Business Today

Saudi Aramco seeks $1.7 trillion valuation, plans to raise $25.60 billion via IPO

Armaco said it plans to sell 1.5% or about 3 billion shares, at an indicative price range of 30 riyals ($8.00) to 32 riyals, valuing the initial public offer (IPO), at 96 billion riyals ($25.60 billion) at the top end of the range.


Bill Gates says India has potential for 'very rapid' economic growth over the next decade

Taking a long-term view of the Indian economy, Gates said the country has the potential for "very rapid" economic growth over the next decade which will lift people out of poverty and allow the government to invest in health and education priorities in an 'exciting way'

New Industrial Policy: Govt's initial draft targets $1 trillion value addition in manufacturing by 2025

New Industrial Policy: The policy envisages setting up business enterprises which are globally competitive and can create gainful employment and sustainable livelihoods

Air India-Bharat Petroleum disinvestment: Govt to sell the two state-run companies by March 2020

Air India-Bharat Petroleum disinvestment: Finance minister Nirmala Sitharaman said that the strategic disinvestment of Air India and Bharat Petroleum is critical for the government to meet its disinvestment target of Rs 1 lakh crore for the current fiscal year

FPIs pump in Rs 19,203 crore in Indian markets in November so far amid positive domestic and global cues

Overseas investors infused a net amount of Rs 14,435.6 crore into equities and ?4,767.18 crore into the debt segment during November 1-15, taking the total net investment to Rs 19,202.7 crore

 
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From The Magazine

Crunch Time

Corporate India strengthened its resolve and tightened its belt, but slowdown hit market capitalisation of BT 500 companies for the first time in seven years.