The road-building target has been missed in the past two years and the same is expected this year as the general elections approach
The 200 billion rupee ($2.5 billion) equity sale via the further public offer mechanism, approved Friday, gives the company maximum flexibility, including pricing at a discount to target more investors, Chief Financial Officer Jugeshinder Singh said in an interview.
The allocation towards the PMAY-U in the Union Budget has been reduced to Rs 8,000 crore for FY2022, against a revised estimate (RE) of Rs 21,000 crore for FY2022
India is seeking a dividend of up to USD2.2 billion from partly state-owned Hindustan Zinc Ltd (HZL), three people with knowledge of the matter said, as New Delhi targets a boom in the base metal to help shore up crumbling public finances.
NIIT provides IT solutions in application development and maintenance, managed services, IP assets/platform solutions and business process outsourcing in verticals like financial services, travel and transportation, manufacturing, distribution, healthcare and government sectors.
Goldman Sachs expects the battering in emerging market currencies to continue going forward. Keeping that in mind, it revised its targets for Malaysian ringgit, Thai Baht and Indonesian rupiah on Friday.
High inflation, negative growth in agriculture, global slowdown and fluctuations in international oil prices led to shortfall in achievement of targets in government's centrally sponsored schemes during the 11th Plan, Parliament was informed today.
Lackluster demand has tripped up the top real-estate companies and they've failed to meet the full year targets, reports CNBC-TV18's Priyanka Gosh.