#public-sector
India getting Post modern: A trusted, expansive institution becomes professionally managed, business-oriented
With a noticeable surge in revenue, India Post is broadening through innovative partnerships. The integration of financial and citizen services into a unified platform has marked a significant shift. Post offices are evolving into modern service hubs, seamles…
Govt plans up to 2% LIC stake sale, may raise Rs 10,000 crore
The government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding amid improving profitability. The stake sale is likely in late June or early July. Merchant bankers were appointed last yea…
Oil companies now making losses of Rs 750 crores a day, down from Rs 1000 crores earlier: MoPNG
The Indian Public sector Oil Marketing Companies (OMCs) have managed to reduce their losses to Rs 750 crores a day down from Rs 1000 crores a day earlier amid the on going West Asia crisis which has been putting pressure on the oil companies due to disruption…