Govt May File Draft Papers For IREDA Public Offering By September: DIPAM Secretary
A public sector enterprise under the Ministry of New and Renewable Energy (MNRE), IREDA is engaged in the financing of renewable energy and energy efficiency projects.
Jun 04, 2023, 11:24 AM IST
No Separate Mention of Disinvestment Proceeds in Budget 2023-24
For the next fiscal beginning April 1, the miscellaneous capital receipts have been pegged at Rs 61,000 crore.
Feb 01, 2023, 15:58 PM IST
IDBI Bank to continue primary dealer business even if foreign bank acquires majority stake
As part of the primary dealer activity, IDBI Bank is involved in market making activities in respect of G-Secs, including T-bills. IDBI's treasury actively participates in primary auction of government bonds.
Dec 07, 2022, 11:41 AM IST
Govt receives dividends worth Rs 361 cr from PSUs
Secretary in the department of investment and public asset management (DIPAM) Tuhin Kanta Pandey tweeted the details on his official Twitter account.
Oct 26, 2022, 14:43 PM IST
‘Disinvestment not for shutting down public firms,’ says FM Sitharaman
Nirmala Sitharaman said that public sector enterprises which were privatised between 1994 and 2004 are being driven by professionally run boards.
Jun 10, 2022, 18:38 PM IST
Centre to invite financial bids for SCI sale by Sept; Shipping House, MTI to be hived off
Centre is likely to invite financial bids for Shipping Corporation of India by September, after the process of demerger of non-core assets is completed, an official said.
May 08, 2022, 16:39 PM IST
Centre extends HLL Lifecare bid submission deadline till March 14
The Department of Investment and Public Asset Management had initially on December 14 invited preliminary bids for selling the government's 100 per cent stake in the health sector CPSE.
Feb 27, 2022, 12:34 PM IST
Centre gets financial bids for privatisation of NINL: DIPAM Secretary
The Central government has received financial bids for privatisation of Neelachal Ispat Nigam Ltd.
Dec 23, 2021, 23:49 PM IST
Centre puts on sale MTNL, BSNL assets at base price of Rs 970 crore
BSNL properties located in Hyderabad, Chandigarh, Bhavnagar and Kolkata have been posted for sale.
Nov 20, 2021, 22:22 PM IST
LIC IPO: Centre could launch initial public offer in the January-March quarter
The IPO of LIC is expected in the January-March quarter of the ongoing financial year 2021-22, according to DIPAM Secretary Tuhin Kanta Pandey.
Nov 17, 2021, 16:36 PM IST
LIC IPO: Centre appoints 10 merchant bankers for managing LIC’s mega IPO
The government has appointed 10 merchant bankers including Goldman Sachs (India) Securities, Citigroup Global Markets India, and Nomura Financial Advisory and Securities India.
Sep 08, 2021, 19:24 PM IST
Niti Aayog submits names of public sector banks to be privatised
Niti Aayog was given the task to identify the government-owned banks and insurance company that can be made private.
Jun 03, 2021, 20:22 PM IST
CPSE IPOs within 22 weeks of govt nod
Drawing strict timelines for listing of profitable PSUs, the government has mandated launch of initial public offer (IPO) within five-and-half months of a nod from the ministry concerned.
Feb 19, 2017, 12:08 PM IST
Finance Ministry planning to launch second CPSE ETF this fiscal
With the revamp of the existing CPSE ETF stuck in procedural hurdles, Finance Ministry is planning to launch a new Exchange Traded Fund (ETF) comprising stocks of 10 PSUs in the current fiscal.
Apr 14, 2016, 20:01 PM IST
Finance Ministry planning to launch second CPSE ETF this fiscal
With the revamp of the existing CPSE ETF stuck in procedural hurdles, Finance Ministry is planning to launch a new Exchange Traded Fund (ETF) comprising stocks of 10 PSUs in the current fiscal.
Apr 14, 2016, 20:01 PM IST
NITI Aayog to submit PSU strategic sale roadmap this month
NITI Aayog will submit a blueprint for divesting government's stake in some PSUs and strategic sale of those that have been sick for a long time by this month.
Apr 03, 2016, 12:17 PM IST
DIPAM, NITI hold first meeting for selecting PSUs for sale
Setting the ball rolling on strategic sale of state-owned companies, DIPAM and NITI Aayog have started discussions to identify the PSUs that can be sold outright during the next fiscal.
Mar 06, 2016, 13:20 PM IST
DIPAM to ensure unlisted PSUs pay dividend or buyback shares
Finance Ministry today said the rechristened Department of Disinvestment will ensure that the unlisted PSUs with huge cash piles either pay special dividend or buyback government shares and gradually move towards listing
Mar 04, 2016, 19:31 PM IST
