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government of india

Government of India has introduced various initiatives such as Digital India and Make in India to transform the economy. As part of efforts government has also increased focused on e-governance in India. More

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  • SpiceJet deal raises multiple questions for SEBI Jan 30, 2015 03:18 PM IST

    SpiceJet deal raises multiple questions for SEBI

    While the Marans have decided to exit the Airlines, there are no details on the contours of the transfer of ownership/control.

  • India, S Africa sign MoU to develop youth enterprises Jan 27, 2015 07:03 PM IST

    India, S Africa sign MoU to develop youth enterprises

    The MoU, besides cooperation in MSME sector, also focuses on BBC‘s efforts to economically empower the marginalised group in South Africa through NSIC‘s Rapid Incubation Programme.

  • Coal India falls 5% on likely divestment by govt in FY15 Jan 12, 2015 10:40 AM IST

    Coal India falls 5% on likely divestment by govt in FY15

    "It's also looking increasingly likely that the government will make the divestment in a single effort rather than follow suggestions advising two blocks of 5 percent each," said report.

  • Ricoh India up 11% on bagging big order from government Nov 25, 2014 12:01 PM IST

    Ricoh India up 11% on bagging big order from government

    Ricoh India has got an order worth Rs 1,370 crore from Department of Posts, Government of India towards five-year project of Rural Information and Communication Technology (ICT).

  • Worst behind CVs; will meet export guidance: Ashok Leyland Nov 20, 2014 04:33 PM IST

    Worst behind CVs; will meet export guidance: Ashok Leyland

    Vinod Dasari, MD, Ashok Leyland said that the company might see double-digit margins in Q4 if volumes come back.

  • RBI, govt in talks to curb surging gold imports: Mundra Nov 17, 2014 05:13 PM IST

    RBI, govt in talks to curb surging gold imports: Mundra

    The Reserve Bank of India in August last year had imposed severe restrictions on gold imports and raised import duty to 10 percent in order to check burgeoning current account deficit and sliding rupee.

  • Final shape to Smart Cities project by next month: Venkaiah Oct 17, 2014 07:20 PM IST

    Final shape to Smart Cities project by next month: Venkaiah

    "100 smart cities will come up..some by converting present cities and some by having satellite towns around those cities and some by combining two cities into one by building a new city in between. This is the plan. Final shape will be given during the month of November and then it will go to the Cabinet," Naidu said.

  • Hindrance can be removed by changing companies act: Nirmala Aug 22, 2014 06:43 PM IST

    Hindrance can be removed by changing companies act: Nirmala

    Sitharaman said this while addressing the National Symposium on Manufacturing and Best Practices to Improve the Business Environment jointly organised by Odisha Government's Industries department and Department of Industrial Policy and Promotion, Government of India.

  • HMT up 10% as govt issues formal sanction for revival plan Mar 11, 2014 11:39 AM IST

    HMT up 10% as govt issues formal sanction for revival plan

    The government has issued formal sanction for non-cash assistance in the form of conversion of Government of India loans into equity to the extent of Rs 443.74 crore for which the company has to issue equity shares of equivalent amount to the Government of India.

  • HMT surges 7% on govt nod for restructuring package Feb 19, 2014 09:47 AM IST

    HMT surges 7% on govt nod for restructuring package

    The board of directors of the company on January 25 approved the allotment of fully paid-up 8 percent redeemable preference shares of Rs 100 each for a face value of Rs 217 crore in favour of President of India.

  • Net shortfall in tax collections likely Rs 63K-67Kcr: ICRA Feb 05, 2014 06:26 PM IST

    Net shortfall in tax collections likely Rs 63K-67Kcr: ICRA

    A vote-on-account is a sanction of Parliament for withdrawal of money from the consolidated fund of India to meet the government's expenses, for a period of upto four months before a full Budget is presented.

  • LPG cap hike increase OMCs dependence on GoI: India Ratings Jan 31, 2014 06:37 PM IST

    LPG cap hike increase OMCs dependence on GoI: India Ratings

    Government of India's (GoI) decision to raise the cap on the number of subsidised LPG cylinders could impact the stand alone financial profiles of public sector oil marketing companies in FY15, says India Ratings.

  • How India can meet its challenges in oil & gas space? Jan 24, 2014 05:02 PM IST

    How India can meet its challenges in oil & gas space?

    CNBC-TV18‘s Shereen Bhan sat down with Banmali Agrawala, President and CEO-South Asia, GE; Vipul Tuli, Director, McKinsey & Company; SC Tripathi, Former Oil Secretary; Vikram Singh Mehta, Chairman of the Brookings India Institute and P Elango, CEO of Cairn India to discuss how can the country meet its challenges in the oil and gas space.

