Cabinet approves strategic sale of govt stake in BPCL, 4 other CPSEs - Business Standard
Govt’s strategic divestment of BPCL will exclude Numaligarh Refinery; management control to be transferred to strategic buyer
CCEA approves mega disinvestment exercise: Nirmala Sitharaman - Livemint
Shipping Corp. and Concor among companies in which the government will offload its stake.Sale of assets will be key to the govt meeting its ambitious target of generating ₹1.05 trillion from disinvestment
Subhash Chandra to sell 16.5% stake in Zee - Livemint
Sale will see Essel Group’s stake plunge to around 5% in the firm.The 16.5% stake includes a 2.3% stake which is in the process of being sold to OFI Global
Stalled residential projects worth $66 billion face bankruptcy proceedings - Economic Times
In the current scenario, it is the residential real estate segment that presents the maximum amount of stressed assets. India’s residential sector has been reeling under the pressure of delayed/stalled projects with 4.54 lakh units running behind their comple…
Former WPP chief Martin Sorrell’s S4Capital buys Delhi-based WhiteBalance - Times of India
India Business News: NEW DELHI: Former CEO of WPP Martin Sorrell’s S4Capital Plc, the digital advertising and marketing services company on Wednesday announced that its gl.
NCLAT extends deadline to Dec 16 for implementation of Patanjali’s bid for Ruchi Soya - Moneycontrol.com
In September this year, Patanjali Ayurved had received approval of the National Company Law Tribunal (NCLT) to acquire Ruchi Soya, which went into an insolvency in December 2017.
Microsoft CEO Satya Nadella named Fortune’s Businessperson of the Year 2019 - The News Minute
Microsoft’s India-born CEO Satya Nadella has grabbed the top spot in Fortune’s "Businessperson of the Year 2019" list. Other Indian-origin CEOs in the Top 20 list are Mastercard CEO Ajay Banga (8th spot) and Jayshree Ullal, head of California-based computer n…
Reliance Jio, Vodafone Idea and Airtel: Why these telecom firms are raising tariffs at the same time - Scroll.in
What we know about the tariff increases and what’s behind them.
Stalled residential projects worth $66 billion faces bankruptcy proceedings - Economic Times
In the current scenario, it is the residential real estate segment that presents the maximum amount of stressed assets. India’s residential sector has been reeling under the pressure of delayed/stalled projects with 4.54 lakh units running behind their comple…
Tata Motor’s JLR to face challenging times even in next fiscal: Moody’s - Livemint
Jaguar Land Rover would continue to face challenges for the remainder of the current and in the next financial year as well due to weak market outlook, Moody’s said.Moody’s, which assigned a B1 instrument rating to JLR’s new expected ₹3,970 crore senior unse…
Coming soon: A direct plan in all PMS schemes just like MFs - Moneycontrol.com
The proposed SEBI (Portfolio Managers) Regulations, 2019, will mandate offering a direct plan for all PMS schemes.
Cabinet approves sale of 5 PSUs including BPCL, Shipping Corp, CONCOR - Moneycontrol.com
Finance Minister Nirmala Sitharaman said the Cabinet has given the in-principle approval for disinvestment in select CPSEs.
Exclusive | Shapoorji Pallonji Group kick-starts sale process for Eureka Forbes; top PE funds in fray - Moneycontrol.com
Shapoorji Pallonji Group has initiated preliminary discussions with investment bankers for a potential sale of its consumer durable flagship Eureka Forbes.
Reliance Jio, Vodafone Idea and Airtel: Why these telecom firms are raising tariffs at the same time - Scroll.in
What we know about the tariff increases and what’s behind them.
