Finance Minister Arun Jaitley has said that demonetisation of high value currency notes in November 2016 "succeeded" in unearthing black money and preventing corruption.
Proposed merger of three PSU insurers will help in effective use of infrastructure and improve solvency margins, Finance Ministry said in Rajya Sabha.
Biplab Kumar Deb and his deputy Jishnu Deb Burman called on Rajnath Singh and discussed with him various issues, including the security situation in the state.
Narendra Modi is "insulting" the common man by claiming credit for India's progress, Rahul Gandhi, as he embarked on this third visit of poll-bound Karnataka.
IOC and BPCL may buy 26 per cent stake each in gas utility GAIL India Ltd, paying the government over Rs 20,000 crore each to become integrated energy firms.
Tripura CM Biplab Kumar Deb will meet Prime Minister Narendra Modi soon to seek a special package to tide over the financial crisis in the state, a minister said.
The govt got the Budget for fiscal year beginning Apr 1 passed in Lok Sabha without discussion by applying the guillotine process.
Jaitley said Nirav Modi obtained his first fraudulent guarantee from PNB's Brady House branch on March 10, 2011 and managed to get 1,212 more such guarantees in six yrs.
The EoI document for Air India disinvestment is expected to be ready in next couple of wks after resolving "certain complications", civil aviation secretary Choubey said.
Arun Jaitley filed his nomination papers for the Rajya Sabha election from Uttar Pradesh.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months