Indraprastha Gas on Tuesday said it has obtained the approval of FIPB for transfer of equity shares to non-resident Indians, foreign institutional investors and foreign venture capital funds in its proposed initial public offer.
Unit Trust of India and Industrial Finance Corporation of India, which together hold around 23 per cent stake in LIC Housing Finance, are likely to exit from the company even as LICHFL is exploring possibility of a public offer.
The Indian Space Research Organisation (ISRO) is all set to make its maiden commercial launch of 36 broadband communication satellites on board the space agency's heaviest rocket LVM3-M2, the countdown for which began early on Saturday at Sriharikota spaceport in Andhra Pradesh.
The court on Thursday directed the CBI to withdraw a Look-Out Circular issued against Patel in a case of an alleged violation of the Foreign Contributions Regulation Act and apologise to him.
Parliamentarians and legislators across the country voted on Monday to elect India's 15th president, choosing between opposition pick Yashwant Sinha and National Democratic Alliance nominee Droupadi Murmu who is favoured to win the battle to the Rashtrapati Bhavan.
Government is planning to foreclose seven major assured return schemes of the Unit Trust of India, including the 'Children Growth Fund'.
'The Assam Rifles are supporting the Kuki-narco terrorists.'
The Unit Trust of India Asset Management Company on Saturday called for a lower tax regime for mutual fund industry for the benefit of average investors.
Bengaluru-based Prestige Estates Projects recently said it aims to double its annual residential sales bookings to Rs 25,000 crore by FY26 from its current markets and others such as Mumbai, Pune and National Capital Region (NCR). The company's chairman and managing director Irfan Razaq tells Raghavendra Kamath about his plans to achieve the target and outlook for the real estate market.
The London-based investment Group J P Morgan has ranked Unit Trust of India's (UTI) IT-Fund as the number one among the Indian country funds over the last five years.
Naik was booked by the Enforcement Directorate in 2016 based on a National Investigation Agency FIR that was registered under the Unlawful Activities Prevention Act.
The government on Tuesday assured the Rajya Sabha that officials found guilty by the Joint Parliamentary Committee, which looked into the stock scam and the temporary freeze on Unit Trust of India's flagship scheme 64 will not be spared.\n\n\n\n
The government will soon come up with Rs 5,000 crore (Rs 50 billion) bonds, offering a tax-free return of 6.6 per cent for investors in seven assured return schemes of the Unit Trust of India.
Opposition members said the former finance minister had misled the Lok Sabha on the Calcutta Stock Exchange payment crisis and the UTI fiasco.
Observing a 'disturbing nexus' between officials of DSQ group, CSE, SCHIL and UTI, the Joint Parliamentary Committee on stock scam on Thursday asked various regulators to expedite probe into the matter that led to a Rs 21.40-crore loss to UTI.
The government will provide Rs 1,200 crore (Rs 12 billion) to UTI-I in the next fiscal to enable closure of three assured return schemes.
The United States has said it supports a direct dialogue between India and Pakistan as outlined in the Shimla Agreement
'China is playing the big global game.' 'Their ambitions lie far beyond the Line of Actual Control.'
Currently, if the IT department finds out that some income has been missed out by the assessee, it goes through a lengthy process of adjudication, and the new proposal would repose trust in the taxpayer.
There is the problem of regions in the North East being theatre for power-play by nations with borders and influences converging in those parts, which in turn requires a sizable presence of the armed forces, notes Shyam G Menon.
The Mamata Banerjee-led Trinamool Congress (TMC), which contested the Goa Assembly elections for the first time this year, failed to make a mark in the coastal state.
Banerjee, who was speaking to reporters at West Bengal's state secretariat, said that her party's name will remain the All India Trinamool Congress.
Former Prime Minister Benjamin Netanyahu led right-wing bloc has secured an emphatic victory in Israel's general elections by claiming 64 out of the 120 seats in parliament, bringing the country's longest-serving premier back at the helm after a brief gap and also ending prolonged political instability.
