For this, a detailed Request for Qualification (RFQ) tender will soon be issued to private players who are ready to manage and successfully run the system.

The government, in September, had approved diluting its shareholding in Coal India (CIL), ONGC and NHPC.

The investigation agency on Thursday filed its closure report in the court of Special Judge Bharat Parashar, who will hear the matter on September 1.

Following the announcement, shares of USL fell 1.91 per cent on Thursday to Rs 2,408.75 a piece during afternoon trade on the Bombay Stock Exchange (BSE), while the scrip of Zee Entertainment rose 1.65 per cent to Rs 292 per scrip on the exchange.

Business Today spoke to Harsh Pati Singhania, Vice Chairman and MD, JK Paper, on steps he expects Finance Minister Arun Jaitley to take in the Budget.

The government in its new Budget is expected to retain the disinvestment target at roughly the same level of Rs 36,925 crore proposed in the interim Budget for 2014-15.

Billionaire industrialist Anil Agarwal says India must encourage mining and manufacturing to boost economic growth and hopes that the new government that will take charge after the General Election due in May will provide strong and decisive leadership.

Book value represents that part of the accounting value of a business that will be left after debts are paid off. Several good stocks are trading below their book value. Some can give decent returns in 2014.

A recovery in the rupee is giving Finance Minister P. Chidambaram rare relief in his battle against a threatened credit rating downgrade to junk status by reducing pressure on the government's subsidy bill.

Mining has faced multiple problems in recent years. There have been problems in acquiring land for new mines and delays in government approvals. Increased judicial scrutiny following corruption scandals in the allotment of mining blocks and environmental degradation caused by illegal mining have made matters worse.

Tribals in Orissa's Niyamgiri hills reject Vedanta's bauxite mining project in a landmark referendum.

Presenting ten timepieces that marry style with utility, promising to become your best friend in the great outsides - whether you are sailing, trekking or winging it through the wide blue sky.

The Supreme Court decision, striking down the Bombay Police (Amendment) Act of 2005, has cleared the path for the return of dancing girls to the bars in and around Mumbai. A closer look at the 'bar dancer' phenomenon.

The list of companies that can be called Indian multinationals is long and growing. What all should one consider while investing in these corporate giants? Money Today finds out.

The government on Thursday fixed Rs 40 a share as the floor price for up to 10 per cent stake sale in aluminium major, which would fetch a minimum of Rs 1,031 crore. Nalco shares closed at Rs 44.25 on the BSE today.

Nalco disinvestment, which could fetch Rs 1,400 crore to exchequer, is likely to hit the market during the first week of March, after the budget, to ensure it is not impacted by volatility in stock markets.

The Government of India is likely to come out with 10 per cent stake sale offer of Oil India in the second fortnight of this month, followed by power major NTPC's issue in the first 14 days of February, a Finance Ministry official said on Monday.

The BSE benchmark Sensex failed to hold on to mid-week gains and ended the week lower by 75 points at 19,242.00 due to tail-end selling from operators triggered by worries over the US budget issue.

The Bombay Stock Exchange has restricted the price movement for six companies including Oil India and Engineers India to a maximum of 20 per cent a day as part of its surveillance measures.

Rising for the fourth straight day, the BSE benchmark Sensex on Friday gained around 169 points as the tepid second quarter GDP growth number fuelled hopes of RBI cutting interest rates sooner than expected.