Tag: DPSU

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). […]

India forms state-run defence JV for 60k tons/yr aluminium alloy plant

New Delhi: India has established a joint venture between two state-run enterprises to produce 60,000 tonnes-a-year of high end aluminium alloy used in the strategically important aerospace, aviation and defence sectors. India’s defence ministry-run Mishra Dhatu Nigam Limited (MIDHANI) and mining ministry-run National Aluminium Company Limited (NALCO) have […]