While previously selling of the marketing business, possibly to another state-owned firm, was being considered, the government is now mulling on hiving off the pipelines into a separate entity and selling off a majority stake in it.
As the liquidity crunch reaches crisis levels and getting tax refunds remain a big headache, exporters saw orders fall by 15 per cent till October.
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
The oil-to-telecom conglomerate reported an 8.8 per cent rise in its consolidated net profit to Rs 10,251 crore, or Rs 17.3 per share, in the third quarter ended December 31, 2018.
While the number of women in IT cos is rising, the numbers are not impressive. A good majority of the leadership positions are also held by men.
In the last fiscal, the government had originally budgeted a dividend income of Rs 27,178 crore (Rs 271.78 billion) from PSUs.
BSE Auto was the top sectoral loser with a 4.6% fall followed by realty sector down 3.7% and consumer durables 3.6% post disappointing IIP numbers
India's industrial output grew 9.7 per cent in August compared to 7.6 per cent in the same month last fiscal.\n\n
DLF opened on a weak note in the Bombay Stock Exchange on Monday at Rs 500.05 and then declined further and hit an intra-day low of Rs 488.60, a 6.43 per cent fall from its previous close. The realty major was quoted at Rs 490, down 5.76 per cent at 10.41 am and over 3.54 lakh shares exchanged hands on the BSE.
So far, inflation outcomes have closely tracked these projections.
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
'You can't take money from Shaktikanta Das (the RBI governor) and give it to Nirmala Sitharaman (the Union finance minister). She will blow it away on Modi.'
The AAP leader, who has been recently in the news for supposedly dropping her second name, has been active in reforming the education and health sector.
The financial position of India's public sector banks (PSBs) has deteriorated sharply over the past financial year.
Uninor added 8.53 lakh subscribers to take its base to 4.01 crore during the reported period.
Lack of political consensus on economic reforms a key concern.
Experts prefer domestic consumption-driven plays and defensives such as information technology and pharmaceuticals
The allocation for health ministry for 2017-18 is Rs 47,352.51 crore in comparison to allocation in 2016-17 of Rs 37,061.55 crore.
It was the second straight week of gains for the benchmarks.
RBI said more monetary transmission to support growth continues to be critical.
Telecom subscriber base crossed the 95-crore mark in August, after a gap of more than two years, on the back of higher mobile users whose number touched 92.43 crore.
'Whatever happens in any part of the world affects us.'
South Africa's Alberton Cricket Club Under-17 were beaten by 130 runs by DAV College Centre of Cricket Excellence in their second match.
RIL is also more profitable than Tata Motors.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
President A P J Abdul Kalam on Wednesday mooted eight schemes to generate 56 million direct jobs in the next five years.
The idea is to get the budget passed by Parliament along with Appropriations Bill and the Finance Bill by the end of March as this would ensure implementation of the Budget proposals from April 1.
Falling revenues, increased capex, and first full year of spectrum debt may make things worse
The Asian Development Bank too had projected Indian's economic growth for current fiscal at 7.4 per cent.
The central bank dashed hopes of any steep interest rate reduction.
Non-performing assets of banks have been on the rise for past several months due to slowdown in the economy.
ICICI Bank Ltd, India's biggest private sector lender, posted its slowest quarterly growth in four years as asset quality worsened and funds set aside for bad loans and contingencies almost doubled from a year earlier.
The markets have opened on negative note. At 9:57 am, the Sensex was down 30 points at 11472.
Making a statement on the situation after cases of coronavirus surfaced, Health Minister Harsh Vardhan said the government is taking all necessary measures to prevent the spread of the virus.
'The days when less government, more governance were spoken of are well and truly behind us.' 'More government, it is now believed, means more governance,' says Saisuresh Sivaswamy.
Improved performance of manufacturing, services and trade sectors helped boost GDP
The Nifty gained 62 points to close at 3,178.
The NSE Nifty settled the day 38.85 points or 0.37 per cent lower at 10,500.90 after shuttling between 10,590.55 and 10,456.65, intra-day.
