IRCTC a high-growth play on internet & privatisation: Pankaj Murarka
Murarka of Renaissance Investment Managers says the paint sector should continue to do well in terms of volume growth, even as valuations for paints stocks look pretty expensive.
Privatisation may not cause big layoffs at BPCL: Top exec
State-run BPCL’s management does not expect major layoffs after the proposed privat...
IMG clears BPCL sale bid documents, to be issued after ministerial group nod
An inter-ministerial group has approved sale bid docs for privat...
View: Global realities might puncture Modi govt's privatisation plans
To plug the budget deficit, the decision to cash out is both politically plucky & fiscally pragmatic.
Govt shouldn’t strip assets before privatising: Anil Agarwal, Vedanta
“Major growth will come when privatisation and corporatisation of the public sector happen, because that would increase production capacity almost three times”
View: The success of govt's balancing act will depend on execution of the privatisation plan
The budgeted increase in asset sales is undoubtedly a win-win for GoI, and can help balance the twin objectives of macroeconomic stability and growth.
Air India privatisation: Employee unions to meet in Delhi
Various Air India employee unions will meet here on Monday to discuss proposed privatisation of the debt-laden airline, sources said.
Disinvestment of LIC, a wise move by government: Arvind Panagariya
"I believe that privatisation and tax simplification are big bold steps taken by the Govt. The disinvestment of LIC is also a wise move", sa...
LIC IPO a bigger privatisation agenda than piecemeal share sales: Gautam Chhaochharia
The global overhang is not supportive of Indian markets in the short term. In a day or two, the focus will shift away from Budget to other macro data prints as well as domestic earnings, says Head of India Research at UBS.
Budget does injustice to Maharashtra, Mumbai: Uddhav Thackeray
The budget presented by finance minister Nirmala Sitharaman was far removed from reality, said Thackeray, a former ally of the BJP. It does not support development of basic amenities in Mumbai and on-going metro projects in the megapolis, he said.
Government to disinvest LIC partially
The government has decided to get LIC listed on the markets. The announcement was made by Finance Minister Nirmala Sitharaman in her Budget Speech.
Air India’s buyer may have to bear cost of benefits to staff retiring post deal
The gratuity and medical liabilities would be in the range of Rs 180 crore per annum, which is about 0.6% of the total revenues as on date and would not cost the future owners a lot, according to the official. Air India has 16,077 employees, including 9,617 permanent employees that are entitled for gratuity and pensions.
Govt may privatise Indira Gandhi Udan Academy soon
Indira Gandhi Rashtriya Udan Academy (IGRUA), the pilot training institute that was the brainchild of former Prime Minister Rajiv Gandhi, will soon be in private hands with the Modi government deciding to privatise it.
Air India to set up internal panel to address privatisation-related issues of employees: Source
At a meeting between the minister and representatives of over a dozen Air India unions in New Delhi on Monday, the minister also "assured" the employees of full payment of their arrears, according to the source.
Dear FM, it'll be nice to see some Budget innovations to fund capex, create demand
On a headline basis, we expect fiscal deficits of 3.7%/3.4% in FY20/21, said Chhaochharia.
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