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Popular Articles

Succession race hots up in AP
Supporters of Y S Jaganmohan Reddy today sought to step up the campaign for making him the Chief Minister of Andhra Pradesh even as the interim incumbent K Rosaiah ruled out the possibility of any division in the party.

Steel price rise: Cost pressures
Shares of steel companies have risen significantly in the recent past in anticipation of recovery in demand and prices.

News of the day

Gold imports may fall to 10-15 tonnes in May
Low demand due to high prices will make a dent in India"s gold imports this month which will be down to 10-15 tonnes, experts have said.
Corporate

Road map for PSU disinvestment in 3-4 weeks: Finance Sec

The Finance Ministry today said a road map for disinvestment in public sector units will be brought out in three-four weeks, but there would be no strategic sale. - Firms in non-GST states to pay higher taxes - IJMA seeks reversal of 25% dilution proposal - FM says no to monetising deficit, promises reforms - FM expresses concern over volatile FII flows - Mukherjee seeks coop of all parties to implement GST in time - Details on disinvestment soon: FM The government will retain 51 per cent stake in all public sector units, Finance Secretary Ashok Chawla said. Finance Minister Pranab Mukherjee had yesterday, in his reply to the debate on the Union Budget, said: "My ministry has initiated discussions with other ministries and departments for identifying the PSUs" for disinvestment. The government has proposed to mop up Rs 1,100 crore this fiscal from divestment of stake in PSUs.


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