Pakistan's PIA privatised in $480 million deal
Pakistan International Airlines (PIA) sold to Arif Habib consortium. Can it replicate Air India's success? Key challenges include debt, ageing fleet, and staff restructuring.
Pakistan International Airlines (PIA) sold to Arif Habib consortium. Can it replicate Air India's success? Key challenges include debt, ageing fleet, and staff restructuring.
CII urges institutional reforms & fiscal consolidation in Budget 2026-27 for growth. Key asks: tech to curb tax evasion, debt control, PSU privatisation, and revamping food distribution. Read more.
CII recommends a clear 3-year privatisation pipeline for PSUs in its budget suggestions, aiming to boost investor confidence and government revenue. Read the full proposal.
Uttar Pradesh Power Minister AK Sharma clarifies no final decision on electricity privatisation. Centre releases Rs 1,000 crore for electrifying 20,000 hamlets. Details inside.
Central Electricity Authority seeks stakeholder suggestions to bridge the mismatch between power sector research needs and academic efforts. Inputs will shape the National Electricity Plan for 2027-28 to 2036-37. Read more.
Pakistan sells its national carrier PIA for Rs 135 billion, highlighting a severe economic crisis. The sale follows government absorption of over Rs 650 billion in liabilities. Read more.
In a major drive against electricity theft, CESC vigilance squads registered 31 cases and imposed fines totalling Rs 2.2 lakh in Mysuru and nearby districts. Read the full details of the operation.
Pakistan's government finalises the sale of Pakistan International Airlines to a consortium for Rs 135 billion. The deal marks a major privatisation milestone. Read the full details.
CESC's vigilance teams raided five districts in Karnataka, filing 31 cases and imposing fines of ₹2.17 lakh for illegal electricity connections. Read the full details of the crackdown.
Karnataka High Court reinstates state's order requiring embedded generators to supply power to the grid at Rs 4.86/unit. The ruling clarifies state jurisdiction over cogeneration plants. Read the full details.
A massive electricity theft racket using 5 km of illegal lines & 95 official poles was busted in Jaisalmer's Ghotaru. The nexus, with suspected insider help, powered illegal cultivation on govt land, causing lakhs in monthly losses. Read the shocking deta
Pakistan International Airlines' privatisation hits a major roadblock as the only remaining bidder withdraws. The airline's financial crisis and future are now in question. Read the full analysis.
As Punjab debates the Electricity (Amendment) Bill, 2025, the core question is whether new contracts will safeguard subsidies and rural supply as firmly as they ensure private returns. Read the full analysis.
Kerala government settles electricity bill arrears of departments & KWA by netting off Rs 1,188.52 crore from KSEB's duty. Move follows court stay on duty remittance. Details inside.
Union Minister Manohar Lal Khattar clarifies that the draft Electricity (Amendment) Bill, 2025, will not increase power tariffs for domestic and agricultural consumers. State subsidies will continue, ensuring consumer welfare alongside financial disciplin
A major political dispute erupts in Andhra Pradesh as YSRCP alleges privatisation of 10 medical colleges, while TDP defends the PPP model. Get the full details on the controversy.
Adani Group, India's 5th largest conglomerate, will bid for nearly a dozen privatised airports as part of a massive Rs 1 lakh crore investment in aviation infrastructure over five years. Read more.
A political slugfest erupts in Andhra Pradesh over the TDP government's plan to build medical colleges via PPP. Opposition YSRCP cries privatisation. Get the full story.
Adani Group announces a massive ₹1 lakh crore investment in its airports business, betting on India's 15-16% annual aviation growth. Navi Mumbai airport starts Dec 25.
Adani Group announces a massive Rs 1 lakh crore investment in airport infrastructure, with Navi Mumbai airport set to boost its portfolio. Read about its aggressive plans for future privatisation bids.
Adani Group announces a massive Rs 1 lakh crore investment in its airports business over five years, eyeing 15-16% annual growth. Navi Mumbai Airport starts Dec 25.
YSRCP chief Jagan Mohan Reddy submits 1 crore signatures to AP Governor, warns of arrests for private firms if party returns to power, calls privatisation a Rs 120 crore scam.
A major dispute over smart prepaid meter pricing unfolded at a UPERC meeting. Power utilities demand up to Rs 13,000, while consumer advocates cite prices as low as Rs 2,500. Key details inside.
Farmers in Punjab, led by Kisan Mazdur Morcha, staged massive protests against the Electricity Amendment Bill and forced prepaid meter installation. Leaders demand state govt resolution and action on pollution laws. Read more.
Andhra Pradesh CM YS Jagan Mohan Reddy submits one crore signatures to Governor, opposing privatisation of medical colleges. He warns of healthcare exploitation and vows legal action.
Citizens for Democracy Goa petitions against mandatory external electricity meter relocation, citing privacy risks from smart meters and high costs for consumers. Read their demands.
Power cuts disrupting your life? Under India's Electricity (Rights of Consumers) Rules, 2020, you can claim compensation from your DISCOM. Learn how to file a complaint and get financial relief for unscheduled outages.
Farmers, labourers, and electricity employees announce joint protests against the Draft Electricity (Amendment) Bill, 2025 and privatisation. A major march to Lucknow and Delhi is planned. Read more.
UPERC proposes a lumpsum fee for new electricity connections, ending corruption-prone estimates. Final approval expected Dec 18. Get details on new transparent charges.
Andhra Pradesh's YS Jagan Mohan Reddy will submit one crore signatures opposing the privatisation of new government medical colleges to the Governor, alleging the NDA is weakening public health.