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Odisha govt had announced plans in January to sell 49% stake. But the sale process had generated poor response since potential applicants were interested in acquiring a majority stake, says a person familiar with the matter

The companies were earlier considering seeking an extension from the Department of Telecommunications (DoT) on the deadline to meet roll out obligations. But with the equipment makers assuring of supply of gear, the telcos have decided to set up the radios in all telecom circles to meet the basic roll out conditions.

With 100 million people expected to enter the legal age for alcohol consumption in the next 5 years, most global firms including Diageo & Pernod Ricard count India among their top 3 markets.

The lenders see value in selling the assets while ITNL wants a resolution by transferring the asset to its infrastructure investment trust (InvIT).

Analysts are crediting this drop to seasonality in the credit cycle when growth remains tepid in the first quarter. While both sets of banks saw a month-on-month dip, it was higher for private banks at 44 bps versus 18 bps for public sector banks.

The implementation of the FAME India scheme had hit a roadblock after instances of OEMs falsely availing subsidies by selling vehicles with larger-than-permissible imported components were established.

"On behalf of the bipartisan leadership of the United States House of Representatives and the United States Senate, it is our honour to invite you (Prime Minister Modi) to address a joint meeting of Congress on Thursday, June 22," the Congressional leaders had said in a statement.

PSUs have also advised not to source from China for sectors such as atomic energy, broadcasting, print and digital media. defence, space, and telecommunications. Certain other sectors including power, civil aviation, mining, railways, health, and urban transportation are also considered sensitive where procurement from China has been discouraged, ET has learnt.

This will give time to the industry to ensure that any vendor supplying goods or services above ₹5 crore turnover is mandatorily issued an e-invoice to avoid any dispute with respect to availing input tax credit (ITC). Taxpayers can view the total turnover for the last fiscal year and also for the current fiscal year, based on the returns submitted up to this point.

Great Nicobar port project is significant for the country as nearly 75% of India's transshipped cargo is handled at ports outside India. According to official estimates, Indian ports can save $200-220 million each year on transshipment cargo if the Galathea projects comes about.

MS Excel is vastly used for maintaining and keeping a track of data. Now, if you are planning something and would like to bring a checkbox tab. Heres how to do it.

Cutting and polishing of rough diamonds have seen a decline in Surat following the US sanctions on Russian miner Alrosa, imposed over Russia's war with Ukraine.

ESR manages $156 billion in total assets under management (AUM), across markets such as China, Japan, South Korea, Australia, Singapore, India, New Zealand, and Southeast Asia.

Both Ambuja Cements and ACC had stopped sharing production and sales data with the CMA a few years back and have not been active members of the association, said an analyst with a domestic brokerage who did not wish to be quoted.

The Indian ecommerce market is expected to reach ₹9 lakh crore by FY26, with customers from tier-2 and smaller cities driving most of the growth, consulting firm Redseer said in a report on Tuesday, released in collaboration with Plural by Pine Labs, a digital payments firm. Online shoppers are expected to grow by 50% in the coming three years to reach 300 million by FY26, Redseer partner Jasbir Juneja said in the report.

“The hype of D2C, which was there during the pandemic, is starting to taper off a bit and that is also one of the reasons why many of the players are now starting to come into the offline world,” Sunil D'Souza, managing director at Tata Consumer said.

Companies will not be required to seek renewal in future contracts, helping them plan their investments better. For the existing contracts, the current rules allow an extension of only 10 years. If the oil ministry's proposal takes off, the renewal will be for the entire economic life of an oilfield.

Outlander Season 7 is set to release this month. Ahead of the world premier of Outlander Season 7, stars of the show are making appearance on several TV shows.

For Adani Green Energy, Adani Transmission, and Adani Wilmar, the circuit limits have been revised to 10% from 5%. The biggest boost is for Adani Power as the circuit limit has been increased to 20% from 5%.