BJP leader Subramanian Swamy has approached the Delhi High Court seeking to quash the Air India disinvestment process and set aside the approvals given to it by authorities. A bench of Chief Justice D N Patel and Justice Jyoti Singh is scheduled to hear the petition on Tuesday. Swamy, a Rajya Sabha MP, has sought … Read more
The Centre will invite financial bids for privatising as many as many as six CPSEs, including BPCL, BEML and Shipping Corp., by January, a top government official said on Wednesday. Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM), also invited private players to bid for the CPSEs that are up for … Read more
Mr. Modi also said the Centre’s policy is to either monetise or modernise public sector enterprises, with the intent that the government has “no business to be in business”. Prime Minister Narendra Modi on Wednesday said the government has no business to be in business and his administration is committed to privatising all PSUs barring … Read more