The 5 per cent stake sale in Steel Authority of India is likely to fetch the government over Rs 2,000 crore (Rs 20 billion) at current market prices.
The ship will then be towed back to Mumbai where it will be decommissioned.
In his maiden visit to a defence establishment, Prime Minister Narendra Modi will sail on INS Vikramaditya, the largest warship of the Indian Navy, off the coast of Goa on June 14.
Did you enjoy Mayank Yadav's fiery spell against RCB?
After a decade-long stint in politics, Navjot Singh Sidhu will be back as commentator for IPL 2024.
London Games bronze medallist Saina, who had retired midway through her first match at Uber Cup Final due to a groin injury, couldn't match Japan's world no 20 Aya Ohori and lost 21-16, 21-14 in the opening round.
A look at the best batters in the Royal Challengers Bengaluru vs Punjab Kings match.
During the negotiations, which began on September 4, both the proponents and sceptics stuck to their positions but finally reached common ground on Saturday after American prodding and deft diplomacy by New Delhi.
The base price would be made public only after the close of market hours on Thursday.
Wolves, who are unbeaten at home in the league since September, moved up to 11th with 22 points
Retired from the Indian Navy, his passage in the Golden Globe Race wasn't easy. Although he kept himself in the basket of race leaders, the position revealed little of what he was actually enduring. Shyam Menon captures the drama of Abhilash Tomy's incredible solo voyage across the world.
Domestic steel giant SAIL sees its workforce shrinking by up to 7,000 this fiscal as it continues with the rationalisation of manpower aimed at reducing employee cost by Rs 3,50,000 crore (Rs 3,500 billion) per annum.
Images from the IPL 2024 match between Royal Challengers Bengaluru and Kolkata Knight Riders at the M Chinnaswamy Stadium on Friday.
While Sindhu struggled to get winners, Young kept varying the pace and sending everything back.
The lone Indian left in fray at the ATP Challenger Series' SAIL Open, Ashutosh Singh crashed out after a straight-sets loss to Australian Colin Ebelthite in a rain-interrupted second round match of the US $50,000 tournament. The wildcard local favourite, who stunned eighth seed Alexandre Kudryatsev of Russia in the opening round on Tuesday, was handed a 4-6, 4-6 defeat by Ebelthite, bringing the curtain down on the Indian challenge in the singles.
Defending champion Stanislas Wawrinka survived some anxious against Gilles Muller before proceeding into the men's singles semi-finals at the ATP Chennai Open tennis tournament.
'Indians are basically liked because they are educated, they are intelligent.'
'Commentators have said that dealing with allies as equals will make Modi more sensitive.' 'Remember that the people Modi is dealing with are equally autocratic in their own lairs.' 'Further, Modi always has handy the threat of dissolving Parliament and calling for fresh polls.' 'Most of his own party, and certainly his allies and opponents having blown their budgets of efforts and resources in the just concluded elections, have no stomach for this.' 'They are all greatly looking forward to the loaves and fishes of office on offer.' 'That gives Modi an unbeatable advantage in any push-comes-to-shove situation,' explains Shreekant Sambrani.
When the Asian Games was delayed by a year owing to the COVID-19 situation in China, it wreaked havoc with the schedule of many athletes, but for Indian sailor Neha Thakur, it proved to be a blessing in disguise.
Baga and Gokarna make the list of the world's top 100 beaches.
Bollywood's gorgeous ladies don't save up all their glamour for their weekend parties.
Offers for 23.53 crore shares or 97.9 per cent of the 24.03 crore shares on offer, were received at close of trading hours, according to data from stock exchanges.
Last week, Chandra Shekhar Verma did something rather uncharacteristic for a state-owned company chieftain, especially one reputed to be a stickler for rules. The Steel Authority of India (SAIL) chairman - its youngest ever - openly criticised the government.
State-run Steel Authority of India on Tuesday said it will file the red herring prospectus in May for its forthcoming follow-on public offer, which is expected to hit the market in the first quarter of the next fiscal.
General Motors India on Thursday launched premium hatch-back 'Opel Corsa Sail' and said it would invest Rs 180 crore (Rs 1.8 billion) by the year-end to roll out more vehicles.
Global private equity (PE) firms are successfully offloading large equity stakes in domestic companies in the open market, taking advantage of buoyant conditions. Strong domestic liquidity support and an upward trending market have underpinned over a dozen PE exits worth $2.5 billion, data compiled by Business Standard shows. The figures exclude PE exits during maiden share sales and shares sold by strategic investors, such as SoftBank and Ant Group in new-age companies.
Ben Stokes added 91 runs with the last 3 wickets to help England post 246.
Mohamed Salah scored a late equaliser from a penalty kick as Liverpool escaped Old Trafford with a single point in a 2-2 draw with Manchester United to climb to even on points with Premier League leaders Arsenal.
Global agency Fitch on Monday lowered the rating outlook of public sector companies including NTPC, SAIL and IOC to negative but said the downgrade of India's credit outlook to negative would not impact the rating of Reliance Industries.
The new hatchback will likely be powered with either 1.2 litre or 1.4 litre petrol engine.
Kohli's 113* or Buttler's 100*? Which inning did you prefer?
'While I was performing it, I had a weird feeling that people would love it because it's so bizarre.'
The National Conference is a part of the Indian National Developmental Inclusive Alliance (INDIA) and will continue to be, party leader Omar Abdullah clarified on Thursday and said it is in talks with the Congress for an arrangement in three of the six Lok Sabha seats in Jammu and Kashmir, and Ladakh.
Scoring at a rate of 173.33, Jaiswal's unbeaten 104 off 60 was peppered with nine boundaries and seven sixes.
Sarvanan was ranked fifth in the seventh race to go down to second spot with five more races lined up in the Olympic Qualifying Event.
IMAGES from the IPL match played between Royal Challengers Bengaluru and Punjab Kings, in Bengaluru, on Monday.
On Tuesday, ArcelorMittal Group Management Board Member Sudhir Maheshwari had said during a conference call that they have made 'a proposal to SAIL and are in discussion with SAIL (to set up a steel plant through joint venture).'
In mixed doubles, K Sai Pratheek and Tanisha Crasto prevailed 21-18, 21-14 over Macau's Leong Iok Chong and Weng Chi NG to make a winning start.
Steel Authority of India Limited and Posco are in discussions to set up a 1.5 million tonne integrated plant in Bokaro to produce high grade steel from low-grade iron ore and non-coking coal by using the world's third largest steel company's FINEX Technology.
