Opposition strike Thursday for FDI, diesel price hike rollback
September 19th, 2012 - 10:41 pm ICT by IANS
New Delhi, Sep 19 (IANS) The opposition parties will hold a nationwide strike Thursday demanding a rollback of the government's decision to hike diesel prices, cap subsidised cooking gas ... Read more...
Posted in Uncategorized |
Ministers who matter in Manmohan’s cabinet
September 6th, 2012 - 3:42 pm ICT by IANS
The slew of ministerial groups set up by Prime Minister Manmohan Singh to assist in consensus-building and decision-making, once headed by Pranab Mukherjee, who was then the finance minister and ... Read more...
Posted in Uncategorized |
CAG unravels Rs.14,000 crore cost overruns in hydro projects
August 31st, 2012 - 8:46 pm ICT by IANS
New Delhi, Aug 31 (IANS) Delays in implementing 16 hydro power projects by four state-run generators, including NHPC, resulted in cost overruns of more than Rs.14,700 crore, India's official auditor said ... Read more...
Posted in Business |
Government approves plan to promote hybrid vehicles
August 29th, 2012 - 11:25 pm ICT by IANS
New Delhi, Aug 29 (IANS) The government Wednesday approved a project for the promotion of environmentally-friendly electric and hybrid vehicles, at a total cost of Rs.23,000 crore ($4 billion) which ... Read more...
Posted in Environment |
Chidambaram hints at modifying tax norms, cut deficit (Roundup)
August 6th, 2012 - 9:33 pm ICT by IANS
New Delhi, Aug 6 (IANS) Finance Minister P. Chidambaram Monday said the government will fine-tune policies to meet investor expectations, cut fiscal deficit and revive growth."Our policies have to ... Read more...
Posted in Business |
Chidambaram to fine-tune investment policies, spur growth (Lead)
August 6th, 2012 - 7:34 pm ICT by IANS
New Delhi, Aug 6 (IANS) Finance Minister P. Chidambaram Monday tried to reassure investors that the government will fine-tune policies to meet their expectations and revive growth."Our policies have ... Read more...
Posted in Uncategorized |
Panel opposes state role in land takeover for private use
May 17th, 2012 - 6:55 pm ICT by IANS
New Delhi, May 17 (IANS) A parliamentary panel Thursday suggested that the state should have no role in acquisition of land for private players, except in cases of infrastructure and ... Read more...
Posted in Politics |
Government to raise Rs.30,000 crore from disinvestment
March 16th, 2012 - 6:35 pm ICT by IANS
New Delhi, March 16 (IANS) After being unable to mop up even half the targeted amount in the current fiscal, Finance Minister Pranab Mukherjee Friday proposed to raise Rs.30,000 ... Read more...
Posted in Business |
Government allows state-owned firms to buy back shares
March 1st, 2012 - 8:07 pm ICT by IANS
New Delhi, March 1 (IANS) India Thursday allowed state-owned companies to buy back their own shares from the government as part of a strategy to raise a substantial amount ... Read more...
Posted in Business |
17 state-run firms to invest Rs.140,000 crore: PM
January 31st, 2012 - 10:16 pm ICT by IANS
New Delhi, Jan 31 (IANS) Prime Minister Manmohan Singh Tuesday said 17 central public sector undertakings (CPSUs) will invest Rs.140,000 crore in the coming year."I am extremely happy to ... Read more...
Posted in Business |
Technopark TBI empanelled as partner by TISS
January 17th, 2012 - 12:46 am ICT by IANS
Thiruvananthapuram, Jan 16 (IANS) Technopark's Technology Business Incubator (T-TBI) Monday got a shot in the arm with Mumbai's Tata Institute of Social Sciences (TISS) empanelling it as its partner in ... Read more...
Posted in Business |
New policy soon to monitor government buys
November 30th, 2011 - 8:18 pm ICT by IANS
New Delhi, Nov 30 (IANS) The government Wednesday unveiled the draft of a new policy that will help bring transparency in public procurements through open competitive bidding.The bill is ... Read more...
