A final decision will be taken by the board of the merged bank, based on the valuation and also meeting the regulatory guidelines, Union Bank Managing Director and Chief Executive Rajkiran Rai G has said.
Social media major Facebook is reportedly planning to buy 10 per cent stake in the country's biggest telecom company Reliance Jio.
The national carrier, which has a debt burden of more than Rs 50,000 crore, has been making loss for long and as part of revival efforts, the government has decided on disinvestment.
US-based fast-food brand owner Burger King Corporation, which holds about 12 per cent stake in Burger King India, is not exploring raising its holding in India operations, an official said on Thursday.
Addressing the sixth stakeholder forum on scientific advances in food safety and food security, the FSSAI Chairperson Rita Teotia elaborated on the scale of challenges faced by India, where 1.3 billion population is vulnerable to both under and over nutrition.
The Central government might bring in a proposal to lower GST rate on automobiles which is currently in the highest 28 per cent tax bracket. Alternatively, the cess over GST slab rate applicable on automobile may be lowered.
The Department of Investment and Public Asset Management (DIPAM) invited Expression of Interest (EoI) from bidders for SAIL's Alloys Steels Plant (ASP), Salem Steel Plant (SSP) and Visvesvaraya Iron and Steel Plant (VISP).
A single-judge bench of Justice Sanjeev Narula said that the GVK Airport Holdings' plea is without merit.
Pakistan a stakeholder in Kashmir problem; involve it too to resolve issue: Mehbooba Mufti
An internal mail accessed by IANS suggests that talking with external stakeholders especially the media might impact the bidding process for airline's stake sale.
According to a BSE filing, the lender received LIC's proposal to acquire the controlling stake, as a "promoter through preferential allotment of shares or open offer" on Monday.
However, questions are being raised on the surprising move by the two allies, more than a year after elections were held to the respective assemblies which appeared to be aimed at embarrassing the BJP.
The government had last month floated a preliminary information memorandum inviting bidders to buy 76 per cent stake in loss-making Air India along with transfer of management control.
At Friday's closing price of Rs 440.85 a share for GAIL on BSE, the stake is worth close to Rs 410 billion.
A plan to sell a 51 per cent stake in India’s national carrier Air India is before the Prime Minister’s Office for consideration, a media report has said
The National Green Tribunal has convened a meeting of all stakeholders involved in cleaning of River Ganga from Haridwar to Kanpur to deliberate on the mechanism to make the river pollution-free.
Auto-maker Nissan Motor Co. said Thursday it would spend 237.4 billion yen (approximately Rs 14,648 crore) to acquire a 34 per cent stake in Mitsubishi Motors Corp.
India is set to examine the possibility of selling up to 49 per cent of loss-making national carrier Air India, news agency NewsRise Financial reported today, citing an unnamed official.
Panaji: The drafting of a new mining policy, which is mandatory to resume iron ore extraction and exports from Goa, should be expedited so that the key industry gets back on its feet, according to
Dubai: Aiming to enter the fast growing higher education segment in the UAE, leading K-12 Education provider Varkey Group has announced the acquisition of a significant holding in Dubai's International Horizons College (IHC). The group
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