privatisation

PSU general insurers' employees observe strike to protest proposed privatisation

PSU general insurers' employees observe strike to protest proposed privatisation

Employees of public sector general insurance (PSGI) companies went on a one-day nationwide strike on Wednesday to protest against intende...Read More

Vizag steel plant workers intensify protest after Centre files affidavit justifying sale plan

Vizag steel plant workers intensify protest after Centre files affidavit justifying sale plan

A day after the Central government filed an affidavit in the Andhra Pradesh High Court justifying Visakhapatnam Steel Plant (VSP) sale pl...Read More

Are PSUs family silver or taxpayer burden, asks P N Vijay

Are PSUs family silver or taxpayer burden, asks P N Vijay

The government system does not encourage risk-taking; the three nightmares of every PSU chief are the CAG, the CVC and the CBI. PSU chief...Read More

Draft cabinet note floated for 100% FDI in oil PSUs approved for disinvestment: Sources

Draft cabinet note floated for 100% FDI in oil PSUs approved for disinvestment: Sources

The commerce and industry ministry has floated a draft cabinet note seeking inter-ministerial views on a proposal to allow up to 100 per ...Read More

PSU bank privatisation plan could face hurdles amid Covid: Fitch

PSU bank privatisation plan could face hurdles amid Covid: Fitch

Fitch Ratings on Monday said the plan to privatise two state-owned banks in the current financial year ending March 2022 could face delay...Read More

Ahead of privatisation, government non-life insurers see a high attrition rate

Ahead of privatisation, government non-life insurers see a high attrition rate

The government-owned non-life insurers are witnessing the exit of a sizeable number of their employees owing to retirement as well as vol...Read More

Privatisation: Bank union seeks clarity from Fin Min; explains why privatisation of Bank of Maharashtra will hurt Maharashtra's rural economy

Privatisation: Bank union seeks clarity from Fin Min; explains why privatisation of Bank of Maharashtra will hurt Maharashtra's rural economy

The United Forum of Mahabank Unions has written to the Department of Financial Services, under the Finance Ministry, to clarify if Bank o...Read More

Privatisation: Bank of Maharashtra, Central Bank top candidates in NITI Aayog's list

Privatisation: Bank of Maharashtra, Central Bank top candidates in NITI Aayog's list

NITI Aayog has submitted the names of two public sector banks (PSBs) and one public sector general insurer, which can be sold off under t...Read More

Privatisation process of Air India, BPCL, Pawan Hans, BEML, Shipping Corp moved to the second stage

Privatisation process of Air India, BPCL, Pawan Hans, BEML, Shipping Corp moved to the second stage

Notwithstanding the disruption to businesses caused by the second wave of COVID-19, the government is aiming to conclude privatisation of...Read More

Privatisation of banks: Has the government taken a U-turn in the case of IDBI Bank?

Privatisation of banks: Has the government taken a U-turn in the case of IDBI Bank?

Finance Minister Nirmala Sitharaman had in her Budget speech in 2021 said that other than IDBI Bank, the governemnt proposes to take up t...Read More

Govt gets multiples EoIs for privatisation of Neelachal Ispat

Govt gets multiples EoIs for privatisation of Neelachal Ispat

In a tweet on Monday, Secretary for the Department of Investment and Public Asset Management (DIPAM) Tuhin Kanta Pandey said that the tra...Read More

Air India may get new buyers in May-June

Air India may get new buyers in May-June

The Union Minister for Civil Aviation, Hardeep Singh Puri said that financial bids for the national carrier will be submitted sometime in...Read More

NaBFID to be operational in 4-5 months: Financial Services Secretary  Debasish Panda

NaBFID to be operational in 4-5 months: Financial Services Secretary Debasish Panda

Terming NaBFID a game changer for the infra financing in the country, Financial Services Secretary Debasish Panda on Thursday said the ne...Read More

Discussion on privatisation of public sector banks is on with centre, says RBI Governor Shaktikanta Das

Discussion on privatisation of public sector banks is on with centre, says RBI Governor Shaktikanta Das

Reserve Bank of India (RBI) Governor Shaktikanta Das said that the centre and RBI are engaging with each other on privatisation of publi...Read More

Mumbai: Shiv Sena slams Centre over privatisation of national assets

Mumbai: Shiv Sena slams Centre over privatisation of national assets

Shiv Sena on Thursday raised questions over the credibility of Union Railways Minister Piyush Goyal's assurance in Lok Sabha that Indian ...Read More

Privatisation: BPCL is priced around USD 10.3 billion

Privatisation: BPCL is priced around USD 10.3 billion

The acquisition cost for BPCL as part of the privatisation process could be $6.9 billion to $10.3 billion.As per Credit Suisse, the inves...Read More

The same old question on dissenters and their fate persists in a brand new era, writes Shivaji Sarkar

The same old question on dissenters and their fate persists in a brand new era, writes Shivaji Sarkar

The present farmers’ agitation is symbolic of collapsing social situations woven around agriculture

#Bankbachao_deshbachao trends on Twitter as bankers oppose PSB privatisation

#Bankbachao_deshbachao trends on Twitter as bankers oppose PSB privatisation

Public sector banks call for strike over privatisation

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