privatization

In a bid to improve the quality of services provided to tourists visiting Chhattisgarh, the state government has decided to invite bids for over 20 state-owned resorts and motels in the state from private investors. The heavily…

Govt Determined To Sell Two Govt Banks To Private Investors: Are They Central Bank of India and Indian Overseas Bank? The Center is planning the privatization of two public sector banks (PSBs) and is all set to take appropriate steps in…

Almost two years ago, railway ministry floated tenders inviting private entities to operate passenger trains, but it looks like the plan is put on the back burner. Decision Taken Looking The Global Experience This decision has…

Currently, 100% of the R&D budget of Railways lies with the public sector. The Minister of Railways, Communications and Electronics & Information Technology Ashwini Vaishnaw, in a concluding session of a post-Budget webinar on…

82,000 Govt Employees Protest Against Privatisation Of This State Electricity Board Against the privatization of the power sector, the Maharashtra State Electricity workers, officers and engineers, Sangharash Samiti is planning to…

Still No Clarity From Govt Over Privatization Of PSU Banks: Which Banks Will Be Sold Off? The government has yet not decided on public sector banks privatization, according to the Minister of State for Finance Bhagwat Karad as he…

17,000 ONGC Officers Oppose Privatization Of Biggest Oil Reserves: Find Out Why? The latest development reveals that the officers union of the company has given a strong resistance to the petroleum ministry's proposal to give away…

Confirmed: Govt Will Sell These 6 PSUs To Private Firms Before March 2022; Bidding Starts India's Union government is considering privatization of the five or six companies in the current financial year of 2021-22 which includes…

Govt Wants To Sell PSU Banks To Foreign Investors, NBFCs Like Bajaj Finance, Shriram Capital Reportedly, the Centre and the Reserve Bank of India (RBI) are having discussions over a special framework for facilitating privatization of…

To facilitate the strategic disinvestment of Bharat Petroleum Corporation Limited (BPCL), the Finance Ministry has added a new provision to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019. How Does This Help? …