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SPACE SECTOR PRIVATISATION
Uzbekistan launches ambitious "Uzbekistan–2030" strategyUzbekistan has launched its Uzbekistan-2030 Strategy, a comprehensive plan for national reform and development. The strategy outlines 100 m...
Spacetech startup Pixxel raises $36 million in funding from Google, othersPixxel, founded in 2019, is building a constellation of satellites that have the ability to identify mineral deposits or the productivity o...
Privatisation of PSUs back on track after COVID-induced setback: DIPAM SecyThe mega initial public offering of LIC is expected by the end of the current fiscal, and the government is looking to collect Rs 50,000 cr...
Cabinet secretary-led panel holds crucial meeting on bank privatisationThe meeting of the high-level panel deliberated on the recommendation of the NITI Aayog on Thursday June 24, sources said, adding the panel...
PSBs looking at privatisation may come out with attractive voluntary retirement schemesFinance Minister Nirmala Sitharaman while unveiling Budget 2021-22 on February 1 had announced that the government proposed to take up the ...
Cut approval layers for faster privatisation: Niti AayogThere is a view that Cabinet has already approved the broader policy for privatisation of PSUs, which has been announced in the Budget, and...
Anand Mahindra backs space startup Agnikul CosmosAgnikul Cosmos, a space startup incubated at IIT Madras, is building a small rocket that can launch 100 kg satellites into low earth orbit.
The shape of India's selloff plan: 300+ PSUs may shrink to barely two dozenThe govt may reduce the number of public sector enterprises to just around two dozen, from over 300 at present, following the new policy th...
Departing from the past: Cabinet may soon consider big bang privatisation policyThe Department of Investment and Public Asset Management (Dipam) is expected to shortly finalise a draft that will designate various sector...
Space sector reforms not aimed at privatising Indian Space Research Organisation: K Sivan"When space sector reforms were announced by the government there were many misconceptions like it would lead to privatisation of ISRO. It ...
Divestment Plans: 18 sectors including coal, crude oil, power, telecom among others are ‘strategic’ for governmentThe 18 sectors have been classified into three categories, which are mining and exploration, manufacturing and services.
Need to divest stakes in public sector banks in graceful manner, says Viral AcharyaCiting the example of the South Asian crisis in 1997, he said that a large number of public sector banks in the region had to be privatised...
Hughes looking to retail satellite broadband in India following space sector privatisationThe government in June allowed the private sector to carry out space activities like building of rockets, satellites and providing launch s...
PSU stocks have no future; rallies cannot be justified by fundamentals: Elixir Equities‘Use every correction to build positions in pharma stocks’
Govt 'clear and unapologetic' about privatisation of PSUs: Sanjeev SanyalThe Cabinet also approved 'The Farming Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020' to ensure barrier free trad...
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...
Group of secretaries formed to see through privatisation of 6 airportsThe government’s focus is on the aviation space, and it has also launched a regional connectivity scheme to subsidise flights to the unserv...
Buy IDBI Bank, target Rs 110: Rakesh BansalBuy IDBI Bank Ltd. at a price target of Rs 110.0 .
PSBs have a role, needed to push infra growth: BBB ChiefRai, however, said that PSBs still have a role to play especially in supporting the infrastructure sector.
ASSOCHAM pitches for privatisation of PSBsBesides, the boards would then be much more professional and the independent directors would be truly independent, according to him.