With the new owner shelling out Rs 18,000 crore for the buyout of 'Maharaja' this would be the highest ever amount garnered through privatisation or even the cumulative sum garnered through strategic sale in 1999-00 to 2003-04. The government had garnered roughly over Rs 5,000 crore during that five-year period by privatising 10 CPSEs.
The coins will bear MGR's portrait in the centre along with the inscription 'DR M G Ramachandran Birth Centenary'.
A reception often reserved for rockstars came the way of mining mogul Anil Agarwal when he started revealing nuggets of his ascent from a scrap-metal dealer to one of India's most prominent self-made industrialists on social media. And now he has been flooded with booking writing proposals and has even been offered money for a biopic. In February this year, Agarwal, 68, started tweeting his journey from Bihar to Mumbai first and then to London to head a globally diversified natural resources company with interests in zinc-lead-silver, iron ore, steel, copper, aluminium, power, oil and gas.
Metal sector is not too happy from Budget announcements for the sector
Using lightweight products and following a monsoon skin care routine can keep problems at bay.
Add these protein- and vitamin-rich foods to your daily diet.
The share of public sector undertakings (PSUs) in the total market capitalisation of listed companies--at an all-time low of 10 per cent currently --- may get a leg-up from the government's divestment push. Recently the government announced the successful sale of national carrier Air India to Tata Sons, India's first privatisation of a PSU since 2002-03. The transaction is expected to be completed by December.
Growth has been under pressure since the lockdowns related to Covid-19 started and fresh prescription generations slowed.
'When you are on these drugs, there is a possibility that you come to the hospital late, just by virtue of the fact that you believe that things are going to turn around, because you are on all these medicines.'
If you have a fever and symptoms of a UTI, or if your symptoms persist despite treatment, you should see a doctor.
Always boil water or at least filter it before drinking to avoid all possible water borne diseases.
Five seeds that can help you lose weight.
The right food choices can help reduce anxiety and stress, says Chef Prabhakar Nagraj.
"Out of an abundance of caution, and at the recommendation of his physician and medical experts, the president will be working from the presidential offices at Walter Reed for the next few days," White House Press Secretary Kayleigh McEnany said on Friday, a day after he was tested positive for COVID-19.
Replacing refined sugar with dates, honey, stevia can help you stay healthy.
World silver mine production increased to a new record of 23,800 tonnes as a result of increased production at primary silver and lead-zinc mines.
Protein helps you build muscle, improve metabolism, and keeps you satiated for longer.
Here are tips on how to manage your skin this summer.
Nutritionist Dr Siddhant Bhargava explains the importance of essential nutrients, probiotic food and vitamin C in your daily diet.
Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.
The mining ministry's inordinate delay in giving approval to group firm Hindustan Zinc to buy London-based Anglo American's zinc mines has forced the company to route it through Sterlite.
The flare up in the global non ferrous metal prices since June 2010 has benefited the players in general and the aluminium, lead and zinc producers in particular.
Outbound shipments of engineering products in June to these nations doubled to $1.32 billion in June 2020, from $653.52 million in June 2019.
Aluminum major Vedanta's $1.34-billion acquisition of the zinc assets of Anglo American, which will be funded through Hindustan Zinc, is the latest manifestation of the restored growth appetite of Indian companies.
Mobility company Ola's chief financial officer Swayam Saurabh and chief operating officer Gaurav Porwal are leaving the company. These developments come at a time when the SoftBank-backed company's core ride-hailing unit is planning to go public and for which it raised $500 million from Warburg Pincus and Temasek in July this year. These investment firms had partnered with the company founder Bhavish Aggarwal for this round.
Prime Minister Narendra Modi, who won a landslide election victory in May largely on a promise of economic growth, is expected to speed up divestments to bolster revenue generation.
Anil Agarwal, chairman of the Vedanta group, has not started the New Year on a good note.
The group also has plans to spend Rs 50,000 crore (Rs 500 billion) on power generation. The London-listed giant will spend Rs 43,000 crore (Rs 430 billion) to enhance its capacity, in addition to its Rs 50,000-crore (Rs 500-billion) plan in power generation.
Corrosion is a big menace for anything with steel application from rebars in construction, oil and water pipelines, railway track, power distribution poles to automobiles, says Kunal Bose.
Xi's visit to Nyingchi, bordering Arunachal Pradesh, signals China's opening of another front to India in the eastern sector, observes Srikanth Kondapalli, the leading China expert.
One of the causes of rigorous hair fall is extensive over styling and hair treatments.
The all-powerful GST Council on Friday decided to charge food delivery platforms such as Swiggy and Zomato a tax even as it extended concessional tax rates on certain COVID-19 drugs by three months till December 31. The Council, which comprises the Union finance minister and her state counterparts, decided to continue keeping petrol and diesel out of the GST purview as subsuming the current excise duty and VAT into one national rate would impact revenues. Briefing reporters on the decisions taken by the Council at a meeting here, Union Finance Minister Nirmala Sitharaman said GST has been exempted on muscular atrophy drugs like Zolgensma and Viltepso, which cost crores of rupees.
According to the local Brass Handicrafts Manufacturers Association (BHMA), some 800,000 people are directly employed in Moradabad's massive brass handicrafts and utensils manufacturing industry, which has some 30,000 small and micro-scale units and a total annual turnover of Rs 10,000 crore. The manufacturers are heavily dependent on export markets such as the US, Canada, Australia and the European Union. And exports account for nearly 70 per cent of their revenues. According to industry insiders, since this year's lockdowns, manufacturing has been at 65 per cent of normal levels.
During the ancient Olympic Games, athletes who emerged victorious were awarded 'Kotinos' or olive wreaths
In their ground-breaking study, a team at Pennsylvania University made laboratory rodents HIV resistant by sabotaging a gene in blood cells that the deadly virus normally infects, the Nature Biotechnology journal reported.
Nearly 50 pc children under five years of age in India have stunted growth mainly because of zinc, iron and vitamin A deficiencies, according to a new study.
Tackle your hair and skin problems with expert help from Dr Dinesh Jain.
Tackle your hair and skin problems with expert help from Dr Dinesh Jain.
Intake of nutrient-rich foods is crucial.
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