Business

Total 113 Posts

Govt committed to selling non-strategic PSUs: PM

NEW DELHI, Feb 24: Prime Minister Narendra Modi today made his strongest pitch for privatisation of non-strategic PSUs, saying the government has no business to be in business and sustaining loss-making units on taxpayers’ money drains resources that could otherwise have been spent on public welfare schemes. He said about

Pvt parties show lukewarm response despite govt grant

Notwithstanding the grant of Rs 100 crore to Brahmaputra Valley Fertilizers Corporation (BVFC), the response of the private parties for equity participation in the project is lukewarm.

Sensex up 400 points; oil & gas, metal stocks rise

Mumbai, Feb 23: The key Indian equity indices opened on a positive note on Tuesday with the BSE Sensex gaining 400 points to trade well above the 50,000-mark. Around 10.25 p.m., Sensex was trading at 50,146.82, higher by 402.50 points or 0.81 per

Sensex tanks 650 points, auto, IT stocks fall

Mumbai, Feb 22: Continuing with its recent downturn, the BSE Sensex plunged over 650 points on Monday. Heavy selling was witnessed in auto, IT, FMCG and banking stocks. However, metal stocks soared amid rising prices of metals. Around 11.50 a.m., Sensex was trading at 50,234.90, higher

Govt may consider Oriental Insurance or United India for privatisation

NEW DELHI, Feb 21: The government may consider privatising Oriental Insurance or the United India Insurance Co as their financial health has improved after a series of capital infusions, people aware of the development said. To further strengthen their financial health, the government is expected to infuse Rs 3,000

HCL introduces TechBee program in State

Devajit Chayengia GUWAHATI, Feb 20: India’s third largest IT company, HCL Technologies, today announced the launch of its early career program TechBee for Assam and the North-east at an event here. TechBee, which is a work-integrated higher education program under HCL’s new people strategy for 10+2 students,

Škoda dealership launched in Guwahati

Business Reporter GUWAHATI, Feb 20: With an eye on strengthening its position in Assam and later in the rest of the North-east, Czech automobile brand Škoda Auto India on Friday launched its first 3S (Sales, Service and Spares) dealership facility – SSB Automobiles – at VIP Road here. The new state-of-the-art dealership