Category: Industry

India largest workers union to protest defence public sector corporatisation, disinvestment, and FDI

New Delhi: India’s largest workers union, Bharatiya Mazdoor Sangh (Hindi, translates to Indian Labour Union), today said it will protest Jan. 3 the proposed corporatisation and disinvestment of the defence Public Sector Undertakings (PSUs) and state-owned industries, and has called for a stop to Foreign Direct Investments (FDIs). […]

Mukesh Ambani firm enters India drones market with Asteria Aerospace shares acquisition

Mumbai: India’s leading industrialist Mukesh Ambani has ventured into the emerging drones market with the Rs 23-crore equity shares acquisition by Reliance Industries Limited in Asteria Aerospace Private Limited. Reliance Industries Limited (RIL) said in a filing with the stock exchanges today that its wholly-owned subsidiary, Reliance Strategic […]