Tata Steel raises Rs 4,000 cr via non-core asset sale
Tata Steel has raised more than Rs 4,100 crore through the sale of non-core assets so far this fiscal as part of efforts to strengthen its balance sheet and generate cash. The Mumbai-based firm said last week it sold 1.33 percent stake in group company Tata Motors to institutional investors for... read more »
L&T Finance Holdings to get Rs 708 cr from Bain Capital
L&T Finance Holdings , the subsidiary of engineering & construction major Larsen & Toubro, will get Rs 708 crore from Bain Capital by issuing preferential shares and warrants. “The board of directors in today’s meeting has approved a preferential allotment of equity... read more »
Why ONGC, Oil India Are Likely to Come Under Pressure
Shares of ONGC and Oil India are likely to come under pressure from October 1 as natural gas prices in India may fall below $4.2 per mmBtu (million British thermal unit) from $5.18 per mmBtu now according to reports. As per the mechanism approved in October 2014, price of domestically produced... read more »
Hiring activity up 13% in August, says Naukri survey
In what can be seen as a reason for optimism among job seekers, hiring activity has increased 13 per cent in August 2015 against the same month last year, a survey said. According to the Naukri Job Speak Index for August this year, banking and financial services recorded the maximum increase (26... read more »
PM Modi interacts with schoolchildren in Tashkent
Prime Minister Narendra Modi on Tuesday interacted with schoolchildren in Tashkent after he paid tribute to former prime minister Lal Bahadur Shastri here. Earlier, the Prime Minister laid... read more »
“Scared” by number of deaths in Vyapam scam
Union Minister Uma Bharti on Monday said she is “scared” by the number of deaths associated with the Vyapam scam in Madhya Pradesh and said there is “panic” in the... read more »
Uttarakhand CM Harish Rawat assures safety to Char Dham yatris
Uttarakhand Chief Minister Harish Rawat on Monday said that each person taking up the Char Dham yatra is the responsibility of the state government. “Each person that comes here is... read more »
With stakes so high, politicians won’t give up easy in Vyapam scam
Cracking the mystery behind the serial deaths of people involved in the Vyapam scam in Madhya Pradesh is perhaps the most complex whodunit in Indian history. That, more than 40 people,... read more »
Rajinikanth rejects Drishyam remake
Superstar Rajinikanth rejected an offer to star in the Tamil remake of Malayalam blockbuster Drishyam because he feared that two particular scenes in the film would not have gone down too well with... read more »
