Govt going to sell 10 percent stake in IOC to raise Rs 9,500 crore
On Monday, the government will sell a 10 percent stake in the largest oil firm Indian Oil Corporation (IOC) for raising about Rs 9,500 crore....
Category : Latest News
3 Indian companies have been named among world’s most innovative firms: Forbes
Three Indian companies, Hindustan Unilever, Tata Consultancy Services (TCS) and Sun Pharma Industries have been named among the world’s 100 most innovative companies by Forbes...
Tax-free bonds of NTPC have been oversubscribed 7.25 times
On Thursday, the state owned NTPC said that its tax-free bonds have been oversubscribed 7.25 times. The company said in a statement that the “Tax Free...
Reliance industries has raised $225 million through overseas bond issue
The Reliance Industries Ltd said that it has raised USD 225 million (about Rs 1,468 crore) through overseas bond issue due in 2026, guaranteed by...
Govt has scrapped the plans for privatisation of Chennai, Kolkata, Jaipur and Ahmedabad airports
The proposal to privatise Chennai, Kolkata, Jaipur and Ahmedabad airports has been scrapped by the government. In a high level meeting which was attended by...
Sun Pharma has got the approval for acne drug from USFDA
On Wednesday, the drug maker Sun Pharmaceutical Industries said that it has got the US health regulator’s approval for its new drug application for treatment...
RBI has given its approval to set up payments banks to Reliance, Airtel, Vodafone and eight others
On Wednesday, the Reserve Bank of India has granted ‘in-principle’ approval to 11 entities for setting up non-lending payments banks as part of the financial...
USFDA has issued a warning letter to Mylan for lapses at 3 units
A warning letter has been issued by the US Food & Drug Administration (USFDA) to Mylan Laboratories for the violation of current good manufacturing practice...
Govt aims to make PAN universal
The government will be soon launching a nation-wide facility under which a PAN card will be issued to all citizens. The Income Tax Department issues...
No direct plans for permitting FDI in coffee, rubber plantation:Govt
The government said on Wednesday that there was no “immediate plan” for permitting foreign direct investment in the coffee and rubber plantation sector of country....