Debt-ridden Pakistan readies to privatise all state-run companies, except strategic ones: Reports
Islamabad: Debt-ridden Pakistan has decided to privatise all state-run enterprises, except strategic ones, broadening its earlier decision to offload stakes only in loss-making companies, media reports said.
Govt has no plans to privatise MTNL: Minister Devusinh Chauhan
New Delhi: The government has no plans to privatize Mahanagar Telephone Nigam Ltd (MTNL), Minister of State for Communications Devusinh Chauhan has said, putting an end to speculations that the loss-making telecom company would be up for sale.
Nationwide bank strike enters day two, UFBU to decide next course of action
Hyderabad/UNI: The two-day nationwide strike called by the United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions, in protest against the Centre's proposed privatisation of Public Sector Banks (PSBs), entered the second day on Tuesday.
Indian Govt to reduce public sector banks from 12 to 5 : Report
New Delhi/IBNS: The Indian government has decided to privatise more than half of public sector banks to reduce their number to just four or five, a Reuters report said.
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman in the fifth and final process of unveiling the 20 lakh crore 'Atma-Nirbhar Bharat' fiscal package to revive the economy in the aftermath of coronavirus outbreak, announced on Sunday that an additional 40,000 crore will be spent on the MNREGA scheme.
India gives push to privatisation in detailing fourth tranche of Rs. 20 lakh crore economic package
New Delhi/IBNS: Indian Finance Minister Nirmala Sitharaman's fourth press conference on Rs. 20 lakh crore economic package, dubbed as a package to build "Aatmanirbhar Bharat" or "Self-reliant India", was largely concentrated with the Narendra Modi government's push to privatisation in multiple sectors through reforms.
New Delhi, Feb 1 (IBNS) : Union Finance and Corporate Affairs Minister Arun Jaitely, while presenting the General Budget 2018-19 in Parliament on Thursday, said that the Government has initiated the process of strategic disinvestment in 24 CPSEs including strategic privatization of Air India.
Bank activities paralysed as employees go on one-day strike today
New Delhi, July 29 (IBNS) : Employees of most of the private and state-run banks across the country struck work on Friday bringing to a halt all transactions.