Business
Fy27 Budget Disinvestment Target: Government achieves 78% of FY27 disinvestment, asset monetisation target in 5 months
Taken together, capital receipts from disinvestment and asset monetisation stand at Rs 62,124 crore (representative image) The government has achieved about 78% of its FY27 budgeted target of Rs 80,000 crore for disinvestment and asset monetisation within the first five months of the financial year.The government has raised Rs 55,757 crore so far through minority…
Will carefully consider AI’s capital request: SIA
SIA says will look into group’s other capital requirements. NEW DELHI: Singapore Airlines (SIA), which holds 25.1% stake in Air India (AI), Thursday said it will “carefully consider any requests for additional capital from AI, taking into consideration the group’s other capital requirements and AI’s business strategy.” A SIA spokesperson said the airline will “work…
India emerges as global production, innovation hub: FM
Sitharaman said in Toronto as she invited Canadian businesses to invest in India for building long-term operations. NEW DELHI: India has emerged as a platform for global production, innovation, services and exports, FM Nirmala Sitharaman said in Toronto as she invited Canadian businesses to invest in India for building long-term operations and partnerships that will…
Daikin lines up Rs 2,800 crore fresh investment
Piyush Goyal suggested to Daikin to go beyond assembling compressors to also manufacture them in India OSAKA: Daikin Thursday said that it is lining up fresh investments of Rs 2,800 crore, of which around Rs 1,300 crore will go towards R&D for chillers and high capacity air conditioners that can also be used in data…
‘Govt to focus on easing processes to boost FDI’
Goyal has pitched India’s FTAs as an opportunity for investors to make use of and export to other countries. Commerce & industry minister Piyush Goyal Thursday said govt will focus on easing processes and faster clearances, wherever required, to boost FDI flows, while asserting that Indian economy has seen a robust expansion in first quarter,…
Gaana, Fenix360 tie up to boost engagement
Streaming changed how the world listens to music. (Representative image) MUMBAI: Gaana has partnered with social media and creator platform Fenix360 to build a more direct relationship between artists and their audiences by bringing content, community and commerce together within one ecosystem. At the centre of the integration will be a native scrolling social feed…
Top stocks to buy today: Stock market recommendations for August 28, 2026 – check list
Top stocks to buy today on August 28, 2026 Stock market recommendations: Siemens, Laurus Labs, and BHEL – Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One has picked these as the top stocks to buy today on August 28, 2026:Buy Siemens at Rs 4090-4085; Stop Loss: Rs 3860; Target: Rs 4620Following a minor…
Stock Market Live Updates Today: Sensex opens 200 points higher, Nifty hovers around 24,000 ahead of Fed chair’s address
The equity markets are set for a closely watched trading session on Friday, with the Sensex and Nifty expected to react to global cues and comments from US Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium. GIFT Nifty signalled a positive start, trading 65.5 points, or 0.27%, higher at 24,263.50, pointing to gains…
Centre goes all-out to woo Japanese companies for investment
Union Commerce and Industry Minister Piyush Goyal in conversation with ROHM Co. Ltd. President. OSAKA: From focusing on high-tech industries to weaning away entities with presence in China and southeast Asia and wooing small Japanese banks, beyond the Big 3, that have strong local relationships, govt is deploying every tool to get Japanese firms to…
HDFC shares drop 2% over CEO uncertainty, legal woes
HDFC shares drop 2% over CEO uncertainty, legal woes MUMBAI: Shares of HDFC Bank fell 2% on Thursday, with analysts citing uncertainty over the appointment of its next CEO. The bank also faces legal action in the US over alleged violations of securities laws for not disclosing adverse information related to a bulk deposits case.HDFC…