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Our privatization challenge calls for a fresh approach - Vimarsana News

Our privatization challenge calls for a fresh approach

Our privatization challenge calls for a fresh approach Premium (Mint) Diva Jain Share Via Read Full Story The budget declared an aggressive “disinvestment" target—of ₹1.75 trillion—with little clarity on how it will be achieved. Achieving it poses a challenge that cannot be met without thinking outside the bureaucratic sandbox. India, save for a brief period of time during the Atal Bihari Vajpayee era, has followed a ‘partial privatization’ model focused on raising revenue by selling non-controlling stakes in public sector units (PSUs) while retaining total control over the decis...

Street awaits Coal India's volume recovery after Q3 miss - Vimarsana News

Street awaits Coal India's volume recovery after Q3 miss

Street awaits Coal India's volume recovery after Q3 miss Coal India's sales volume though increased 9.1% year-on-year to 154 million tonnes in the December quarter, it came on a low base of last year. Photo: AFPPremium 2 min read Share Via Read Full Story Volume disappointment and profit concerns remain for Coal India even though the company continues to see regular improvement in performance post easing of lockdown. Sales volume though increased 9.1% year-on-year to 154 million tonnes (MT) in the December quarter, it came on a low base of last year. The company’s sales volumes for 10 mon...