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SAUDI PRIVATISATION POLICY
Saudi Arabia launches national privatisation strategy to expand public-private partnershipsSaudi Arabia has unveiled a new national privatisation strategy. This initiative aims to boost public-private partnerships for major projec...- Govt weighs selling part of BPCL instead of full stakeNew Delhi is considering inviting bids for a 20%-25% stake in BPCL, instead of an outright sale of its entire 52.98% holding, the two gover...
- View: India needs to focus on electricity and scaling down gas demand to tame fuel pricesToday, state-run and private refiners are unable to charge market rates for fuels, eroding the government’s credibility on reforms, and hur...
- Saudi Arabia's $7 trillion investment goal puts spotlight on oil pricesA multi-trillion dollar spending push designed to diversify the economy's sources of income will require state companies to cut the dividen...
- LIC listing, IDBI Bank stake sale may be postponedThe government currently owns 100 per cent in LIC, while it holds around a 46.5 per cent stake in IDBI Bank.
- Coronavirus takes a toll on India's $29-billion privatisation driveIn FY20, the govt fell short of its divestment target after failing to complete sale of Air India and BPCL.
- IOC, other PSUs not to bid for BPCL, hints Oil Minister Dharmendra PradhanThe Cabinet on Wednesday decided to sell the government's entire stake in the country's second-largest state refiner BPCL and India's large...
- BPCL, Concor sale to bring $15-20 bn to fisc: Saurabh MukherjeaFinance Minister Nirmala Sitharaman is doing a stellar job under difficult circumstances.
- BPCL privatisation: Pradhan says no role of govt in business; competition to benefit consumers"The role of the government should be to create policy framework guarantees "affordability, accessibility, sustainability and security" of ...
- BPCL Nationalisation Act repealed; way clear for privatisationPrivatisation of BPCL will shake up the fuel retailing sector long dominated by state-owned firms.
- Expect 50 bps rate cut from RBI in Oct: Andrew Holland, Avendus CapitalThe government has to do something with the fiscal policy and help kickstart economy.
- George Fernandes: The minister who threw Coca-Cola out of India, stalled HPCL privatisationFernandes, who was also the NDA convener, was often used by others in the ruling alliance to train guns on the then Disinvestment Minister ...
- Israeli airline drops plea against Air India flights via Saudi airspaceThe Air India flight between Delhi and Tel Aviv flies over Saudi and Omani airspace, two countries with which Israel doesn't have diplomati...
- Review meeting on draft Haj policy on Nov 2Prior to that, the HCI and Haj committees from states and Union Territories (UTs) are scheduled to discuss the draft policy at two separate...
- Quick reforms must for growth pick-up: Vedanta chairman Anil AgarwalAgarwal wants Modi govt to forge ahead rapidly on policy changes, dismantle controls and provide a level playing field for private enterpri...
- Bidding for privatisation of 6 airports deferred againThis is the third postponement since November last year when the process was formally started, official sources said today.
- Process of privatising 6 airports postponed againThe process of privatising six airports developed by Airports Authority of India (AAI) including Kolkata and Chennai has once again been po...
- Commercial aviation sector to grow by 9 per cent: ReportThe commercial aviation sector in India and the Middle East is expected to achieve overall annual growth of 9 per cent and 10 per cent.
- India slips in global business climate rankingIndia has slipped 13 places to 64th rank in a global list that measured business climate in 121 countries. The 10 top challenges for India ...
- Saudi Telecom on a bidding spreeSaudi Telecom (STC) announced Saturday it will bid to acquire 26 percent of Kuwait's third mobile company, which is expected to start opera...
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