Feb 25, 2017 at 12:53 | Source: CNBC-TV18
In his Budget speech this year, Finance Minister Arun Jaitley had announced that the government is keen on listing the public sector general companies. As planned, the insurance companies have kick-started their preparations for a Dalal Street debut.
Feb 23, 2017 at 16:28 | Source: Moneycontrol.com
Both RBI and the government had tried various ways to reduce bad loans in order to enthuse banks to lend more and the private sector to start investing, but with little success. In fact, the delay has caused more debtors joining the list of defaulters. Stressed assets recognised by banks have doubled from 2013 onward.
Feb 22, 2017 at 15:18 | Source: PTI
Denmark-based DESMI todayopened its first production facility in India which wouldmanufacture oil spill response equipment and pumps.The facility is located at Nadergul village, Adibatlain Telangana. DESMI specialises in the development andmanufacture of pump solutions for marine & offshore, industry,oil spill equipment, defence & fuel and utility segments,according to a company statement.DESMI started its Indian operations with a liaisonoffice in 2013. Understanding the business potential and withan objective to strengthen its presence in India, DESMIdecided to set-up this 3,000 sqm advanced production facilityat Adibatla, the company said. "DESMI's primary focus would be to produce oil spillresponse equipment and then to assemble the pumps and pumpingsolutions locally in India," the statement said..
Feb 22, 2017 at 14:00 | Source: Housing.com/news
According to India Ratings & Research, infrastructure deals, especially in road sector, in the form of Infrastructure Investment Trusts (InvITs), is likely to gain traction in 2017. “We estimate Rs 0.4 trillion (Rs 400 R
Feb 22, 2017 at 10:28 | Source: Moneycontrol.com
The government is a majority stakeholder in both, HPCL and BPCL, holding a stake of 51.1 percent in HPCL and 54.9 percent in BPCL. ONGC is unlikely to take over both entities for a mega public sector oil firm.
Feb 20, 2017 at 21:30 | Source: Moneycontrol.com
Quantum Digital Vision India has informed that the Meeting of Board of Directors of the Company is to be held on February 28, 2017, to transact the business and Variation in the Rights attached to Preference Shares of the Company (unlisted) under section 48 of the Companies Act, 2013.
Feb 20, 2017 at 13:23 | Source: Moneycontrol.com
The Securities and Exchange Board of India has begun drawing up a roadmap for listing and trading of security receipts issued by a securitization company or asset reconstruction company, on stock exchanges. The regulator is seeking the inputs of the Reserve Bank of India in framing the regulations.
Feb 20, 2017 at 09:00 | Source: PTI
Within two weeks of the Budget announcement of listing all profitable central public sector enterprises, the Department of Investment and Public Asset Management (DIPAM) has issued guidelines detailing the mechanism and procedure for time-bound listing of CPSEs on Stock Exchanges.
Feb 20, 2017 at 09:00 | Source: Housing.com/news
Under the present tax laws, a person is taxed on profit from the sale of any immovable asset held as a capital asset, under the head capital gains. For computing capital gains, the immovable R
Feb 17, 2017 at 11:52 | Source: PTI
Government today said it is keeping a close watch on some companies trying to create an artificial shortage of life-saving coronary stents and stringent action will taken against those engaging in unethical practices.