Leading logistics and transport companies are willing to operate Blueline buses on certain lustre routes in Delhi. As many as 11 players have submitted their bids for operating 200 private carriage buses in the capital at an estimated cost of Rs 57 crore
This was the biggest IPO in the Indian market since Infratel's.
'The Make in India target of getting manufacturing to account for 25% of GDP by 2022 is quite impossible to achieve.' 'As for the role of technology in the average Indian's life, it is still quite basic -- mobile phones and Mars successes notwithstanding,' says T N Ninan.
We could be on the brink if our export industries actually start losing jobs, says Shreekant Sambrani.
ICICI Bank was the top gainer after stable rating for its senior unsecured bonds by S&P Global Ratings.
The tearing hurry to form theatre commands has to be replaced by a balanced and deliberate approach. We need to accept that this process will take time if executed correctly and in the best interests of the Indian armed forces, argues Commodore Venugopal Menon (retd).
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The IAF has paid French aerospace firms Dassault and Thales about Euro 350 million for 'performance-based logistics'. This requires the vendors to ensure that 75 per cent of the Rafale fleet is combat-ready at all times, notes Ajai Shukla.
Businesses across the world consider efficient delivery of shipments to be a growth driver, and IoT-based start-up Roambee fills this need with real-time reports to businesses using tracking data.
Tatas' drive into Sanand area for their Nano project has given a major fillip to Mumbai-based real estate major K Raheja Corp to set up its support infrastructure projects in the area.
'Further delay will do nothing other than the loss of a year and when there is loss of a year, think of next year you are having two first year batches.' 'Have the IIT system or similar institutions got the infrastructure to handle such a situation?'
'I hope the trend is sustainable and that economic activity accelerates going forward.'
He said trust and confidence were the backbone of any financial system and one should never underestimate the power of ethics and values.
Patil added that India is not satisfied with Pakistan's action against terrorists.
'Job opportunities will be available in pharma, retail, medical, virtual business operating sectors, IT sector, telecommunications, infrastructure development, healthcare sector and e-commerce.'
Spectrum Retail Mart, a retail chain of medical stores and fast moving consumer goods, has set up shop in Mumbai with an initial investment of over Rs 90 crore (Rs 900 million).
All real estate developers may not be able to avail the benefit of Reserve Bank of India's one-time restructuring scheme as they might not meet the required financial ratios and have the necessary credit rating, HDFC vice chairman and CEO Keki Mistry said. He was speaking at a real estate and infrastructure investor summit organised by Naredco. "Restructuring may not necessarily help every developer because not too many will be able to meet the criteria laid down in terms of meeting the various ratios and getting credit ratings," Mistry said.
Gujarat is on the road to market 'Brand Gujarat'. The state has aimed at an accelerated industrial growth of about 15 per cent for the next five years. According to the new policy, the state will create room for three new economic corridors to house four special investment regions (SIR), 10 logistic parks for Delhi Mumbai Industrial Corridor (DMIC) and a slew of industrial parks. For trained manpower, the state government will create a synergy between industry and education.
'And they are going to be milder because we are dealing with the vaccinated and are much richer in terms of the immune response in the population.'
Biden has reiterated America's support for India's permanent membership on a reformed UNSC and its entry into the NSG during his first in-person bilateral meeting with Modi at the White House.
The manifesto proposes to launch a Sagar Mala project to set up new ports and upgrading the existing ones and "stringing them together".
For months, offline retailers and traders have been lobbying hard for a national retail policy to protect their business from the growing influx of e-commerce.
Pakistan has not taken any significant steps to dismantle terrorist infrastructure on its soil and continues to provide logistic and financial support to terrorists in Jammu and Kashmir, government said Thursday.
'You will not have a vaccine for everyone initially.'
Passenger vehicle wholesales in India slipped to a 10-year low in the April-December this fiscal, and the industry will have to work hard to regain better volumes and business health, industry body SIAM said on Thursday.
Prabhu's maiden Railway budget is high on vision.
'Notwithstanding the realisation among the Indian leadership to build up its navy for the force's expanding role, the Indian Navy was allocated only 15% of the interim defence budget presented in Parliament in February 2019.' 'The outlay for the navy's capital acquisition is not even adequate to meet its committed liabilities,' points out Brigadier S K Chatterji (retd).
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
'The telecom companies are our lifeline now, despite having nearly collapsed under debt because of ill-advised policies.' 'Perhaps our obvious dependence on telecom services will spark well-conceived policies for this sector,' says Shyam Ponappa.
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
The decline was led by index heavyweight Reliance Industries along with ITC and HDFC.
'The border stand-off and the uncertainties that come with it should be a wake-up call on what makes for real rather than illusory power,' observes T N Ninan.
Billionaire Jeff Bezos, who founded Amazon as an online bookseller nearly three decades ago, will step down as the CEO of the $1.7 trillion global retail giant in the third quarter of 2021 with Andy Jassy being named his successor.
The Indian Army has shown it can face down the PLA, but is too often held back by a political leadership that lacks boldness, asserts Ajai Shukla.
Joint secretary in the ministry Lav Agarwal said 149 new COVID-19 cases, including two deaths, have been reported since Friday. Combined efforts are on to ensure 100 per cent lockdown and that social distancing gets implemented, he said at a press briefing on the current COVID-19 situation in India.
Aiming to push India into the list of the top 10 agri export nations, the policy has been backed by the Prime Minister's Office
Indian auto and pharma industries import several critical components and raw materials from China.
Seeking to guard investor returns from excessive exchange rate movements, RBI Governor Raghuram Rajan on Thursday said a move towards an inflation target of 4 per cent will help contain the currency market volatility.
'The Chinese can't be trusted hence the need to verify and re-verify.'
'Are all roads in India privatised? Are governments not playing a role in airports or ports? If they (private players) want to set up lines for a specific requirement, I see no reason to object. It will expand the opportunity and passengers will also benefit.'