DIPAM issues revised capital restructuring norms for CPSEsIndia's Finance Ministry has updated guidelines for capital restructuring by Central Public Sector Enterprises (CPSEs), requiring a minimum...
18 Nov, 2024, 10.00 PM IST
MTNL board approves 10-year service pact with BSNLThe board "accorded its approval to enter into a service agreement between BSNL and MTNL for a period of 10 years or unless it is revoked e...
14 Aug, 2024, 07.39 PM IST
MTNL enters 10-year service agreement with BSNLMahanagar Telephone Nigam Limited (MTNL) announced key decisions after a board meeting, including entering a service agreement with BSNL. I...
14 Aug, 2024, 03.45 PM IST
RBI sets stage for government, LIC stake sale in IDBI BankThe banking regulator has also decided to accept the request from the department of investment and public asset management (DIPAM) for unde...
01 Sep, 2022, 08.13 AM IST
CPSEs to execute sale of units having Cabinet nod for privatisation; guidelines soon: DIPAMDIPAM, in an office memorandum dated June 1, said that the strategic sale proposal of any CPSE (Central Public Sector Enterprise) unit whic...
05 Jun, 2022, 12.23 PM IST
Neutral-to-positive impact of RBI's draft circular on govt-owned NBFCs: Ind-RaAccording to the draft circular, non-deposit and systemically-important NBFCs with capital-to-risk weighted assets ratio below 15 per cent ...
23 Dec, 2020, 12.41 PM IST
Government looking at REITS model to monetise land assets of CPSEs, enemy propertyThe finance ministry is looking at innovative Real Estate Investment Trusts (REITs) model for sale of land assets of CPSEs and also those w...
19 Apr, 2019, 05.34 PM IST
Govt preparing list of profit-making arms of CPSEs for listingCurrently, profit making CPSEs with a minimum net-worth of Rs 500 crore are listed on the exchanges.
02 Apr, 2019, 07.45 PM IST
Disinvestment department to frame guidelines for sale of enemy sharesThe Union Cabinet, chaired by Prime Minister Narendra Modi, last week gave 'in-principle' approval for sale of shares which are part of 'en...
11 Nov, 2018, 12.42 PM IST
FinMin shortlists 11 CPSEs for share buybackBy reducing the number of outstanding shares, a company's EPS gets automatically increased.
07 Sep, 2018, 07.01 PM IST
FY18 divestment receipts exceed revised budgetary target of Rs 1 lakh crore: Arun Jaitley“Disinvestment receipts for FY 2017-18 exceeded Rs 1 lakh crore which is higher than the figure of last year at Rs 46, 250 crore,” he tweet...
29 Mar, 2018, 06.52 AM IST
No participation for convicted firms in PSU privatisation, says CentreCentre will disqualify any company convicted for fraud and serious corporate offences from participating in the privatisation PSUs.
09 Oct, 2017, 05.01 PM 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
Government mandates launch of CPSE IPOs within 22 weeks of concerned ministry's nodAs per the Public Enterprise Survey 2014-15, there are 157 profit-making CPSEs, of which only 45 are listed currently.
19 Feb, 2017, 12.57 PM IST
50 CPSEs headed for listing, government to also cut stake in listed firms to 75%The government will look to list all its companies that have a positive net worth, no accumulated losses and have earned net profit in thre...
18 Feb, 2017, 01.09 AM IST
Government's divestment kitty to swell by Rs 16,000 croreState-owned companies have cash and free reserves estimated at Rs 2.6 lakh crore and the newly created DIPAM has been entrusted with the ta...
07 Aug, 2016, 12.38 PM IST
DIPAM, NITI Aayog hold first meeting for selecting PSUs for saleFinance Minister Arun Jaitley had said in the Union Budget 2016-17 speech that NITI Aayog will identify Public Sector Units that would be e...
06 Mar, 2016, 04.46 PM IST