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News for 'privatisation'

Privatisation push loses steam as IDBI Bank stake sale scrapped

Privatisation push loses steam as IDBI Bank stake sale scrapped

Rediff.com23 Mar 2026

India's privatisation push, once projected as a cornerstone of economic reform, has suffered another setback, with the Centre set to call off the IDBI Bank stake sale, highlighting the political and structural constraints shaping the country's disinvestment policy, experts say.

Does Trouble Follow Dharmendra Pradhan?

Does Trouble Follow Dharmendra Pradhan?

Rediff.com16 Jun 2026

Mr Pradhan is not an especially charismatic leader or a brilliant orator, but his understanding of realpolitik and organisational dynamics makes him the ultimate party man, points out Aditi Phadnis.

Air India is in the midst of an ambitious transformation plan, but...: CEO Campbell Wilson

Air India is in the midst of an ambitious transformation plan, but...: CEO Campbell Wilson

Rediff.com9 Jun 2026

Outgoing Air India CEO Campbell Wilson stated that the airline's foundations have been rebuilt over the last four years, but non-delivery of aircraft on schedule has significantly impacted growth and fleet modernisation. He also revealed he has no plans to take up another full-time executive position after stepping down.

Air India introduces basic fare category without complimentary meals

Air India introduces basic fare category without complimentary meals

Rediff.com17 Jun 2026

Loss-making Air India has introduced a new 'Basic Fare' category for select domestic flights, which does not include complimentary meals, as part of its efforts to trim expenses amid rising operational costs.

Pakistan boosts defence spending by 17.6% in new Budget

Pakistan boosts defence spending by 17.6% in new Budget

Rediff.com13 Jun 2026

Pakistan has increased its defence budget by 17.6 per cent to PKRs 3,000 billion for the upcoming fiscal year, as announced by Finance Minister Muhammad Aurangzeb. The federal budget, estimated at PKRs 18,771 billion, targets 4 per cent GDP growth, with significant allocations for debt service and pensions. Prime Minister Shehbaz Sharif highlighted economic stability and ongoing discussions with the IMF, while the opposition protested Imran Khan's incarceration during the budget session.

Maha govt buys Mumbai's iconic Air India building for Rs 1,601cr

Maha govt buys Mumbai's iconic Air India building for Rs 1,601cr

Rediff.com3 Jun 2026

The Maharashtra government has formally acquired the iconic Air India building in south Mumbai for Rs 1,601 crore, completing the transfer of agreements from Air India Assets Holding Company to the state Public Works Department.

Cricket Australia plays down IPL control fears in Big Bash League

Cricket Australia plays down IPL control fears in Big Bash League

Rediff.com18 May 2026

Cricket Australia chief executive Todd Greenberg said fears that private investment in the Big Bash League (BBL) could lead to the tournament ceding control to Indian Premier League (IPL) franchise owners are overblown.

'India Has Enough Oil And Gas Beneath The Soil'

'India Has Enough Oil And Gas Beneath The Soil'

Rediff.com13 Jun 2026

'Exploration should be made easier and companies should be given operational flexibility.'

BJP eyeing 2/3rd majority to end reservations: Jairam Ramesh

BJP eyeing 2/3rd majority to end reservations: Jairam Ramesh

Rediff.com6 days ago

Congress general secretary Jairam Ramesh has alleged that the BJP's "real and ultimate target" in seeking a two-thirds majority in the Lok Sabha is to amend the Constitution to end reservation, rather than genuinely implement women's reservation.

No milestone but millstone around India's neck: Congress on Modi's tenure

No milestone but millstone around India's neck: Congress on Modi's tenure

Rediff.com10 Jun 2026

The Congress party has launched a scathing attack on Prime Minister Narendra Modi, calling him a 'millstone' around India's neck and accusing him of presiding over the 'murder of democracy', even as he achieved the milestone of becoming India's longest continuously serving elected prime minister.

'Pressure To Bear A Son Is More In The City'

'Pressure To Bear A Son Is More In The City'

Rediff.com17 Jun 2026

'Even lower middle class parents in cities opt for just one child. A son is a must.'