Posted in Business |
New policy for faster acquisition of overseas mineral assets
October 13th, 2011 - 4:06 pm ICT by IANS
New Delhi, Oct 13 (IANS) India has decided to consider a sovereign wealth fund to assist its state-run units acquire oil and mineral assets and related raw material abroad ... Read more...
Posted in World |
Revised disinvestment target in November: Official
October 1st, 2011 - 7:10 pm ICT by IANS
Kolkata, Oct 1 (IANS) The central government will come up with a revised disinvestment target and determine the revised number of public sector enterprises whose stake will be divested in ... Read more...
Posted in Business |
State-run TSL making losses for 20 years
August 23rd, 2011 - 8:12 pm ICT by IANS
New Delhi, Aug 23 (IANS) Heavy equipment-maker Triveni Structurals Ltd (TSL) has been consistently running in losses for the last two decades, the sole state-run firm to do so, the ... Read more...
Posted in Business |
Over Rs.61,600 crore in net worth of public sector firms eroded
August 18th, 2011 - 7:02 pm ICT by IANS
New Delhi, Aug 18 (IANS) Over Rs.61,600 crore in net worth has been eroded of 59 state- run companies during the last three years ending 2009-10, Minister of Heavy Industries ... Read more...
Posted in Business |
State-run telecom operators turn red
August 17th, 2011 - 8:07 pm ICT by IANS
New Delhi, Aug 17 (IANS) Even as India's telecom sector continues to witness a boom in terms of subscriber additions to the network, the profitability of two state-run service operators ... Read more...
Posted in Sci-Tech |
MTNL, BSNL merger proposal being examined
August 11th, 2011 - 12:42 am ICT by IANS
New Delhi, Aug 10 (IANS) The Department of Telecom (DoT) is examining a proposal to merge state-run firms ITI and Mahanagar Telephone Nigam Limited (MTNL) with Bharat Sanchar Nigam Limited ... Read more...
Posted in Sci-Tech |
Panel slams lapses in corporation for handlooms
August 2nd, 2011 - 11:51 pm ICT by IANS
New Delhi, Aug 2 (IANS) There is a high degree of mismanagement and lack of interest in carrying forward the work of North Eastern Handicrafts and Handlooms Development Corp (NEHHDC), ... Read more...
Posted in Business |
In quest of a larger Bengali identity (IANS Books)
July 31st, 2011 - 10:44 am ICT by IANS
Book: "Land of Two Rivers: A History of Bengal from the Mahabharata to Mujib"; Author: Nitish Sengupta; Publisher: Penguin India; Price: Rs.650; Pages: 639Not many Bengali-speaking people know of the ... Read more...
Posted in Life Style |
Kerala to focus more on its newer industries
June 14th, 2011 - 6:17 pm ICT by IANS
Thiruvananthapuram, June 14 (IANS) Kerala will promote newer industries like IT, bio-technology and tourism, new state Industry Minister P.K. Kunhalikutty said Tuesday."Given the scheme of things that prevails here, manufacturing ... Read more...
Posted in Business |
Government to put Scooters India on the block (Lead)
May 19th, 2011 - 5:57 pm ICT by IANS
New Delhi, May 19 (IANS) The government Thursday said it will sell its entire 95 percent stake in loss-making two- and three-wheeler manufacturer Scooters India Ltd, maker of the ... Read more...
Posted in Business |
PM hopes inflation to come down in coming months
March 31st, 2011 - 10:37 pm ICT by ANI
New Delhi, Mar 31 (ANI): Stating that inflation has been a problem in the recent months, the Prime Minister, Dr. Manmohan Singh, on Thursday said he is hopeful of seeing lower ... Read more...
Posted in National |
Corporates cannot avoid social responsibility, says Patel
March 21st, 2011 - 8:00 pm ICT by IANS
Mumbai, March 21 (IANS) The corporate sector cannot avoid its responsibility of improving the lives of people, union Heavy Industries and Public Enterprises Minister Praful Patel said here Monday.He was ... Read more...
