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PSU LAND DISPUTES
Delhi Gymkhana Club has MF investments worth Rs 200 crore, earned more from food and parties than sports: Financial reportDelhi Gymkhana Club saw its surplus surge nearly ten times to Rs 9.5 crore in 2023-24. Restaurants, bars, and banquets drove this revenue g...
HMT land bank may be monetised as AI clustersIndia is preparing a plan to use land owned by HMT Ltd for artificial intelligence clusters. HMT has a large land bank across several state...
NBCC shares rise 9% in just two trading sessions! What’s fuelling the rise today?NBCC shares surged 3% to Rs 126 following a settlement with the Delhi government over a 42.46-acre land parcel, granting the PSU developmen...
Mining royalty case in SC: Centre says PSUs' burden would top Rs 70,000 cr if ruling made effective retrospectivelyThe Central government opposed states' plea in the Supreme Court for a refund of royalty levied on mines since 1989, arguing it would burde...
Govt plans panel to help resolve state-owned firms' land disputes: SourcesThe move, part of a renewed push by Prime Minister Narendra Modi's govt to slim down the public sector, would help the government monetise ...
Decriminalise GST law, slash personal income tax rates in Budget: CII to govtIndustry body CII has pitched for a reduction in personal income tax rates, decriminalisation of the goods and services tax and a relook at...
CCEA approves one-time option to PSUs to surrender non-operational coal minesThis may release several coal mines which the present Government PSU allottees are not in a position to develop or are disinterested and co...
Decoding the fine print of Nirmala Sitharaman's 'no harm' BudgetThe FM’s third Budget tackles the considerable wishlist of industries and consumers that were impaired by the Covid-19 pandemic, while ackn...
Steel ministry wants to put off sale of NMDC's Chhattisgarh steel plantThe Nagarnar plant was among a number of state-run companies the government had identified for strategic disinvestment.
Narendra Modi government mulls shifting projects from Gandhi forts of Amethi, Rae Bareli“In the previous govt, decision-making was done taking into account what mileage will be gained from setting up a PSU in a particular locat...
Nilesh Shah's Budget: Mr FM, bring in super rich tax, monetise resourcesIf Budget proposes to raise money by monetising assets from land, natural resources and investment in SUUTI, the economy will be positively...
Government unable to shut five sick PSUs despite cabinet clearanceWhile approving the roadmap for the closure, the cabinet had said the employees should be given voluntary retirement scheme at the latest s...
Budget 2015 needs to come up with innovative funding means for infra sector: Hiren Ved, Alchemy Capital"Existing infra players are debt-laden. That is one reason why the sector is not picking up. The de-leveraging cycle is not yet fully over."
Coal Ministry says taking steps to boost coal suppliesThe annual target of the coal production for the current fiscal has been increased to 630.25 million tonnes.
Why we should not have any unrealistic expectations from the NDA Budget"Beyond those 10 points, the government also needs to restore the somewhat more intangible aspect of government being credible," says Bibek...
TDSAT rejects BSNL's plea on call data record requestTDSAT today dismissed state-run BSNL's plea to direct Reliance Communications and Tata Tele Services to furnish the Call Data Record of the...
- India should be cautious about bilateral trade pacts
New Delhi should be cautious about such trade pacts in view of diverse rulings by the ICC on investors’ rights.
- SAIL hopeful of mining in Chiria by 2012-13
SAIL today said it is hopeful starting mining iron ore from Chiria reserves in Jharkhand by 2012-13 for which it has got forest clearance.
- Railways found lacking in maintaining land records
Despite facing encroachment problem, railways was found to be lacking in maintaining land records, a parliamentary committee has found.
- Gas from neighbours via WTO pipeline?
India’s policymakers are discussing the pros and cons of using a likely WTO agreement to make it mandatory for neighbouring Pakistan and Ba...