Employees and officers of the Airports Authority of India on Friday staged a demonstration at major airports across the country to protest against the privatisation of Mumbai and Delhi airports, but flights and other operations remained unaffected.
The Naresh Chandra committee on civil aviation has recommended allowing upto 49 per cent foreign direct investment in the country's airlines.
Employees of Bharat Sanchar Nigam Ltd will strike work on May 21 in response to a call by central trade unions to protest government's privatisation policy.\n\n\n\n
Director P Sheshadri talks abut his new film.
Employees of the Airports Authority of India on Tuesday called off their nationwide agitation to ensure job security following the decision to privatise two metro airports
'Once our voices are crushed, they can bring in an agenda of privatisation.'
Concerned over growing resistance from the Opposition and some of the allies of the ruling National Democratic Alliance, the divestment ministry appears to have given up hopes of any big-ticket privatisation.
Sharma is Head of Emerging Markets and Chief Global Strategist at Morgan Stanley Investment Management.
Since the privatisation of power distribution in Delhi about a decade ago, the overall electricity situation has improved.
The government has asked Supreme Court not to stay the privatisation of public sector oil majors -- Hindustan Petroleun Corporation and Bharat Petroleum Corporation
'Whether it is the unions or the politicians, they don't have to do politics over Air India, but be guided by a solitary factor -- that we don't want Air India to fly into oblivion.'
Employees of PSU oil firms said they will strike work on Tuesday against the proposed privatisation of cash-rich oil refiner Indian Oil Corp.
Employees of the State Trading Corporation will be given the right to seek voluntary retirement conditional on the privatisation of the company under a 'one of a kind' proposal accepted by divestment ministry.\n\n\n\n
The divestment commission on Friday recommended privatisation of Hooghly Dock and Ports by inducting a strategic partner after obtaining statutory clearances.
The Adanis were the highest bidder for the Ahmedabad, Thiruvananthapuram, Lucknow, Mangaluru and Jaipur airports.
Bharat Sanchar Nigam Ltd Employees Union on Friday extended support to the proposed indefinite strike of employees of public sector oil companies against privatisation of HPCL and BPCL.
'What Jaishankar says is simplistic.' 'The past does not matter that much.' 'If we think that it does it is because we are not good enough at running the nation competently today and are searching for excuses why,' argues Aakar Patel.
Take the Rediff Biz Quiz and find out how much you know about India and its privatisation programme.\n\n
The government is planning to liberalise the terms and conditions for the sale of the national carrier. The Centre is still pursuing the option of selling the airline's subsidiaries before the airline itself, in order to deal with an outstanding debt of around Rs 27,000 crore.
During an interaction -- Shiksha: Dasha Aur Disha -- with university students at the Jawaharlal Nehru Stadium, Delhi, he also alleged that the country's wealth is "concentrated" in the hands of "a few people".
Prince William's role as a RAF Sea King pilot may end as Britain's search-and-rescue helicopter service which he is part of will be taken over by a US firm after privatisation.
It is time he stood up and assured the middle class that they can count on him as one of their own, says Dr Sudhir Bisht.
Trinamool Congress, a major constituent of the United Progressive Alliance, on Monday night decided to support the alliance's vice presidential poll candidate Hamid Ansari but oppose any decision to open the multibrand retail to FDI and bills on forward marketing in commodities and privatisation of pension fund in the monsoon session of Parliament.
The employees unions of Hindustan Petroleum and Bharat Petroleum said on Tuesday that they will strike work for three days starting March 25 in protest against the proposed privatisation of two oil majors.
The government on Wednesday ruled out privatisation of Indian Oil, Oil and Natural Gas Corporation and Gas Authority of India Ltd and assured all security concerns would be taken care of while divesting public sector oil
Petroleum Minister Ram Naik is understood to have turned down Divestment Minister Arun Shourie's request for extending nodal agency status for crude oil transportation to Shipping Corporation of India after its privatisation.\n\n\n\n
Demands include non-privatisation of nationalised banks.
'The finance ministry and public sector banks have tried to keep the names of wilful defaulters secret.' 'Secrecy and concealing information are inbred among banks and even the RBI,' observes Debashis Basu, editor, www.moneylife.in.
HPCL staff threaten to block due diligence