Marking to market
The department of disinvestment has started consultations to finalise the disinvestment programme for the coming fiscal. This comes at a time when the market sentiments are improving. The government had kept the sell-off bar low for the current fiscal in view of the depressed market conditions then. Will the DoD raise the disinvestment revenue target for the coming year? Disinvestment secretary Ravi Mathur is silent, but the market knows well which way the wind is blowing.
Customer care, at last?
Indraprastha Gas, a GAIL-BPCL joint venture for gas retailing, does not seem to score high on customer satisfaction, especially for those waiting for new connections. However, with more players entering the sector, IGL is likely to face the heat soon. Luckily for the company, KK Gupta who has taken over as IGL chairman, is a marketing professional who knows that customer is king.