Amid questions raised over stake sale in profit-making PSUs, the government on Tuesday said in Rajya Sabha that the criteria for disinvestment were not profit or loss. In oral reply to a question from Shiv Sena MP Sanjay Raut, Minister of State for Finance, Anurag Thakur said that the criteria for disinvestment have been ...
Big hotel chains in Rajasthan are helping the local economy grow by providing newer employment avenues to the natives. These hotels are hiring local people to showcase the colourful heritage of Rajasthan to guests coming from different parts of the world....
The international ratings agency, Fitch Ratings expects more of India's non-bank financial companies (NBFC) to look for offshore financing in 2020 as local funding conditions are likely to remain under pressure. "However, we expect offshore access to be confined to larger entities with ...
Stock price of the fourth largest private lender Yes Bank on Tuesday fell as much as 5 per cent ahead of the crucial board meet to take call on the investment offers that the bank has received. Investors pushed the sell button over reports that the bank may decline to ...
Domestic automobile sales continued to decline in November with the overall sectoral off-take plunging 12.05 per cent on a year-on-year basis, data showed on Tuesday. According to the data furnished by the Society of Indian Automobile Manufacturers (SIAM) the sector's total sales declined to 1,792,415 units in ...
Wholesale prices of onion eased in Delhi on Monday after an increase in local produce arrivals as well as the bulb sourced from the overseas. "Around 24,000 bags of onion, each containing 55 kg of the crop, arrived at the Azadpur Mandi that brought down the prices as compared to the previous week," ...
Sensex and Nifty opened marginally higher on Monday. Gains were led by Yes Bank, Zee, Maruti Suzuki and Tata Motors. Auto stocks were trading higher, led by gains in Maruti Suzuki. The auto major increased its production in November by 4.33 per cent, after having reduced ...
The golden mahseer has been saved from extinction through a conservation plan launched to improve its status in reservoirs and rivers of Himachal Pradesh, according to conservationists here on Sunday. India's nearly extinct 'tigers of the water', which suffered severe population...
With most of the home buyers of Jaypee Infratech (JIL) seen backing the state-run NBCC (India) to acquire the bankrupt company and its projects, Suraksha Realty, the other player in the fray has made several efforts this time round to gain the favour of the Committee of Creditors (CoC) including both banks and home buyers. ...
In a classic case of how political interference is pushing public sector enterprises into taking senseless investment decisions, it now comes across that country's largest public sector steel maker Steel Authority of India Ltd (SAIL) has lost its entire investment made in acquiring Malvika ...