Latest News on Privatisation
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Privatisation - Total results - 84
Apr 26, 2018
Disinvestment-bound Air India on a hiring spree; to induct 270 co-pilotsOngoing privatisation and mounting losses have not deterred the flag carrier Air India from adding to the already-bloated workforce,as it's in the process of hiring around 270 co-pilots in the reserved category
Apr 19, 2018
Time not ripe for large scale privatisation of public sector banks: SBI chief Rajnish KumarPrivatisation has not always worked well, and ownership does not matter as there are both good and bad companies in both private and public sectors, SBI Chairman Rajnish Kumar said
Apr 10, 2018
Govt pulls out preliminary information memo inviting bids for Pawan Hans Helicopters saleThe government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans, after failing to attract enough bidders
Mar 30, 2018
Air India privatisation: IndiGo sole domestic carrier eligible to table solo bid for ailing airlineHowever, IndiGo, the first to express an interest in acquiring national carrier Air India, will have to meet some conditions when it puts down a solo bid.
Mar 25, 2018
Arvind Panagariya suggests political parties should mention privatisation of PSBs in manifestos in 2019Former NITI Aayog vice-chairman Arvind Panagariya has made a strong case for privatisation of public sector banks with the exception of SBI, saying that political parties serious of forming the government in 2019 should include the proposal in their manifesto.
Feb 27, 2018
Nirav Modi fraud: 5 reasons why SBI chairman Rajnish Kumar is wrong about PSB privatisationPrivatisation may not be a panacea for the problems of state-run banks but it can lift them to a better operational environment and more importantly leave these banks fight in the market competition where only the fittest survives
Feb 21, 2018
Govt making new list of sick units for strategic stake sale, says Niti Aayog CEO Amitabh KantThe govt expects to raise Rs 80,000 crore from PSU disinvestment in the next fiscal, lower than Rs 1 lakh crore raised this financial year
Feb 01, 2018
Budget 2018: Arun Jaitley reveals govt mops up Rs 1 lakh cr via divestment this year; aims Rs 80,000 cr in FY19The government reduced stake in several PSUs this fiscal, including EIL, NTPC, NALCO and OIL.
Nov 28, 2017
Pradeep Singh Kharola as Air India CMD: Quick changes at top give out mixed signals on stake saleWith so many questions and few answers, what will the appointment of yet another bureaucrat as Air India CMD do? Won’t his hands be tied to the eventual fate of the disinvestment process, hindering day-to-day decision making?
Nov 22, 2017
Not just power lines, railways needs to privatise more to generate funds, meet investment needsWhy does the railways not look at getting private operators to run trains as well? Why shy away from privatising the transporter in totality?