LIC’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'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 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...

The 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: An outright cancellation of the strategic sale of IDBI will make it harder for the government to realise its FY27 disinvest...

The government aims to raise ₹80,000 crore through disinvestment and asset monetisation in FY27. DIPAM secretary Arunish Chawla expressed c...

Union Budget 2026: As Finance Minister Nirmala Sitharaman prepares the Union Budget for FY2026-27, a core team of senior bureaucrats is sha...

The 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...

DIPAM Secretary Arunish Chawla anticipates the completion of the IDBI stake sale this fiscal year, citing the near completion of due dilige...

The Indian government anticipates inviting financial bids for IDBI Bank's strategic sale in the third quarter of FY26, aiming to finalize t...

The government anticipates inviting financial bids for IDBI Bank's disinvestment in the third quarter of the current fiscal year. The selec...

The government has appointed merchant bankers and legal advisors for minority stake sales in LIC and other public sector financial institut...

DIPAM Secretary Arunish Chawla stated that the finance ministry is conducting weekly capital reviews of public sector undertakings. The gov...

The government plans to nudge listed private companies to adopt fair dividend policies, aiming to improve the share market for common inves...

The Indian government has appointed asset valuers for the valuation of IDBI Bank and is deliberating on a share purchase agreement with a p...

Budget: Finance Minister Nirmala Sitharaman is set to present her eighth consecutive Union Budget amidst challenges such as economic decele...

The Appointments Committee of the Cabinet has appointed Tuhin Kanta Pandey as Secretary, Department of Revenue, Ministry of Finance while A...