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BEML PRIVATISATION
Govt to reassess interest of bidders for Shipping Corp and BEML, hits pause on Concor and BPCLThe Indian government plans to reassess bidder interest in several public sector companies, including Shipping Corporation and BEML, though...- Disinvestment fetches over Rs 4.20 lakh cr in 10 years but target to be missed again in FY24Big ticket privatisation plans such as that of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and CONCOR are ...
- Union Budget 2023-24: Divestment target pegged at Rs 51,000 croreThe Indian government expects to raise Rs 51,000 crore from stake sales in various state-run companies, budget documents released on Wednes...
- Some hits, many misses: Do India's disinvestment plans need a reset?Prime Minister Narendra Modi's often-repeated statement 'the government has no business to be in business' guided the drawing up of an ambi...
- BEML shares to trade ex-demerger on Thursday; stock rises 2%The company fixed the issuance ratio at 1:1 which means that the eligible shareholders of BEML will get one equity share of newly listed BE...
- Govt may invite financial bids for BEML privatisation in December quarterThe official said that every shareholder of BEML will get shares in BEML Land Assets and the process of demerger would be completed by the ...
- Centre makes renewed bid to complete privatisation of PSUsOwing to pandemic-led disruptions, the process has been delayed for quite a long time now, therefore, the govt has decided to provide a fre...
- Hattrick of misses: Centre set to miss divestment target yet againAs a part of the Union Budget 2021, FM Sitharaman laid bare the Narendra Modi government’s plan, an unwavering intent to do away with gover...
- DIPAM aims to privatise BPCL, BEML and 4 others by end of current fiscalOn the initial public offering of Life Insurance Corporation (LIC), the secretary said that it is expected in the January-March quarter ( f...
- Finance Ministry to seek Cabinet nod for setting up company to monetise land assets of privatisation-bound CPSEsA special purpose vehicle (SPV) in the form of a company would be set up to hold these assets which would be monetised to fetch value to th...
- Air India sale: Govt to issue LoI to Tata Group on Monday; purchase pact likely soonDIPAM secretary Tuhin Kanta Pandey also told ET that financial bids for Pawan Hans, Bharat Petroleum, BEML, Shipping Corporation of India a...
- Privatisation of PSUs back on track after COVID-induced setback: DIPAM SecyThe mega initial public offering of LIC is expected by the end of the current fiscal, and the government is looking to collect Rs 50,000 cr...
- Govt striving to complete privatisation of CPSEs listed out in Budget: DIPAM SecySpeaking at a Ficci event, DIPAM Secretary Tuhin Kanta Pandey said BEML, Shipping Corp of India, Neelachal Ispat Nigam, BPCL and Air India ...
- Govt targets to conclude ongoing CPSE privatisation this fiscalThe process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp and NINL has already moved to the second stage after the g...
- Covid second wave may impact government's privatisation driveThe Centre has made privatisation of state-run firms a key policy priority and it is seen as a major source of much-needed funds for the go...
- Second wave may impact govt’s privatisation driveThe Centre has made privatisation of state-run firms a key policy priority and it is seen as a major source of much-needed funds for the go...
- Government gets multiple EoIs for privatisation of NINLThe process of privatisation of Air India, BPCL, Pawan Hans, BEML and Shipping Corp has also moved to the second stage after the government...
- Govt garners Rs 30,369 cr as dividend from PSUs: DIPAM Secretary Tuhin Kanta Pandey"Dividend receipts of GoI (Government of India) from CPSEs stand at about Rs 30,369 crore in the current financial year (as of 22.3.2021),"...
- BEML disinvestment gets multiple expressions of interest, says DIPAMDIPAM had set the minimum net worth requirement for bidders at Rs 1,400 crore. Companies, limited liability partnerships (LLPs) and funds e...
- Holding company in the offing for strategic PSUs, plan may kick off with defence, power and miningTwo separate holding company structures are being considered. A new company could be set up to house government holdings in different state...
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