Going by the experience of the previous years -- when the actual proceeds from stake sale were much lower than the targets -- the government's disinvestment target for 2014-15 appears too ambitious.
Steel Authority of India Ltd, the country's largest steel company, plans to float an overseas subsidiary to pursue its foreign expansion.
State-owned SAIL on Monday said it will invest Rs 100 crore (Rs 1 billion) to revive its Uttar Pradesh unit, formerly known as Malvika Steel, which the steelmaker acquired last year.
Defending champion Saina Nehwal sailed into the semi-finals of the Indonesia Super Series Premier after a straight-games victory over Carolina Marin of Spain, in Jakarta, on Friday.
The year 2023 will go down as extremely memorable for the Indian sports fraternity as players across various disciplines came together to script history at the Asian Games held in Hangzhou.
Avinash Sable's national mark headlines strong showing in IGP 2
Mechanised mining is set to become operational in Chiria in three years' time.
'It's just not about one catch or one piece of fielding. Overall, I'd like to think intensity, backing up... not only doing your job but also making sure that you encourage and keep the right fielders at the right place. So, this one goes to Virat.'
Paris is, and will continue to be, dogged by the usual gripes about staging the greatest show on earth.
Kerala's election discourse operates surreptitiously. Its explicit face focuses on important national and local issues. At the same time, it seeks to secure apt communal equations to ensure votes, notes Shyam G Menon.
It is the first warship to have been named after a city from the Northeastern region, the approval for which was accorded by the President in April 2019.
Former Australian Open finalists Kim Clijsters and Marcos Baghdatis signalled their intentions ahead of next week's first grand slam of the year by winning their matches at the Sydney International on Wednesday.
P V Sindhu and H S Prannoy sailed into the quarter-finals of the women's and men's singles badminton event with easy victories at the Asian Games.
American Katie Moon and Australia's Nina Kennedy decided to share the women's pole vault gold medal in another magical moment at the World Athletics Championships.
On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. The review would begin immediately and evaluate a broad range of options, including but not limited to a potential strategic sale of some or all of the steel businesses, the company said in its stock exchange filing. The signs have been there - approaches had been made to steel players over the past year. Last December, Anil Agarwal, chairman Vedanta group, told Business Standard that the steel plant capacity was about 3 million tonnes (mt).
After being caught in the perfect storm and conquering near death at sea four years ago, Abhilash Tomy has made seafaring history by coming second in the world's most difficult ocean race. As he sailed to the finish line to welcoming cheers, holding the Indian flag, his remarkable story tells us the amazing things human beings can do.
While Ghosal defeated Altamimi 11-4, 11-4, 11-6, Mangaonkar edged past Tsukue 11-6 11-2 11-6 in another pre-quarterfinal match.
Defending champions India held their nerves to beat Lebanon in the penalty shootout and set up a title clash against Kuwait.
India's hurdlers Jyothi Yarraji and Nithya Ramraj advanced to the women's 100m hurdles final, while ace long jumpers Murali Sreeshankar and Jeswin Aldrin also sailed through.
Diwali fireworks are expected to continue on Dalal Street next week, with four companies collectively seeking to mobilise over Rs 6,600 crore through initial public offerings (IPOs). In terms of the amount raised, this is poised to be the busiest week of calendar year 2023. Tata Technologies (Tata Tech), a subsidiary of Tata Motors, could lead the charge with an IPO projected to be over Rs 2,900 crore. This will mark the first maiden share sale by a Tata Group firm in nearly two decades.
In mixed multihull - nacra 17, the Indian pair of Indar Siddeshwar Doiphode and Ramya Saravanan were placed fourth after race 12 with less than a minute's gap from the leaders in a tightly contested field. Doiphode and Ramya were third after race 11.
However, the territorial administration cancelled the journey of two other vessels following warning of high tidal waves in the Arabian Sea due to tremors that hit South East and South Asia.
An analysis of the financial performance of nine leading global companies during January-June 2009 showed that only three of them registered profits, with SAIL's profit being the highest.
Only 112 CEOs were not too confident to conclude that the confidence motion would be taken to a logical conclusion in view of conflicting reports emanating from various political parties, Assocham said. With the signing of the nuclear agreement, investments to the tune of $40 billion can be generated in field of nuclear energy in the country as leading industrialists have started negotiations with their prospective counterparts to produce nuclear power, the survey said.
Carlos Alcaraz powered into the Australian Open quarter-finals for the first time on Monday
It was not very easy to leave the family which I built for 20 years but then I got a very warm welcome from the Thackeray family.
Enthused by the success of last year's voluntary retirement scheme, Steel Authority of India Ltd plans to further rationalise its workforce by another 5,000 this fiscal.
Industrial metals (ferrous and non-ferrous) suffered great volatility once the Ukraine War began in February 2022. First, there was a sharp price rise due to fears of supply disruption, followed by weak global demand. China's weakness and rolling lockdowns have hit production and demand.
At least 13 attempts were made earlier at modernising.
Images from India's 3rd T20 International against Afghanistan at the M Chinnaswamy Stadium in Bengaluru on Thursday.
A fire at SAIL's IISCO Steel Plant at Burnpur, West Bengal, injured 21 people, with 2 of them in ICU, the state-owned steel maker said on Thursday. All the affected are being provided with immediate medical care, it said.
Top corporates and banks, including Bharti Airtel, Maruti Suzuki, SAIL and SBI, have paid lower advance taxes during the July-September quarter reflecting the impact of slowdown.
The India-US strategic partnership is characterised by mutual trust and both sides are increasingly in agreement on key issues, such as countering China's aggression, promoting a free and open Indo-Pacific and addressing regional security challenges, Defence Minister Rajnath Singh said on Friday.
Defending champion Saina Nehwal sailed into the final of the US $700,000 China Open Super Series Premier after a 21-13, 21-18 win over local favourite Yihan Wang, at the Haixia Olympic Sports Centre, in Fuzhou, on Saturday.
Five young women are getting ready to circumnavigate the world.
The 32-year-old Indian eased into the quarter-finals of the Olympics men's +91kg boxing in his debut Olympic Games, defeating Jamaica's Ricardo Brown in his opening bout, in Tokyo, on Thursday.
India, the world's third-largest energy consumer, will see its energy needs doubling by the end of this decade as it witnesses an unprecedented explosion of economic growth, the nation's richest man Mukesh Ambani said on Saturday. Speaking at the convocation of Pandit Deendayal Energy University (PDEU), Ambani, who heads the nation's most valuable company Reliance Industries Ltd, said the Indian economy will become a $40 trillion economy by 2047 from the current $3.5 trillion. "And to fuel this growth, the country will need enormous amounts of energy - clean, green energy that won't choke mother nature for the sake of human progress," he said.
Team India showed perfect coordination to seal the issue 5-3 in style.
Italian oil tanker Enrica Lexie, detained off Kerala coast since February 15 after its Marines shot dead two Indian fishermen, on Saturday sailed off from Kochi for Colombo after completion of all legal formalities, including execution of a bond for Rs 3 crore.
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