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Sensex falls 145 points to 1-wk low as investors turn cautious


Mumbai: Hit by late selling, the benchmark S&P BSE Sensex Wednesday fell 145 points to a one-week low of 19,294.12 as investors turned cautious ahead of key economic data due later this week and

PSU banks to hire 50k employees this fiscal: FM

Finance minister P. Chidambaram today said public sector banks plan to hire 50,000 persons and open 10,000 branches in the current fiscal.

Big ticket investments from PSUs

As the state flags off the Emerging Kerala meet here on Wednesday that draws 2,500 delegates from 52 countries to help chart the state’s development agenda, investments running into a few thousand cro

ONGC gains as govt begins 5% stake sale


Shares of ONGC on Thursday began trading with modest gains in a weak market, as the government began sale of its 5 per cent stake in the public sector energy giant through a one-day auction process on

Govt approves buyback of PSU shares to expedite disinvestment

Hard pressed for funds, the government on Thursday approved the proposal for expediting disinvestment through the buyback route under which blue chip state-owned companies will buy its stake.

The de

Govt defers decision on PSU disinvestment through buyback

Amid inter-ministerial differences, the Union Cabinet on Wednesday deferred a decision on proposal of Disinvestment Department to raise Rs 40,000 crore from divestment of PSUs through buyback and o

Cashless facility in corporate hospitals to resume from Friday

The private sector hospitals and PSU insurers are likely to arrive at an interim settlement on restoration of cashless treatment facility at major hospitals in the country from Friday.

The major cor

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.