Markets end lower after Shanghai Composite cracks over 6%

Benchmark share indices erased early gains to end lower, amid a volatile trading session, as investors booked profits after a sharp sell-off in Chinese shares. Further, forecast of a weak monsoon......

Govt stake sale in 6 PSUs a step closer

The government's disinvestment plan for the current financial year is set to gather pace with the decision to bring the initial public offer of Rashtriya Ispat Nigam Limited in the second half of......

With Left out of the way, divestment is back!

Divestment of public sector companies gathered steam in the first year of UPA-II that saw two PSUs-- Oil India and NHPC-- raising around Rs 8,600 crore (Rs 86 billion) from IPOs and the way was......

Talks to sell stake in 60 CPSUs continue

The disinvestment department on Friday said it is in talks with administrative ministries of 60 CPSUs, including SAIL, BSNL, Coal India, for selling government stake. In his first interactions with......