Richest 10 account for 41% of promoter wealth, up from 33% in December 2018, says Krishna Kant.
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According to media reports, CBI is looking into the entire process at the then NDA government and has asked for information from the mines ministry.
Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.
Authorities lifted Section 144, which does not allow assembly of more than four people.
To mark the first anniversary of the Sterlite firing anniversary -- 13 people died and several were injured when the Tamil Nadu police fired on a large crowd protesting -- various organisations will hold rallies and meetings in the port city.
Index heavyweights continue to be top losers with ICICI bank.
As the WEF summit draws to a close on Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.
In the midst of huge job losses as a fallout of the coronavirus pandemic, Tamil Nadu Chief Minister Edappadi K Palaniswami has signed 17 MoUs for an investment of Rs 15,100 crores that aim to provide 47,100 jobs. But a clearer picture on where the projects stand will emerge only after the Covid-19 induced fear psychosis ends, to see if popular protests will derail them like they have done so many others, says N Sathiya Moorthy.
Vedanta Resources has huge interests in India. The promoter and majority shareholder of Vedanta Resources, Anil Agarwal, also founded Sterlite Industries.
Mark Scialla had interviewed several people on December 28 and 29 on alleged health issues faced by them due to the now closed Sterlite copper plant. Rambha said the visa clearly stated that the American national should not embark on any work except tourist activities.
The company will engage various NGOs for the construction of toilets as well as undertake awareness campaigns for better sanitation, it said adding that a total of around 100,000 households would be benefited by the sanitation initiative.
Among the series of questions raised were how self-loading riffles found their way out of the armoury and came to be used in the firing, how snipers were perched atop vehicles and how persons came to be shot in the face and chest.
It is the second firm to have received retrospective tax notice this year after Vodafone Group.
Modi made a strong case for a partnership between the producers and consumers in the oil market as it exists in other markets.
59 of the 101 millionaires have seen an overall increase in net worth.
'It is my duty to give the govt the right price of crude oil.'
The CM also announced compensation of Rs 10 lakh each for those killed during the protest and Rs 3 lakh each for the injured, government jobs for the family members of the deceased also announced.
The Income Tax department, which is probing Cairn Energy plc's transfer of India assets, has asked the UK-based company not to dispose of its 10.3 per cent holding in Cairn India.
The government order said it endorsed the recent closure direction of the Tamil Nadu Pollution Control Board, and also asked the TNPCB to "seal the unit and close the plant permanently".
Wishlist for new PM includes growth boosters, reining in inflation, faster project clearance and reversal of Land Acquisition Act
Tata Power, Sesa Sterlite and Hindustan Zinc likely to be hit.
The company has not been able to sell its 9.8% stake in Cairn India
Committed to keep fiscal deficit under check, Prime Minister Manmohan Singh has convened a high-level meeting on Tuesday to push forward the disinvestment programme with a view to achieve the budgetary target of Rs 40,000 crore (Rs 400 billion) in the current fiscal.
The home minister said he was deeply pained at the loss of precious lives during the agitation at Tuticorin.
The National Human Rights Commission took cognisance of the violence and issued notices to chief secretary and the director general of police, calling for detailed reports in two weeks.
Tatas, Adani, Bharti, HDFC and Sun Groups have clocked huge gains.
A plea of the UK-based Vedanta group company to export its share of crude oil from Barmer oil field in Rajasthan was on Tuesday rejected by the Delhi high court on the ground that domestic crude cannot be exported till India attained "self sufficiency".
Anil Agarwal, chairman of the Vedanta group, has not started the New Year on a good note.
Bids for eight coal blocks were sent for re-examination.
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
Analysts refuse to read too much into the early birds numbers.
Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.
The government has already said it is keen on starting ore mining and exports.
Prime Minister Manmohan Singh has asked administrative ministeries to work out viable plan for disinvestment of BHEL and Coal India, including dividend payment, so as to achieve Rs 40,000 crore (Rs 400 billion) target in the current fiscal.
This makes him corporate India's biggest donor to society.
Sensex, Nifty put up a good show in closing trade.
The company is looking to invest more than $3 bn over the next three years.
The government has a two-pronged strategy for e-auction of cancelled coal blocks.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
Govt diverts Rs 253-crore subsidy savings to the poor.
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