Nikunj Ohri

All stories by Nikunj Ohri

Govt to bring in legislation to regulate crypto currency

Govt to bring in legislation to regulate crypto currency

Rediff.com7 days ago

Operationalising the ban is being fleshed out: it will entail which cryptocurrencies will be banned and how.

Govt to sell 20% in National Fertilizers, could rake in Rs 410 cr

Govt to sell 20% in National Fertilizers, could rake in Rs 410 cr

Rediff.com11 Feb 2021

The government has revised its divestment target downwards from Rs 2.1 trillion, as its ambitious privatisation programme has been deferred to next year.

Govt set to divest stake in defence PSUs Garden Reach, Mishra Dhatu

Govt set to divest stake in defence PSUs Garden Reach, Mishra Dhatu

Rediff.com9 Feb 2021

The government is set to divest its shareholdings in defence PSUs, Garden Reach Shipbuilders & Engineers Ltd and Mishra Dhatu Nigam Ltd (MIDHANI). It will also divest its shareholding in BEML Limited, said Shripad Naik. Minister of State for Defence, on Monday. The government has invited preliminary bids to sell its 26 per cent stake in BEML along with transfer of management control.

How many firms are giving online app-based loans? Govt has no data

How many firms are giving online app-based loans? Govt has no data

Rediff.com9 Feb 2021

The Reserve Bank of India has issued several warnings that the public should not fall prey to such unscrupulous activities and verify the companies offering loans online and through apps.

Cabinet clears policy on PSU privatisation

Cabinet clears policy on PSU privatisation

Rediff.com28 Jan 2021

The policy was part of the Aatmanirbhar Bharat package announced by Sitharaman in May 2020 as a coherent policy where all sectors would be opened for private sector participation.

What Budget has in store for regional rural banks

What Budget has in store for regional rural banks

Rediff.com27 Jan 2021

RRBs were formed under an Act to provide credit to small farmers, agricultural labourers and businesses in rural areas.

How PSUs are caught between govt and markets

How PSUs are caught between govt and markets

Rediff.com25 Jan 2021

State-owned companies have been set stiff targets to increase accountability as they get ready for divestment. Nikunj Ohri explains why meeting them will be challenging.

Budget 2021: Centre set to launch e-platform to sell non-core assets

Budget 2021: Centre set to launch e-platform to sell non-core assets

Rediff.com14 Jan 2021

It is estimating that this would help monetise assets worth Rs 10,000 crore.

No getting away from surge in bank NPAs in new year

No getting away from surge in bank NPAs in new year

Rediff.com6 Jan 2021

About 50 per cent of the accounts that availed of the EMI moratorium amid the pandemic, which made things worse in an already slowing economy, are expected to be restructured, and of these accounts that would undergo restructuring, one-third, or Rs 6-9 trillion, could turn into NPAs.

Govt tries its luck again at selling Pawan Hans

Govt tries its luck again at selling Pawan Hans

Rediff.com9 Dec 2020

Interested buyers will have to submit EoI electronically by January 19, and will also have the option to buy entire 49 per cent stake held by Oil and Natural Gas Corporation in the helicopter service provider on similar price and terms.