Page 11 - Privatisation

Asset monetisation plan gives a bigger role to private operators

When implemented, the entities engaged in cross border trade in merchandise will deal more with private entities managing the ports and airports

SPV of state-run firms may be tasked to redevelop land bank with sick PSUs

The govt may rope in state-run developers such as NBCC (India) to maximise value from the sale of sick and loss-making PSUs that failed to generate suitable investor in the initial round of bidding

Rs 6-trillion monetisation plan: Modi govt's ambition in a minefield

Given the record of past blunders, under-achievements, vulnerabilities and the manifest influence of stigmatised capital, what India might get is yet another school for scandal, cautions T N Ninan

NMP a plan to 'sell' India's assets, will be 'disastrous': Left parties

Left parties on Wednesday hit out at the National Monetisation Pipeline announced by Finance Minister Nirmala Sitharaman, claiming that is a plan to "sell" India's assets and it will be "disastrous"

Global oil majors may be joining race to acquire BPCL: Report

Industry sources said it was possible that one of the global oil majors or a Middle East oil producer may be teaming up with the investment funds already in race

Assets belong to country; BJP or Modi don't own them: Mamata on NMP

Banerjee on Wednesday slammed the Centre over its National Monetisation Pipeline (NMP) policy, claiming that it is a ploy to sell assets that belong to the country and not to PM or the BJP

'It was Congress that sold country's resources': FM counters Rahul on NMP

Sitharaman on Wednesday launched a scathing attack on those criticising the Rs 6 lakh crore monetisation plan, wondering if Congress leader Rahul Gandhi even understands what such a move entails

Govt giving assets to private sector at throwaway prices: Pilot on NMP

The central government should help the poor and the middle class instead of giving away the assets created in the past 70 years to the private sector at throwaway prices, Sachin Pilot said

Rahul Gandhi upset that India earning Rs 6 trillion: BJP hits back

The BJP on Tuesday cited the previous Congress government's efforts to monetise different assets to wonder if the party was then trying to "sell" the country

Centre has officially announced 'sale' of India, says CPI(M) on NMP

The CPI(M) on Tuesday alleged that the Centre with its decision to monetise its assets across key sectors has "officially" announced the "sale of India"

'Modi govt in process of selling India's crown jewels,' says Rahul on NMP

Congress leader Rahul Gandhi on Tuesday questioned the move of the government to monetise its assets across key sectors, saying all assets created in the last 70 years are being sold

National Monetisation Pipeline dangerous bid by Centre to raise money: TMC

Trinamool Congress Tuesday lashed out at the newly unveiled National Monetisation Pipeline calling it a "dangerous bid" by the "bankrupt" Narendra Modi government to raise money

Legalised loot, organised plunder: Cong on National Monetisation Pipeline

The Congress described the govt's infra monetisation plan as "legalised loot and organised plunder", alleging that invaluable public assets created over decades are being handed over to a chosen few

Passenger trains, railway stations, airports in Rs 6 trn monetisation plan

FM Nirmala Sitharaman unveiled Rs 6 lakh crore National Monetisation Pipeline that included unlocking value by involving private companies across infrastructure sectors

Top headlines: Tariff troubles for telcos, India's Covid jab for children

Business Standard brings you the top stories for the day

Railway privatisation round 1 goes off track amid operational hurdles

The lack of an independent regulator to ensure that the Railways Ministry gives a level-playing field to private- and government-run trains was a deterrent for the players

Retro tax scrapping revived foreign interest in India's privatisation plan

The governments decision to nullify retrospective taxation provisions has brought fresh lease of life to its strategic disinvestment plan with growing overseas investor interest

Govt extends bidding deadline for RINL transaction advisors till Aug 26

This is the second extension given for transaction advisors

'Rigorous' work underway to achieve privatisation targets: FM Sitharaman

Sitharaman said on Thursday that the government is undertaking all the "necessary rigorous" work to complete the planned privatisation processes by the end of this financial year.

Parliament passes bill for privatisation of state-run general insurers

The General Insurance Business (Nationalisation) Amendment Bill, 2021, was passed by the Lok Sabha on August 2.