Showing of 1-20 result
-
29-Sep-2022 | Nikunj Ohri & Arup Roychoudhury
Centre in 'mission mode' to fill job vacancies in govt depts and ministries
The centre is also pushing PSUs to ensure timely filling up vacant posts, including the ones reserved for socially backward classes
-
28-Sep-2022 | Nikunj Ohri
Govt stops sale of Central Electronics to Nandal Finance over legal issue
The case pending against Nandal Finance is a winding up petition filed by RoC over allegations of money laundering
-
28-Sep-2022 | Nikunj Ohri
Steady trend: PSUs hit 34% of capex target in April-August, shows data
The centre through government departments and PSUs has been lifting the economy through capital spending as investments from private sector lag.
-
27-Sep-2022 | Nikunj Ohri
Telecom may be first strategic sector to be picked up for privatisation
According to the centre's PSE policy announced in 2021, the government aims to maintain 'bare minimum' presence in strategic sectors that include energy, telecom, power, banks, and minerals.
-
26-Sep-2022 | Nikunj Ohri & Shreya Jai
Beat sectoral returns by 5 percentage points annually, PSUs told
PSUs have also been told that the dividend distributed by them would also be considered to evaluate their performance on this parameter
-
23-Sep-2022 | Nikunj Ohri
LIC plans to increase agent strength by 40%, ramp up HR systems
India's largest insurer is also looking to revamp its human resources systems in its drive to make the oldest insurance company more technologically advanced, said people aware of the development
-
20-Sep-2022 | Bhaswar Kumar, Nikunj Ohri & Arup Roychoudhury
Is the govt going slow on privatisation?
Barring Air India, the govt has made little progress on the disinvestment front. But, why? This report offers a peek into the government's disinvestment drive and tells why it is in the slow lane?
-
19-Sep-2022 | Shreya Nandi & Nikunj Ohri
Currency internationalisation: India pushes for rupee trade with Cuba
In July, the RBI had unveiled a mechanism to settle international transactions in rupee to promote the growth of global trade, with emphasis on exports from India
-
19-Sep-2022 | Nikunj Ohri
Govt starts works on sale of 4 Air India subsidiaries it retained
Ground-handling arm would be monetised first; investor roadshows for all companies organised
-
19-Sep-2022 | Nikunj Ohri
Centre's fund infusion into RRBs to hinge on viability plan execution
Financially-strong RRBs have been sent reminders to explore listing of their shares on the exchanges to raise capital
-
15-Sep-2022 | Nikunj Ohri
PSU units' privatisation to require extensive due diligence, clearance
As per the process for privatisation of PSU units, minority sale and stake sale in JVs shared by the DIPAM, boards will recommend mode of transaction to their administrative department
-
14-Sep-2022 | Nikunj Ohri
LIC taking steps to transform corporate governance: DIPAM Secretary
Some of these steps include improving LIC's 13th month and 25th persistency ratio, which is less than its peers
-
14-Sep-2022 | Nikunj Ohri
Banks exempt from 10% TDS on one-time loan settlements, waivers: CBDT
Issue of bonus and rights shares too will not require tax to be deducted under a section introduced in the Union Budget
-
12-Sep-2022 | Nikunj Ohri
Defence PSUs to hold roadshows in Dubai, Abu Dhabi to woo investors
These will set the stage for future stake sale by the government
-
12-Sep-2022 | Nikunj Ohri
J&K Bank to increase exposure to corporate borrowers, PSUs: MD Prakash
In a Q&A, Baldev Prakash said the lender will also target Mumbai, Bengaluru, Delhi, Pune and Mohali through tie-ups, and hold campaigns for retail asset/liability products in order to improve its CASA
-
12-Sep-2022 | Nikunj Ohri
Irdai mulls SFIO-like independent agency to probe cases of insurance fraud
Insurance Fraud Investigation Agency proposed via Insurance Act amendment
-
09-Sep-2022 | Nikunj Ohri
Crackdown on illegal loan apps: RBI to make 'whitelist' of legal platforms
MeitY will ensure only authorised apps are hosted on app stores; all ministries to take possible action
-
07-Sep-2022 | Dhruvaksh Saha & Nikunj Ohri
CCEA revises Railway's industrial land lease policy; lowers fee to 1.5%
Move likely to pave way for Concor's strategic sale
-
07-Sep-2022 | Shreya Nandi & Nikunj Ohri
Top public sector banks may soon end wait on trade settlement in rupee
Finance ministry to meet stakeholders on Wednesday
-
06-Sep-2022 | Nikunj Ohri
Divestment drive: Govt looks to privatise PSUs in fertiliser sector
According to the PSE policy, 2021, the government will look at leaving non-strategic sectors, such as fertiliser, steel and tourism, by privatising or closing PSUs
