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Share buybacks by India Inc hit record high in 2016

General

09 January, 2017

Share buybacks by India Inc hit record high in 2016

With the Sensex returning a meagre 2% during calendar year 2016 and the government introducing additional levy on dividend income, ......

Sensex, Nifty scale 11-month high on global cues

General

11 July, 2016

Sensex, Nifty scale 11-month high on global cues

Indian stock markets on Monday scaled their highest level in the past 11 months, with the benchmark Sensex hitting a ......

India to auction three coal blocks; first since Coalgate

Infrastructure

26 February, 2014

India to auction three coal blocks; first since Coalgate

India has invited bids for three coal blocks containing reserves of about 499.4 million tonnes, the Coal Ministry said, in ......

Power Grid $1.2B share sale likely on Dec 3

Infrastructure

19 November, 2013

Power Grid $1.2B share sale likely on Dec 3

 State-run Power Grid Corp of India's sale of shares, valued at about $1.2 billion, is likely to open on December ......

Government targets $2.3B asset sales by year-end

General

11 November, 2013

Government targets $2.3B asset sales by year-end

India has revived plans to sell stakes in two state-owned companies to raise about $2.3 billion to boost public finances, ......

Govt picks seven banks to manage 5% stake sale of Coal India for over $1.2B

Manufacturing

29 August, 2013

Govt picks seven banks to manage 5% stake sale of Coal India for over $1.2B

The government has picked seven banks to manage its offer for sale issue of Coal India Ltd, as part of ......

Children's Investment Fund sells a fifth of its holding in Coal India

Manufacturing

25 June, 2013

Children's Investment Fund sells a fifth of its holding in Coal India

The Children's Investment Fund Management (TCI), a UK-based investor that has a lawsuit pending against Coal India Ltd, the world's ......

India allows power firms to pass on imported coal costs

General

21 June, 2013

India allows power firms to pass on imported coal costs

India has decided to allow power companies to pass on the costs of foreign coal to customers, a minister said ......

Aditya Birla Group, Coal India among suitors for $3.2B Rio Tinto's coal assets

Manufacturing

11 June, 2013

Aditya Birla Group, Coal India among suitors for $3.2B Rio Tinto's coal assets

Aditya Birla Group, Coal India Ltd and China's state-owned Shenhua Group Corp Ltd are among companies considering bids for some ......

India moves to regulate coal industry

Others

30 May, 2013

India moves to regulate coal industry

India took a step towards setting up a regulator for its coal industry on Wednesday, a move it hopes will ......