Public Sector Mergers In India: Does Size Bring Synergies?

In June 2017, the $23 billion Vodafone-Idea Cellular merger got the go ahead from the Competition Commission of India. A few days later, the government announced a .....»»

Category: blogSource: valuewalkAug 12th, 2017

Public sector, Central Govt officers to launch agitation against "privatisation moves"

The officer cadre in the public/ Central Government sectors is growing restive over ‘suspected moves’ aimed at large-scale mergers/ privatisation. The All India Public Sector And Central Governmen........»»

Category: topSource: thehindubusinesslineAug 6th, 2017

It"s the season of mergers in India"s public sector landscape

Consolidation has reversed a long spell of setting up new enterprises by each new govt in New Delhi.....»»

Category: topSource: business-standardApr 4th, 2017

Bitcoin bubble would burst if more people pump in money: Mark Mobius

Mobius said that the government's public sector banks recapitalisation plan would help India attract more capital from domestic as well as international investors.....»»

Category: topSource: business-standardDec 8th, 2017

Stir against DCI privatisation hots up : employee ends life

The agitation of the employees of the public sector Dredging Corporation of India (DCI) here against the proposed 100 per cent strategic sale of equity has intensified, after an employee of the corpo........»»

Category: topSource: thehindubusinesslineDec 5th, 2017

Political economics

The role of public sector in India continues to be viewed with derisive criticism.....»»

Category: topSource: business-standardDec 4th, 2017

Over 60,000 petrol pumps in India, 45% jump in 6 years

India has recorded 45 per cent jump in the number of petrol pumps in the last six years, possibly the highest growth rate in the world, as public and private sector firms jostled to capture retailing sites. With 60,799 .....»»

Category: topSource: business-standardNov 29th, 2017

LIC may get Irdai breather on 15% investment cap in public sector banks

Insurance sector regulator is open to allow Life Insurance Corporation of India (LIC) to increase its stake beyond the 15 per cent ceiling in public sector banks (PSBs). The move is to give a boost to the government's recapitaliz.....»»

Category: topSource: business-standardNov 23rd, 2017

India to soft-pedal on services at WTO meet

India will demand for an agreed solution on the issue of public stockholding of grain for food security, besides domestic subsidies to the agri sector.....»»

Category: topSource: business-standardNov 19th, 2017

Structural reforms could change the glide path: Arun Jaitley

One or two public sector bank mergers in the next 12 months.....»»

Category: topSource: business-standardNov 16th, 2017

National Insurance to take cue from other public sector insurance IPOs

With two of the biggest initial public offering (IPO) of public sector general insurance firms-The New India Assurance and General Insurance Corporation of India-getting tepid response from retail investors, National Insurance, w.....»»

Category: topSource: business-standardNov 16th, 2017

Bharat 22 ETF opens today, aims to raise Rs 8,000 crore

Bharat 22 ETF aims to bring broad-based ownership pattern to public sector enterprises: Department of Investment and Public Asset Management.....»»

Category: topSource: business-standardNov 13th, 2017

New India Assurance IPO reasonably valued

It's a rain of Initial Public Offers of equity (IPOs) at D-Street and keeping pace with its target, New India Assurance (NIA) is to launch its offer on Wednesday. In the general insurance sector, it enjoys the status that State Ba.....»»

Category: topSource: business-standardOct 30th, 2017

Government to divest 5% stake in NLC India Limited

The government is going to shed 5 per cent of its share in mining and power public sector undertaking, NLC India limited. An official statement said: “The government has approved the disinvestment ........»»

Category: topSource: thehindubusinesslineOct 25th, 2017

IBPS/Bank PO: General Awareness Book & Papers With 3000 GK Questions

IBPS examinations are the single largest examinations conducted for recruitment in to private and public sector banks in India......»»

Category: topSource: business-standardOct 16th, 2017

Govt invites bids for strategic disinvestment of 4 PSUs

The government has invited bids from central public sector enterprises (CPSEs) for buying its entire shareholding in consultancy firms, NPCC, HSCC and EPI as it looks to bring all advisory business under one outfit. Besi.....»»

Category: topSource: business-standardOct 12th, 2017

IMF approves measures to clear up bad loans in public sector banks; says more needed

Corporate and banking sectors in India continue to be vulnerable, says the global organisation.....»»

Category: topSource: thehindubusinesslineOct 11th, 2017

France: Macron"s reforms stoke public sector anger

French public sector workers are staging strikes across France in protest at labour reforms. As David Pollard reports, President Macron is finding it increasingly hard to bring in the economic reforms many think France needs......»»

Category: videoSource: reutersOct 10th, 2017

GST Council decisions provide relief to SME sector: India Inc

Decision to bring down rate for AC restaurants to 12% and reduction of tax slabs for around 60 items to 5% from 12% will help boost household spending and further economic.....»»

Category: topSource: business-standardOct 6th, 2017

Rising oil to fuel ONGC, Oil India earnings

Rising demand and geopolitical tensions have led to a rally in crude oil prices, which touched their two-year highs on Tuesday. With Brent crude oil at $59-60 a barrel, the prospects of upstream public sector oil producers such as O.....»»

Category: topSource: business-standardSep 27th, 2017

Public sector officers threaten strike over decision to offload BSNL tower biz

The decision to offload 66,000 mobile towers of BSNL will decisively pull back the public sector telecom behemoth from its growth path, says the All India Public Sector and Central Government Officer........»»

Category: topSource: thehindubusinesslineSep 19th, 2017