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PRIVATISATION OF STATE COMPANIES
Gold rush missed: Can India dig its way out of import dependence?India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from...- $1,000,000,000,000: The larger story of Musk, the first trillionaire, lies not in wealth, but in power, tech and governanceElon Musk's trillion-dollar valuation marks a new era in capitalism. This unprecedented wealth reflects a changing dynamic between technolo...
- Maintenance lapse likely reason behind Air India engine fireAn Air India aircraft made an emergency landing after an engine fire. Preliminary investigations point to improper maintenance work. A nozz...
- State-owned AIESL eyes more international biz, enhanced servicing capabilities at its Nagpur MRO facilityAIESL, a state-owned MRO provider, is expanding its Nagpur facility. The company seeks to serve more international airlines and is pursuing...
- 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...
- India considering $12 billion plan to bail out state power distributorsIndia plans a massive bailout exceeding one trillion rupees for struggling state power distribution companies. To access these funds, state...
- 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...
- Budget 2024: Govt may tweak laws to push banking sector reforms in Budget sessionThe govt plans to introduce amendments to various banking laws during the Budget session to facilitate banking sector reforms, including pr...
- 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...
- Minimum public shareholding rule eased for privatised state-run companiesThe Securities Contracts (Regulation) Amendment Rules, 2022 was notified by the government on January 2. Following the notification, IDBI B...
- 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...
- Bill for privatisation of state-run general insurance companies gets Parliament nodThe upper house passed the legislation with a voice vote in the din, in a matter of minutes, with Finance Minister Nirmala Sitharaman not r...
- Multiple interests received for Pawan Hans: Govt“Multiple expressions of interest have been received for privatisation of Pawan Hans Limited. The transaction will now move to the second s...
- Power engineers, employees stage nationwide protest against privatisationIn the case of Chandigarh privatisation proposal, there is 100 per cent sale of the electricity department, then where will be the competit...
- 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...
- Pakistan to privatise 31 entities to meet IMF bailout clausePakistan has decided to sell at least 26 per cent shares of 31 state-owned entities, including PIA and Pakistan Railways.
- Poland launches plan to privatise 740 state companiesPoland plans to privatise more than 700 state-owned companies in the next four years in a drive aimed at increasing competition and innovat...
- Selloff: White elephants may sit pretty as populism rulesThe players have changed and so have the rules of the game, but anti-privatisation noise is showing no signs of dying down.
- Anti-privatisation: It's the same game, only the players have changedThe players in the arena have changed and so has the rules of the game, but anti-privatisation noise shows no signs of dying down.
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