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4 mins read
India may have to sell BPCL shares for less than the best price as the government needs money
The government needs money to stimulate the economy and tax collections are likely to be down.…
2 mins read
BPCL divestment opens up to mixed reactions, but the company’s shares takes a hit
The government will be selling its 53.29% stake in BPCL to a strategic buyer, also giving up man…
2 mins read
Indian government might not be able to close Air India BPCL divestments this fiscal
In what can potentially hurt the fiscal math for the ongoing fiscal, a senior government official…
PTI
2 mins read
Julius Baer upgrades India to overweight as fastest growing major economy in 2021
Singapore-based fund house, Bank Julius Baer, has upgraded India to overweight as it will be the fa…
2 mins read
India's largest-ever IPO may be shelved until next year
Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 had announced stake sale…
PTI
1 min read
India's top bureaucrats are meeting today to discuss Air India stake sale plan
The Narendra Modi government is striving to sell Air India to a private player after failing to fin…
1 min read
Weeks ahead of divestment, Air India faces multiple threats of being grounded
The troubles of debt-laden Air India do not seem to come to an end. Even as the government is …
4 mins read
IOC, other PSUs not to bid for BPCL, hints Pradhan
New Delhi, Nov 21 () Oil Minister Dharmendra Pradhan on Thursday hinted that public sector firms su…
PTI
1 min read
BPCL shares plunge 5% as major energy companies including RIL, Saudi Aramco and BP skip the race for stake sale
Shares of BPCL on the BSE plunged 4.9 per cent to touch an intra-day low of Rs 392.35 per shar…
1 min read
Goldman Sachs Forecasts More Than 100% Upside In HPCL, BPCL And IOC
"We believe benefits to state-owned upstream will accrue slowly as the government reduces its subsi…
4 mins read
Sensex, Nifty50 end lower dragged down by metal, PSU banks, realty
Except FMCG and media, all the sectoral indices closed in the red on Monday, with metal and realty …
3 mins read
Union Budget 2021 highlights: Pensioners over 75 years need not file IT returns, says FM
Finance Minister Nirmala Sitharaman today said that senior citizens aged 75 years and above who are…
2 mins read
Chhattisgarh CM demands Nagarnar plant to be handed over to state
New Delhi, Dec 22 () Chhattisgarh Chief Minister Bhupesh Baghel has demanded under-construction Nag…
PTI
3 mins read
Government merges the Department of Public Enterprises with the Finance Ministry to bring better control over state-owned firms
Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry …
PTI
3 mins read
Top stocks to watch — Hero Motocorp, Axis Bank, L&T, IndiGo, Maruti Suzuki, Cipla, GSK Pharma, and others
Amidst negative cues from the global markets, the Indian equities are likely to open in the red …
3 mins read
Top stock movers — IDBI Bank, HCL Tech, Voltas, Amber Enterprises, Blue Star, Hero MotoCorp and others
Indian stock market indices Sensex rebounded in opening trade on Friday, led by intense buying in b…
2 mins read
IndianOil, LIC and SBI are the only state-owned entities to feature in Brand Finance’s list of ‘most valuable’ brands
Both the Navratna companies — IOC and LIC — have risen in their rankings this year. But Indian O…
7 mins read
Budget 2021: From Income Tax deductions to creating jobs and boosting healthcare – Here’s all that could be in Nirmala Sitharaman’s fiscal plans
India’s Finance Minister Nirmala Sitharaman is set to announce the annual budget on February 1, 202…
2 mins read
Nifty may touch 13,400; Sensex 45,500 in 2020: Kotak Securities
New Delhi, Dec 19 () The benchmark Nifty may touch 13,400 levels and Sensex 45,500 next year, and s…