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
Tag: PSU
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State marketing cos for flexible deals
PSU refiners, who account for about two-thirds of the country´s oil processing capacity, are seeking more flexibility in import contracts
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Rail Vikas Nigam to hold 10% in new ports infra entity
Government-owned Rail Vikas Nigam Ltd (RVNL) is to take 10 per cent equity in the new public sector unit (PSU) to be formed to enhance port connectivity through the railways.
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Stocks & Barrels
It´s raining good news for the Indian economy. Credit Suisse has said that India will witness the fastest dollar nominal growth in 2015. And falling oil prices are proving to be a major windfall for the country.
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Exim Bank gets Rs.650-crore
Exim Bank has received Rs 650 crore in capital infusion so far this fiscal from government and expects to get a similar sum in second half.
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Distribution Reforms: Coming out of the shadows
Accountability and minimum interference can help the power sector in the country to undergo reform.Although power has always been an area of focus, the ever-widening gap between supply and demand throws light on the endemic problems in the Indian power sector.
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Distribution Reforms: Coming out of the shadows
Accountability and minimum interference can help the power sector in the country to undergo reform.Although power has always been an area of focus, the ever-widening gap between supply and demand throws light on the endemic problems in the Indian power sector.
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¨Bond market will see a face-lift in the near term¨
In an exclusive interview, Rajiv Lall, Chairman, IDFC says that the infrastructure sector is a complex industry and infra funding is an even more complex activity. I agree that that these alternate modes of finance are needed to see some momentum but modes such as infrastructure
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New SPV to develop last-mile port connectivity
The Shipping Ministry is looking at setting up a special purpose vehicle (SPV) for all major ports to provide last-mile rail connectivity.
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Fundamentals revisited
Most banks have shown resilience, preventing further deterioration in asset quality in the fourth quarter. The same quarter also proved to be healthy in terms of recovery for most PSU banks