India will look at restructuring state-run firms: Modi
Changing employees' work culture is also important, PM adds
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New Delhi
INDIA will consider restructuring its beleaguered state-run firms, in preference to divestments or outright shutdowns, by taking steps to change the work culture of their employees, Prime Minister Narendra Modi said on Friday.
Mr Modi's government is focusing on reforming India's underperforming state-run companies, through measures such as privatisations and stake sales that can also help raise funds.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium