Company Overview and News

Govt invites EoI to sell Bharat Pumps

New Delhi : The government has invited expression of interest (EoI) for selling its entire stake in Bharat Pumps, a loss-making firm under the Heavy Industry Ministry.
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Closing Bell: Sensex ends rangebound session higher; hotels, jewellery, realty stocks rally

2018-04-17 moneycontrol
3:30 pm Market Closing: Benchmark indices managed to end near day's high after volatility throughout the session.
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Government invites EoI for selling its entire stake in Bharat Pumps

New Delhi: Government has invited expression of interest (EoI) for selling its entire stake in Bharat Pumps, a loss-making firm under the Heavy Industry Ministry. It has asked interested parties to submit the EoI physically by May 28.
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Finmin may write to Sebi for relaxing minimum public float norms for PSUs

New Delhi : The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.
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News Live: US senator introduces bill aimed at protecting call centre jobs, Indian BPOs to be hit

2018-03-20 moneycontrol
A legislation has been introduced in the Congress that would require call centre employees in countries like India to disclose their location and give customers the right to ask to transfer their call to a service agent in the US, reports PIT. Introduced by Democrat Senator Sherrod Brown from Ohio, the legislation also proposes to create a public list of companies that would outsource call centre jobs and give preference in federal contracts to companies that haven't shipped these jobs overseas.
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News Live: Maruti identifies gaps in its portfolio, will launch new SUV in 2019

2018-03-20 moneycontrol
Maruti Suzuki is racing against time to fill the product gaps in its portfolio to avoid losing its numero uno position, reports Moneycontrol News’ Swaraj Baggonkar. The Delhi-based car maker has identified a few segments where it feels it needs to expand its presence, one of which is the sports utility vehicle segment. With only the compact SUV Vitara Brezza in its line-up, the company feels it is underrepresented in the segment.
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News Live: All 39 Indians kidnapped in Mosul dead, says Sushma Swaraj

2018-03-20 moneycontrol
All 39 Indians kidnapped in Mosul, Iraq are dead, Minister of External Affairs Sushma Swaraj informed the Rajya Sabha.
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News Live: Train services on Mumbai#39;s Central Railway resume between Matunga CSMT

2018-03-20 moneycontrol
Train services on Mumbai's Central Railway have resumed between Matunga and Chhatrapati Shivaji Maharaj Terminus. Earlier today, scores of agitated students demanding jobs in the railways blocked traffic at 7 am in the morning, forcing the railways to stop the suburban as well as express train in the affected section between Matunga and CSMT. "There has been no recruitment since last four years. We are struggling from pillars to post.
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News Live: Saudi Aramco may list first on Saudi exchange, delaying int#39;l debut

2018-03-20 moneycontrol
India’s flagship government initiatives have barely spent any of the money allocated to them raising questions about the on-the-ground implementation of Prime Minister Narendra Modi’s most high profile national programs, reports Bloomberg. Although the government insists the figures are wrong, a report from the Parliamentary Standing Committee on Urban Development said Modi’s six top infrastructure initiatives spent on average just 21%, or $1.
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Centre seeks riders for Scooters India

New Delhi : The government has invited expression of interest (EoI) to sell its entire stake with transfer of management control in loss-making listed firm Scooters India (SIL), which manufactures three-wheelers under the brand-name ‘Vikram’.
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Centre invites EoI for stake sale in Scooters India

2018-03-19 thehindubusinessline
The government has invited expression of interest (EoI) to sell its entire stake with transfer of management control in loss-making listed firm Scooters India (SIL), which manufactures three-wheelers under the brand-name ‘Vikram’
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Govt invites EoI for strategic stake sale in Scooters India

2018-03-19 livemint
New Delhi: The government has invited expression of interest (EoI) to sell its entire stake with transfer of management control in loss-making listed firm Scooters India Ltd (SIL), which manufactures three-wheelers under the brand name ‘Vikram’.
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125cc-150cc bikes see 18% drop in domestic sales

2018-02-28 livemint
Mumbai: The executive motorcycle segment (with engines having a cubic capacity of 125cc to 150cc) has seen an 18.43% year-on-year drop in domestic sales for the fiscal up to January, according to data provided by industry body Siam (Society of Indian Automobile Manufacturers).
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News Live: FinMin asks PSU banks to examine bad loans over Rs 50 crore for possible fraud

2018-02-27 moneycontrol
FinMin asks PSU banks to examine bad loans over Rs 50 crore for possible fraud The Finance Ministry on Tuesday directed to public sector bank managing directors (MDs) to detect frauds and refer cases to CBI examining all non-performing assets (NPAs) over Rs 50 crore for possible fraud. The government has also given a 15-day deadline to the banks to take pre-emptive action and identify and address operational and technological risks.
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Scooters India gets board nod to hive off non-core land

2018-02-27 thehindubusinessline
Scooters India has got the board approval to hive off 89.69 acres of its non-core land.
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