Divestment: Fearing backlash, govt opts for minority stake sales over outright privatisation

With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales......

Tata Steel to bid for iron ore mines ahead of expiry of leases in 2030

Tata Steel has built an iron ore chest of nearly 600 million tonnes (mt) and will look for more as it prepares for life beyond 2030 when its legacy captive mines come up for auction. Photograph:......

Modi's ambitious privatisation plans have few takers

It was touted as a game changer but big-ticket privatisation has been a mixed bag as the government faces unanticipated challenges of lukewarm investor response, employee union agitation and legal......

Big private investment in infra would be guided by Gati Shakti: Sitharaman

Big private investment in infrastructure would be guided by Gati Shakti, Finance Minister Nirmala Sitharaman said on Tuesday. Illustration: Dominic Xavier/Rediff.com While presenting the Budget......