  • Govt infuses Rs 700 cr, Rs 400 cr in Dena & Allahabad Bank Dec 26, 2013 07:59 PM IST

    Govt infuses Rs 700 cr, Rs 400 cr in Dena & Allahabad Bank

    Shareholders of Dena Bank have approved raising up to Rs 800 crore by issuing shares by way of Qualified Institutional Placement (QIP) in one or more tranches.

  • FM for more reforms, wants end to impasse on coal, iron ore Aug 27, 2013 07:34 PM IST

    FM for more reforms, wants end to impasse on coal, iron ore

    Facing all round attack over the bad state of the economy, Government today said unleashing of more reforms was the way to deal with the situation and pressed for ending the "impasse" in coal and iron ore sectors to push growth.

  • RBI to transfer Rs 33000 cr in surplus profit to Govt Aug 08, 2013 07:02 PM IST

    RBI to transfer Rs 33000 cr in surplus profit to Govt

    The Reserve Bank of India (RBI) said that it will transfer its surplus profit of over Rs 33,000 crore to the government, providing much needed relief to the centre.

  • Coal Regulator: A major reform; positive for power sector Jul 09, 2013 07:18 PM IST

    Coal Regulator: A major reform; positive for power sector

    India Ratings & Research (Ind-Ra) says the government of India's (GoI) recent decision to constitute an independent regulatory authority for the coal sector is a vital step for its much-needed overhaul. It can potentially bring considerable relief to industries which depend on coal as a critical input, most notably the beleaguered power sector.

  • Tractor industry to witness moderate growth in FY14: ICRA Jul 08, 2013 06:46 PM IST

    Tractor industry to witness moderate growth in FY14: ICRA

    According to ICRA Volumes in the Indian Tractor Industry are expected to expand by 5 percent-7 percent in FY14, says rating major ICRA in its latest release on Indian Tractor Industry. Growth estimates could be revised upwards, contingent on the timing and spatial distribution of 2013 monsoons, and its impact on the Kharif crop.

  • Antony calls for closer military ties between India, China Jul 06, 2013 01:13 PM IST

    Antony calls for closer military ties between India, China

    Defence minister A K Antony called for closer military ties between India and China so that it would be easy to maintain peace along the borders.

  • Will consult all ministries before hiking FDI cap: Sharma Jul 06, 2013 10:46 AM IST

    Will consult all ministries before hiking FDI cap: Sharma

    Industries and Commerce minister Anand Sharma said that he will be consulting all the ministries before raising the limits on foreign direct investment (FDI) in the defence sector.

  • Weakening rupee reverses under-recovery gains for OMCs:ICRA Jul 02, 2013 03:43 PM IST

    Weakening rupee reverses under-recovery gains for OMCs:ICRA

    As the prices of sensitive products are regulated, the Rupee selling prices of these remain either unchanged or increase marginally, thereby increasing the gross under-recovery burden of OMCs. Weakening rupee reverses under-recovery gains for OMCs says ICRA in the study.

  • Gas price hike to impact fertiliser cos: India Ratings Jul 01, 2013 05:35 PM IST

    Gas price hike to impact fertiliser cos: India Ratings

    India Ratings & Research (Ind-Ra) expects the operating profitability of urea manufacturers to decline significantly post the recent revision in gas prices to USD8.4/mmbtu from USD4.2/mmbtu, primarily due to lower operating profits from sales above the cut-off quantity.

  • Inflation-indexed bonds: The safest investment option Jun 25, 2013 03:30 PM IST

    Inflation-indexed bonds: The safest investment option

    Tax and investment consultant Subhash Lakhotia simplifies the various advantages of inflation indexed bonds and how they will be helpful to small time retail investors from inflation.

  • Govt approves Rs 650 cr penalty on Bharti Airtel: Official Jun 25, 2013 02:21 PM IST

    Govt approves Rs 650 cr penalty on Bharti Airtel: Official

    An internal committee of Department of Telecom had alleged that Bharti Airtel had continued to route national and international calls as local calls (SLD) under a scheme till 2005 despite being told to stop it in 2003.

  • CCEA nod on roads sets off debate on PPP model Jun 21, 2013 10:55 PM IST

    CCEA nod on roads sets off debate on PPP model

    The Cabinet Committee on Economic Affairs' (CCEA) decision to approve substitution of road concessionaires was seen as a positive move the government. Although, the industry welcomed the move, it did not foresee much participation going forward due to high debt burdens.

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