PUBLIC SECTOR UNDERTAKING
View: The long trail of budget fudges and why 2020 must make a fresh start
For too long, govt spending and borrowing have been hidden by fudging. It's time India took note of that.
General strike: Banking services hit, normal life affected in Kerala, WB, Assam
Most of the lenders had informed their customers in advance a...
Mazagon Dock gets Sebi go-ahead to float IPO
The public sector undertaking had filed draft papers with the Sebi in August seeking clearance.
India's auto sector: Traversing a road with many bumps
Auto Inc's been battling high tax and weak sentiments. It is high time for incentive-based scrappage policy.
Looking at PSU stocks? Careful, it can’t be a buy-and-forget strategy
For stock investors, it is important to look at the industry outlook before picking up stocks.
NTPC tender receives tepid response from developers
NTPC’s last wind tender, which was conducted in August last year, also has problems. It was a 1,200MW tender where winning tariffs were in the range of Rs 2.77-2.83 per unit. The next bid submission date has not been announced yet, sources said.
ABSL Mutual Fund launches Aditya Birla Sun Life PSU Equity Fund
The scheme will invest predominantly in companies where the government is a majority shareholder with at least 51% shareholding.
View: What India needs is a corporate bond market, not a new DFI
The demand for a term-lending institution to fund infrastructure is pure nostalgia and has little to grounding in reality.
BEML sets up bogie traction motor run test facility for Metro
BEML so far supplied 105 cars for conversion into 6-car train sets and balance are being delivered progressively by June 2020.
Only 1 agency to do majority of public sector recruitment through single exam: Centre
The Union Public Service Commission (UPSC) conducts civil services examination annually to select officers of Indian Administrative Service (IAS), Indian Foreign Service (IFS), Indian Police Service (IPS) and Indian Forest Service (IFoS), besides other Group A and Group B (gazetted) services.
India Inc garners Rs 8.7 lakh crore from markets in 2019, debt preferred route
There will be good appetite for debt markets in the new year too due to falling interest rates.
Fuel supply by Coal India to power sector drops 9% to 291 MT in April-November
The world's largest coal miner had supplied 320 million tonnes (MT) of coal in April-November period of the previous fiscal, according to latest government data. The fuel supply by Coal India (CIL) during the month of November also registered a decline of 9.9 per cent to 38.8 MT, against 43.1 MT in the corresponding month of previous fiscal, the data showed.
Govt targets Rs 300 crore from RailTel IPO by Sep
The Cabinet in December last year approved initial public offering (IPO) of RailTel Corporation India by diluting up to 25 per cent government stake.
How this Kerala cooperative in the infrastructure sector has become a role model
The ULCCS employs over 12,000 people, saw revenue of Rs 1,100 cr in 18-19, and projects worth Rs 2,700 cr.
RSS-affiliated trade union plans agitation against government PSU policies
BMS, the RSS-affiliated trade union is planning hold a large agitation in New Delhi in January 2020, to oppose government policy of disinvestment and privatisation.
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