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The 15 charges against Yeddyurappa

Karnataka Chief Minister B S Yeddyurappa's fate hinges on the decision of a special court in Bengaluru, which will hear a case pertaining to charges that the chief minister is involved in a land......

Revealed: Kumaraswamy's role in illegal mining

They (former Karnataka chief minister H D Kumaraswamy, controversial Mumbai encounter specialist Daya Nayak and two others) have been putting pressure and the honourable chief minister also spoke......

Govt gets Rs 4,353 cr as dividend from 7 PSUs

The government on Tuesday said it has received Rs 4,353 crore as dividend tranches from seven public sector enterprises, including Coal India and PFC. Illustration: Uttam Ghosh/Rediff.com......

Divestment: India's new financial mantra?

Presenting the Union Budget in Parliament on July 6, Finance Minister Pranab Mukherjee proposed estimated divestment proceeds of Rs 1,120 crore for 2009-10, while only a few days before that the......

SAIL to file RHP for FPO in May

State-run Steel Authority of India on Tuesday said it will file the red herring prospectus (RHP)in May for its forthcoming follow-on public offer (FPO), which is expected to hit the market in the......

Govt ups disinvestment target to Rs 40,000 cr

The government has upped the revenue target from sale of government equity in PSUs to Rs. 40,000 crore (Rs. 400 billion) in 2011-12 from Rs. 22,144 crore (Rs. 221.44 billion) raised during the......

Market: PSUs' success boosts investor confidence

With increasing volatility at the Dalal Street, investors are now shifting their money from the secondary market to the primary market to get assured returns, say analysts."The recent IPOs have got......

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