Posted in Business |
Public sector needs more support in globalised environment: Praful Patel
March 9th, 2011 - 10:26 pm ICT by ANI
New Delhi, Mar 9 (ANI): Minister for Heavy Industries and Public Enterprises Praful Patel today said that in the globalised environment, the public sector has to be given more support to meet ... Read more...
Posted in National |
Praful Patel to hold interactive session with Public Sector Enterprises
March 7th, 2011 - 9:50 pm ICT by ANI
New Delhi, Mar 7 (ANI): Minister of Heavy Industries and Public Enterprises Praful Patel will hold the first ever ministerial level interactive session with a cross-section of Central Public Sector Enterprises (CPSEs) ... Read more...
Posted in National |
Rs.40,000 crore disinvestment target will be met: Patel
March 1st, 2011 - 5:26 pm ICT by IANS
New Delhi, March 1 (IANS) Despite missing the current financial year's target, the government is confident of raising Rs.40,000 crore ($9 billion) through the sale of stakes in state-run firms, Heavy ... Read more...
Posted in Business |
Patel to focus on re-energising public sector firms
January 20th, 2011 - 10:56 pm ICT by IANS
New Delhi, Jan 20 (IANS) Newly-appointed Heavy Industries and Public Enterprises Minister Praful Patel Thursday said he would renew efforts to re-energise the public sector enterprises which come under his ministry. Patel, ... Read more...
Posted in Business |
Praful Patel determined to strengthen foundation of his new ministry
January 20th, 2011 - 3:48 pm ICT by ANI
New Delhi, Jan 20 (ANI): Former Civil Aviation Minister Praful Patel, who assumed charge of the Ministry of Heavy Industries on Thursday said the foremost duty of his new ministry would ... Read more...
Posted in National |
Zardari extends hand of friendship to Nawaz for Pak’s development
December 20th, 2010 - 2:09 pm ICT by ANI
Islamabad, Dec 20(ANI): Pakistan President Asif Ali Zardari has urged Pakistan Muslim League-Nawaz (PML-N) chief Nawaz Sharif to shun his party's differences with the Pakistan People's Party (PPP).In a letter, ... Read more...
Posted in South Asia |
Government committed to strong public sector: Manmohan Singh
December 15th, 2010 - 2:13 pm ICT by ANI
New Delhi, Dec 15 (ANI): The Prime Minister, Dr. Manmohan Singh, on Wednesday said that the Central Government is committed to a strong public sector in many areas of the economy.Presenting ... Read more...
Posted in National |
Government websites must follow security guidelines: Pilot
December 14th, 2010 - 10:23 pm ICT by IANS
New Delhi, Dec 14 (IANS) All government websites must adhere to the web security guidelines and those issued by the National Informatics Centre (NIC), Minister of State for Communications Sachin Pilot ... Read more...
Posted in Sci-Tech |
‘Pak to lose foreign funding if it severs links with Transparency International’
November 22nd, 2010 - 4:40 pm ICT by ANI
Islamabad, Nov 22(ANI): Foreign funding to Pakistan may reportedly be directly hit if the country's government cuts its contacts with anti-corruption organization Transparency International Pakistan (TIP).According to the News, severing contacts with ... Read more...
Posted in South Asia |
State-run firms told to ensure gender equality
September 22nd, 2010 - 9:33 pm ICT by IANS
New Delhi, Sep 22 (IANS) An apex organisation of state-run enterprises Wednesday asked these firms to enhance women's representation on their boards to promote gender equality.
Addressing a workshop here, Director General U.D. ... Read more...
Posted in Business |
State-run firms to import 4.13 lakh tonne of pulses 2010-11
September 22nd, 2010 - 8:55 pm ICT by IANS
New Delhi, Sep 22 (IANS) Various state-run trading firms have inked pacts to import 4.13 lakh tonnes of pulses in 2010-11, said the ministry for consumer affairs, food and public distribution Wednesday.
The ... Read more...
Posted in Business |