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Paradeep Phosphates Ltd

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Normal life hit by Odisha bandh, 1,500 detained

Over 1,500 people were taken into preventive custody on Monday during the bandh called by the Congress in Odisha which hit normal life and disrupted train and road traffic. The bandh, called in......

20 years later: India's privatisation story off to 'Maharaja' start

After a hiatus of nearly two decades, the government's CPSE privatisation programme started off with flying colours with Tata group buying the debt-laden national carrier Air India. Illustration:......

After 20 years, privatisation programme in India off to 'Maharaja' start

After a hiatus of nearly two decades, the government's programme to privatise state-owned firms restarted with the handing over of debt-laden national carrier Air India to the Tata Group.......

The strange case of privatising Paradeep Phosphate

Imagine the controlling interest in a fertilizer corporation in which public funds in excess of Rs 670 crore (Rs 6.7 billion) have been invested being sold to a private company for barely Rs 15......

Lukewarm response to Posco compensation

The Orissa government and Posco India's effort to expedite land acquisition for the latter's Rs 54,000-crore (Rs 540-billion) steel project near Paradeep in Jagatsinghpur district has turned out to......

Govt offers sops to sell PSUs in the red

The government will offer financial incentives to attract buyers for its loss-making public sector units.The policy on financial incentives, which has been given the green signal by the core group......

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