Private Firms

Rajnath Singh urges private defence firms to make India technology hub

Several cutting-edge indigenous technologies developed under the TDF scheme were handed over to the users, including DRDO and the armed forces

China's top private firms slash 300,000 jobs despite revenue growth in 2023

China's private economy contributes over half of the country's tax revenues, more than 60 per cent of its gross domestic product, and employs over 80 per cent of urban workers

EY employee death: TMC MP to raise 'toxic work culture' issue in Parliament

Highlighting the condition of employees in private firms across India, TMC MP Saket Gokhale has called for an urgent investigation into the working conditions at EY

Collaboration key for national mapping agencies, private firms: Report

A leading think tank has made a strong pitch for collaboration between the national mapping agencies (NMAs) and the private sector to build space infrastructure and geospatial knowledge services, which find applications in various economic sectors. A report 'Evolving Role of National Mapping Agencies Transitioning to Geospatial Knowledge Infrastructure', released recently by Geospatial World a think tank in space and geospatial technologies, cited examples of collaborations by national mapping agencies and the private sector in countries such as Germany, Switzerland, Canada, Singapore and the US. "Given the critical importance of space and geospatial solutions to national mission programmes, delays in these areas mean lost opportunities. Therefore, globally a mission-mode approach is needed to build space infrastructure and geospatial knowledge services through public-private partnerships," said the report, which was released recently. It said that the Geospatial Knowledge ...

In China, private companies are fed up with their payments being delayed

Chinese private firms are adopting more cautious business strategies, prioritising risk management as they grapple with post-pandemic payment delays

Former bureaucrats urge govt to withdraw the Green Credits programme

In July 2023, the group, in a separate open letter, had criticised the Forest (Conservation) Amendment Act, which permits the diversion of forest lands for security purposes

U-WIN in pilot phase, no plan to share data with pvt cos through API: Govt

The U-WIN portal is presently under the pilot phase of implementation and there are no plans to share data with private companies through API (Application Programming Interface), Parliament was informed on Friday. The U-WIN portal is linked with the Co-WIN portal and the beneficiary records from Co-WIN can be accessed through U-WIN using the registered mobile number for facilitation of registration of children, Minister of State for Health S P Singh Baghel said in a written reply to a question in the Lok Sabha. The U-WIN portal only captures the vaccination status and does not create an electronic health record of the patients. "A security audit of the U-WIN portal has been completed by the CERT-In empanelled agency as per the mandate of the government of India to ensure data protection. The U-WIN portal is presently under the pilot phase of implementation and there are no plans to share data with private companies through API," Baghel said.

ICC Cricket World Cup: Ahmedabad airport sees surge in chartered flights

Many celebrities and VIPs, including Shah Rukh Khan, Deepika Padukone, Ranveer Singh, Sachin Tendulkar, among others, attended the World Cup match

Govt asks all private companies to demat shares by September 2024

Move to boost transparency, supervision; small cos exempted

Two days before the deadline, one-third companies file financial statements

The MCA has asked stakeholders to file both these returns before the deadline on October 29

Green energy majors to invest nearly Rs 19,000 crore in Uttar Pradesh

According to a senior govt official, the state is aligning with the overarching target of the Centre to achieve a 450 gigawatt (Gw) in renewable energy and 500 Gw in non-fossil energy capacity by 2030

Flickers of interest: Why private firms are hesitant to enter discom space

Several markets and business models are emerging and will co-exist in India.

Debt profile worsens for V G Siddhartha's unlisted private companies

The financials of six privately held companies associated with Siddhartha show an increase in debt and falling ability to meet short-term obligations

Scores of listed companies found lacking requisite number of directors

Both private and public sector firms don't have the requisite number of directors

Cultural mismatch

Public sector-style anti-corruption is not appropriate for private firms

The economics of bottomless pits

We don't know how government ownership affect the behaviour of privately owned firms