Govt to sell 15% stake in HAL through sale offer

Bengaluru (IANS) The Union Government is selling 15 per cent of its equity stake in the state-owned Hindustan Aeronautics Ltd (HAL) at Rs 1,001 per share to raise about Rs 5,000 crore through an offer for sale (OFS), an official said on Wednesday.

'Rise in govt debt to impact public spending in coming decade'

New Delhi (IANS) India's general government debt is likely to remain high in the years to come and will significantly impact the government's ability to spend in the upcoming decade, according to a report by Motilal Oswal Financial Services.

US imposes visa ban on Chinese people responsible for occupation of South China Sea

Washington/New Delhi (IANS) The US has imposed a visa ban on members of the Chinese Communist Party (CCP) regime, People's Liberation Army (PLA) and some state-owned businesses responsible for the occupation and militarization of the disputed…

B'luru riots: Police working to secure maximum punishment for rioters

Bengaluru (IANS) Bengaluru city police are aiming to secure maximum punishment possible on people involved in the recent riots, an official said on Thursday.

"Our main intention is to send them behind bars as long as possible," Central Crime…

Quota within Quota: SC for revisiting 2004 verdict on sub-classification

New Delhi (IANS) The Supreme Court on Thursday disagreed with its 2004 Constitution Bench judgement, which ruled against giving preferential treatment to certain sub-castes within Scheduled Castes. The top court said this judgement needs to be revisited.

HAL shares plunge 12% as Centre proposes stake sale

Mumbai (IANS) A day after Hindustan Aeronautics said that the government has proposed to as much as sell 15 per cent stake in the company, its shares plunged over 12 per cent on Thursday.

At 10.53 a.m., shares of HAL were trading at Rs 1030.20,…

China fired 2 deadly missiles ahead of US visa ban

Washington/New Delhi (IANS) Just before the US imposed a visa ban on Chinese government members in response to the militarization of the South China Sea, Beijing had fired two missiles, including an 'aircraft-carrier killer', into the disputed…

Amendments proposed for Petroleum and Mineral Pipelines Act to fix cost of land use

New Delhi (IANS) The government is working on amendments to the provisions governing the Petroleum and Mineral Pipelines Act to fix the cost required to be paid for right of the user in laying of pipelines for petroleum and minerals rather than full…

Superintendent Engineer of Electricity Department caught taking bribe of Rs 14,000 in Giridih, Rs 18 lakh in cash recovered from home

Giridih: Sleuths of the Anti Corruption Department caught the Superintendent Engineer of the Electricity Department and his assistant while they were accepting a bribe of Rs 14,000 from a contractor.

A team of the ACB from Dhanbad led by DSP…

Body of youth recovered from waters of stone mine in Ranchi

Ranchi: Body of a youth was taken out from the waters of a closed stone mine located under Tupudana OP of the state capital on Thursday.

The deceased has been identified as Neeraj Tirkey (19) who was a student of intermediate. His body was…