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DIPAM DIVESTMENT TARGET
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
Govt plans up to 2% LIC stake sale, may raise Rs 10,000 croreThe government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...
Non-financial CPSE dividend target may be retained in FY25 revised estimateThe Indian government is on track to achieve its dividend target of Rs 56,260 crore from CPSEs, driven by strong performance in the oil and...
Budget 2024-25: Divestment, dividend targets for FY25 likely to be retainedUnion Budget 2024: The Indian government is expected to maintain its revenue target of ₹1 lakh crore for FY25 from disinvestment, asset mon...
Budget 2024: Modest divestment targets seen for FY25, medium termThe latest review of the divestment process is spurred by the delay in privatisation bids as the strategic sale process remains time-consum...
PNB jumps over 9% to hit 52-week high. What’s driving the rally?Out of the 14 analysts covering the stock, only two have buy ratings while six have sell ratings, and another six have hold ratings. The av...
Hindustan zinc OFS likely by Nov; Dipam working out detailsA delay in the strategic sale of Pawan Hans, Shipping Corporation of India, BEML and IDBI Bank, and less-than-expected public offer of Life...
Govt extends bid submission deadline for Shipping Corp to March 1The Department of Investment and Public Asset Management (DIPAM) in December had invited expressions of interest for strategic disinvestmen...
Govt starts process for strategic sale of Ferro Scrap NigamThe government would appoint a transaction advisor from reputed consulting firms, investment bankers or financial institutions for providin...
Govt completes stake sale in Kamarajar Port for Rs 2,383 croreDepartment of investment and public asset management (DIPAM) completed strategic disinvestment of GOI stake of 66.67% in Kamarajar Port Ltd...
Govt nets Rs 11,500 crore from THDC, NEEPCO strategic divestmentsThe government sold its 74.49% stake in THDC India Ltd for Rs 7,500 crore.
Govt may miss revised FY20 divestment target by Rs 15,000 croreThe government had earlier revised its divestment target for FY20 to Rs 65,000 crore from Rs 1,05,000 crore.
Govt keen to sell stake in THDCIL, NEEPCO to NTPC this fiscalThe acquisition is expected to fetch around Rs 10,000 crore to the exchequer.
Dipam to soon issue EoI for BPCL divestmentOfficials have earlier said that divestment of public sector enterprises, including Air India, which the government wants to execute at a f...
Dipam to soon issue EoI for BPCL divestment“BPCL is at a very advanced stage, the EOI will be issued very soon,” the official said.
Air India, BPCL, Concor divestments “unlikely” this fiscal: Govt officialThe government is unlikely to complete divestment processes for Air India, BPCL and Concor, an official said.
DIPAM asks economic affairs division to let it oversee PSU dividendsCurrently, the dividend policy and its collection is handled by the economic affairs divison.
HLL, SCI among six companies identified for strategic saleThe govt currently holds 73.47 per cent stake in Dredging Corporation of India. At the current market prices, sale of this stake would fetc...
DIPAM tells CPSEs to follow capital restructuring normsA senior government official said the government will continue to push for share buybacks and cash-rich central public sector enterprises a...
Reforms and policy initiatives will gather pace: Manish Singh, Joint Secretary, DIPAMIn an interview with ET Now, Manish Singh, Joint Secretary, DIPAM, gives his take on the landscape of reforms and policy initiatives. Excer...