It has become almost fashionable to decry the role of the public sector in developing the nation, in the times of liberalisation and reform that we live in. But India´s public sector, though saddled with a few ageing behemoths
Category: ECONOMY & POLICY
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Revamping Public Sector Units
Public Sector Units (PSUs) in India have been amassing losses, both at the Central and State levelù79 State-run companies had an accumulated loss of Rs 55,656 crore in 2012-13; while at the same time, investment in these companies is approximately Rs. 1.57 lakh crore.
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Batting for Vibrant India
Gujarat as a State has tremendous potential both naturally as well as physically. Being well connected by rail and road is an added advantage although air connectivity needs improvement. Its well-equipped ports are a tremendous boost for industries in the State.
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Local Insight, Global Vision
The Internet of Everything (IoE) brings together people, process, data, and things to make networked connections more relevant and valuable. This concept holds great relevance for India, which is on the cusp of a digital revolution.
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Growth in Store
Over the past couple of decades, the warehousing industry in India has evolved from the traditional concept of a ´godown´ - a small structure with four walls and shed - to a modern-day automated set-up which offers efficient inventory management and value-added services.
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Leading Light
Philips has announced the appointment of Harshavardhan Chitale as CEO of Philips Lighting solutions, South Asia, effective from 1st January, 2015. In his new role, Chitale will be based in Gurgaon and will be responsible for driving and building the Lighting Solutions business for Philips in India.
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India Cements´ QIP proposal okayed
India Cements Ltd (ICL) has received shareholder approval for raising Rs 500 crore through qualified institutional placements (QIP) or foreign currency convertible bonds (FCCB) to meet its capital expenditure needs.
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UP clears Metro rail projects
The Uttar Pradesh Cabinet has okayed the detailed project reports (DPRs) for Metro rail projects in four major cities. The Cabinet meeting, chaired by Chief Minister Akhilesh Yadav, approved DPRs for Kanpur, Meerut, Agra and Varanasi.
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3G spectrum: TRAI proposes 18% cut in reserve price
The Telecom Regulatory Authority of India (TRAI) has prescribed an 18 per cent reduction in the reserve price for 3G spectrum to be auctioned in February.
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GSM operators add 82.1 lakh subscribers in November
GSM mobile operators added 82.1 lakh users in November taking their overall subscriber base to 67.02 crore at the month-end.