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...
10 Jul, 2024, 11.35 AM IST
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...
11 Jan, 2024, 08.03 AM IST
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...
25 Nov, 2022, 11.18 AM IST
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...
03 Sep, 2022, 12.34 AM IST
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...
12 Feb, 2021, 04.23 PM IST
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...
03 Nov, 2020, 07.36 PM IST
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...
27 Mar, 2020, 06.51 PM IST
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.
27 Mar, 2020, 04.24 PM IST
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.
05 Mar, 2020, 01.47 PM IST
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.
23 Feb, 2020, 12.49 PM IST
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...
31 Jan, 2020, 09.24 AM IST
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.
31 Jan, 2020, 08.58 AM IST
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.
02 Jan, 2020, 06.38 PM IST
DIPAM asks economic affairs division to let it oversee PSU dividendsCurrently, the dividend policy and its collection is handled by the economic affairs divison.
01 Oct, 2019, 08.59 PM IST
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...
19 Jun, 2017, 12.05 AM IST
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...
04 May, 2017, 01.15 AM IST
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...
12 Jan, 2017, 10.49 AM IST