Tag: coal india

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Posted in Economy

General Insurance stake sale: Govt likely to earn Rs 4,700 crore from 6.8% divestment in GIC Re

The government plans to sell a 6.8% stake in General Insurance Corporation of India (GIC Re) through an offer-for-sale. The shares will be priced at…

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Posted in Economy

Why has India’s corporate tax mop-up failed to match the pace of personal income-tax collection?

Back in 2010-11, India’s corporate tax mop-up was twice its personal income tax (PIT) collection. Now both are almost equal. In the past decade, the…

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coal india: Centre gets Rs 4,185.31 crore from Coal India stake sale
Posted in Economy

coal india: Centre gets Rs 4,185.31 crore from Coal India stake sale

The government has mopped up Rs 4,185 crore through a three per cent stake sale in state-run Coal India. The holding of the government has…

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Government asks heavy equipment manufacturers to produce locally to check imports
Posted in Economy

Government asks heavy equipment manufacturers to produce locally to check imports

The government has urged the heavy equipment manufacturers to produce such machinery in the domestic market, which will help reduce the country’s imports worth over…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

sebi: Sebi takes stricter approach in IPO clearance; returns draft paper of 6 cos

New Delhi: After the Paytm‘s IPO fiasco, Sebi has turned cautious while giving clearance to the initial share sales as it has returned the preliminary…

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Higher inflation, muted demand and consumption slowdown impacted India Inc performance in December quarter
Posted in Finance

Higher inflation, muted demand and consumption slowdown impacted India Inc performance in December quarter

India Inc reported muted performance in the third quarter of 2022-23 due to subdued demand, weak consumption in rural India and poor performance of energy…

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