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CORPORATISATION REFORM
Corporate India gets a call of duty and it's raring to goIn a dynamic shift, India's defence industry is witnessing a groundbreaking transformation where private corporations are spearheading pivo...- Karnataka state planning panel proposes reforms for KSFCKarnataka State Financial Corporation is set for a major transformation. The Karnataka State Policy and Planning Commission has proposed a ...
- Op Sindoor legacy: India moves from borrowing muscle to becoming a source for global playersIndia's defense sector is experiencing a historic upswing, with exports surpassing 38,000 crore rupees. This surge is directly linked to th...
- Reorganisation of OFB units into defence PSUs delivered remarkable results: CentreThe corporatisation reform of the Ordnance Factory Board (OFB) has shown significant positive outcomes. The reorganisation of 41 OFB units ...
- New Ordnance company hit record Rs 3,500 crore exportOrdnance Factory Board's seven new companies achieved record exports. They also attained healthy profitability after corporatisation. These...
- Dept of defence production issues notification for reorganisation of DGQAThe ministry said in a major reform towards "ease of doing business and to achieve 'Aatmanirbharta' in defence", the Department of Defence ...
- View: Indian defence sector waking up to the call of hourIf Atmanirbharta has to be promoted then it should not distinguish between the public sector and private sector. Both will create jobs and ...
- View: A corporatised Ordnance Factory Board is in alignment with Atmanirbhar BharatGlobal competitiveness demands lean, thin and effective organisations that have management skills of global standards with minimal governme...
- Ordnance Factory Board corporatisation cleared, to be split into seven companiesThe long pending plan, which was mooted almost two decades ago, was cleared by the Union Cabinet on Wednesday and will lead to greater acco...
- An accident a week: Faulty OFB ammunition takes a heavy toll on the Indian ArmyData analysed by the army shows that at least 403 accidents have taken place due to faulty ammunition since 2014, most of them suffered by ...
- In defence of business: Why corporatisation of ordnance factory structure is not a bad ideaIndia is one of the biggest importers of defence equipment in the world, which suggests that the armed forces prefer buying from foreign su...
- View: Corporatisation of ordnance factories will unshackle defence manufacturing from its torporIn its present form, OFB has scant autonomy in administrative, financial or other decision-making matters. Once unshackled through corporat...
- View: The answers to India's post-Covid revival go beyond public spending and macro remediesWithout denying the need for governments to spend more to prevent a humanitarian catastrophe, we have failed to ask ourselves a more basic ...
- Separate budget for Indian made defence items, negative import list: FM Nirmala SitharamanIndia would also expand the list of weapons that can not be imported, the finance minister said.
- Budget 2015: We will be the first to get corporatised, says Jawaharlal Nehru Port Trust's NN KumarKumar also hailed announcements to improve the PPP model as well as the thrust on infrastructure, saying this will help the port.
- Link public support to Railways with reforms: Eco SurveyThis impetus has the potential to boost greater private investment and do so without jeopardising India's public debt dynamics.
- Food and grocery prohibiting corporatised retail growth: TechnopakCorporatised retail currently accounts for 8% or $37 bn to Indian retail. Food and grocery contirbutes 3% to corporatised retail share curr...
- Modern retail to help sector clip at 6 per cent CAGR till 2023: ReportBuoyed by growth in modern retail and alternate channels like e-retail and home-shopping, the retail sector is projected to grow at 6%.
- Punjab seeks six months extension for PSEB unbundlingThe Punjab government has sought another six months from the Centre for corporatisation of Punjab State Electricity Board (PSEB), saying th...
- Amendment in SCRA, I-T Act likely in BudgetAs part of capital market reforms, the government is planning to amend Securities Contract Regulation Act, Income Tax Act and Stamp Duty Ac...
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