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Economic Survey takes a cue from Temasek to push disinvestment

Economy

31 January, 2020

Economic Survey takes a cue from Temasek to push disinvestment

The Indian government should weigh the possibility of creating a corporate entity akin to Singapore state investment firm Temasek Holdings ......

ITI finds few takers for follow-on offering despite price cut, date extension

TMT

29 January, 2020

ITI finds few takers for follow-on offering despite price cut, date extension

State-run telecommunications equipment maker ITI Ltd didn’t receive any substantial bids for its shares in its follow-on public offering even ......

Govt likely to raise spending in budget to revive economic growth

Finance

28 January, 2020

Govt likely to raise spending in budget to revive economic growth

Indian Prime Minister Narendra Modi’s government is expected to raise spending on infrastructure and cut some personal tax in its ......

Govt calls for bids to sell entire stake in Air India

Infrastructure

27 January, 2020

Govt calls for bids to sell entire stake in Air India

India said on Monday it plans to sell its entire stake in Air India, in a revised push to sell ......

State-run railway financing arm IRFC files for IPO

Finance

20 January, 2020

State-run railway financing arm IRFC files for IPO

Indian Railway Finance Corp, the market borrowing arm of the Indian Railways, has filed a draft prospectus with the Securities ......

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Slowing growth, widening deficit hint at tough choices for upcoming Budget

Economy

20 January, 2020

Slowing growth, widening deficit hint at tough choices for upcoming Budget

As she gets ready to present her second full Budget, finance minister Nirmala Sitharaman will have more than just fiscal ......

Banking, transport services disrupted as trade unions go on strike

Economy

08 January, 2020

Banking, transport services disrupted as trade unions go on strike

Tens of thousands of workers affiliated to trade unions led a strike in parts of India on Wednesday, disrupting transport ......

Bharat Petroleum privatisation plan draws protest from execs at state-run firms

Manufacturing

10 December, 2019

Bharat Petroleum privatisation plan draws protest from execs at state-run firms

Executives at major state-run Indian companies voiced their opposition to government plans to privatise oil refiner Bharat Petroleum Corp Ltd ......

Govt to sell Bharat Petroleum, Shipping Corp in privatisation drive

Infrastructure

21 November, 2019

Govt to sell Bharat Petroleum, Shipping Corp in privatisation drive

India has agreed to sell stakes in five state-run companies, including oil refiner Bharat Petroleum Corp (BPCL), finance minister Nirmala ......

Govt plans strategic stake sales in 28 state-run companies

Economy

18 November, 2019

Govt plans strategic stake sales in 28 state-run companies

India’s cabinet has given ‘in-principle’ approval for the sale of strategic stakes in 28 state-run companies including state carrier Air ......