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January 30, 2015 8:12 PM
In the government's biggest-ever disinvestment, its 10 per cent stake sale in public sector company, Coal India Limited was over-subscribed by 1.07 times. The share sale will fetch the government about Rs 22,600 crore, and make up over half of its budgeted disinvestment target. This is the ...
January 30, 2015 2:25 PM
The government will today offer to offload up to ten per cent of its stake in Coal India Limited (CIL) as part of its ambitious divestment programme. In the biggest ever share sale, government is expecting to garner about 22,600 crore rupees from today's sale. The government has fixed 358 r...
January 30, 2015 12:18 PM
In the season's first grand slam, Australian open, Leander Paes and his partner Martina Hingis have reached mixed doubles finals. In the semi finals played at Melbourne today, Indo Swiss duo, Paes and Hingis defeated Chinese Taipei's Su-Wei Hsieh and Uruguay's Pablo Cuevas...
January 30, 2015 12:13 PM
Low cost carrier Spice Jet plans to raise 1,500 crore rupees by way of issuing securities and allotting non-convertible preference shares to its promoters, Marans who will be exiting the company. At its meeting yesterday, the Board of Spice Jet, approved the entire 58.46 per cent stake sale of its p...
January 30, 2015 12:01 PM
India's FDI increased by 26 per cent in 2014 to an estimated 35 billion US dollar with maximum growth in the services sector, despite the decline in global Foreign Direct Investment inflows. This was revealed in the latest 'Global Investment Trade Monitor' report released ...
January 30, 2015 8:54 AM
The Reserve Bank has cautioned that "unbridled" financial inclusion drive could create problems and asked banks to take adequate safeguards in this regard. Addressing an event in Mumbai, RBI Deputy Governor H R Khan said that sometimes over-enthusiastic, unbridled financial inclusi...
January 30, 2015 8:08 AM
The non-performing assets of the nationalised banks have increased from 9,190 crore rupees in 2011-2012 to 2,16,739 crore rupees in 2013-2014. Former journalist Ketan Tirodkar obtained this data from the Reserve Bank of India under the right to information. Tirodkar has filed a public interest litig...
January 30, 2015 7:35 AM
India's FDI increased by 26 per cent in 2014 to an estimated 35 billion US dollar with maximum growth in the services sector, despite the decline in global Foreign Direct Investment inflows. This was revealed in the latest 'Global Investment Trade Monitor' report released ...
January 30, 2015 7:32 AM
The non-performing assets of the nationalised banks have increased from 9,190 crore rupees in 2011-2012 to 2,16,739 crore rupees in 2013-2014. Former journalist Ketan Tirodkar obtained this data from the Reserve Bank of India under the right to information. Tirodkar has filed a public interest litig...
January 29, 2015 7:35 PM
In West Bengal, nine day long Asansol Industry and Trade Fair began in Burdwan today. Chief Minister Mamata Banerjee inaugurated the fair being organised by the Asansol Chamber of Commerce. Speaking on the occasion, Ms. Banerjee mentioned various efforts of her government for the industrialization i...
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