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 ...

In a significant departure from its earlier policy focus, the Union government is stepping back from aggressive privatisation efforts and is instead investing heavily in reviving ailing state-run ...

Political pressure on Modi have increased after he came back to power only with help of regional allies, making it difficult ...

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 ...

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 ...

The People’s Commission has also called for an independent probe to affix responsibility for private telecom players being granted undue benefits at the cost of millions of unwary users.