Government of India today said that its list of public sector companies scheduled to be sold to private entities did not include Bharat Heavy Electricals Ltd. The company, abbreviated BHEL, has with operations in multiple locations such as Bhopal in Madhya Pradesh and Trichy in Tamil Nadu and is India’s largest suppliers of heavy electrical […]
The union finance ministry has rejected the Nripendra Misra committee report on plans to revive state-owned telecom operators BSNL and MTNL, including plans for a Rs 8,500 cr VRS package and ‘free’ 4G spectrum, Malayalam newspaper Mathrubhumi reported, quoting sources. The report, if correct, would make the condition of the state-owned telecom player precarious as […]
NBCC India, a state-owned construction company, said it has been given ‘in principle’ approval by Air India to redevelop the airline’s staff quarters in Delhi. The permission has been given to redevelop two plots of lands — a 30-acre plot in Vasant Vihar in South Delhi, and a 3.54-acre plot on Baba Khadak Singh Marg […]
All India Bank Officers’ Association, the second largest organisation of bank officers, said it would support the upcoming strike by IDBI employees against disinvestment of IDBI Bank. The government is reportedly planning to bring down its holding in the bank below 51% like it did in case of Axis Bank (formerly UTI Bank). “The entire […]
