privatisation

The government is temporarily freezing the proposed sale of AAI's stakes in the private joint ventures operating the airports at Delhi, Mumbai, Hyderabad and Bangalore. Reason The finance ministry has decided to defer for now the…

Govt Will Sell One Insurance PSU To Private Firms: Successful LIC IPO Is The Reason? The government may privatise one of its general insurance companies this year after the LIC IPO. The Ideal Candidate It will begin work on…

The government was in favour of reviving it. The Minister of State (MoS) for Communications Devusinh Chauhan told the Parliament that there is no plan to disinvest or privatise BSNL. No Privatisation Planned He said that there is…

The government may also give up its entire stake in select banks to garner investors’ interests. The government is unlikely to introduce a Bill in the ongoing Budget session to facilitate the privatisation of two public-sector banks…

There’s a total of 1,40,713 vacancies. Railway Minister Ashwini Vaishnaw reassured that the government has no plans to privatise the Indian Railways and that opposition parties’ related concerns are hypothetical. He also spoke on the…

Sitharaman had announced privatisation of two state-owned banks in Budget 2021-22. DIPAM Secretary Tuhin Kanta Pandey said that PSU employees need not fear loss of their jobs due to privatisation. He said that the government has to…

Tata Will Spend Rs 12,100 Crore To Acquire 93.7% Stake In This Public Sector Steel Plant (Full Details) It’s the wave of privatization in the country. Recently we witnessed the homecoming of Air India. Now it’s the same Tata only who…

Tata Group Will Become Official Owners Of Air India On January 27th: India's Biggest Aviation Coup! The divestment of Air India is one of the most awaited events in recent times. And after overcoming a series of troubles, the long saga…

Bharat Petroleum Can Be Sold For Rs 90,000 Crore? Vedanta Puts This 'Pricetag' On Bharat Petroleum In recent times the government of India has been trying aggressively to sell some of the assets it owns. This has been in line with PM…

The transaction was scheduled for completion by March 2022. The government has halted the privatisation of Central Electronics Ltd (CEL) after the employees union took to the court to air their protests. Sale Put On Hold The…