Jharkhand  /  Published 28.08.21

Union minister supports steel PSUs’ privatisation

Union minister of state for steel Faggan Singh Kulaste, who is on a two-day visit of Jharkhand, voiced support for the privatisation of steel PSUs amid protests by trade unions against privatisation. ...
By Animesh Bisoee in Jamshedpur

Business  /  Published 13.08.21

BPCL net profit drops 28%

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Thursday reported a 27.6 per cent drop in June quarter net profit at Rs 1,501.65 crore.  The country’s second largest oil ref...
By PTI in New Delhi

Business  /  Published 23.07.21

BPCL: 100% FDI allowed

The government has sweetened the BPCL privatisation offer by tweaking the foreign direct investment policy to allow 100 per cent ownership of a state-owned refinery by global players through the ...
By Our Special Correspondent in New Delhi

Business  /  Published 22.07.21

Centre to seek bids for SCI

The Centre is expected to seek financial bids for Shipping Corporation sometime next month after the potential investors have had the chance to pore over the state-owned company’s books, a senio...
By R. Suryamurthy in New Delhi

Business  /  Published 05.07.21

Nationalisation Act changes

The government is working on amendments to the General Insurance Business (Nationalisation) Act (GIBNA), which will faciliate the privatisation of a PSU general insurance company. The monsoon session ...
By PTI in New Delhi


India  /  Published 19.04.21

'Privatisation will increase inequality'

By Subhoranjan Dasgupta

Business  /  Published 27.03.21

Financial bids for AI to arrive

The financial bids for the privatisation of Air India would be invited in the coming days, Union civil aviation minister Hardeep Singh Puri said on Friday. “We are looking at another timeline n...
By Our Special Correspondent in New Delhi

Business  /  Published 17.03.21

FM assurance to striking bank staff

Finance minister Nirmala Sitharaman on Tuesday said “not all state owned banks” would be privatised and the interest of employees would be protected even after privatisation as the two-day...
By Our Special Correspondent in New Delhi

India  /  Published 16.03.21

FM: bankers will be protected

Finance Minister Nirmala Sitharaman on Tuesday said the interest of all employees of state-owned banks which are likely to be privatised will be protected, even as bank unions observed a two-day strik...
By Our Bureau and Agencies in New Delhi

Jharkhand  /  Published 16.03.21

2-day bank strike total across state

"We oppose the Centre's decision of privatisation of public sector banks. The budget announcement said two banks and one insurance company will be privatised in the name of disinvestment. The...
By Pinaki Majumdar in Jamshdepur


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