According to a source close to the development, the government is set to come out with a notification in this regard by the end of this week.
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.
Infra experts say govt will first need to figure out how to exploit real estate along the proposed routes.
The company has chalked out a detailed plan for development of its existing KG basin assets after integration with GSPC facilities.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
The Sensex ended higher by 245 points at 27,372 mark and the Nifty gained 66 points at 8,225.
Roadshows will be held in Singapore, Hong Kong, London, New York and Boston, NTPC gained close to 1%.
A simple look at the prices of 10 media stocks during the tenure of the current government tells an interesting tale, says N Sundaresha Subramanian.
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
The upbeat earnings from Reliance Industries will set the tone for the truncated week ahead
'It is the government's most important duty to ensure that when war breaks out, the armed forces are absolutely ready to face the adversary -- well equipped, well trained and in high spirits,' says Brigadier Gurmeet Kanwal (retd).
'What should worry India and which needs to be expressed is Russia's simultaneous proximity to both China and Pakistan from a strategic angle. That hasn't happened ever before,' says Lieutenant General Syed Ata Hasnain (retd).
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
Kapil Dev's running catch at the boundary, to dismiss Viv Richards, is widely remembered by fans and cricketers alike, but Martin Crowe's effort to pocket a lunging catch and dismiss Zimbawe's Dave Houghton in the 1987 Reliance World Cup will always be special, reckons Siva Sankar
Chetan Bhagat turns entrepreneur by getting into the movie business with Half Girlfriend.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
Not much is heard or read about Sun Pharma's media-shy owner.
OVL, the overseas investment arm of state-run explorer Oil and Natural Gas Corporation, holds 40 per cent stake in the San Cristobal oil project in Venezuela.
The defence minister has 20 months to learn the military's ethos, culture and to publicly bat for an organisation that feels increasingly marginalised and underappreciated.
The broader markets are outperforming the benchmark indices.
Indian business has many legitimate grievances against the political class for not delivering an optimal business environment.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
'Collateral damage during operations needs to be avoided.' 'Such an objective can be achieved more easily should stone throwers not gear up to en masse oppose security forces.' 'With the conditions being quite sensitive at this stage, the death of one of these boys could easily serve the terrorists in instigating violence,' notes Brigadier S K Chatterji (retd).
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
Sensex remained volatile through the day.
The reason for Trent's success is rooted in its slow and steady approach to expansion. Unlike others, Trent, led by Noel Tata, ensured that each store was profitable before it went on to the next, says Raghavendra Kamath.
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
Colonel Anil Athale (retd) recalls how the Battle of Panipat, 258 years ago, changed the history of India for the next century and half.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
Its 'failure not just affects the military's effectiveness but could also be politically vulnerable for the BJP,' observes Ajai Shukla.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
Bharti Retail launched its first mall, The Pavilion, in Ludhiana.
India Inc has few leaders who are likely to grab headlines in 2015.
Bajirao, an unorthodox leader, faced much opposition during his lifetime from the Brahmins of Pune. In the last hundred years or so, he has been ignored due to caste politics in Maharashtra where he has become a 'non person' for having been born a Brahmin, says Colonel Anil A Athale (retd).
