India Business News: MUMBAI: The stocks of public sector undertakings and banks in which the central govt holds a majority stake have been on a slide since the Lok Sabha r.
PSU stocks: That valuations of most PSUs expanded sharply over past few months. High valuations may reduce the interest of potential bidders even assuming that the government was keen to privatise some of the PSUs, Kotak said.
Politically, the BRS and its chief K Chandrasekhar Rao are said to be of the view that it could put pressure on the Centre as VSP is a sensitive and emotive issue in Andhra Pradesh.
Air India s divestment will strengthen privatisation drive: Economic Survey 2022 - The Centre on Thursday handed over the management control of national carrier Air India to a subsidiary of Tata Sons.