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CPSE PRIVATISATION
Government working out transaction structure of RINL strategic sale, says DIPAM SecretaryDepartment of Investment and Public Asset Management (DIPAM), which manages the government's equity in public sector companies, earlier in ...
IDBI Bank buyers need MHA nod in first stage of biddingThis meant that bidders who qualified in the first or the Expression of Interest round, were required to seek security clearance from the g...
Pvt sector should look at brownfield investment opportunities offered in CPSE sale: DIPAM SecyObserving that Indian companies have come of age and are managing complex businesses both in India and abroad, Pandey said they need to loo...
SC seeks Centre's response on plea challenging disinvestment process of HLL Lifecare LtdHLL Lifecare is involved in manufacturing and marketing a range of contraceptives, women's healthcare products, hospital supplies as well a...
Govt may invite financial bids for Shipping Corp sale in March quarter"The demerger of non-core and land assets of Shipping Corporation is at an advanced stage. The process is expected to be over in about thre...
Disinvestment not for shutting down CPSEs, but to make them more efficient, says SitharamanAddressing the iconic week celebrations of Department of Investment and Public Asset Management (DIPAM) as part of 'Azadi ka Amrit Mahotsav...
PM Modi to address global investors on privatisation, asset monetisation on WednesdayGlobal sovereign funds, private equity, global pension funds, investment banks, asset monetisation companies especially real estate, infras...
Govt extends HLL Lifecare bid submission deadline till March 14The last date for submitting expression of interest (EoI) was January 31. This was later extended till February 28. In a notice on its webs...
EoI for sale of ground-handling arm of erstwhile national carrier Air India next fiscalThe government had last month transferred the ownership of Air India to Tata Group, after the later emerged as the winning bidder for buyin...
20 years later: India's CPSE privatisation off to 'Maharaja' startThe government had garnered roughly over Rs 5,000 crore during that five-year period by privatising 10 CPSEs. Besides, three hotel properti...
India's medical infra well prepared to deal with third COVID wave: FM Nirmala SitharamanAnnouncing fresh stimulus measures earlier this week, Sitharaman had said additional funding of Rs 23,220 crore would be given to states fo...
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...
Investors chasing value in PSUs take CPSE index to 2-year highExperts say another 20% rally possible PSU stocks expected to remain in focus led by valuations gap, superior dividend yields and improving...
BPCL disinvestment process moving on well, to conclude sale by Sept-end: DIPAM SecyThe government is selling its entire 52.98 per cent stake in BPCL in the nation's biggest privatisation till date. Vedanta Group and privat...
Privatisation of CPSEs during recession time a horrible idea: SenThe govt has budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions, including two public sector...
Major port trusts, AAI out of the scope of PSE strategic divestment policyThe new Public Sector Enterprise (PSE) policy for Aatmanirbhar Bharat, which classifies public sector commercial enterprises as strategic a...
Here are the key divestment and IPO announcements Nirmala Sitharaman made in her Budget 2021Nirmala Sitharaman said CPSEs in all but four sectors will be eventually privatised. It was also announced that the IPO of LIC will be brou...
Disinvestment plan: No going back on privatisation of BPCL, Air IndiaThe spadework started late last year and 2020 was supposed to be the landmark year in India's history of privatisation with at least three ...
Government to seek cabinet approval for the merger of CRWC with CWCThe government will soon seek cabinet approval for the merger of Central Railside Warehouse Company (CRWC) Limited with Central Warehousing...
Govt issues norms for revival of sick public sector unitsGovernment today issued the guidelines for revival and restructuring of ailing and weak Central Public Sector Enterprises.