No divestment in Nalco, says ministry

The ministry of mines has turned down a request from the finance ministry on further dilution of government equity in the National Aluminium Company Limited, causing differences to crop up in the......

'We are World Bank's largest borrower'

Power Grid Corporation of India (PGCIL), the state-owned power transmission company, is planning a capex of Rs 85,000 crore (Rs 850 billion) to Rs 1 lakh crore for the 12th Five-Year Plan......

'Successful listing is true justice to RE development in country'

'This is not just the IREDA’s IPO. It is the success of the ministry of new and renewable energy and of the renewable energy industry.' Photograph: Kind courtesy IREDA Ireda debuted on Dalal......

Panel rejects plan for oil PSU merger

Nixing the petroleum ministry's proposal for the creation of a single public sector oil company, the Synergy in Energy panel led by V Krishnamurthy on Monday suggested transferring the government......