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Govt won't wait for improved mkts for PSU stake sales
The government has indicated that it will not wait for the markets to improve to go ahead with the planned stake sale in PSUs including SAIL, NALCO and BHEL. where it plans to divest close to Rs 30,000 crore #NewsTracker #Bharat Heavy Electricals Limited #Steel Authority of India Ltd #RINL #National Aluminium Industry Company
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S&P cuts outlook on NTPC, SAIL and NHPC too
The change in rating outlook on the GREs reflect the change in outlook for the long-term sovereign credit rating of India, #S&P #Credit rating #Steel Authority of India Ltd #ExpertView #NHPC Limited
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Govt sets SAIL, but the FPO is caught in choppy waters
All this doesn't paint a pretty picture from an investor point of view, particularly when India looks increasingly attractive even as the West scrambles to put its own house in order. The bottomline is: The government has to keep its reforms momentum going. The risks far outweigh the benefits. #Bombay Stock Exchange #M&A #Disinvestment #ToWhatEffect #Investment #Steel Authority of India Ltd
Wire
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Economic Times
Thirteen stocks in focus in Friday morning trade
NEW DELHI: Indian markets are likely to trade in a range with a positive bias on Friday. The immediate support level for Nifty is around 5842. "The Nifty is expected to continue its northward journey till 5970. In this period the key support will be arou #New Delhi #India #Idea Cellular
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Deccan Herald
SAIL, RINL keen to partner NMDC for steel project
Two state-owned steel makers — Steel Authority of India Ltd (SAIL) and Rashtriya Ispat Nigam Ltd (RINL) — have evinced interest to be NMDC's joint venture partner in the Rs 15,525-crore proposed steel project at Nagarnar in Chhattisgarh. NMDC, which had #Steel Authority of India Limited #Chhattisgarh #Severstal
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Toronto Star
Bangladesh factory collapse: Owner of building arrested
DHAKA, BANGLADESH — Bangladesh authorities have arrested Sohel Rana, the owner of the building where at least 362 people were killed when the factory complex collapsed on April 24, the biggest disaster in the country’s garment industry. Rana was arrested #Bangladesh #Wal-Mart #India




