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Mahesh Nayak
New Delhi, February 7, 2017
The stock of ITC hit a 52 week high at 291.95 in early trades on Tuesday 7th February 2017. Its heard that government through its holding company specified undertaking of the unit trust of india (SUUTI) has sold 2 per cent stake in the cigarette company for Rs 6,500 to 6,700 crore.
Team BT
Delhi, Edition:February 26, 2017
The first Budget since demonetisation has been a careful exercise by Finance Minister Arun Jaitley. It caters to the core constituency - farmers and lower income people - while not introducing anything that hurt industry.
Reuters
February 6, 2017
In last week's budget, Finance Minister Arun Jaitley set a Rs 72500 crore ($10.76 billion) target for divestment in the 12 months from April 1, up from a revised Rs 45500 crore  goal in the current fiscal year.
Sumant Banerji
New Delhi, February 1, 2017
The government on Wednesday set an ambitious target of garnering Rs 72,500 crore through the disinvestment route in 2017-18, a 60 per cent increase over the 2016-17 target of Rs 56,500 crore. This is the highest ever divestment target set by any government in India outdoing the Rs 69,500 crore of 2015-16.


BT Online
New Delhi, February 1, 2017
After paying tribute to the parliamentarian and former Union minister E Ahamed, finance minister Arun Jaitley tables the Union Budget 2017 as scheduled. Catch all the live updates here.
BT Online
January 9, 2017
The shareholding would be sold to the strategic buyers to be identified by the government, the firm said.  The announcement was made after market hours on Friday. The stock closed at Rs 993.35 on that day.
PTI
New Delhi, December 14, 2016
Managing Director at LIC, V K Sharma was already acting as chairman since September 16 when the then chairman S K Roy was relieved of his duties.
PTI
New Delhi, September 16, 2016
"All procedures will be followed. The government has already taken decision at the level of the Cabinet to fully support the proposal for the merger," Jaitley said post the meeting with public sector banks for the first quarter performance review. 
BT Online
August 30, 2016
The financial implication of the move will translate into a Rs 1,920 crore per annum expenditure for the government.  "The bonus entitlement for 2014-15 and 2015-16 will be released on the revised norms for central government employees. This was pending for two years. After this, the bonus will be covered under the 7th Pay Commission," Jaitley said.
By Joe C. Mathew, Dipak Mondal, Sumant Banerji, Venkatesha Babu, Manu Kaushik
Delhi, Edition:September 11, 2016

Last year, the government provided budgetary and extra budgetary support of Rs 92,000 crore to its companies and only got back Rs 56,000 crore as dividends. Here's why it shouldn't keep throwing more money into this bottomless pit.

BT Online
August 16, 2016
At 11:07 am, the stock was trading 1.25 per cent lower at Rs 1050 on the BSE. It opened at 1,042 level and hit a low of 1,027 level, later recovering some ground.
BT Online
August 15, 2016
In 2013, Infosys and IBM won a contract to develop applications from the Royal Bank of Scotland to develop applications for W&G, a bank planned to be set up in the UK.
PTI
New Delhi, August 10, 2016
The deal is subject to all requisite regulatory and other approvals and sanction by the High Court/ National Company Law Tribunal (NCLT).
PTI
New Delhi, August 8, 2016
One hundred and twelve projects of NHAI are delayed beyond the scheduled date of completion. These include projects currently under implementation also, Minister of State for Road Transport and Highways Mansukh Lal Mandaviya told the Rajya Sabha in a written reply.
PTI
New Delhi, July 13, 2016
Indian Hotels Company (IHC), a Tata Group firm, has completed sale of its Taj Boston hotel for $125 million (about Rs 839 crore).
PTI
New Delhi, July 11, 2016
Lafarge India operates three cement plants and two grinding stations with capacity of about 11 million tonnes a year.
Team BT
Delhi, Edition:July 31, 2016
Heaping praise on the work done by Prime Minister Narendra Modi for India's development, World Bank Group President Jim Yong Kim said he is a big fan of the Indian Prime Minister.
PTI
Mumbai, July 4, 2016
Several firms, including L&T Infotech, Hinduja Leyland Finance, CL Educate and Varun Beverages, have lined up plans to raise funds through IPO in coming months.
PTI
New Delhi, June 28, 2016
Despite the challenges that SBI faced last fiscal, the bank, however, is well capitalised to "absorb future shocks" and maintain future growth trajectory, according to the state-run lender's Annual Report for 2015-16.
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