According to government sources, the government of Indian Prime Minister Narendra Modi has changed its emphasis from aggressive divestment to reviving faltering state-run businesses. Following ...

Key divestment candidates, Ajay Garg of SMC Global Securities said, include CONCOR, BPCL, LIC, SCI and HAL, all of which are ...

Less than a month into 2025, New Delhi has plans to invest about $1.5 billion in financial rescue packages for two state-owned firms after failing to sell them to private companies.

The government has also allocated 80 billion rupees in 2024/25 for bond repayments of state-run telco MTNL that has seen a series of defaults lately, according to budget documents for the current year ...

Indian Prime Minister Narendra Modi is pouring billions into ailing state-run firms after slowing ambitious divestment plans that were ...

State-owned Bharat Petroleum Corporation Ltd's (BPCL) proposed 9 million tonnes a year oil refinery-cum-petrochemical complex in Andhra Pradesh is likely to cost around Rs 95,000 crore, its Director ...