New Delhi (IANS) The government proposes to start afresh the process to firm up the list of companies for strategic sale and disinvestment as changed market dynamics post the Covid-19 outbreak and the need for distinguishing between strategic and non-strategic sectors … read more
New Delhi (IANS) SP Group has formally sought separation from Tata in the Supreme Court and argued that Tata Sons is effectively a two-group company. The Tata Group comprises Tata Trusts, Tata family members and Tata companies holding [ 81.6%] of … read more
Chennai (IANS) The Tata Group has decided to set up an electronics component manufacturing unit in Tamil Nadu, at an outlay of about Rs 5,000 cr, a state government official said. The official, who did not want to be identified, told … read more
New Delhi (IANS) Lender Yes Bank, which has shown a dramatic improvement in financial performance — even after paying back the Central Bank’s emergency funding — plans to accelerate its turnaround via boosting retail customer base by offering tech-enabled services. In … read more
New Delhi (IANS) India’s healthy debt to GDP ratio has created scope for raising investment funding for ‘National Infrastructure Pipeline’ through borrowings from overseas markets. According to Sanjay Aggarwal, President, PHD Chamber of Commerce and Industry, although, early signs of recovery … read more
New Delhi (IANS) The Central government on Friday said that it borrowed and transferred Rs 6,000 crore as first tranche to 16 states on account of GST compensation under the special borrowing window. The Centre has evolved a special borrowing window … read more
New Delhi (IANS) Seeing a tremendous growth in the cargo segment, airline major IndiGo might add freighter aircraft in its fleet. Industry insiders told IANS that the airline is evaluating a proposal to add freighter aircraft, which will help the company … read more
New Delhi (IANS) The world’s largest tractor manufacturer by volumes foresees a sustained growth in tractor off-take on the back of festive season along with recently introduced farm bill. Accordingly, auto major M&M’s Farm Equipment Sector President Hemant Sikka predicts the … read more
Bengaluru (IANS) Global med-tech company Siemens Healthineers on Tuesday said it plans to invest Rs 1,300 crore over the next five years in an innovation hub in Bengaluru. The investment aims to make India a manufacturing centre for the company’s emerging … read more
New Delhi (IANS) The total capital expenditure required for 5G rollout is estimated to be Rs 187 billion (Rs 18,700 crore) for Delhi and Mumbai, as per a telecom report by Motilal Oswal Financial Services. The report based on the TRAI’s … read more