State-run Hudco has received capital markets regulator Sebi's approval to raise funds through an initial share sale as part of the government's disinvestment drive. Hudco had filed draft papers with the Securities and Exchange Boardof India (Sebi) in January ... Business Standard, 1 day ago
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The State-owned Oil and Natural Gas Corporation may acquire India's third-biggest fuel retailer HPCL in an approximately 44,000 crore (USD 6.6 billion) deal as part of the government's plan to create an integrated oil giant. Following up on Finance Minister Arun Jaitley's Budget announcement of creating an integrated oil company, India's biggest oil and gas producer ONGC may buy all of the government's 51.11 per cent stake in Hindustan Petroleum Corporation Ltd. This will have to be ...Rediff.com, 3 weeks ago
A digital economy can only work with uninterrupted electricity supply. So, states now face the unpleasant task of telling their citizens that electricity rates need to be hiked. Subhomoy Bhattacharjee reports. Illustration: Uttam Ghosh/Rediff.com To make mobiles work in villages to act as e-wallets, many states now face the unpleasant task of telling their citizens that electricity tariffs need to be raised by an annual average of 4 per cent from now, for at least the next two years. Yet, ...Rediff.com, 2 months ago
The government has set in motion its plan to create an energy sector behemoth in the country by merging some of the 13 state-owned oil firms to rival global oil and gas giants such as BP, Chevron, ExxonMobil, CNPC and bag larger share of global energy to meet ...The Financial Chronicle, 1 month ago The great oil consolidation The Financial Chronicle, 3 weeks ago
By Megan Davies and Rodrigo Campos NEW YORK (Reuters) - The Trump Trade could start looking more like a Trump Tantrum if the new U.S. administration's healthcare bill stalls in Congress, prompting worries on Wall Street about tax cuts and other measures aimed ...Sify, 17 hours ago Dollar, stocks hit by Trump's protectionist stance Sify, 1 month ago Wall St. dips on Trump protectionism, Qualcomm drag Sify, 1 month ago US STOCKS-Wall St dips on Trump protectionism, Qualcomm drag Sify, 1 month ago
Southern India Mills' Association today asked spinning mills to avoid panic buying, as cotton position in domestic and global markets was very comfortable. SIMA Chairman M Senthilkumar said cotton production in India for the 2016-17 season might be around 342 ...Business Standard, 1 day ago
India's broader NSE stock index hit a record high on Friday, as bets on improvingearnings and additional economic reforms are fuelling a rallythat investors believe will lead equity returns to outpace debtfor the first time in two years. The NSE index, or ...Sify, 6 days ago Nifty hits record highs; set to outperform bonds Sify, 6 days ago
By Liz Lee KUALA LUMPUR (Reuters) - Iskandar Waterfront Holdings Sdn Bhd (IWH), which recently offered to buy out its listed unit Iskandar Waterfront City Berhad (IWC), said the merged entity was looking to raise about $338 million this year by issuing new ...Sify, 1 week ago
Posted by Equitymaster Asian equity markets are trading lower today with investors anticipating a near-certain rate hike from the Federal Reserve on Wednesday. The Shanghai Composite is off 0.06% while the Hang Seng is down 0.03%. The Nikkei 225 is trading ...Equitymaster.com, 1 week ago
* Inmarsat is top gainer after results * EDF hits all-time low on French govt share sale * Adidas hits all-time high on strong outlook * Healthcare stocks slide again following Trump comments (ADVISORY- Follow European and UK stock markets in real time onthe ...Sify, 2 weeks ago
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