NTPC may shell Rs 10,000 crore for Centre's stake in NEEPCO, THDC
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday cleared strategic disinvestment in the two hydroelectric power generating PSUs in favour of NTPC that is looking to expand its operations and boost the renewable portfolio.
Asset strip, two-phased share sale proposed to make BPCL attractive
The govt is planning to strip some assets from the parent entity while sp...
India to invite foreign firms to invest in state-owned oil companies
International energy firms will be invited to participate in India's pri...
Saudi Arabia kick-starts IPO of world's largest oil company
Aramco could sell 1-2% of its shares on the local bourse, raising as much $20-$40 billion.
World’s most profitable company pays surprisingly little
For executives, it’s a relatively modest life compared with some of their peers elsewhere.
Microsoft is teaching drones, robots and drills how to think like humans via software
Microsoft last year acquired a company called Bonsai that makes this kind of software, merged it with some work from its research arm — a group of Microsoft researchers wrote a paper on this idea back in 2017 — and is now expanding a software preview so more potential customers can test it.
Saudi Arabia will compromise on valuation to make Aramco IPO a success
Aramco is considering boosting next year’s dividend by $5b to $80b to win over investors.
Aramco meets investors in last-minute bid to hit $2 trillion IPO target - sources
Weak outlook for oil prices, against a gloomy global economic picture and increasing climate change activism.
Aramco meets investors in last-minute bid to hit $2 trillion IPO target
The Aramco officials and advisers are meeting institutional investors around the world, said the three people familiar with the matter.
Bank fraud: ED attaches over Rs 56 cr assets of Ahmedabad company
An Ahmedabad-based company's assets worth over Rs 56 crore have been attached in connection with a bank fraud and money laundering case, the Enforcement Directorate
DHFL shares hit nearly 11-year low
The Bombay High Court restrained the firm from making payments to unsecured creditors.
Payment was made to ‘shell company’: Karti Chidambaram led company’s executive claims
Neither CMSPL nor I had any experience in FIPB approvals: Chandravadhan
President Kovind suggests more social welfare spending by companies for orphans, disabled people
Under the Act, certain class of profitable companies are required to shell out at least two per cent of their three-year average annual net profit towards CSR activities in a particular financial year.
Karti Chidambaram owner of shell company accused of getting kickbacks: Firm directors
"Held namesake positions and only signed papers on Karti’s instructions," directors told ED
MCA amends rules to allow Companies to comply with KYC norms
The Ministry of Corporate Affairs (MCA) has amended what is called the Rule 25A, to allow companies to make a filing about their directors and become compliant. The decision came in as a relief for companies that were marked ACTIVE non-compliant.
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