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INDIA PRIVATISATION PLANS
Repeated crises reaffirm role of PSU oil firmsDuring national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...- From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
- Air India: As Campbell Wilson readies for departure, N Chandrasekaran enters the cockpitChandrasekaran has called for closer coordination across the airline’s departments. Key divisions such as flight operations, commercial str...
- IDBI Bank share price rockets 19%. What’s triggering the massive surge?IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and renewed optimism around the lende...
- Air India's foundations rebuilt, but aircraft delivery delays hurt growth plans: Campbell WilsonAir India's CEO Campbell Wilson is stepping down. He states the airline has rebuilt its foundations. However, aircraft delivery delays and ...
- Air India, Riyadh Air sign pact to boost connectivity between India and Saudi ArabiaAir India and Riyadh Air have signed an MoU to enhance air connectivity between India and Saudi Arabia. The partnership will introduce code...
- Indians are breaking up with Europe for a Southeast Asian getawayIndian travelers are increasingly choosing Vietnam over traditional European destinations due to rising airfares and longer flight duration...
- Cricket Australia chief downplays fears Indian investment in BBL could lead to loss of controlCricket Australia CEO Todd Greenberg has allayed concerns about private investment in the Big Bash League. He stated that fears of Indian P...
- Rs 1 lakh to Rs 14 crore in 24 years! Hindustan Zinc delivers 1,400x returns since Vedanta’s purchaseHindustan Zinc has delivered exceptional returns of 1,400 times since Vedanta acquired it in 2002. An initial investment of Rs 1 lakh has g...
- Airport privatisation: Government weighs bid cap to boost competitionIndia is redefining the rules of the game with its upcoming airport privatisation plans, aiming to curb monopolistic tendencies in the avia...
- Air India embraces AI to enhance ops efficiency, increase revenues, reduce costsAir India is embracing artificial intelligence to transform its operations. The airline is using AI to cut costs, improve customer service ...
- Sri Lanka seeks investors for loss-making Mattala airport built with Chinese loansSri Lanka is seeking investors for Mattala Rajapaksa International Airport. The airport has been a financial drain since opening in 2013. A...
- India's privatisation drive derails because of weak investor interestIndia faces challenges in its privatisation program. Three planned sales are under consideration for shelving due to weak investor interest...
- Modi govt said to ditch privatisation plans, pour billions in state-run firmsIndian Prime Minister Modi is investing billions in struggling state-run firms, diverting from prior privatisation plans. Notable investmen...
- Bank employee associations plns to fight against government plan to privatise public sector banksIn the Union Budget presented in February, Finance Minister Nirmala Sitharaman had announced the privatisation of two public sector banks (...
- Air India finds a new address: Chronology of Air India privatisationJehangir Ratanji Dadabhoy (JRD) Tata founded the airline in 1932 and named it Tata Airlines. In 1946, the aviation division of Tata Sons wa...
- Amitabh Kant exhorts private equity for India's PSU privatisation plansDIPAM is carrying out a privatisation exercise for four major PSUs — BPCL, Air India, Shipping Corporation of India and Concor. Private equ...
- Niti Aayog plans to completely privatise Air India
- No plans to privatise Air India: GovtGovernment is not considering inducting banks as strategic investors in Air India or privatising the airline, MoS for Civil Aviation Jayant...
- AAI against Kolkata, Chennai airport privatisationSenior officials at the PSU expressed fear about the state-owned company's fate if management of all good airports is taken away from it.
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