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The sale is part of the asset monetisation agenda of the government aimed at generating revenue from selling to private investors unutilised or part utilised assets.
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The Cabinet had in February 2019, approved the procedure and mechanism for asset monetisation of central public sector enterprises (CPSEs)/public sector undertakings (PSUs).
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Rising demand and higher prices will boost their operating margins by 23 per cent next fiscal, though down from 25 per cent this fiscal, leading to improved credit metrics for steelmakers, Crisil said.
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New Delhi: Realty firm Godrej Properties on Tuesday said it has raised Rs 3,750 crore through sale of shares to institutional investors. Last week, the company launched its qualified institutional placement (QIP) issue to raise up to Rs 3,750 crore. “The QIP committee of the board of directors of the company approved the issue and […]
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By issuing secured debentures to family offices and high net worth individuals on a private placement basis.
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The restructuring means the number of staff is expected to fall to 80,000-85,000 employees over a period of up to two years, Nokia said on Tuesday.
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Overwhelming majority of the bank branches remain closed and shutters are down, said C.H. Venkatachalam, General Secretary, All India Employees' Association (AIBEA).
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Called 'Microsoft Exchange On-Premises Mitigation Tool', the security feature has been tested across Exchange Server 2013, 2016, and 2019 deployments.
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The company "will be leveraging its manufacturing capabilities for the production of Sputnik V COVID-19 vaccine," Gland Pharma said in a regulatory filing.
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The minimally invasive method used in MitraClip therapy allows repair of a leaking mitral valve without open-heart surgery, Apollo Hospitals said.
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The company further said its sales network has crossed the 600 touchpoint mark covering 500 towns and cities across the country.
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The finance minister said the capacity of the RBI's regulatory and supervisory staff is being strengthened with specially tailored courses.
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Asian Paints was the top gainer in the Sensex pack, rising around 2 per cent, followed by Titan, UltraTech Cement, Bharti Airtel, Infosys, Reliance Industries and M&M.
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Keen to extend funding to 500 entrepreneurs in next three years.
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Minister of State for Finance Anurag Singh Thakur, during the Question Hour in the Rajya Sabha, said the government has a "clear and transparent" disinvestment policy.
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The policy, which is under discussion, also stated that actions and things which cannot be done by the online platform entities "can also not be done" by any of its associates and related parties.
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Similarly, the January inflation rate last month was higher on a year-on-year basis.
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This meant that the central government continued to levy excise duty, while state governments charged VAT.
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Aggregate exports for FY21 are likely to be at $279.4 billion, down 10.8 per cent over FY20, the bank said.
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According to the India Philanthropy Report 2021, co-created by Bain and Company and Dasra.
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“Scrambler is one of the most bohemian and maverick offerings from the house of Ducati. We are delighted to introduce the all-new Scrambler Nightshift and the Desert Sled," said MD of Ducati India
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"Ratan Tata, Chairman Emeritus of Tata Sons and Chairman of Tata Trusts, has, in his personal capacity, acquired a stake in Pritish Nandy Communications Ltd through market purchases last week," said PN Comm Ltd.
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The Union Cabinet on Wednesday had gave its nod for amendments in the Insurance Amendment Bill 2021.
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TITA had earlier also imparted training in AI to make State’s youth job-ready.