The department of investment and public asset management (Dipam) can also seek in-principle approval from the Cabinet Committee on Economic Affairs (CCEA) for strategic divestment of PSUs on a case-to-case basis considering investor appetite and sectoral trends.
Billionaire Gautam Adani on Tuesday did an hour-long session of yoga exercises in the open air as he led corporate India to join the International Day of Yoga celebrations. Several public and private sector companies held yoga sessions at their offices to promote the adoption of exercise in daily routines to stay fit and healthy. Adani, chairman of logistics-to-energy conglomerate Adani Group, and his wife Priti, who heads the Adani Foundation, "participated with more than 1,000 members of the Adani Parivaar team to celebrate health, mindfulness and meditation," the group said in a statement. The session was held at a football ground at Adani Shantigram in Ahmedabad. Several other business leaders tweeted pictures of their yoga sessions.
The fire incinerated the bus and nobody could be retrieved so far.
Will this announcement have any material impact on the stock price when the markets open for trade on Monday, April 18 at 9.15 am?
'I decided to send a bat and a ball which was smaller in size so that it shouldn't get stuck in the pipe. And with that, they had a little good time.'
The infrastructure space was one of the worst victims and things were at standstill.
'If your paper writes something you don't agree with, will you criticise it?' Nitin Gadkari asks Aditi Phadnis when quizzed about demonetisation.
Seven people were killed while 40 others injured, six of them seriously, when a Mumbai-bound bus from Bangalore caught fire after hitting a road median in north Karnataka's Haveri district early on Thursday.
Let's take a look at biggest car recalls in the world.
Truckers on Thursday proceeded on a nationwide indefinite strike.
PM to launch works on Zojila tunnel, other infrastructure projects.
"The Union Budget represents the aspirations of 130 crore Indians and lays out the path towards India's development. I invite you all to share your ideas and suggestions for this year's Budget on MyGov," the PM said according to a statement posted on his official website on Thursday.
Assessing the unprecedented destruction at rain-ravaged Uttarakhand, including 110 major landslides in small stretches, the Border Roads Organisation has taken a massive road rehabilitation programme in the state, pressing into service about 4,000 men.
Suburban services were disrupted with trains on all the three lines -- western, central and harbour -- running late.
The bodies were so badly charred that doctors found it difficult to determine the gender of the victims.
The government on Tuesday expressed concern over reports that automobile manufacturers are selling vehicles with purposefully downgraded safety standards in India and asked them to stop the 'unpardonable' practice. Speaking at a seminar on implementation of vehicle location tracking devices in order to enhance the safety on road, organised by auto industry body SIAM, Ministry of Road Transport and Highways (MoRTH) secretary Giridhar Aramane also noted that only a few manufacturers have adopted vehicle safety ratings system and that too used only for their high-end models.
It is likely to have a similar tax efficient pass through status, for PPP and other infrastructure projects.
The electric scooter juggernaut which has been picking up momentum with heady growth month-on-month is now slowing down. The combined number of registrations in April of eight electric two wheeler companies has seen a dip of over 1 per cent to 43,061 vehicles, according to data from the Ministry of Road Transport & Highways' site VAHAN. The reasons are the continuing shortage of chips, especially after the Ukraine-Russia war, and the spate of fires which have led to scooters being recalled by manufacturers.
The Uttarakhand government on Tuesday put the number of missing people in last month's tragedy at 5,360 and announced that pilgrimage to Badrinath, Gangotri and Yamunotri shrines will resume by September 30 even as fresh rains pounded several parts of the state and claimed 11 lives.
In comments that could kick up a row, Union minister Nitin Gadkari has said the government at the Centre is of 'Ram bhakts' (devotees) and those who shout 'Jai Shri Ram' slogans.
The idea is to do away with the need for the approval of the Core Group of Secretaries on Divestment for privatisation of companies, especially in non-strategic sectors.
New norms issued as per the Motor Vehicle Aggregator Guidelines 2020 have mandated a cap on surge price, preventing aggregators from charging more than 1.5 times of the base fare.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
'I've never seen such cooperation before. Problem solving. Everyone working together. And truthful.' 'Someone from the prime minister's office was there the entire time, at the table, one of the team.' 'Now you have to figure out how to get them out. And I'm just gonna sit here patiently.' 'But if you annoy me, I could actually ruin the whole game for you and for the people in here, which is the avalanche'.
Government has already made it compulsory for all two-wheelers, which account for the highest share of accidents, to either have the anti-lock braking system or the combined braking system by April 2019
Another tragedy struck on the Amarnath pilgrims on Sunday when a bus on its way to Pahalgam fell into a deep gorge.
Nearly 240 projects were under various stages of implementation.
It said the auto major has 'admitted' to certain 'lacunae' on its part in maintaining certain standards in the report submitted to the Road Ministry by a three-member panel.
The Centre and state governments bonded and then fell apart during the longest lockdown walk.
One hopes in his next term, Narendra Modi will take up the mission of inculcating respect for following rules in Indians as a mission. Therein lies the chance for India to become a developed country, asserts Colonel Anil A Athale (retd).
'I would put my hand in the ground and have a little listen to what the mountain was doing.' 'Actually, it was still collapsing.' 'And there was a very real possibility that at some stage, without warning, the collapse could continue -- and continue across us, the people who were doing the rescue and also across to the men on the other side, who were being rescued.'
FASTag is a prepaid tag, affixed on vehicle's windscreen, that enables automatic deduction of toll charges and lets the vehicle pass through the toll plaza without stopping for the cash transaction.
Tatra Trucks India Ltd, the joint venture between Czech truck maker Tatra and Vectra of UK, is planning to launch its first highway transportation vehicle (for the goods segment) late next year.
Land acquisition costs have gone up to almost 50% of total project cost.
'My belief that I could protect the Himalayas was shattered.'
Sitharaman, who was holding the Commerce portfolio (Independent charge), was on Sunday promoted to the Cabinet rank as was Goyal.
The visit will provide thrust to expand bilateral cooperation
"The intention of horse-trading stand exposed now. The lies of those promising transparent governance are becoming evident now," it said, adding that "unethical" ways do not suit the tradition of the state.
The overcrowded state-run bus had swerved off the road and hurtled down a hillside into a gorge on Tuesday, killing 57 people and injuring 28 others in one of the worst highway tragedies in recent memory.
At the first meeting of Governing Council of NITI Aayog on Sunday, Prime Minister Narendra Modi will seek views of Chief Ministers.
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