Page 22 - Privatisation

Privatisation may affect SCI's decision-making powers, shipping market

In April 2003, the Cabinet Committee on Disinvestment had decided to suspend any divestment in SCI.

1.5 mn power sector employees plan strike on Jan 8 against privatisation

They say amendment to Electricity Act, 2003 will also impact farmers and weaker sections of society

BPCL stake sale shows govt's change of track on disinvestment, says CEA

The CEA's views came amid questions over stake sale in profit-making PSUs

Plans to privatise BPCL suicidal for nation, says PSU officers' union

The officers union was not opposed to private competition but they should not be handed on a platter assets set up over years.

Divesting it right

The first deal will clear the path for many more. It will also be the toughest to execute

Privatisation to the rescue: But will it work? Here's how it can be made to

The Modi govt is strong enough to override the resistance that has come from some quarters, but it should be mindful of reputation risks in decisions on complex financial questions, writes T N Ninan

BPCL privatisation: Govt has no business to be in business, says Pradhan

Currently, 95 per cent of retail petrol and diesel sales and near 100 per cent of cooking gas (LPG) and kerosene sales are controlled by the public sector units.

PM Modi brings India's economy into focus amid privatisation push

After winning a second consecutive term, Modi is realizing his popularity and support going forward hinges on passing tough reforms that unleash growth and create jobs

Despite criticism, govt digs in heels for privatisation of Air India, BPCL

DIPAM is in the process of appointing transaction and legal advisors for BPCL, Concor, and SCI

GDP is an imperfect measure of economic performance, says Jairam Ramesh

It is a reflection of the changed circumstances in India over the last 25 years that we are not accepting a growth rate of 5 per cent

GDP growth slows to 4.5% in Q2 as manufacturing, services disappoint

Private consumer spending grew by 5 per cent year-on-year, improving slightly from the previous quarter

BPCL stake sale a test case for Modi govt's second shot at privatisation

Here are some of the issues on the table

Airport privatisation: AAI unions to hold protest march in Delhi on Nov 28

Last year, the government had decided to privatise airports in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati

Congress slams govt for corporation tax cut, privatisation overdrive

Congress leader Anand Sharma also said that the non-performing assets' level of Indian banks had gone up to Rs 11 trillion, from Rs 3 trillion

Moody's places BPCL under review for downgrade over privatisation

Moody's rating action assumes that BPCL's status as a government-owned entity in India will continue until at least the conclusion of the proposed sale

Letter to BS: Govt's strategic sale move will fetch a few positive results

Privatisation is at the centre of any move to liberalise the economy, more so, if we want to become a developed country one day

Govt's privatisation plan may end complex cross-holding in oil PSUs

According to reports, all oil sector PSUs would be asked to exit from their investments made in equity shares of other state-owned entities

Railways to outsource onboard services, no large-scale privatisation plans

In reply to a query in the Rajya Sabha, the ministry said that while private players will be allowed to run trains, the responsibility of its safety lay with the railways.

Biggest privatisation drive: Here's how govt plans strategic sale of 5 PSUs

The Centre hopes that disinvestment proceeds will make up for some of the revenue shortfall that is expected this year

Privatisation push: Cabinet approves strategic sale of BPCL, 4 other PSUs

Finance Minister Nirmala Sitharaman said privatisation of BPCL will be without the company's equity shareholding of 61.65% in Numaligarh Refinery in Assam