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ICVL likely to submit $200 mn bid for Rio Tinto Mozambique

Last Updated: Tuesday, July 01, 2014, 20:24

The mines have estimated reserves of around 200 million tonnes of both coking and thermal coal.

Bank unions meet Jaitley, press for early wage revision

Last Updated: Friday, June 27, 2014, 18:51

The delegation informed that more than 10 rounds of discussions have taken place between bank management and UFBU so far on the issue but IBA is delaying the settlement.

Varma appointed director (onshore), ONGC

Last Updated: Monday, June 23, 2014, 19:39

The post of Director (Onshore) had been lying vacant since October 2012 when A K Hazarika super-annuated.

PSUs to have 25% minimum public shareholding: SEBI

Last Updated: Thursday, June 19, 2014, 18:31

To bring uniformity in rules, capital market regulator SEBI Thursday cleared a proposal for ensuring at least 25 percent public holding in all the listed state-owned companies within three years.

SEBI unveils reform measures; PSUs need 25% public shareholding

Last Updated: Thursday, June 19, 2014, 14:16

Approving a slew of reform measures, the SEBI board Thursday said that all listed PSUs should achieve a minimum public shareholding of 25 percent within three years.

FinMin asks DoD to complete groundwork for PSU stake sale

Last Updated: Sunday, June 15, 2014, 20:25

The Finance Ministry has asked the Department of Disinvestment to complete the groundwork for stake sales in state-owned companies soon after the budget to take advantage of the bull phase in the stock market.

PSU banks rating outlook likely to be stable: Report

Last Updated: Sunday, June 15, 2014, 12:15

The appointment of Narendra Modi-led BJP government has improved investors sentiments and the key benchmark indices surged to record levels.

18 PSU banks failed to meet target of setting ATMs

Last Updated: Sunday, June 15, 2014, 11:50

There are roughly about 1.4 lakh ATMs of public and private sector banks in the country.

SEBI's board to consider market reforms this week

Last Updated: Sunday, June 15, 2014, 10:25

SEBI also plans to replace the 'closing price' norm with 'volume weighted average price' in the pricing formula for preferential issues.

SEBI seeks parity for pension funds; wants PSU cash in MFs

Last Updated: Sunday, June 08, 2014, 19:55

To help channelise more funds for long-term investment purposes, capital market regulator SEBI has suggested to the government that it allow all PSUs to park their surplus cash in mutual funds, and has sought a uniform tax treatment for all pension funds.

SEBI proposal can help govt get Rs 50k-cr via PSU stake sale

Last Updated: Sunday, June 01, 2014, 12:23

SEBI Chairman U K Sinha said an increase in public float of listed PSUs would help deepen the markets and bring in parity with the private sector entities.

No decision on AI privatisation in haste: Pusapati

Last Updated: Thursday, May 29, 2014, 20:49

There will be no hasty decision on privatisation of Air India, Civil Aviation Minister Ashok Gajapathi Raju Pusapati indicated.