government ownership

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    Government Plans Equity to Secure PFC Stakepost-Merger

    New Delhi, April 7 The government is exploring options, including the issuance of preference shares or fresh equity, to maintain a 51% stake in the state-owned Power Finance Corporation after its merger with REC, a senior official said.Finance Minister Nirmala Sitharaman had announced the...
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    From Factories to Ghost Towns: A Story of Decline

    Asansol, March 20 – In West Bengal's Paschim Bardhaman district, coal extraction from Raniganj, which has been ongoing for centuries, fueled the region's growth, and later transformed Asansol–Durgapur into a hub for heavy industry and rail-linked manufacturing.Today, the area is home to...
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