Tata Sons has agreed to acquire control of India's largest online grocer BigBasket; Reliance Industries recently acquired additional equity stake in the US-based technology company skyTran Inc

How Chairman N Chandrasekaran is revamping the $106 billion group into a future ready, tech enabled conglomerate

In spite of criticism and Opposition jibes, the Centre commits itself to selling most PSUs; sets ambitious disinvestment target for FY22

Resisting the temptation to hike taxes, the finance minister banked on disinvestment and asset monetisation to increase government's revenue.

Finance Minister Nirmala Sitharaman proposed in the Budget to create a National Monetisation Pipeline, comprising of potential brownfield infrastructure assets

Budget 2021: Considering the unprecedented situation, the government is now thinking what all can be done during the post-Covid period to make up for the losses

 In terms of YTD, Nifty Pharma topped the rank among other sectors, growing 60%, followed by an almost 55% rise in the Nifty IT index. Nifty metal grew by 16%, while Nifty FMCG was up 15% since the start of the year 2020

In stage II, shortlisted bidders will be given a request for proposal (RFP), post which a transparent bidding process will take place

When the pandemic started spreading across the country, all scheduled international flights and domestic passenger flights were suspended from March 23 and March 25, respectively. Scheduled domestic flights were restarted in a limited manner from May 25

The government is selling its entire 100 per cent stake in Air India that has been in losses ever since its 2007 merger with domestic operator Indian Airlines

Tata Group, the salt-to-software conglomerate, has filed the EoI through AirAsia India, where Tata Sons holds a substantial majority stake

While the government has not extended the deadline for EoIs (Expressions of Interest) for the national carrier, the interested entities are required to submit the physical bids within 15 days from December 14

Tata group, Reliance Industries, Adani Group, JSW and Vedanta are among others in race for lucrative assets, including start-ups

The pandemic had put the brakes on the government's ambitious disinvestment plans for the fiscal. However, things have started picking up as businesses go back to normal and markets regain their appetite for buying assets. DIPAM Secretary Tuhin Kanta Pandey lays down the road ahead for the department

Singh was the first woman pilot to be selected by the airline in 1988 but she could not fly due to health reasons. However, she is known for her contribution in the area of flight safety

The government on Thursday announced that it has decided to extend the deadline for inviting bids for Air India till December 14

The government is likely to further extend the deadline for putting in a preliminary expression of interest for the loss-making national carrier to December 15

India Stock Market Highlights Today: Titan, ONGC, Bajaj Auto, Maruti, Reliance Industries, HUL and UltraTech Cement were among the top gainers. On the other hand, Bajaj Finance, followed by Bajaj Finserv, IndusInd Bank, ICICI Bank, Kotak Bank and Axis Bank were among the top losers today

Earlier in January this year, the government had announced that potential buyer will need to absorb Rs 23,286.50 crore debt of Air India

 Intel Capital, an investment arm of Intel Corporation, will invest Rs 1,894.50 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. Intel Capital's investment will translate into a 0.39% equity stake in Jio Platforms on a fully diluted basis; Indian government on Thursday approved the purchase of 33 Russian fighter jets and upgrades to another 59 planes, acting to beef up its air force at a time when the military is locked in a border stand-off with China; Zydus Cadila Healthcare has received approval from the Drug Controller General of India (DCGI) for human trials of its coronavirus vaccine candidate. This is the second vaccine candidate to be approved for human trials in India after Hyderabad-based Bharat Biotech's COVAXIN. Watch this and more news on News Blast.Bank credit grows 6.18%, deposits 11% in fortnight ended June 19