Privatisation | The Asian Age

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Responding to a query on the privatisation of these trains and the entire network, Goyal told the Rajya Sabha in a written reply that 'no plan has been made'. (Photo: File)

No plan to privatise railways or trains like Rajdhani, Shatabdi: Piyush Goyal

The ministry in its 100-day plan has proposed that it will offer two trains to IRCTC, to operate on haulage concept.

28 Jun 2019 5:55 PM

The Congress chief Rahul Gandhi in an interaction with University students in Delhi asserted that the state must pay for a large part of the education of students. There was no immediate reaction from the government. (Photo: File)

Rahul claims Modi govt refraining from accepting 'job crisis'

Gandhi said that he has already challenged Prime Minister Modi to debate with him on Rafale, corruption, job, and other issues.

23 Feb 2019 3:19 PM

The Central government has invited bids for privatisation of six airports -- Lucknow, Jaipur, Ahmedabad, Guwahati, Mangaluru and Thirvananthapuram.

Privatising small airports not the right approach: GMR official

The cost recovery models of these assets demand that there should be certain minimum traffic size.

14 Feb 2019 4:49 PM

Former RBI Governor Raghuram Rajan. (Photo: PTI)

Privatisation of PSBs not panacea; need to cut govt mandates for PSBs: Rajan

Banking system is overburdened with non-performing loans and there is a need to adequately professionalise boards of PSBs.

14 Dec 2018 5:07 PM

Vajpayee, who died on Thursday at the age of 93 years, was decisive and pursued his reforms agenda with vigour without getting ruffled by criticism. (Photo: PTI)

Atal Bihari Vajpayee: a bellwether policy reformer of modern India

He was decisive and pursued his reforms agenda with vigour without getting ruffled by criticism.

16 Aug 2018 6:23 PM

The board of ONGC has, for the second time in just over a month, approved selling its entire 49 per cent stake in helicopter service provider Pawan Hans alongside government's privatisation bid, officials with direct knowledge of the development said.

ONGC board approves stake sale in Pawan Hans

ONGC board had first on June 29 approved exiting Pawan Hans.

06 Aug 2018 4:11 PM

Employee unions of banks and state-run insurance companies will stage a sit-in at Azad Maidan in the city tomorrow to protest against privatisation of banks, allowing foreign direct investment (FDI) in the insurance sector and to expedite wage revision.

Bank, LIC, GIC unions to protest against govt policies tomorrow

The unions are also demanding expedition of wage revision process.

13 Jul 2018 6:18 PM

IDBI Bank officers have opposed the proposed 51 per cent acquisition of the bank's stake by LIC, saying this is a clear move to privatise it, bypassing the assurance given to Parliament.

IDBI Bank employees oppose proposed take over by LIC

This is a clear move to privatise it, bypassing the assurance given to Parliament.

03 Jul 2018 5:27 PM

The government has cleared sale of Air India and several other loss-making public sector companies but that they are yet to be sold is the "result of timing and process, Modi said. (Photo: PTI)

Govt has done what it had to with 'utmost sincerity' for Air India: Modi

Civil aviation ministry had said the government was committed to strategic disinvestment of Air India.

02 Jul 2018 4:30 PM

Jayant Sinha, minister of state for civil aviation (Photo: PTI/File)

Air India privatisation put on ‘pause’: Sources

Aviation Turbine Fuel (ATF) accounts for about 45 percent of the operating cost of airlines that were seen as prime potential bidders for Air India.

21 Jun 2018 1:49 AM

According to these reports, listing of Air India would help in “garnering revenues”. (Photo: File)

Centre to examine EY report on Air India

Meanwhile, according to news agency reports on Wednesday, the government is also considering listing of Air India.

14 Jun 2018 1:41 AM

AAI had invited the bids on behalf of the government to offer Jaipur and Ahmedabad airports to private parties for their management. (Representational Image)

Partial privatisation plan of Ahmedabad, Jaipur airports

Uncertainties deter foreign players; blow to the government ahead of Air India sale.

30 Apr 2018 8:39 AM

SBI Chairman Rajnish Kumar. (Photo: PTI)

Time not ripe for large scale privatisation of PSBs: SBI Chief

Privatisation of public sector banks (PSBs) given the current socio-economic conditions in the country.

19 Apr 2018 3:32 PM

The meeting is expected to take place on April 17.

Air India calls pilot unions' meet on privatisation

Around 11 Air India unions have formed a joint forum to fight against the government's decision.

14 Apr 2018 10:24 AM

Air India unions has said that it will take up the issue with the PMO and the civil aviation ministry, among others.

Potential bidders 'arm twisting' govt on Air India sale: Unions

Probable bidders are using "arm twisting tactics" to force the government sell the national carrier for cheap.

11 Apr 2018 5:25 PM

Air India ran losses for nearly a decade after a botched merger in 2007 and has debts of around $7.67 billion according to government figures. (Photo: File)

IndiGo ends interest in buying Air India

Indigo told the Bombay Stock Exchange late Thursday that it was interested only in Air India's international routes..

06 Apr 2018 10:00 AM

Government equity which is as high as 80 per cent in some PSBs, should be brought down to below 50 per cent.

ASSOCHAM pitches for privatisation of PSBs

Government can use both PSU and private sector banks as the agents of change.

27 Mar 2018 1:24 PM

Banks Bureau Board should be made really effective in selecting CEO, their compensation, their performance evaluation and also appointment of independent board members.

PSBs privatisation not answer, empower boards: Industry figures

India's savings rate also is very high and PSBs provide the required safety net and comfort for savers.

26 Mar 2018 2:10 PM

The fact that private mines are able to sell coal at lower rates than Coal India doesn’t imply that they are more efficient than the state-owned mining company.

Will privatisation help the cause of coal industry?

Today, India produces 554 million tons of coal as against 79 million tons in 1973.

27 Feb 2018 12:23 AM

Finance Minister Arun Jaitley, on Thursday, tabled the Union Budget 2018 in the Parliament. (Photo: PTI)

Done enough in the past for middle class: Arun Jaitley

FM said that he has consistently given relief to small taxpayers in all his Budgets and will provide relief in the future depending on fiscal space.

03 Feb 2018 1:37 AM

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Dilip Cherian