Saturday, November 27, 2021

Privatisation

Rahul Gandhi to visit Andhra Pradesh

Visakhapatnam: Congress leader Rahul Gandhi , who has already expressed solidarity with the steel workers' agitation against privatisation of Visakhapatnam steel plant, would visit...

‘Can’t allow privatisation of Vizag steel plant’

Employees and workers of Steel plant on Monday began a two-day protest demonstration at Jantar Mantar opposing the privatisation of the plant.

CPI(M) condemns Centre’s stand on Vizag steel plant privatisation

In an affidavit filed in the Andhra Pradesh HC, the Centre stated that privatisation of the plant would not be stopped

GoM may consider privatisation of IOB, Central Bank this year

Earlier, NITI Aayog has submitted the names of a few public sector banks (PSB) and one public sector general insurer which can be sold off under the government's new privatisation policy.

State-owned banks getting ready for privatisation may come out with VRS

Central Bank of India, Indian Overseas Bank, Bank of Maharashtra and Bank of India are some of the names that may be considered for privatisation by the Core Group of Secretaries on Disinvestment.

PSU bank privatisation plan could face hurdles amid Covid: Fitch

Fitch believes that political support in favour of legislative changes to the Act, which are required in order to go through with the sale, could be a significant hurdle for the government.

Niti Aayog submits names of PSU banks for privatisation

Changes on the regulatory side to facilitate privatisation would start after the Cabinet approval.

Fire mishap at Vizag steel plant protest camp

Though the tent and furniture was burnt at the protest camp in front of GVMC, no causalities were reported

Privatising two PSBs: Ind-Ra warns of rating impact if govt cedes control

The impact will be more if the government chooses to privatise the weaker banks, which are yet to be consolidated, Ind-Ra added.

Nationwide strike impacts banking services of PSU banks

However, branches of private sector lenders like ICICI Bank, HDFC Bank and Axis Bank are open as they are not part of the strike.

Govt to sell remaining stake in Delhi, Mumbai, B’lore, Hyderabad airports

Sale of Airport Authority of India's (AAI) remaining stake in the four airports as also 13 more airports have been identified for privatisation in 2021-22 fiscal.

Bank operations may be hit on Mon, Tue due to nationwide unions’ strike

Finance Minister Nirmala Sitharaman had announced the privatisation of two public sector banks (PSBs) as part of the government's disinvestment plan.

Banking on privatisation

The very purpose of nationalisation in India — serving the unbanked and under-banked — is yet to be achieved and financial inclusion cannot afford the luxury of complete privatisation

CPM condemns Anurag Thakur’s remarks on VSP privatisation

"Even while the agitation to save Vizag steel plant is intensified, the minister's remarks tend to provoke Telugu people," CPM Visakhapatnam district secretary K Lokanadham said

Telangana: Maoists urge people to support VSP workers’ fight

CPI (Maoist) Telangana State Committee spokesperson Jagan alleged that the Modi govt was privatising profitable public sector companies to capitalist and corporate forces

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