Other PSUs in the ETF basket include GAIL, REC, Oil India, Container Corporation, Power Finance Corporation, Engineers India and Bharat Electronics Ltd.
Companies entering into combinations have to seek approval of the CCI, which has the mandate to keep a tab on unfair trade practices at the market place.
A paper from the commerce ministry has advocated greater competition among Indian and Chinese companies and greater Chinese investment in manufacturing.
It is important to re-create an environment for growth in India, to undertake reforms that stimulate investment and improve the quality of jobs created said Gita Gopinath.
Survey revealed that quantum of cases of corruption and fraud is believed to be higher in real estate and infrastructure sectors with 52 per cent respondents opining that these sectors are more prone to corruption.
Paradox Panel’s Second Quarterly Report says that this paradox in behaviour is the outcome of this generation’s search for wisdom, a meta-perspective that goes beyond knowledge, and the prestige they associate with wisdom.
Deal will more than double the size of our water purification business and will bring together complementary technology... all under the Unilever umbrella said Polman.
We assemble, mark my words, assemble 1.2 million cars at the moment. But remember in this assembly of 1.2 million cars, 70% of the manufacturing is done by vendors and not us said R C