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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...
Mumbai realty market defies gravity, but early signs of shift emergeMumbai's property market recorded its best April in over a decade, surprising observers with record housing registrations. This resilience ...
HAL appoints Kota Ravi as Chairman and MD as D K Sunil steps downRavi K has been appointed as the 22nd Chairman and Managing Director of Hindustan Aeronautics Limited, succeeding Dr. D.K. Sunil. With over...
Govt rethinking disinvestment plan? Finance Minister Nirmala Sitharaman sets the record straightFinance Minister Nirmala Sitharaman confirms the government's commitment to privatisation and disinvestment, emphasizing their cabinet-back...
Three state insurers may get Rs 5,000-cr infusion for revivalThe Indian government may delay the planned privatisation of state-run general insurers, instead focusing on strengthening three insurers -...
Privatisation of Pakistan International Airlines schedule for early August: ReportsIn the upcoming privatisation of Pakistan International Airlines, Finance Minister Muhammad Aurangzeb and Coordinator to Prime Minister Sha...
India set to miss divestment targets yet again, this time by more than half: ReportIndia may fall short of its divestment goal by Rs 30,000 crore in 2023/24, according to government sources. The government had targeted Rs ...
Irdai weighs proposal to privatise Insurance Information BureauSet up in 2009 as an advisory body, IIB collects transactional data from insurers for different lines of business, and produces periodical ...
BPCL winds up data room after govt puts off privatisationBPCL had in April last year opened a virtual data room, mostly containing financial information on the company, for the qualified bidders s...
Govt yet to decide on banks to be privatised, say MoS Finance Bhagwat Karad"As per inputs received from Department of Investment and Public Asset Management (DIPAM), the government has not yet decided on the banks ...
China asks Didi to delist from US on security fearsProposals under consideration include a straight up privatisation or a share float in Hong Kong followed by a delisting from the United Sta...
Centre considering United India, GIC Re for privatisationGIC Re, of which the government holds 85.78%, is listed. Apart from United India, the government has three other general insurance companie...
Uttar Pradesh government withdraws privatisation plan for electricity distribution companiesAs per the agreement signed after the meeting held by state power minister Shrikant Sharma and its finance minister Suresh Khanna, Uttar Pr...
Privatisation good news for BPCL, bad news for 2 other oil retailing PSUs: Ajay SrivastavaPSU privatisation great for shareholders, govt must run a good process to get good value.
Home ministry issues social media norms for government employeesClassified data should be encrypted before copying into the removable storage media, the MHA note says.
Privatisation: A bad solution for India’s banking problemsThe current PSB recapitalisation plan announced by the government, amounting to Rs 2.11 lakh crore over two years, would account for less t...
Tata Sons-Singapore Airlines carrier plans to launch operations by June next yearTata Sons will hold 51% stake in the airline while the rest will be held by SIA. The two partners plan to initially invest $49 mn into the ...