arun jaitley


Demo succeeded in unearthing black money, preventing corruption: FM

Mar 22 2018

Finance Minister Arun Jaitley has said that demonetisation of high value currency notes in November 2016 "succeeded" in unearthing black money and preventing corruption.

Merger of 3 PSU insurers to improve their solvency: FinMin

Mar 22 2018

Proposed merger of three PSU insurers will help in effective use of infrastructure and improve solvency margins, Finance Ministry said in Rajya Sabha.

Tripura CM meets Rajnath, discusses law & order issues

Mar 20 2018

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.

Rahul begins 3rd Karnataka visit; assails Modi, BJP

Mar 20 2018

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, BPCL may buy 26 percent stake each in GAIL India

Mar 18 2018

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 to meet PM to seek special financial package

Mar 17 2018

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.

Budget passed without discussion in LS as protests continue

Mar 14 2018

The govt got the Budget for fiscal year beginning Apr 1 passed in Lok Sabha without discussion by applying the guillotine process.

Nirav Modi got 1,213 fraudulent guarantees in six yrs: FM

Mar 13 2018

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.

'EoI for Air India stake sale in next couple of weeks'

Mar 12 2018

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 files nomination for Rajya Sabha polls

Mar 12 2018

Arun Jaitley filed his nomination papers for the Rajya Sabha election from Uttar Pradesh.

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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

Mint Reports


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

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