A significant financial package for the poor and the unorganised sector will also be announced in a phased manner
HDFC, Kotak Mahindra Prime and SBI may buy shares at Rs 10 each and will jointly invest Rs 6,450 crore in the first tranche
Ahead of its commercial launch, Reliance Jio is now available on all 4G smartphones of Samsung and LG.
Telecom major Vodafone today announced a postpaid plan with unlimited roaming unlimited voice calling and 8 GB data at pocket pinch of Rs 1,999 per month.
Private player Lakshmi Vilas Bank's new chief executive has drawn up an ambitious 10-year plan to revitalise business and has set up big targets to improve performance on a variety of operational parameters.
Government has asked public and private sector banks to prepare board-approved financial inclusion plans and make them an integral part of their corporate strategies to widen the reach of banking services, Parliament was informed today.
Finance Minister Arun Jaitley has already announced in his Budget speech about doing away with the classification of Plan and Non-Plan expenditure in the backdrop of 2016-17 being terminal year of the 12th Plan period (2012-17)
The Union Budget 2016 is likely to see a number of changes to the way it approaches the method of putting out estimates of expenditure.
The higher spend on plan expenditure may spell good news for the economy.
Instead of worrying at the last moment it makes sense to prepare yourself now. This ensures that you not only save tax but meet your financial goals in life.
The company‘s focus on profitable minutes, instead of â€œfreeâ€ minutes that telecom companies liberally offer to consumers paid off for the business, Singh said, pointing to the improvement in the company‘s operating profit, which jumped 11.6 percent.
The companies which would form part of the ETF basket are ONGC, Coal India, GAIL, Power Grid, REC, Oil India, Container Corporation, Power Finance, Indian Oil, Engineers India and Bharat Engineering.
'Plan F' is an investor education initiative by DSP Blackrock Mutual Fund that will empower you to invest smartly.
Del Sehmar, Head of PR & Communications for JLR India told reporters that the company was looking at minimizing loss of production if any, if the workers at DHL, its logistics partner, do go on a strike.
If you were waiting for a Disneyland in India, don't hold your breath. The entertainment giant says television will be key to its Indian plans; report Sajeet Manghat and Sandeep Srikanth of CNBC-TV18.
Coal India is inviting expression of interest from foreign consultancy firms to address the issues for its technology development and modernisation.
Etihad is not impressed by the second revival report that was submitted by Kingfisher Airlines. Etihad doesn‘t have clarity about the exact capital that UB Group will put into Kingfisher Airlines, operational restarting plans and clarity on the exact liabilities, reports Kritika Saxena of CNBC-TV18.
The government needs to audit spectrum usage and refarming of airwaves to ensure efficient utilisation of the natural resource, the 12th Five Year Plan document has said.
Grounded carrier Kingfisher Airlines has filed a revival plan with the airline regulator, a senior government official said on Tuesday, in an effort to renew its operating license before it expires at the end of the year.
RG Rajan, CMD, Rashtriya Chemicals and Fertilisers (RCF), says that he expects disinvestment in the company to happen in the last quarter of this financial year and via OFS. We are still waiting for final communication from the government.
It's been six months since the cabinet approved the demerger of the surplus 740 acre VSNL land into a separate entity. But Tata Communications, as VSNL is now called, says the sale has faced several issues. It's even hampering the company's efforts to retire its $1 billion debt, reports Kritika Saxena of CNBC-TV18.
Buoyed by developments in retail FDI front, RPG-Sanjeev Goenka Group is planning to list its retail arm Spencer's.
Aviation regulator DGCA today suspended the flying licence of beleaguered Kingfisher Airlines for failing to come up with a viable plan for its financial and operational revival and resolve the impasse with its employees over payment of their salary dues.
After the deferment of the RINL IPO, the government now hopes to begin its divestment drive in the second half of November with the Nalco and Oil India issues.
Unveiling its Rs 400 crore investment plans for India, Lifestyle International today said new players like Ikea entering the furniture segment will only help the market grow further.