Page 7 - Private Sector

Private placements at lowest since 2014; total money raised down 23%

A combination of lower requirements and higher interest rates are said to have acted as a dampener

Private sector can boost India's space programme globally: PM Modi

The PM was inaugurating the headquarters of Indian National Space Promotion and Authorisation Centre (IN-SPACe) in Ahmedabad

Asset monetisation

Govt should reassess the plan

ONGC board has 'best persons' in upstream sector to head company: Chairman

ONGC is without a regular chairman since March-end 2021.

Centre has created new opportunities for private sector: FM Sitharaman

If Coimbatore tries to be a pioneer in Web3 technology, it can achieve a unique place and the city can lead the way in the country, she said

After a 16-yr low of 14.9% in 2019, LIC's private sector investments rise

LIC's private sector share of investments had touched a 16-year low of 14.9 per cent in 2019, an analysis by the Reserve Bank of India showed.

Private sector to drive growth of PFRDA pension schemes: Study paper

The private sector is expected to drive growth of the NPS, which has witnessed exponential rise over the last five years, in terms of number of subscribers as well as assets under management

Pvt sector capex cycle to see revival during 2nd half of current FY: CEA

The investment from private sector has been muted for past many years despite several measures, including corporate tax cut, taken by the government to reinvigorate it

Worsening outlook

Fundamentals warrant stock price correction

Govt encourages startups, pvt sector to participate in Gaganyaan programme

The Centre is encouraging the private sector and startups for realisation of India's ambitious human space mission, said Science and Technology Minister Jitendra Singh.

Budget to yield dividends for years; pvt sector should invest: RBI article

The article also said that while the post-pandemic debt consolidation will rely primarily on GDP growth, it needs to be complemented by fiscal consolidation

AGR dues: TDSAT says public, pvt sector firms cannot be treated differently

The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) also said that an exemption can be given to the PSUs only if the same is extended to private sector players

Time ripe for India to go on two-track growth path: FM Nirmala Sitharaman

Sitharaman exhorted the private sector not to miss the opportunity of kickstarting its investments

Local labour pains

Domicile-driven hiring laws come under SC scrutiny

Haryana's 75% quota for locals in private jobs put on hold by High Court

Under the law, a provision has been made to impose a fine, ranging from Rs 50,000 to Rs 2 lakh, on the industries which do not employ local candidates

Infra funds could gain from large budgetary allocation, say analysts

On the private-sector side, capacity utilisation has risen across several industries

RBL Bank Q3 net slips 17%; net interest income up 0.10% to Rs 1,010 cr

Rajeev Ahuja, the interim chief executive and managing director, said the performance across businesses is looking good and the fourth quarter of FY22 and the time ahead will see it deliver better per

Private sector plays important role in net-zero emissions: Bhupender Yadav

Private sector plays an important role towards net zero as bulk of emissions come from industries and it has already woken up to this reality, Union Environment Minister Bhupender Yadav said

DDMA allows private offices to open with 50% staff as Covid cases reduce

DDMA allowed private offices to function with 50 per cent staff but maintained that weekend curfew and other restrictions, including odd-even rule for opening shops in city markets will continue

Budget could push for private investments in public infrastructure

Budget could also announce favourable terms for companies accessing bond markets