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Govt departs from privatisation plans, may overhaul PSUs

Economy

12 July, 2024

Govt departs from privatisation plans, may overhaul PSUs

India plans to overhaul more than 200 state-run firms to make them more profitable, signalling a departure from Prime Minister ......

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Grapevine: Megha Engineering to sell city gas unit; Hyundai Motor picks IPO bankers

General

27 May, 2024

Grapevine: Megha Engineering to sell city gas unit; Hyundai Motor picks IPO bankers

Hyderabad-based Megha Engineering and Infrastructures Ltd (MEIL) is selling its city gas distribution arm, Megha City Gas Distribution Pvt Ltd ......

Sensex, Nifty log worst week since mid-March as volatility, foreign selling weighs

Markets

10 May, 2024

Sensex, Nifty log worst week since mid-March as volatility, foreign selling weighs

Indian shares ended higher on Friday, but logged their worst week in eight as concerns over the outcome of ongoing ......

Govt plans tough annual targets for state-run firms to boost valuations

Finance

21 December, 2020

Govt plans tough annual targets for state-run firms to boost valuations

India plans to set tough financial targets for state-run firms to try to improve their valuations ahead of a push ......

Govt asks state-run firms to consider buybacks in move to bridge fiscal gap

Economy

19 October, 2020

Govt asks state-run firms to consider buybacks in move to bridge fiscal gap

India has asked at least eight state-run companies to consider share buybacks in the fiscal year that runs through March ......

Govt extends deadline for initial bids to buy Bharat Petroleum

Manufacturing

30 September, 2020

Govt extends deadline for initial bids to buy Bharat Petroleum

India said on Wednesday it has extended the deadline for submitting initial bids to buy state-owned Bharat Petroleum Corp Ltd ......

India faces revenue fall as coronavirus bites economy

Economy

12 March, 2020

India faces revenue fall as coronavirus bites economy

India faces a sharp decline in government revenues and economic growth for at least two quarters as the coronavirus hits ......

Nifty, Sensex edge higher on auto, metal stocks strength

Markets

09 December, 2019

Nifty, Sensex edge higher on auto, metal stocks strength

Indian shares ended higher on Monday, as gains in auto and metal stocks offset losses in information technology and consumer ......

Nifty, Sensex rise as Reliance Industries, PSU energy stocks gain

Markets

20 November, 2019

Nifty, Sensex rise as Reliance Industries, PSU energy stocks gain

Indian shares ended higher on Wednesday, helped by gains in Reliance Industries and a surge in some public sector energy ......

Cabinet to review BPCL sale proposal next week

Infrastructure

06 November, 2019

Cabinet to review BPCL sale proposal next week

India’s cabinet is expected to evaluate a proposal to sell the government’s stake in state-run Bharat Petroleum Corp (BPCL.NS) next ......