Jaitley said the government had earmarked Rs 25,000 crore (Rs 250 billion) for recapitalisation.
Kotak Mahindra Group MD Uday Kotak on Friday said it will be tough for stock exchanges to decide whether to stop trading in the Satyam scrip, which has fallen by over 95 per cent in a matter of two days' trading on the NSE.
Taj General Manager Karambir Kang, whose wife and two minor sons were killed in the deadly terror attack on the hotel, returned to work on Sunday.Kang's wife Nitti and two sons, Samar and Uday, who were put up at the sixth floor of the Heritage wing of the Taj Mahal Hotel, were killed in the terror attack on November 26 that lasted for nearly 60 hours.Despite losing his family, Kang continued to supervise rescue operations and helped guests at the hotel.
A round-up of the third day's play of the Ranji Trophy Super League matches on Saturday.
Mumbai skittled out Punjab for 202 in their first innings before rattling up 90 for 1 in reply, at stumps on the first day of the four-day Ranji Trophy Elite Division Group A match in Mumbai on Thursday. Left-arm pacer Rahil Shaikh led the demolition job with a haul of four for 50.
The unidentified body found with two bullet injuries at a village in Belagavi district was not of one of the two killers of writer M M Kalburgi, but a criminal who was killed by his two brothers and his friend, a senior police official said here on Sunday.
Superstar Aamir Khan turned up at a private award function after 16 years!
Tata Steel has appointed Uday Kumar Chaturvedi as MD of Corus Strip Products UK. It has also made two other changes in the top management of Corus.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Putting the Bharatiya Janata Party in a piquant situation, Karnataka Governor Rameshwar Thakur has asked the B S Yeddyurappa government, which assumed office on Friday, to prove its majority in the Assembly before his customary address.The Yeddyurappa-led government had obtained the support of all the six Independent legislators to form the government. The BJP had fallen just three seats short of a simple majority, winning 110 seats in the 224-member Assembly.
West Bengal Chief Minister Mamata Banerjee's maiden visit to the financial capital Mumbai drew an enthusiastic response from India Inc with industry captains queuing up to attend the meeting called by her.
STAR India, a wholly owned subsidiary of STAR Hong Kong, is exploring the possibilities of getting into the print media business in India. Last week, top STAR executives including STAR Hong Kong CEO Paul Aiello, STAR India CEO Uday Shankar and COO Jagdish Kumar were in Bangalore for meetings with possible joint venture partners for the print foray. The company is said to be in talks with Vijay Mallya's UB Group.
The Railways will also add two to four 'Deen Dayalu' coaches to some long-distance trains for unreserved travel to enhance the carrying capacity
AB de Villiers smashed West Indies bowlers from pillar to post for the quickest 150 in one-day internationals on Friday but the South African skipper said only hard work earns a batsman the right to dominate in such a fashion.
Market players say the government is likely to attempt, at least, one big-ticket sale this month.
The Maharashtra government on Tuesday sought the Bombay high court's approval for the proposed auto and taxi fare hike.
Pleading his innocence, actor Salman Khan on Wednesday alleged that he has been framed by the forest officials as he recorded his statement in a Jodhpur court in an arms act case against him in connection with poaching of protected blackbucks at Kankani village in October, 1998.
The Opposition RJD, BSP and the Left parties walked out of the Bihar Assembly to protest rejection of their notice of adjournment motion over presence of "sleazy" content on the official website of the state government. Noisy scenes were witnessed in the House when Speaker Uday Narain Chaudhary after reading out the notice given by RJD's Shyam Rajak and others rejected it, saying it was not in order.
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