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DIPAM SECRETARY
IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to knowIndian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% sta...
Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGCIndian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, si...
IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe optionThe government’s offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.8...
GIC shares dip 4% as Rs 3,088 crore OFS opens for retail investors. Should you participate?General Insurance Corporation of India shares saw a dip as the government initiated an Offer for Sale. Retail investors can now bid for a s...
NHPC shares jump 5% as OFS worth Rs 4,300 crore opens for retail investors. Here's all you need to knowNHPC shares surged over 5% as the government's offer for sale (OFS) opened for retail investors. The OFS was oversubscribed 3.47 times on t...
NHPC OFS subscribed nearly 3.5 times on Day 1, Govt to exercise green shoe optionThe government on Monday announced to sell up to 6 per cent stake in NHPC via OFS at a floor price of Rs 71 per share.
IDBI Bank stake sale back on table; Centre explores revival optionsThe bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...
Skymap Pharma to buy state-run Indian Medicines Pharma for Rs 121 croreThe inter-ministerial committee has officially sanctioned the acquisition of the Indian Medicines Pharmaceutical Corporation by Skymap Phar...
Government okays Skymap Pharmaceuticals' Rs 121-cr bid to buy IMPCLThe government has approved the sale of Indian Medicines Pharmaceutical Corporation Ltd. Skymap Pharmaceuticals Pvt Ltd will acquire the co...
Govt plans to stick to budgeted capex, exit non-strategic areasIndia plans to keep its capital spending high in FY27 to support economic growth. Officials stated the government will continue its planned...
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...
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...
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...
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...
Government gets Rs 5,001 cr dividend from ONGC; total dividend from CPSEs reaches Rs 23,797 cr so far in FY23The DIPAM, in 2020, advised CPSEs to follow a consistent dividend policy and strive to pay higher dividends taking into account factors lik...
LIC IPO met with tremendous success, allotment on May 12: DIPAM Secretary"We are pleased to inform you that the IPO offer which started on the 4th of May has closed today at 7 pm and it has met with tremendous su...
Govt receives Rs 533 cr from 4 CPSEs as dividendAs per the Department of Investment and Public Asset Management (DIPAM) website, so far in the current financial year (April-March), the go...
New dawn for Air India, says Civil Aviation Minister Scindia on airline's sale to Tata GroupThe Tata Group's bid of Rs 18,000 crore comprises taking over of Rs 15,300 crore of debt and paying the rest in cash, Department of Investm...
Government receives over Rs 2,800 crore dividend from CIL, ONGC this fiscalAs per the Department of Investment and Public Asset Management (DIPAM) website, so far in the current financial year (April-March), the go...
Govt may bring anchor investors in PSU IPOsEXPLORING OPTION for forthcoming issues such as LIC; new Bharat Bond ETF issues likely, says DIPAM secretary