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…

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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…

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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…

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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…

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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…

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