To sell off L&T IDPL, Nabha Power; transfer Hyderabad Metro to an InvIT.
'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'
Hyderabad-based Gold Stone Group, which sells BYD buses in the country, is setting up a greenfield manufacturing facility at a cost of around Rs 200 crore
The FIPB, headed by Department of Economic Affairs Secretary Arvind Mayaram, discussed 30 foreign direct investment proposals, including 10 from pharma sector.
The Vedanta group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum Corp Ltd (BPCL).
'More a show that you are doing something in the Budget even if that something never actually comes to pass,' notes Nitin Desai.
'Unless we get the health and economic situations right at the same time, we will not recover.'
RBI Governor cautioned against more volatility.
Tatas and Singapore Airlines have assured the government that control of their proposed airline venture would always remain in Indian hands, while seeking approval to offer passenger services on both domestic and international routes.
India's second-biggest carmaker Hyundai Motor India on Tuesday said its sales soared 109 per cent to 15,508 units in February 2004.
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EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.
India's current limit of $25 billion for ownership of government bonds by FIIs is fully utilised, leading to calls for increasing it
The order, a "negative" overall, will be a short term positive for corporate focused state-run and private lenders because of the possibility of delaying incremental stressed asset recognition.
IndiGo, Jet, SpiceJet and GoAir demand level playing field in aviation policy, say government can't favour only two new airlines.
Vehicle sales across categories registered an increase of 5.03 per cent to 16,03,292 units from 15,26,514 units in November 2013.
Women's share of work in these industries is over 50 per cent, yet they are paid much less than their male counterparts.
The fairy tale turnaround story has, however, taken a few knocks after a second wave of the pandemic has brought a series of default notices and has posed the toughest test for the 55-year old Singh to save the airline he founded and sold to the Marans only to assume control later.
A Russian fund submitted its interest to the resolution professional on February 14 and also hired a consultancy firm to help them with the bidding process.
The biggest spender was Tata Motors, with Rs 4,224.6 crore assigned under the R&D head.
The actual expenditure will only be marginally higher and hence, the multiplier effect will be muted.
Most of the engines used by Suzuki's two-wheelers in India are manufactured by Maruti at its Manesar plant.
A Chinese magnate has agreed to buy historic English football club Aston Villa, the latest in a series of investments from China into football worldwide as President Xi Jinping looks to make the country a global powerhouse in the sport.
Hyundai, which is also toeing Maruti's lines, said special schemes are offered to engage the cab aggregators, including annual-maintenance-contract packages and extended warranty.
India is one of the largest military equipment importers in the world, at over $8 billion a year.
New buyers of English and Welsh soccer clubs may be forced to sell up to 10 per cent of their stakes to fans of the club under plans put forward on Friday by Britain's opposition Labour party to shake up club ownership and governance rules.
The majority in the markets believe that a September lift-off is likely.
Ford India and Renault too reported good sales growth in April
It is domestic policy distortions and inaction to correct them that lie behind the large CADs.
The SC ruled that Karnataka will now have an enhanced share of 14.75 tmcft water per year while Tamil Nadu will get 404.25 tmcft, which will be 14.75 tmcft less than what was allotted by the tribunal in 2007.
'It is very clear that Air India cannot be managed by the government.' 'Air India should be run as a separate profit entity.'
However, this was subject to conditions like substantial ownership and effective control of the airline being vested in Indian nationals.
'The government wants foreign companies to capture the insurance market.'
Uber CEO Dara Khosrowshahi says the younger generation doesn't dream of owning a car, but instead wants the freedom of having any service on demand.
Promoters, institutional investors have started increasing their holdings in domestic private sector companies.
The queries, sent in November, were mainly about Capital Investment Trust, which the I-T department said, was used for the purpose of transferring foreign funds comprising global depository receipts (GDRs) of the value of $400 million to two Indian entities - Reliance Utilities & Power (RUPL) and Reliance Port & Terminal (RPTL), owned by the Ambani family. A show-cause notice issued on March 29 to Ambani's wife Nita, and their three children.
Amazon India is waiting for clarifications from the government on several aspects of the latest FDI guidelines to be able to carry on with business in the country. Sources said, no new investment is likely till at least the second half of 2019.
Young buyers willing to frequently replace older models with newer ones are boosting bookings and sales.
SpiceJet put one lakh seats up for grabs.
