Polaris Deploys 10M Smart Meters Across India
Polaris Smart Metering is transforming India's power sector with 10 million smart meters deployment nationwide. Discover how they're doubling market share and revolutionizing energy management.
Category : Search result: public sector privatisation
Sitharaman Unveils Banking Reforms & AI Regulation
Finance Minister Nirmala Sitharaman announces transformative banking reforms, AI regulation framework, and GST simplification to fuel India's economic growth at SBI Conclave.
India Retains Bank Shareholder Voting Rights Cap at 26%
Exclusive: Indian government plans to maintain 26% cap on voting rights for major bank shareholders, ensuring regulatory control while balancing foreign investment interests in banking sector reforms.
Bank Unions Oppose FM's Privatisation Remarks
Indian banking unions strongly oppose FM Nirmala Sitharaman's privatisation remarks, demand strengthening of public sector banks instead. Latest updates on the banking sector debate.
Indian IT Navigates AI Storm with Top Client Focus
Discover how India's $245 billion IT industry is navigating AI uncertainties by strengthening relationships with top global clients while maintaining steady revenue growth.
PSU Banks Record ₹49,456 Cr Profit in Q2
India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.
Bank Unions Oppose Public Sector Bank Mergers
Indian banking unions unite against proposed consolidation of Union Bank, Indian Overseas Bank, and other public sector banks, citing job security and service quality concerns.
PSU Bank Stocks Rally Up to 3% on Merger Buzz
Bank of Baroda, Bank of India lead PSU bank rally amid government's consolidation push. Investors cheer potential merger of smaller state-owned lenders as stocks hit new highs.
Powercom Contract Workers Strike in Jalandhar
Contract workers at Punjab State Power Corporation Limited stage massive protest in Jalandhar, demanding job security and opposing privatisation moves that threaten their livelihoods.
GNPS Chandigarh Celebrates Annual Day with Cultural Splendor
Guru Nanak Public School, Sector 36, Chandigarh dazzled with cultural performances and academic excellence at their grand Annual Day celebration, featuring chief guest Justice Rajan Gupta.
India's ₹3 Lakh Crore Discom Debt Crisis
India's struggling power distribution companies (discoms) are drowning in debt. A new financial relief package aims to break the cycle, but will privatization and reforms bring lasting change?
Canara Bank Q2 Profit Rises 19% to ₹4,774 Crore
Canara Bank reports robust Q2 FY24 performance with 19% profit growth and improved asset quality, though net interest income sees marginal decline. Key highlights and analysis inside.
Central PSU Employees Get 4% DA Hike from January 2024
Over 7 lakh central public sector employees to receive revised Dearness Allowance effective January 1, 2024, as government implements 4% hike following latest CPI-IW data.
LIC Stake Sale: Govt Eyes $1.5B Divestment by Dec
Indian government plans strategic divestment of LIC stake worth up to $1.5 billion by December 2024. SEBI's minimum public shareholding norm drives this major financial move.
Service Sector Creates 3X More Jobs Than Manufacturing: NITI Aayog
New NITI Aayog data shows India's service sector generated 3.7X more employment than manufacturing between 2017-2023, signaling a major shift in the country's job landscape.
India's industrial growth hits 3-month low at 5.8%
India's industrial output growth slowed to 5.8% in September, marking the weakest performance in three months. Manufacturing and mining sectors show concerning deceleration despite overall economic resilience.
India Tech Sector Hits $1.48B in Q3 Deals
Indian technology sector demonstrates remarkable resilience with 88 deals worth $1.48 billion in Q3 2024, showcasing strong investor confidence despite global headwinds.
HLL Lifecare Pays Record ₹69.53 Cr Dividend, Revenue Up 20%
HLL Lifecare creates history with highest-ever dividend payout of ₹69.53 crore to government amid 20% revenue growth, marking a significant milestone for CPSE dividends.
HLL Lifecare Pays Record ₹69.5 Crore Dividend
HLL Lifecare, a Mini Ratna PSU, creates history by paying its highest-ever dividend of ₹69.5 crore to the government for FY 2024-25, showcasing exceptional financial performance and governance.
Congress alleges Modi govt 'phone banking' for Adani via LIC
Indian National Congress alleges financial misconduct as LIC's substantial investments in Adani Group companies raise eyebrows. Political storm erupts over government's role in public sector investments.
Goa Govt Fills 300 Vacancies in Major Recruitment Drive
The Goa government has successfully recruited 300 candidates through the Staff Selection Commission for various departments, marking a significant boost to public sector employment in the state.
1 Million Govt Jobs Vacant: Crisis in Public Sector
Shocking data reveals 10.4 lakh vacant positions across central government departments, raising serious concerns about governance and service delivery in India.
India's Mega Disinvestment: IDBI Bank Sale & IPO Surge
Indian government accelerates disinvestment with strategic stake sales in IDBI Bank, OFS offerings, and IPO pipeline to boost capital receipts and meet asset monetisation targets in FY25.
Chandigarh HC Orders Action Against Mandi Mess Officials
The Punjab and Haryana High Court has ordered Chandigarh administration to reveal disciplinary measures taken against officers responsible for sanitation failures at Sector 26 grain market, raising questions about environmental governance.
India's Core Sector Contracts in September 2025
India's eight core infrastructure industries witnessed contraction in September 2025, with coal and cement sectors showing significant decline. Get detailed analysis of the economic slowdown.
Public Insurers Gain Market Share in FY26 First Half
In a dramatic market shift, public sector insurance companies have increased their collective market share to 58.4% during April-September 2025, marking significant growth and reversing previous trends against private insurers.
Emirates NBD invests $3bn for RBL Bank majority stake
Dubai's Emirates NBD announces massive $3 billion investment to acquire majority stake in India's RBL Bank, marking one of the largest foreign banking deals in Indian financial history.
Draft Electricity Bill 2025: Breaking Power Monopolies
India's new Draft Electricity Amendment Bill 2025 promises to transform the power sector by ending distribution monopolies, promoting renewable energy, and empowering consumers with choice.
India's Electricity Amendment Bill 2025: Power Sector Reforms
The new draft Electricity Amendment Bill 2025 proposes sweeping reforms to transform India's power distribution, promote renewable energy, and empower consumers with choice and competition.
Karnataka bags 2 global transport records under Shakti
Karnataka's revolutionary Shakti free bus travel scheme achieves two Guinness World Records, transforming public transportation and empowering millions of women across the state.
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