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100 million Covaxin vaccines by Sept

The production of Covaxin will increase from the current 10 million doses per month to 60 million-70 million by July-August.Sohini Das reports. IMAGE: People wait to get a shot of the COVID-19......

20 years later: India's privatisation story off to 'Maharaja' start

After a hiatus of nearly two decades, the government's CPSE privatisation programme started off with flying colours with Tata group buying the debt-laden national carrier Air India. Illustration:......

Why are analysts bullish on PSU stocks?

Business prospects are improving across the PSU landscape. Illustration: Uttam Ghosh/Rediff.com Stocks of public sector companies, especially the oil refining and marketing companies (OMCs)......

Govt mulls permitting foreign investment in LIC

The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO,......

IDBI Bank sale: 7 firms in race for advisory role

As many as seven firms, including JM Financial, Ernst and Young and Deloitte, have bid for managing the strategic sale of IDBI Bank. These firms would make a virtual presentation before the......

It's official, govt will divest stake in LIC

The Union Cabinet has cleared disinvestment of the country's largest insurer LIC and a panel headed by the finance minister will now decide on the quantum of stake dilution, a senior official said......

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