If the DMK is able to sustain the momentum until the assembly polls, the AIADMK especially and the PMK and possibly the infant TVK too would find it hard to sign up with the BJP, explains N Sathiya Moorthy.
Marumalarchi Dravida Munnetra Kazhagam leader Vaiko was arrested in Neyveli, Tamil Nadu, when he and party workers tried to picket the Neyveli Lignite Corporation office, demanding that the public sector unit stop power supply to Karnataka, which has stopped release of Cauvery water to Tamil Nadu.
Other members of the search panel are secretary (personnel) Shantanu Consul, telecom secretary P J Thomas, IIT Chennai professor Ashok Jhunjhunwala, IIM Ahmedabad professor Samir Baruha and IISC Bangalore professor N Balakrishnan.
Malaysia awarded IRCON International Ltd to design, construct, commission and maintain the proposed electrified double-track rail at the country's Seremban-Gemas sector. IRCON's latest project comes after an earlier Ipoh-Padang Besar project in 2001-2003, for which the Malaysian government had considered the Indian company but later shelved the plan.
Financial services firm Goldman Sachs on Tuesday said the new United Progressive Alliance government is unlikely to pursue 'big-bang' reforms, but piecemeal changes in policies may take place, including hiking of FDI cap in insurance and divestment in public sector units.
An IAS officer of 1973 batch of the Gujarat cadre, Chawla also hold additional charge of the Department of Economic Affairs and the Department of Financial Services.
The CBI has so far arrested five persons, including former UP Small Industries Corporation Managing Director Abhay Kumar Bajpai, former UP Jal Board General Manager P K Jain, former Director General, Family Welfare, S P Ram and trader Saurabh Jain in the case.
The Airport Authority of India, Prasar Bharati, Food Corporation of India and fertiliser and pharmaceutical PSUs have seen a significant increase in budgetary support this year. However, the railways and Delhi Metro, the lifeline of the capital, got less due to improved operational strengths. The Plan investment figures for public enterprises indicate not a single rupee has been earmarked for any PSU under the ministries of petroleum and natural gas, mines, coal etc.
After GAIL, Indian Oil Corp has expressed interest in buying out Asian Development Bank's 5.2 per cent stake in Petronet LNG Ltd, company chairman Sarthak Behuria said. However, if the state-run promoters of Petronet are not allowed to raise stake in the company for fear of it becoming a public sector unit, Behuria suggested selling ADB's shareholding to the public.
Twenty years after India's insurance sector was opened up, unshackling the control of state-owned companies, as many as 50 private players have set up shop. Along with their foreign partners, private players have brought about a sea change in the product offering, distribution and underwriting processes, and services levels. Yet, India's insurance penetration needle has not moved much.
Congress President Sonia Gandhi alleged that it was selling even profit-making public sector units in strategic sector in blatant violation of all norms and regulations.\n\n
A tribunal on Monday halted a $75-million settlement due to be paid by Diageo Plc to Mallya.
The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.
A public sector unit employee on an average received an annual salary of Rs 6.09 lakh (Rs 609,000) in 2009-10, with total emoluments increasing more than 100 per cent in the last four years.
The total benefits paid by private life insurance companies to policyholders rose by 5.98 per cent to Rs 1.57 trillion during 2022-23. This figure stood at Rs 1.49 trillion in the corresponding year-ago period. On the other hand, Life Insurance Corporation of India (LIC) paid out 4 per cent fewer benefits at Rs 3.39 trillion from Rs 3.53 trillion in 2021-22.
'The failures of private businessmen have set back the process of market-oriented reform, though that is the only way forward,' argues T N Ninan.
"This is a big scam. The country is being looted. Please allow us to speak," Congress leader in Lok Sabha Adhir Ranjan Chowdhury said.
Services such as deposits and withdrawal at branches, cheque clearance and loan approvals would be affected due to the strike.
Chairman says turnaround has begun in sector expects 10% growth in firm's core business this year.
It will be headed by Secretary, Department of Financial Services.
Restoration of Article 370 and Jammu and Kashmir's statehood as well as implementation of the autonomy resolution passed by the erstwhile assembly in 2000 are among the National Conference's 12 guarantees announced in its manifesto for the upcoming polls.
The Dhanush gun system is based on the designs of the Bofors Howitzer which was inducted in the army in the 1980s and would be the third type of artillery gun to be inducted into the force after the K-9 Vajra and the M-777 ultra-light howitzers.
Framing the next chapter in Swiggy's journey as a responsible corporate citizen, co-founder and chief executive officer (CEO) Sriharsha Majety unveiled the company's eagerly awaited public listing. Majety, who has largely shunned the spotlight, shared reflections on his entrepreneurial path and the strategic pivots he and his co-founders navigated in building Swiggy. "We started with code aggregation, then pivoted to logistics, and that became Swiggy.
"30,100 volunteer doctors, including retired government, Armed Forces Medical Services, public sector undertaking or private doctors have signed up to the government to battle COVID-19 pandemic," the official said.
The Cabinet Committee on Economic Affairs gave its nod to the 20 per cent follow-on offer by PowerGrid, an official statement said.
Communist Party of India leader Gurudas Dasgupta met Prime Minister Manmohan Singh on Tuesday along with ten union leaders of public sector units and Aganwadis from Jammu and Kashmir and drew his attention to the fact that 10 PSUs, Aganwadis and Asha units have not been paid for last eight months.
SC has given state-run enterprises a free hand to pursue litigation against the government and other public sector units.
The 1.4% decline projected for 2025 is driven by a 5.6% (72,000) dip in the strength of railway employees to 1.2 million by next year.
State Bank of India is also expected to tap the markets this year
Left parties on Sunday decided to suspend participation in the United Progressive Alliance-Left coordination committee\nmeetings to protest against the government's decision to go ahead with disinvestment .
But BSNL operates in the dynamic telecom sector with high growth rates. BSNL's problems have more to do with management and interference from the DoT.
India topped the APAC region with 227 transactions in the first eight months of CY24. The US was second with 133 deals while China ranked third with 69 transactions.
India's first prime minister, Jawaharlal Nehru called public sector units 'the temples of modern India'.
Concerned over the frequent leaks of its "half baked reports", the office of the Union comptroller and auditor-general (CAG) has decided to issue different versions of its draft reports -- the ones given for feedback and reactions before the final version is readied -- to ministries and public sector units to nail the sources of leaks.
Till such time that a new governance framework comes into being, the progress of reforms in health, education, land, labour, electricity and agriculture could remain fraught with problems, agitations and delays, observes A K Bhattacharya.
Every young diploma and degree holder in the country will have the right to apprenticeships in the private and government sectors, he said.
Multiple reasons accounted for the losses, including manpower crunch and lack of clarity on the merger of National, United and Oriental, reports Namrata Acharya.
Both the Lok Sabha and Rajya Sabha were adjourned till 2 pm after opposition members held protest in Parliament seeking a discussion on the issue.
In one of the biggest broadband projects in the country, the state-owned telecom behemoth Bharat Sanchar Nigam Ltd is planning to provide broadband connections to 110,000 schools in the country
Railways has pledged Rs 100 crore (Rs 1 billion) for the Games and a memorandum of understanding is expected to be signed between the public sector unit behemoth and the organising committee shortly.
