NEW DELHI: The Union Cabinet on Wednesday approved the sale of the government’s residual 29.58 per cent stake in Hindustan Zinc, which at current prices would fetch over Rs 38,000 crore to the exchequer,…
Category: Business
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NEW DELHI: State discoms ( power distribution companies) will save Rs 19,833 crore on late fee in the next 12 to 48 months from an surcharge-free instalment scheme being rolled out by the power…
BENGALURU: Swedish furniture retailer Ikea would open its flagship store here in June. CEO of Ingka Group, of which Ikea is a part, Jesper Brodin on Wednesday met Karnataka chief minister Basavaraj Bommai at…
NEW DELHI: The government is not planning any additional borrowing and will stick to the borrowing target fixed for the current fiscal year despite sacrificing revenue on account of reduction in duties on petroleum…
DAVOS: Bright colours and bold logos proudly signal where India has set up base on the main street in Davos this year, as the country trumpets its pro-business and foreign investment drive. Inside a…
NEW DELHI: India will continue to buy “cheap oil” from Russia but has not finalised terms of the discount, a senior government official familiar with the matter said on Wednesday. “We will get cheap…
NEW DELHI: India could start sugar’s new marketing year on October 1 with carry forward stocks of 6.2 million tonnes even after exporting a record 10 million tonnes, the top official at the food…
DAVOS: India has no immediate plans to lift a ban on wheat exports, but will continue with deals which are done directly with other governments, commerce minister Piyush Goyal told Reuters. The world’s second…
NEW DELHI: IndiGo’s loss for the January-March 2022, quarter ballooned to Rs 1,681.8 crore, up 47% from a loss of Rs 1,147.2 crore, due to a mix of factors like the Omicron wave, costlier…
NEW DELHI: Twitter Inc will face skeptical shareholders on Wednesday during its annual meeting, as doubt remains over whether the social media company will complete its deal to be acquired by billionaire Elon Musk…