Monetising real estate assets is part of the overall relief package that would be used to retire debts, upgrade networks, and offer VRS aimed at reducing the telcos' employee strength by half.
'There's just a handful of roles for a few actresses.' 'When I meet other actresses my age, they say the same thing: No roles!'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
At the customary post-Budget media interactions, Finance Minister Nirmala Sitharaman and her topmost bureaucrats touched upon a number of issues. The minister said the government taxing income from digital virtual assets did not give them legitimacy and that issue was being dealt separately in the planned cryptocurrency Bill. She also expressed confidence that the Budget targets were achievable.
Three people including gangster Jitendra Gogi were killed in a shootout on Friday at Delhi's Rohini court, the police said.
Before hairstylist Aalim Hakim got into the act, Nigam stressed that his tweets were against the use of loudspeakers in morning sermons and not aimed at any particular religion.
Re-rating of Bharat Petroleum Corporation, Container Corporation, Shipping Corporation, SAIL, and Hindustan Copper, for which the government has already shown intent to divest its stake, possible now, say analysts.
With the new owner shelling out Rs 18,000 crore for the buyout of 'Maharaja' this would be the highest ever amount garnered through privatisation or even the cumulative sum garnered through strategic sale in 1999-00 to 2003-04. The government had garnered roughly over Rs 5,000 crore during that five-year period by privatising 10 CPSEs.
Bollywood's little stars have quite a busy social calendar.
The Dabangg actor gets candid about her fashion choices.
Finance Minister Nirmala Sitharaman will present the much-awaited 2022-23 Union Budget on February 1. While there has been strong recovery in some sectors, touch services like hospitality, tourism and leisure continue to suffer after two Covid-19 waves. Household savings have been hit due to increased spending on health care. Consumption has still not reached pre-pandemic levels.
It emerges that Vi has probably offered good data quality despite being short on spectrum and infrastructure due to its stretched finances. Did the two companies that merged face the heat due to price wars? Probably. Did the government's tough stance in demanding its "due" share of telecom revenues hurt the company? Certainly!
Batting legend Sachin Tendulkar has made his singing debut with a track dedicated to the country's greatest cricketing stars, who have glorified the sport.
The share of public sector undertakings (PSUs) in the total market capitalisation of listed companies--at an all-time low of 10 per cent currently --- may get a leg-up from the government's divestment push. Recently the government announced the successful sale of national carrier Air India to Tata Sons, India's first privatisation of a PSU since 2002-03. The transaction is expected to be completed by December.
Claiming 'right to be forgotten', reality show celebrity Ashutosh Kaushik on Thursday sought a direction from the Delhi high court to the Centre and Google that some of his videos, photos and articles be removed from various online platforms as they have a "detrimental effect" on his life.
From Jammu and Kashmir to Andhra Pradesh, consumers are facing power cuts ranging from 2 hours to 8 hours.
As part of the initiative by 'iFor India', actors, musicians, singers, sportspersons and business leaders came together to entertain people from their homes in a bid to help the COVID-19 pandemic cause.
The word was chosen by an advisory panel of language experts Kritika Agrawal, Poonam Nigam Sahay and Imogen Foxell.
This was a rare instance when Gandhi raised an issue during the Zero Hour.
The company, which has a subscriber base of 120 million, also plans to raise funds via a bonds issue. The company's impending 4G launch is also expected in the second half of the current financial year for which it would invest Rs 12,000 crore, partly through bonds.
Vinod Kambli lived up to his old friend and former team-mate Sachin Tendulkar's challenge by crooning a rap song. Last month, Tendulkar had challenged Kambli to come up with a rap version of his song Cricket Wali Beat -- conceptualised and curated by Shamir Tandon. The original version, which released on April 3, 2017, is Tendulkar's unique collaboration with music star Sonu Nigam.
The Centre is likely to privatise profit-making enterprises, reversing its previous position of first closing or merging loss-making state-run units. The NITI Aayog, which is in the process of selecting public sector units for privatisation, is likely to put out its first list, focusing on companies in non-strategic sectors, along with those that have got Cabinet approval for stake sale, or are in final stage of due diligence. "The shortlisted firms will be put out in three-four tranches, with the first list comprising non-strategic ones, followed by strategic sectors with a focus on privatisation and not divestment," said a senior government official privy to the plan. He said the first report was expected in early April. The think tank approach is in sync with the government's new strategies on privatisation and asset monetisation.
After Yes Bank was placed under moratorium, digital payments were impacted as PhonePe, which depends on the cash-strapped lender for its transactions, could not operate. Even the bank's own net banking facilities have not been operational since last evening. Other fintech operators who rely on Yes Bank to settle their transactions are also down.
The asset monetisation exercise in the first phase will help BSNL shave off its Rs 14,000-crore debt. The government has said that these firms are strategically important and will not be closed down or divested.
The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation programme. Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry of heavy industries and public enterprises will now be called the ministry of heavy industries. Previously, the disinvestment ministry - created under the Atal Bihari Vajpayee government - was merged with the finance ministry and is now a department under it. Also, Foreign Investment Promotion Board (FIPB) was abolished and administration of foreign investments was given to the finance ministry (FinMin).
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
A look at the pictures from the event!
Playback singer Sonu Nigam on Friday lashed out the Jet Airways for suspending the crew members, who allowed him to perform impromptu on the aircraft's address system.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Star gather to celebrate Kaifisaab's centenary.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
A look at the star arrivals.
'It's like the BJP is mocking people: Do what you want, we'll still win.'
'If the government cannot protect the acid attack victims the least they can do is support their rehabilitation.'
After screening his film for Akshay Kumar, Ashutosh Gowariker hosted two more for the cast and their families the next day.
'One often assumes that after being in a marriage for a while, one knows their partner really well.' 'But do we really know what they want?' 'What they need? What they seek.'
A Bharatiya Janata Party MLA in Chief Minister Yogi Adityanath's parliamentary constituency Gorakhpur on Sunday pulled up a woman IPS officer publicly leaving her teary-eyed, an incident which was captured on camera and triggered a spate of allegations.
The ED has attached seven sugar mills worth over Rs 1,097 crore in a money laundering case against former Uttar Pradesh BSP MLC Mohammed Iqbal and his family, officials said.
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