Chennai expected to host this year's Big Bash League opening match

Chennai expected to host this year's Big Bash League opening match

Rediff.com19 May 2026

Chennai is expected to host the opening match of the Big Bash League in December, following a visit by Cricket Australia officials to the MA Chidambaram Stadium.

New Zealand delay launch of new T20 competition amid scheduling challenges

New Zealand delay launch of new T20 competition amid scheduling challenges

Rediff.com11 May 2026

NZ20 organisers initially planned to launch a six-team league of privately owned franchises for the coming summer but had agreed to hold off in part due to the international schedule, New Zealand Cricket (NZC) said.

IN-SPACe's PSLV EoI Triggers Debate in Indian Space Industry

IN-SPACe's PSLV EoI Triggers Debate in Indian Space Industry

Rediff.com25 May 2026

India's move to privatise PSLV rocket production through IN-SPACe has triggered debate over national security, ageing technology and the agency's role.

'Traitor, gimmick': Rahul targets Modi over economy, 'Melody'

'Traitor, gimmick': Rahul targets Modi over economy, 'Melody'

Rediff.com20 May 2026

Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi for gifting 'Melody' toffees to Italian Premier Giorgia Meloni, calling it a 'gimmick' while India faces an 'economic storm'. He accused Modi of prioritising public relations over addressing the struggles of farmers, labourers, and youth, a sentiment echoed by other Congress leaders.

Privatisation of banks unlikely to hurt national interest: FM

Privatisation of banks unlikely to hurt national interest: FM

Rediff.com4 Nov 2025

Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. She said the bank nationalisation done in 1969 has not yielded the desired result as far as financial inclusion was concerned.

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Rediff.com5 May 2026

Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Why Cannes' Pick Amma Ariyan Is A Haunting Masterpiece

Rediff.com12 May 2026

John Abraham's 1986 film Amma Ariyan, now heading to the 2026 Cannes film festival, remains one of Malayalam cinema's most politically charged and unsettling masterpieces.

Air India CEO Campbell Wilson Steps Down; Successor Search Begins

Air India CEO Campbell Wilson Steps Down; Successor Search Begins

Rediff.com7 Apr 2026

Air India CEO and MD Campbell Wilson has resigned after four years at the helm, prompting the airline to form a committee to find his replacement. Wilson's tenure saw significant changes, including the merger of airlines and fleet expansion, but also faced challenges such as the London-bound flight crash and safety concerns.

How Air India Is Using AI To Transform Operations

How Air India Is Using AI To Transform Operations

Rediff.com26 Apr 2026

Air India is significantly embracing artificial intelligence to enhance operational efficiency, improve customer services, increase revenues, and reduce costs as part of its ambitious transformation plan under the Tata Group.

The Hundred: Fans Rage After SRH Sign Pak's Abrar

The Hundred: Fans Rage After SRH Sign Pak's Abrar

Rediff.com13 Mar 2026

The auction of The Hundred on Thursday was meant to be a celebratory milestone for the England and Wales Cricket Board. Instead, it has triggered a controversy in India.

Why Capital Expenditure Needs Monitoring

Why Capital Expenditure Needs Monitoring

Rediff.com23 Feb 2026

After years of rapid expansion, the Centre's capital spending growth eases as private investment shows early signs of revival, points out A K Bhattacharya.

'You End Up Firefighting': Finance Minister

'You End Up Firefighting': Finance Minister

Rediff.com26 Feb 2026

'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'

Can This Budget Deliver Strategic Growth and Jobs?

Can This Budget Deliver Strategic Growth and Jobs?

Rediff.com31 Jan 2026

India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.

Centre races to rescue failing power discoms

Centre races to rescue failing power discoms

Rediff.com24 Nov 2025

After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.

How are power stocks likely to fare in 2026

How are power stocks likely to fare in 2026

Rediff.com2 Jan 2026

The power sector presents a puzzle. A fast-growing economy should be aligned to higher power demand but that hasn't been the case in the financial year 2026 till date (FY26TD).

