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DEFENCE PRIVATISATION
8th Pay Commission, OPS and rising court cases: 7 issues key central government employee body raised in its 49th annual meetThe 49th annual meeting of the NC-JCM, presided by Cabinet Secretary TV Somanathan, addressed key central government employee concerns. Dis...- Hindustan Zinc to evolve from silver, zinc to multiple critical minerals, says Chairperson Priya Agarwal HebbarHindustan Zinc is transforming into a multi-metal and critical minerals platform, aiming to reduce India's import dependence. The company a...
- 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...
- Pakistan's national airline posts first annual profit in two decadesPakistan International Airlines (PIA) has reported its first annual profit in over two decades, achieving PKR 9.3 billion in operating prof...
- India government must set moderate divestment targets, says DIPAM secretaryThe Indian government has set a 650 billion rupee ($7.89 billion) divestment and privatisation target for 2022/23, out of which it raised 2...
- Centre makes renewed bid to complete privatisation of PSUsOwing to pandemic-led disruptions, the process has been delayed for quite a long time now, therefore, the govt has decided to provide a fre...
- Litmus test passed, how the government can 'Air India' the restThe maharatnas - Bharat Heavy Electricals (Bhel), Coal India (CIL), Gail (India) (formerly Gas Authority of India), Indian Oil Corporation ...
- Government in no hurry for big PSU selloffs over market appetiteBesides, the government is wary of a massive private sector role in the economy, fearing it may result in a situation similar to “oligarchi...
- RSS-affiliated trade union announces countrywide protest against privatisation of PSUs"The government is trying to justify the privatisation of PSUs as it needs money to run the government machinery," the BMS said. "It has no...
- Govt moving in wrong direction, has dearth of ideas: BMSThe Union minister on Saturday announced the easing of limits on foreign direct investment in defence manufacturing, privatisation of six a...
- FM Nirmala Sitharaman announces reforms in eight key sectorsFDI limit in defence production through automatic route has been increased to 74% from 49%, while private sector participation has been all...
- View: India must tap private sector for closing tech gap with global military powersDefence production and R&D will not make the desired leap unless MoD proactively supports the private sector in manufacturing and R&D, and ...
- No proposal to privatise Ordnance Factory Board: Defence Ministry"Rumours being spread that OFB is being privatised are misguiding and with the intent to mislead workers," the ministry said in a statement.
- Mamata Banerjee writes to PM Narendra Modi to reverse corporatisation of ordnance factoriesMamata's missive comes in the backdrop of the Centre's bid to corporatise all the ordnance factories of the country.
- Civilian defence workers to join September 2 strikeThe civilian workforce of 41 defence ordnance factories, 52 DRDO labs, naval dockyards, military engineering services as well as defence wo...
- Opposition slams rail budget"The government is attempting to raise the FDI limit in defence sector to 100%. This is nothing but to sell out the country," said Mamata.
- Snarls in reforms drive leave Shourie fumingIndian industry and economists were grappling on Thursday with a slew of attacks on a decade-old reforms process that threatens to derail t...
- George, Naik, Joshi discuss disinvestment of oil PSUsThe issue of disinvestment of oil PSUs is believed to have come up for discussion on Wednesday at a high-level meeting of NDA convenor and ...
- Sell-off: PM calls meet ahead of CCDThe Prime Minister will chair an informal meeting of key ministers on Saturday, ahead of the Cabinet Committee on Disinvestment, slated to ...
- Fernandes meets Advani on disinvestment issueAs part of a move for evolving a consensus on the disinvestment issue, Defence Minister George Fernandes on Thursday met Deputy Prime Minis...
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