If Agarwal's Vedanta buys BPCL, it will pit him directly against Reliance Industries Chairman Mukesh Ambani in the oil sector

Global studies show ownership does not make enterprises efficient, factors like competition, autonomy, regulation and institutional development do. Evidence also shows that private sector thrives on public hand-outs in normal times and public bail-outs in crises

Anil Agarwal replaces his brother Navin, who will now be the Executive Vice Chairman of the Board

The mining mogul believes that it may take \"20 years\" for an effective disinvestment to take place going by the Centre's ongoing plans to sell PSU assets company by company

Addressing the gathering after hoisting the national flag at Police Parade Ground, Baghel also announced creation of a new district, Gaurela-Pendra-Marwahi, taking the number of districts in the state to 28

One of the better-known economic legacies of former prime minister Atal Bihari Vajpayee was his push for privatization of the central public sector enterprises (CPSE).

India is yet to see a major privatization drive, at least in the last ten years! Currently Central Public Sector Enterprises.

Anil Agarwal has seen his fortunes change with an upswing in commodity prices.

With the government finally biting the bullet, potential buyers are weighing up the Air India opportunity.

To counter \"dumping\" of cheap aluminium products, Mines Minister Piyush Goyal said he is in favour of imposing a Minimum Import Price (MIP) on the metal to \"protect\" the domestic industry.

The stock gained after the CCI gave a clean chit to JSPL on allegations of cartelisation in the bidding for allocation of three coal blocks.

The job cuts are taking place at the Vedanta Resources's Indian arms Vedanta Aluminium, Balco, Cairn India and Sesa Goa, dealing in iron ore business in Goa.

The sheer size of the Chinese economy, which has shot well past the $10 trillion mark, dwarfs the Indian economy which is still hovering around the $2 trillion level.

Balco, owned by Vedanta Group, has announced that it will close the aluminium rolling mill in Chhattisgarh by December due to a slump in metal prices and high energy costs.

Shares of Maruti Suzuki gained over 2 per cent before closing at Rs 4330.95 apiece, higher by 0.25 per cent, after RBI allowed foreign investors to invest up to 40 per cent of the paid up capital in the company.