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TCIL) is likely to sell its remaining 15% share in Bharti Hexacom in multiple tranches for a windfall income. «The government is considering selling out 15% share in Bharti Hexacom in two or more tranches to maximise the proceeds.Decision not to sell the complete stake in one go previously helped the government to maximise its return by more than 60% over its target value of Rs 9,500-crore. Selling the balance stake in multiple tranches will further enhance value maximization for the government,» a senior Department of Telecommunications (DoT) official told ET. In April this year, the public sector firm sold 15% equity of the total 30% it had in Sunil Mittal-driven Bharti's unit Bharti Hexacom that fetched Rs 4,275-crore to the state exchequer at Rs 570 per share.

Japan’s nuclear watchdog has formally disqualified a reactor in the country’s north-central region from starting

A Japanese nuclear reactor which survived a massive 2011 earthquake and tsunami that badly damaged the nearby Fukushima nuclear power plant has been restarted after a safety upgrade, as the government pursues a renewed expansion of nuclear energy to pr...

Invest in a single bed now with Amazon Diwali offersAlso read: Amazon Great Indian Festival 2024: Score up to 55% off on the best mattresses, beds and sofa cumDouble beds are designed for couples or individuals who appreciate extra space to stretch out. They offer a comfortable sleeping arrangement for master bedrooms, guest rooms, or family accommodations.

Subscribe to enjoy similar stories. MUMBAI : The Centre's proposal to introduce “voluntary" group insolvency aims at maximizing the larger group companies' asset value and keeping the overall corporate insolvency resolution costs low. The proposal is expected to be taken up in the winter session of Parliament in December.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Subscribe to enjoy similar stories. Asset reconstruction companies (ARCs) in India have long been perceived as vehicles solely for the recovery of bad loans, with limited scope beyond securing delinquent assets. Instead of just being agents that buy non-performing loans from lenders for recovery, ARCs should evolve to their full potential into entities that not only recover assets, but also rehabilitate and turn around distressed businesses.

Controversy broke out last week over a proposal from Brookfield Asset Management Ltd., the investment company, to create a $50-billion fund that would include pension and federal government money to invest in Canadian equities. Much of the uproar was focused on a conflict of interest for Brookfield senior executive, Mark Carney, who was recently appointed by Prime Minister Justin Trudeau to provide advice on economic policy.

work pressure at the workplace. It seems that it is catching up in India, too. The nature of the workplace changes as management obsesses over mechanical efficiency, which means getting more and more out of less and less.

A presale for a new Pepe-themed meme coin on its own Ethereum Layer 2 blockchain called Pepe Unchained ($PEPU) has passed the blue moon milestone of raising an eye-watering $15 million.

Crypto All-Stars ($STARS) reached another significant presale milestone over the weekend, achieving a total of over $1.5 million in funding.

Index investing is a simple and low-cost passive investment strategy which aims to mirror the returns of an underlying index like Nifty 50 or Nifty 100.

The long duration funds are highly sensitive to interest rate changes and provide potential for capital appreciation and are attractive options in the declining interest rate. “After the Fed's 50 bps rate cut, long-duration funds are the better option. These funds are highly sensitive to interest rate changes, meaning they will benefit significantly from falling yields as bond prices rise. This provides potential for capital appreciation, making them attractive in a declining interest rate environment,” recommended Sagar Shinde, VP Research, Fisdom.

Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvigorate its business

The U.S. Attorney’s office in Boston says two men are being charged with illegal smuggling and conspiring to violate export controls by sending equipment to Russia's nuclear energy industry

Positioned within the top cryptocurrency projects, Solana (SOL) is a blockchain architecture designed with scalability in mind, while being equipped with the capability of developing decentralized applications (dApps) on top of it. Its 24-hour trading activity is approximately $2.26 billion depicting an increase of 3.95%. With over 467.93 million SOL tokens circulating, this platform further maximizes the windfall, once again trailing at the upsurge of active development in the blockchain movement.Nonetheless, as the sacrifices in the competition for users in the realm of decentralized finance (DeFi) continue to grow, an up-and-coming project is beginning to grab the attention of both investors and developers – Rexas Finance (RXS). This rising star has begun gaining attention and may turn out to be a Solana threat. Rexas Finance, RXS, which is priced below $0.10 now, has a potential target of $20 by mid-2025, given its revolutionary approach to asset management and tokenization.

Subscribe to enjoy similar stories. Quiet luxury was supposed to reign supreme. Return to over-the-top fashion would take time, many claimed.

With the rapid rise of cryptocurrency and the popularity of blockchain technology, more and more people are exploring new ways to achieve financial freedom and economic independence. Among them, cloud mining, as a new type of investment with low threshold and high returns, is gradually being recognized by investors. Cloud mining not only eliminates the tedious steps of purchasing, operating and maintaining traditional mining machines, but also allows participants to share mining pool resources through the Internet and easily earn huge profits. For those who want to earn passive income in the digital economy, NFTCOLO cloud mining is undoubtedly an excellent opportunity.

Prime Minister Narendra Modi said on Wednesday that it is his dream to see an India-made chip in every global device. He also sought to attract global players by highlighting India’s stable business environment and chip investments already secured to fast-track the sector’s growth.

In the fast-paced world of cryptocurrency trading, every millisecond counts. UnTrade, the cutting-edge algorithmic trading platform, is setting new industry standards with its exceptional performance metrics, leaving manual trading in the dust and outpacing competitors.

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