Uddhav Sena-MNS manifesto promises free power, allowance for domestic helps

Uddhav Sena-MNS manifesto promises free power, allowance for domestic helps

Rediff.com4 Jan 2026

Shiv Sena (UBT) and MNS release a joint manifesto for Mumbai civic polls, promising free power, allowances for domestic helps, and property tax waivers.

Airfares May Surge After Court Order

Airfares May Surge After Court Order

Rediff.com19 Dec 2025

The cost of any flight from Delhi and Mumbai could rise by up to Rs 3,000 soon unless the airport regulator is able to reverse a court order.

India needs world-class banks; in talks with RBI, lenders: Sitharaman

India needs world-class banks; in talks with RBI, lenders: Sitharaman

Rediff.com6 Nov 2025

Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard.

Ahead of polls TN offers free meals for sanitation workers

Ahead of polls TN offers free meals for sanitation workers

Rediff.com16 Nov 2025

Tamil Nadu Chief Minister M.K. Stalin has launched a free nutritious meals scheme for sanitation workers in Chennai, with plans to expand it statewide. The initiative aims to improve their working conditions and health, acknowledging their essential service.

Trade unions to go on strike in Feb, demand withdrawal of labour codes

Trade unions to go on strike in Feb, demand withdrawal of labour codes

Rediff.com9 Dec 2025

Trade unions have decided to launch a phased, consistent struggle to press for the withdrawal of the labour codes and go on a countrywide general strike in February next year, a statement said on Tuesday. The date of the strike will be announced on 22nd December 2025 in the next meeting of the joint forum of central trade unions, a statement said.

'India Should Move Quickly As Conditions Change'

'India Should Move Quickly As Conditions Change'

Rediff.com2 Jan 2026

'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'

India, Russia Set for Big Nuclear Deal

India, Russia Set for Big Nuclear Deal

Rediff.com4 Dec 2025

India and Russia are expected to unveil a major nuclear energy partnership during Vladimir Putin's visit, potentially involving Russian small modular reactors and expanded cooperation as India pushes toward its 100-GW nuclear goal by 2047.

Budget 2026: Nirmalaji's Challenges, Opportunities

Budget 2026: Nirmalaji's Challenges, Opportunities

Rediff.com21 Nov 2025

The best course for the government at this time would be to tighten the seat belt a little more, without compromising on its investments in creating better infrastructure and giving a push to privatisation, points out A K Bhattacharya.

Insurance staff oppose pvt sector entry in top PSU posts

Insurance staff oppose pvt sector entry in top PSU posts

Rediff.com14 Oct 2025

The All India Insurance Employees' Association has opposed the government directive seeking to open up top posts in the state-owned insurers to the private sector, saying this would lead to greater private influence and "eventual privatisation".

Nation first! Cummins, Head reject tempting IPL offer!

Nation first! Cummins, Head reject tempting IPL offer!

Rediff.com8 Oct 2025

Cummins, Head offered Rs 58 crore each by IPL franchises to play exclusively in T20 leagues: Report

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

Vedanta's Agarwal urges govt to privatise gold mining to boost production

Vedanta's Agarwal urges govt to privatise gold mining to boost production

Rediff.com29 Jul 2024

Anil Agarwal, chairman of metals major Vedanta group, has called for the sale of government stake in Bharat Gold Mine and Hutti Gold Mine so as to increase production of the yellow metal in the country. In a social media post, Agarwal said global gold prices are currently at record highs and India imports 99.9 per cent of its requirement. "With massive investments, we can be a major producer of gold and a big generator of employment," Agarwal said.

Adani Airports To Test Pre-Booked Security Slots

Adani Airports To Test Pre-Booked Security Slots

Rediff.com18 Sep 2025

If implemented in India, the service will allow passengers book security screening slots in advance, helping cut down wait times in long queues.

Deeptech Now Dominates Indian VC Portfolios

Deeptech Now Dominates Indian VC Portfolios

Rediff.com26 Sep 2025

Deep-tech now forms over half of VC portfolios in India as firms like Cornerstone, Unicorn India Ventures and All in Capital back startups combining research with scalable models

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