The government is reportedly revisiting plans for strategic stake sale in the public sector undertaking and may soon issue an expression of interest (EoI) for 26% stake sale in BEML from the current 54.03% keeping the management control

Share Market Update: All the sectoral indices closed on the red, with major declines seen in PSU Bank, which was down by almost 5.20 % and PVT bank down at 2%, followed by other major indices like Pharma, Realty, Media and Metal, each declining over 1%. 

Flipkart acquires Israel-based start-up Upstream CommerceFlipkart has acquired an Israel-based analytics start-up called Upstream Commerce, as it aims to support its massive seller base with services such as real-time pricing and information on product assortment, as reported by Mint. This is Flipkart's second acquisition in as many months and will enable Flipkart to have an outpost in Israel.Yes Bank board seeks extension for Rana KapoorYes Bank on Tuesday said it would ask the R...

The Deputy Chief of Air Staff Air Marshal also says Rafale is the best fighter jet available in the market today and will help in establishing the supremacy of the IAF over the skies of the subcontinent.

The rise of family offices is redefining how rich and famous Indian business leaders manage personal wealth and other family matters.

Due to the increase in the international prices of petrol and diesel, during the last few weeks, the retail selling prices in Delhi had risen to Rs. 70.83 per litre for petrol and Rs. 59.07 a litre for diesel as on 2nd October. These will now come down by Rs 2.

Rising exposure under the Mudra scheme can leave banks more vulnerable than before.

The development of storage technology will help India combat pollution.

The RBI and the government are forcing big borrowers to reduce leverage. Some companies are managing it better than others.

The turnover growth of BT500 companies slowed considerably to 9.7 per cent in 2013/14 as compared to 12.48 per cent in 2012/13 (and 23.16 per cent in 2011/12).

Selling in realty, consumer durables, IT, oil & gas, auto, teck, FMCG and capital goods, dragged down the Sensex into negative zone despite positive inflation data.

Leading telecom majors Bharti Airtel and Vodafone India have increased call rates by scaling down discount offers, setting the stage for the next round of tariff hikes in the industry.

For some of the region's key investors, the 40-year-old demand for a separate Telangana is now a cause for concern mainly on account of the uncertainty on the way forward on this issue.

The state domestic product, or SDP, has expanded at a modest 5.5 per cent over the last ten years, making it an underperformer compared to other big states such as Andhra Pradesh, Gujarat and Tamil Nadu. But with elections around the corner, hope reignites in West Bengal, an economy most had written off.

The future holds biometric ATMs and instant transfers. We track banking from its origins to the not-too-distant future.

Subsidies on LPG and kerosene are not only desirable but can also be made viable, argues Kirit Parikh.

Despite the apex bank’s efforts, liquidity remains a concern. Cash will be king for some time to come.