News for 'Department of Divestment'

US may be banning TikTok, says Trump

US may be banning TikTok, says Trump

Rediff.com1 Aug 2020

India has banned as many as 106 Chinese apps, including TikTok, a move welcomed by both the Trump administration and the US lawmakers.

Sidhu resigns as Punjab cabinet minister

Sidhu resigns as Punjab cabinet minister

Rediff.com14 Jul 2019

Sidhu took to Twitter on Sunday, making public his resignation letter dated June 10 addressed to Congress 'president' Rahul Gandhi.

Amid tussle with Punjab CM, Sidhu loses key portfolios

Amid tussle with Punjab CM, Sidhu loses key portfolios

Rediff.com6 Jun 2019

Navjot Sidhu has been given power and new and renewable energy sources, and his tourism and cultural affairs portfolio has been given to Charanjit Singh Channi.

The men behind Sitharaman's 2nd Budget

The men behind Sitharaman's 2nd Budget

Rediff.com30 Dec 2019

Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.

India keeps selloff pot boiling

India keeps selloff pot boiling

Rediff.com13 Dec 2005

Is it safe to invest in PSU stocks?

Is it safe to invest in PSU stocks?

Rediff.com21 May 2019

Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer

Economy: Why Modi must be on guard

Economy: Why Modi must be on guard

Rediff.com20 Jul 2020

'The road ahead for the government's fiscal management will be full of many new challenges,' warns A K Bhattacharya.

Nationwide strike hits banking services of PSBs on Day 1

Nationwide strike hits banking services of PSBs on Day 1

Rediff.com15 Mar 2021

Banking operations including cheque clearance across the country got affected on Monday as bankers under the aegis of the United Forum of Bank Unions have gone on a nationwide strike to protest against the proposed privatisation of two state-owned lenders.

Budget likely to target Rs 70,000 cr from stake sales

Budget likely to target Rs 70,000 cr from stake sales

Rediff.com19 Feb 2015

Arun Jaitley will aim for jumps in other revenue streams for the government.

Cut the red tape and let private sector manage surplus govt land

Cut the red tape and let private sector manage surplus govt land

Rediff.com8 Mar 2021

Maybe Modi could ask a patriarch of the stature of the late G D Birla to flesh out the details of a new company to manage government land privatisation.

CBI chief sees 'anomalies' in Lokpal Bill

CBI chief sees 'anomalies' in Lokpal Bill

Rediff.com22 Jan 2014

Pointing out some "anomalies and legal inconsistencies" in the Lokpal Act, the Central Bureau of Investigation has raised a question as to whether the entire probe agency will be divested of all powers if any of its officer was found guilty of corruption or tampering with evidence.

IBM chief hardsells Linux platform

IBM chief hardsells Linux platform

Rediff.com7 May 2003

Nageswara Rao's appointment as interim CBI chief challenged in SC

Nageswara Rao's appointment as interim CBI chief challenged in SC

Rediff.com14 Jan 2019

A petition has sought laying down of specific mechanisms to ensure transparency in the process of appointment of CBI director.

MTNL-BSNL merger put on hold

MTNL-BSNL merger put on hold

Rediff.com24 Jun 2005

The much-talked merger of the two state-owned telecom giants -- Mahanagar Telecom Nigam and Bharat Sanchar Nigam -- is understood to have been put on hold

Stiff labour laws for mining PSUs mooted

Stiff labour laws for mining PSUs mooted

Rediff.com3 Feb 2003

The divestment department has proposed that public sector units involved in mining ores alone should qualify for 'natural asset' status while imposing additional norms concering employment of labour.\n\n\n\n

Govt seeks advisors for Maruti stake sale

Govt seeks advisors for Maruti stake sale

Rediff.com14 Sep 2005

The government will invite bids by next week from advisors for selling its 8.0 per cent stake in Maruti Udyog Ltd.

Time to trim the fat army of babus

Time to trim the fat army of babus

Rediff.com21 Feb 2017

Just 5 departments account for about 88 per cent of the Union government's civilian employees. A leaner bureaucracy will help Modi keep his promise of maximum governance with minimum government, says A K Bhattacharya.

Budget 2020: What Nirmalaji must focus on

Budget 2020: What Nirmalaji must focus on

Rediff.com23 Jan 2020

'The economy has to become the government's No. 1 priority, which it is not at the moment,' says T N Ninan.

PSU stocks better placed in current market meltdown

PSU stocks better placed in current market meltdown

Rediff.com23 Nov 2016

Among PSBs, the top gainers have been Union Bank of India and Corporation Bank, whose shares have rallied more than 15% each. Indian Bank and Bank of Baroda, too, registered double-digit rise

Suiters for Air India's Mumbai assets

Suiters for Air India's Mumbai assets

Rediff.com23 Aug 2017

Though the airline has kept a reserve price of Rs 315 crore for these properties, it hopes to make around Rs 500 crore from the sale.

