Government policies
Govt defers recovery of Rs45,000-crore dues of Vodafone, Airtel
21 Nov 2019
Expectations of government help and plans by all four telcos, including Vodafone Idea, Bharti Airtel, Reliance Jio and state-owned BSNL, to raise prices sparked a rally in shares of all listed carriers
Govt to sell stake in 28 major PSUs and their subsidiaries
20 Nov 2019
Hit by underperformance of state-run companies in the stock markets, the government has managed to raise a meagre Rs15,483.05 crore through sale of stake in PSUs against the ambitious asset sale target of Rs1,05,000 crore for the current fiscal
Govt sets up agency to modernise, promote bicycle industry
18 Nov 2019
The government is looking to boost bicycle demand, inter-alia, by ensuring enabling safe and segregated cycling infrastructure and enhancing export competitiveness of bicycles through support of schemes and favourable trade policies
DoT asks telecom companies to clear dues in 3 months
14 Nov 2019
While the DoT has given telecom operators the option to clear all the dues on self-assessment basis, reports citing officials of Aditya Birla group and partner Vodafone group that while they would like to stay invested, any further investment would depend on the government providing substantial relief in both revenue share and spectrum dues
Govt launches Rs25,000-cr window for stalled housing projects
07 Nov 2019
The asset alternative fund (AIF) with an initial corpus of Rs10,000 crore from the government and the remaining Rs15,000 crore pooled by financial institutions such as SBI and LIC, will benefit 1,600-odd stalled housing projects comprising 4.58 lakh dwelling units