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Investments
Business  /  Published 14.01.21

Govt to divest 10% in SAIL

The Centre has decided to offload up to a 10 per cent share of public sector steel maker Steel Authority of India Ltd (SAIL) through the  offer-for-sale route, raising at least Rs 2,643 crore. T...
By Our Special Correspondent in Calcutta

Business  /  Published 14.01.21

Essar Group hydrogen fuel plan in UK

Essar Group in partnership with clean energy specialist Progressive Energy will invest £750 million to build the UK’s biggest low carbon hydrogen production hub at Stanlow refinery in Elle...
By PTI in New Delhi

Business  /  Published 11.01.21

Money goals

If you have financial dependants such as spouse, children or parents, you must own adequate life coverage. In the unfortunate event of your untimely demise, the coverage will replace your income and h...
By Adhil Shetty in

Business  /  Published 10.01.21

Chhattisgarh boosts business climate

Chhattisgarh has signed 104 agreements in the last two years to set up industries at a capital investment of more than Rs 42,000 crore. These industries will generate more than 64,000 new jobs in the...
By Our Bureau in Raipur

Business  /  Published 05.11.20

Gold purchases an option before RBI

Flush with the inflow of dollars, the Reserve Bank of India is exploring the possibility of buying gold and AAA rated corporate bonds as its traditional investment in government securities is witnessi...
By Our Special Correspondent in Mumbai

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Business  /  Published 28.10.20

MSCI index recast to boost FDI inflows

Morgan Stanley Capital Investment (MSCI) has announced that it will implement the new changes on foreign ownership limits in its global indices, which could pave the way for more inflows into some sto...
By Our Special Correspondent in Mumbai

Business  /  Published 09.10.20

Legal notice in Murugappa family battle

Valli Arunachalam, the daughter of former executive chairman M.V. Murugappan, has sent a legal notice to Ambadi Investments Ltd (AIL), Murugappa family members and others. This comes after the shareho...
By Our Special Correspondent in Mumbai

Business  /  Published 07.10.20

Mobile firms’ plans cleared

The government has cleared investment proposals of 10 mobile phone makers and six electronic component producers, including Foxconn, Wistron, Pegatron, Samsung and Rising Star, under its new productio...
By Our Special Correspondent in New Delhi

Business  /  Published 01.10.20

Reliance raises more money for retail arm

Reliance Industries Ltd (RIL) on Wednesday announced a cumulative investment of Rs 5,549 crore in its retail arm. While global private equity firm General Atlantic will bring in Rs 3,675 crore for a ...
By Our Special Correspondent in Mumbai

Business  /  Published 30.09.20

Kesoram Ind debt rejig

Birla Tyre may spin off its under-construction passenger car tyre business into a separate entity in its efforts to induct a strategic partner. The company, which was carved out of Kesoram last year,...
By Sambit Saha in Calcutta


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