The many challenges facing Jaitley's fiscal promise

The many challenges facing Jaitley's fiscal promise

Rediff.com19 Sep 2018

After the April-July fiscal deficit data was released on August 31, several analysts hinted that the government may need to go for cuts in capital expenditure to meet the fiscal deficit target.

New 'secrets' emerge in PNB scam

New 'secrets' emerge in PNB scam

Rediff.com28 Jan 2019

FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'

Kejriwal's war with Centre: Home ministry axes Delhi official's transfer

Kejriwal's war with Centre: Home ministry axes Delhi official's transfer

Rediff.com11 Jun 2015

Notwithstanding Chief Minister Arvind Kejriwal's strong opposition, senior bureaucrat Dharam Pal remains Delhi's home secretary.

Vajpayee: The father of 2nd generation economic reforms

Vajpayee: The father of 2nd generation economic reforms

Rediff.com17 Aug 2018

Modelled loosely around the National Highway System of the US, he in 2001 launched the Golden Quadrilateral and the North-South & East-West Corridor projects to build 4/6 lane highways between four top metropolitan cities of Delhi, Mumbai, Chennai and Kolkata as well as from Srinagar to Kanyakumari and Porbandar to Silchar.

Govt plans to exit 3 PSUs, merge 4

Govt plans to exit 3 PSUs, merge 4

Rediff.com3 Feb 2017

The department of investment and public asset management is scouting for investment bankers and legal advisors to carry forward the transactions.

Budget: TUs want FM to hike I-T ceiling, minimum wages, pension

Budget: TUs want FM to hike I-T ceiling, minimum wages, pension

Rediff.com19 Dec 2019

They said that massive public investment in infrastructure, social sectors and agriculture would generate employment and the Union Budget should give it a priority and allocate necessary funds for this.

SC reinstates Alok Verma as director but clips his wings

SC reinstates Alok Verma as director but clips his wings

Rediff.com8 Jan 2019

The apex court said that he won't be allowed to take any major policy decision till the high-powered committee considers the issue of "divestment of power and authority".

PM Modi asks secretaries to approach him directly

PM Modi asks secretaries to approach him directly

Rediff.com4 Jun 2014

In a first, Prime Minister Narendra Modi on Wednesday met the secretaries of all the government departments collectively and asked them to directly get in touch with him to resolve issues and expedite decision-making.

'I have restored the sanctity of the Budget': Jaitley

'I have restored the sanctity of the Budget': Jaitley

Rediff.com2 Feb 2017

In a Q&A with Doordarshan, Jaitley discusses how he chose the areas on which he would spend more.

Stiff riders for buyers of Air India, BPCL

Stiff riders for buyers of Air India, BPCL

Rediff.com3 Feb 2020

The government is selling its entire 100 per cent stake in Air India but wants effective control to stay with Indian nationals.

UPA's Rs 3,000-cr hidden gift to Arun Jaitley

UPA's Rs 3,000-cr hidden gift to Arun Jaitley

Rediff.com18 Nov 2014

The FM should quietly get the oil companies to offload the shares in the market and pocket the gains

RIL to sell 49.9% stake in US joint venture

RIL to sell 49.9% stake in US joint venture

Rediff.com5 Nov 2014

RIL, as well as its partner Pioneer Natural Resources Co, are seeking a buyer for their stakes in Eagle Ford Midstream venture as they focus on shale oil production.

India's biggest-ever disinvestment drive gets going

India's biggest-ever disinvestment drive gets going

Rediff.com28 Oct 2016

The government has managed Rs 21,000 crore through stake sales and buybacks in the first six months, the highest-ever first half divestment revenue for any year by a good margin, raising expectations for the rest of FY17.

Kejriwal, LG take feud to Pranab; accuse each other of violating Constitution

Kejriwal, LG take feud to Pranab; accuse each other of violating Constitution

Rediff.com19 May 2015

Delhi Chief Minister Arvind Kejriwal and Lt Governor Najeeb Jung on Tuesday took their bitter fight to President Pranab Mukherjee and accused each other of violating the Constitution and overstepping their respective jurisdictions.

Why India Inc sees Modi's PMO as the 'mover'

Why India Inc sees Modi's PMO as the 'mover'

Rediff.com11 Aug 2017

Corporates understand that the PMO drives all key decisions in this government.

Efforts to sell PSU stakes lose steam

Efforts to sell PSU stakes lose steam

Rediff.com7 Jan 2014

One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.

Divided CII opts for 49% defence FDI limit

Divided CII opts for 49% defence FDI limit

Rediff.com25 Jun 2014

Several CII defence committee members confirm this is now the official CII position, which conforms to that of industry bodies, Ficci and Assocham.

Meet the new faces in team Modi 2.0

Meet the new faces in team Modi 2.0

Rediff.com6 Jul 2016

Full list of the rejigged Union Council of Ministers