The Ministry of Electronics and Information Technology (MeitY) has invited applications for the setting up of sub-assembly for manufacturing printed circuit boards, battery packs, power adapters, and switched mode power supply circuits from...
The Reserve Bank of India (RBI) has established a five-member committee to analyze applications for universal banks and small finance banks, which will be led by former RBI Deputy Governor Shyamala Gopinath. The other members of the panel —...
The government has fully exited Tata Communications Ltd by selling its 26.12% stake and has netted Rs 8,846 crore in the process, the Department of Investment and Public Asset Management (DIPAM) said Monday. The government has divested its holding...
State-owned engineering firm BHEL on Monday said that it has bagged its first ever overseas solar power project in Mauritius. The project will be set up by BHEL at Tamarind Falls, Henrietta (Phase II), Mauritius on Engineering, Procurement and...
The Securities and Exchange Board of India (Sebi) on Monday relaxed the norms for valuation of perpetual bonds like additional tier-1 (AT-1) bonds following strong objection from the Finance Ministry. The regulator said the deemed residual...
The rupee appreciated 15 paise to close at 72.37 against the US dollar on Monday which was driven by the foreign fund inflows and the easing crude oil prices. However, subdued sentiment in the domestic equity markets and a moderately strong dollar...
The finance ministry has asked markets regulator Sebi to take the necessary measures to address the issues which led to the outage at National Stock Exchange recently. In a written reply to the Lok Sabha on Monday, the Minister of State for...
Employees make or break a business organization and the quality of your employees have a massive say when it comes to determining the performance and growth rate of a business. The growing competition in the industry has also made it harder for...
The Central government is expecting the divestment of state-owned refiner Bharat Petroleum Corporation Ltd (BPCL) to net the exchequer over Rs 80,000 crore, based on a valuation at a significant premium to current prices, according to sources....
Eight of the 10 most valued companies witnessed a combined erosion of ₹1,38,976.88 crore in their market valuation last week, with Reliance Industries and HDFC Bank taking the biggest hit. During the last week, the 30-share BSE benchmark...
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