privatisation
LIC IPO: Modi on mindless selling spree
February 15, 2022
On Sunday, the government confirmed that the Life Insurance Corporation, the largest financial institution in the country, had submitted its draft red herring prospectus, a comprehensive document that is submitted to the stock market regulator by any company before its Initial Pu...
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National Monetisation Pipeline: Backdoor privatisation
August 27, 2021
Unveiling the NMP on Monday, Indian finance minister Nirmala Sitharaman was at pains to say that the monetisation plan was not akin to privatisation but “it aims to unlock value in brownfield projects by engaging the private sector, transferring to them revenue rights and not o...
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Privatisation is not the magic pill
February 11, 2021
In her budget speech on February 1, union finance minister Nirmala Sitharaman outlined the government’s ambitious plans for privatisation, both in the current year as well as a government policy. She said that the government will privatise all public sector enterprises, other t...
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Govt tells Air India: Be privatised or perish
November 28, 2019
Privatise or else perish, is the new mantra from the Modi government in its renewed attempt to sell the debt-laden national airline - Air India.
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Rajiv Bansal, Air India and privatisation
September 4, 2017
The debt-ridden national carrier, Air India announced Rajiv Bansal as the new chairman and managing director (CMD), after he assumed office last week. Bansal took over Ashwani Lohani who was recently given the charge of the Indian railways.
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Speculation over Tata Group acquiring Air India
June 29, 2017
One of India's biggest conglomerates, Tata Group's acquisition of India's flagship carrier Air India is now a nationwide speculation; however, the odds of reclaiming a debt-laden company on top of Tata's existing dire ventures looks more fictional than enterprising.
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Paris Climate Agreement
April 21, 2016
As world leaders come together to sign the Paris agreement, an international alliance of frontline and indigenous communities calls it a dangerous distraction. Close to 155 countries are preparing to sign the Paris agreement on Earth Day, April 22, in New York, but an internation...
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