Government to play active role in making India a global semiconductor hub
Uploading Date : 21-02-2017The ministry of electronics and information technology (Meity) is revising its policy framework towards making India a global semiconductor hub, which will see the government taking a more active role, including initial investment, in a bid to attract private sector players. The existing policy has not worked as it offered little commercial viability for the private sector............
See full article
50 CPSEs headed for listing, government to also cut stake in listed firms to 75%
Uploading Date : 18-02-2017As many as 50 state-run companies could be listed on the stock exchanges soon with the government putting out rules and guidelines for biggest ever plan to invite public participation in its profit-making enterprises..............
See full article
Bharat Petroleum plans to raise Rs 2,000 crore
Uploading Date : 18-02-2017State-run oil marketing company Bharat Petroleum Corporation Ltd (BPCL) on Friday said that it plans to raise up to Rs 2,000 crore through private placement of secured non-convertible debentures during the current financial year..........
See full article
HDFC Bank surpasses Reliance, becomes second most valuable company
Uploading Date : 17-02-2017HDFC Bank, the private sector lender, replaced Reliance Industries (RIL) to become the second most valuable company in terms of market capitalization (m-cap) on BSE.................
See full article
Indian corporates commit nearly Rs 50,000 crore for Jharkhand
Uploading Date : 17-02-2017Corporates like JSPL, Adani group, Vedanta and A V Birla group have committed nearly Rs 50,000 crore worth of fresh investments in Jharkhand as the state’s maiden investment summit ‘Momentum Jharkhand’ got off to a glittering start on Thursday...........
See full article
100 days of note ban: Markets recover lost ground, foreign outflows stem
Uploading Date : 16-02-2017Its 100 days of demonetisation and the stock markets have largely escaped unscathed. The 30-share Sensex currently is around 28,200 compared to 27,590 just before the government’s decision to recall 500 and 1,000 demonetisation notes–86 per cent of currency in circulation.......
See full article
Government sees record foodgrain output at 271.98 mt for 2016-17
Uploading Date : 16-02-2017The government has forecast a robust 8% growth in farm output this year after bountiful monsoon rains, raising prospects of stronger rural demand for consumer goods, automobiles and gold, and strong economic growth. The strong growth comes after a drought ravaged the fields for two years and heightened rural distress, but the expected output betters the record production of 2013-14 by 2.6%..............
See full article
HDFC Bank, Indraprastha Gas, Gruh Finance hit record highs in weak market
Uploading Date : 15-02-2017HDFC Bank, Gruh Finance, Indraprastha Gas (IGL), SJVN, L&T Finance Holdings, AIA Engineering and Alkem Laboratories from the BSE500 index have hit their respective all-time highs on the BSE in intra-day trade in an otherwise weak market......
See full article