Top Stories

India cabinet gives in-principle nod to strategic sale of state-run firms


The Union Cabinet on Thursday gave in-principle approval to Niti Aayog's proposal for strategic sale in over a dozen public sector undertakings (PSUs) including those that are making profits.

 Exclusive: Rabo raises second India-focused private equity fund

Debjyoti Roy

Rabo Equity Advisors Pvt Ltd, a private equity firm focused on Indian food and agriculture sector, has raised its second fund, nearly three years after hitting the road to tap on to global investors, a person privy to the development told VCCircle.

In Charts: Which sectors outperformed in the Indian stock market since last Diwali

Keshav Sunkara

The old economy clearly ruled the bourses over the last one year with metals, oil & gas and energy sectoral indices gaining the most since last Diwali, the Indian festival of lights that is considered auspicious for traders.

India Inc’s bonus share shower hits six-year high


Indian publicly listed firms are out to create more liquidity to pump up trading for their stock and monetise some cash on the books as bonus share issues have hit a six-year high in 2016 with two more months to go.