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DIPAM ARUNISH CHAWLA
IDBI Bank sale to Fairfax enters final lap, RBI nod now key: DIPAMThe strategic sale of IDBI Bank to Canada’s Fairfax Financial Holdings is expected to be completed by the end of FY27, subject to RBI appro...
Fairfax must merge CSB or exit one bank within 2 years: DIPAM Secy Arunish ChawlaThe Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...
Government mobilises about Rs 3,000 crore from Hindustan Copper OFSThe government successfully raised nearly Rs 3,000 crore from selling Hindustan Copper shares. This offer for sale saw strong participation...
LIC OFS gets strong response from retail investors, subscribed 1.82 times the base sizeLIC’s retail offer for sale attracted strong investor interest, with the base retail issue subscribed 1.82 times. The government’s 6.5% sta...
LIC OFS: Non-retail portion fully subscribed on Day 1. Here’s what investors should knowLIC's Rs 31,410-crore offer for sale (OFS) was fully booked on Tuesday on Day 1. The government aims to pare its stake through a 2.5% base ...
LIC shares sink 9% as OFS opens at 11% discount. Here's all you need to knowLIC shares plunged nearly 9% after the government’s offer for sale (OFS) to divest up to a 6.5% stake in the insurer opened for institution...
LIC OFS opens on August 4 as govt looks to sell up to 6.5% stake. Check detailsThe government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest u...
IDBI Bank sale may stall as bids trail reserve priceIDBI Bank sale: An outright cancellation of the strategic sale of IDBI will make it harder for the government to realise its FY27 disinvest...
DIPAM secretary: Rs 80,000 crore target high but achievableThe government aims to raise ₹80,000 crore through disinvestment and asset monetisation in FY27. DIPAM secretary Arunish Chawla expressed c...
Union Budget 2026: Sitharaman’s power team which makes India's Budget and decides your taxesUnion Budget 2026: As Finance Minister Nirmala Sitharaman prepares the Union Budget for FY2026-27, a core team of senior bureaucrats is sha...
Govt plans to divest up to 6% in Bank of MaharashtraThe government is divesting up to a 6% stake in Bank of Maharashtra via an Offer for Sale (OFS), starting December 2. This move aims to rai...
IDBI stake sale likely to be completed this fiscal: DIPAM secyDIPAM Secretary Arunish Chawla anticipates the completion of the IDBI stake sale this fiscal year, citing the near completion of due dilige...
Centre may call IDBI bids in Q3The Indian government anticipates inviting financial bids for IDBI Bank's strategic sale in the third quarter of FY26, aiming to finalize t...
Due diligence for IDBI Bank stake sale done, financial bids expected in Q3: DIPAM SecyThe government anticipates inviting financial bids for IDBI Bank's disinvestment in the third quarter of the current fiscal year. The selec...
Govt appoints merchant bankers, legal firms for managing stake sales in LIC, PSBs, other fin institutionsThe government has appointed merchant bankers and legal advisors for minority stake sales in LIC and other public sector financial institut...
FinMin working on strategy to insulate economy from geo political shocks: DIPAM SecretaryDIPAM Secretary Arunish Chawla stated that the finance ministry is conducting weekly capital reviews of public sector undertakings. The gov...
Govt may encourage private firms to adopt a fair dividend policy, says DIPAM secretary Arunish ChawlaThe government plans to nudge listed private companies to adopt fair dividend policies, aiming to improve the share market for common inves...
Asset valuer appointed for IDBI Bank; govt deliberating on share purchase pact: DIPAM secretaryThe Indian government has appointed asset valuers for the valuation of IDBI Bank and is deliberating on a share purchase agreement with a p...
Challenges galore as Sitharaman and her team sit down to frame FY26 BudgetBudget: Finance Minister Nirmala Sitharaman is set to present her eighth consecutive Union Budget amidst challenges such as economic decele...
Tuhin Kanta Pandey appointed revenue secretary; Arunish Chawla takes over as DIPAM secretaryThe Appointments Committee of the Cabinet has appointed Tuhin Kanta Pandey as Secretary, Department of Revenue, Ministry of Finance while A...