alliance's highest decision-making body and start work on seat-sharing immediately, sources said.
Afsar Dayatar/Rediff.com worked hard through the year to capture movie stars on camera, and here are some of 2023's most entertaining moments.
'I have made a new rule: When I'm having my morning tea, a guy keeps the harmonium on my bed.' 'So while I'm writing what my plan for the day is, that harmonium is in front of me and I do riyaz of 40-50 minutes.'
Tata Consultancy Services-led consortium has bagged a Rs 15,000-crore contract from BSNL to deploy 4G network for the state-run telco. In a statement, TCS said it has received an "advance purchase order" valued over Rs 15,000 crore from BSNL.
Renowned ghazal singer Pankaj Udhas, whose velvet smooth voice gave expression to the many colours of love, longing and heartache in songs such as Chitthi Ayee Hai and Aur Ahista Kijiye Baatein, died in Mumbai on Monday, February 26, 2024, after a prolonged illness.
Not only will Arun Govil, Sunil Lahiri and Deepika Chikhalia attend the Pran Pratistha ceremony, Moti Sagar, Ramanand Sagar's son, also received an invitation.
Public-sector enterprise stocks have seen a good run thus far in 2023-24 (FY24), with the S&P BSE PSU Index surging by over 26 per cent during the period, compared to an 11 per cent increase in the benchmark S&P BSE Sensex.
While about 8,000 people are in the long list of invitees, the select list features 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests.
When stars travel, they make lovely pictures on social media.
Sanjay Gadhavi passed away on November 19. His Dhoom stars pay him tribute.
Sonu Nigam turned 50 on July 30, and hosted a grand birthday bash in Mumbai on Saturday night.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
'We went from zero to about 10 million users in three months. Paytm came out with the wallet play and we came out with the UPI play.'
'How did you sleep through the cries of a Mohammad Akhlaq, or a Pehlu Khan being beaten to death? Did you then tweet, 'Goondagardi hai, bas'?' Durba Dhyani addresses the singer.
On Hema Malini's 75th birthday, the star and her daughters -- Esha and Ahana Deol -- hosted a birthday bash in Mumbai, and invited friends from the industry for a musical night.
The new Ram Lalla idol was consecrated at the Ayodhya temple on Monday, an event led by Prime Minister Narendra Modi and watched by lakhs of people on television at their homes and in temples across the country.
Tata Steel has built an iron ore chest of nearly 600 million tonnes (mt) and will look for more as it prepares for life beyond 2030 when its legacy captive mines come up for auction. The lease for four of its existing iron ore mines -- Joda East, Noamundi, Katamati, and Khondbond -- that feed the domestic operation with low-cost iron ore is going to expire in 2030, following changes in mining regulations. The year will also coincide with Tata Steel's ambitious target of doubling steelmaking capacity in India to 40 mt, increasing the need for iron ore. The company is pushing the pedal to ensure that it has enough resources to meet enhanced needs.
The verdict in the Google versus Epic Games antitrust case in the US has spread cheer among the Indian gaming and app developers. Ending a three-year legal battle, the San Francisco jury found that Google turned its Play app store and billing service into an illegal monopoly. American video game maker Epic Games, best known for Fortnite, had sued Google in 2020.
India's iconic Vande Bharat train project may finally find a solution to its two Russian-related issues.
While Salman Khan, leading lady Pooja Hegde and, of course, Venkatesh remain the reason audiences will get attracted to theatres, there is a large supporting cast, waiting for their moment to shine.
Rescue work at the collapsed Silkyara tunnel in Uttarakhand was virtually on hold Sunday as the agencies involved in the effort set themselves up for the next stage -- adopting multiple approaches to reach the 41 men trapped inside for a week.