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DIPAM NOD
IDBI Bank privatisation: Security clearances in place, RBI's nod expected soonThe Indian government and LIC are selling a nearly 61% stake in IDBI Bank, including a 30.48% stake of the Government of India and 30.24% o...- No delay over IOC-Mercator petroleum deal: DIPAMThe Department of Investment and Public Asset Management (DIPAM) clarified that it was not consulted for Indian Oil Corp's acquisition of M...
- Indian Oil's Mercator buyout delayed beyond NCLT timelineIOC is awaiting the go-ahead from the Department of Investment and Public Asset Management (DIPAM), which is the administrative platform fo...
- PFC, REC seek DIPAM nod for debt resolution plan for KSK MahanadiThe state-owned lenders, with NTPC Ltd as the technical partner, had earlier given expression of interest for the 1,800 MW coal-based power...
- Shipping Corporation selloff to set sail with roadshows from next weekThe disinvestment department has decided to start the process even as unions and a section of management raised objections to the Rs 1,000 ...
- 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...
- Advance action on bank privatisation underway: DFS secretaryIn the Union Budget for the financial year 2021-22, the government had announced its intent to take up privatisation of two PSBs in the yea...
- Strategic sale planned for 22 PSUs, 17 ongoingIn a written reply in Lok Sabha, minister of state for finance Bhagwat Karad said that since 2016 government had given in-principle nod for...
- Finance Ministry to seek Cabinet nod for setting up company to monetise land assets of privatisation-bound CPSEsA special purpose vehicle (SPV) in the form of a company would be set up to hold these assets which would be monetised to fetch value to th...
- BPCL may sell some stake in IGL, Petronet to shed promoter statusBPCL holds 12.5 per cent of shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas...
- Finance Ministry seeks details of land parcel from CPSEs for asset monetisationDIPAM has already empanelled 11 consultancy firms for monetisating land and properties of central public sector enterprises (CPSEs), public...
- Govt wants ONGC to sell golf course in Ahmedabad that has oil wellsONGC had built the one in Ahmedabad after it struck oil in the city more than two decades back.
- 'Halwa' ceremony held, Budget papers get into printing modeNirmala Sitharaman will present the first full Budget of the Narendra Modi government, after its return to power, in the Lok Sabha on July ...
- Rs 8,000 cr NTPC-SJVN merger push likely in Modi govt’s 1st 100 daysThe state government holds 26.85 per cent stake in SJVN while the Centre holds 63.79 per cent.
- Government plans 4th tranche of CPSE ETF, scouts for advisorsCPSE ETF, which functions like a mutual fund scheme, comprises scrips of 10 PSUs .
- Government to engage two advisors to manage sale of HPCL to ONGCThe Government on Wednesday gave an “in-principle” approval for the strategic sale of its 51.11 per cent shareholding in HPCL to ONGC along...
- Cabinet may decide on HPCL stake sale to ONGC this monthMinistry of Finance is moving a note for consideration of the Cabinet for selling entire shareholding in HPCL to ONGC.
- GIC may be 1st PSU general insurer to launch IPO next fiscalTwo months after the Cabinet gave a go ahead to the listing of five general insurance companies, DIPAM has set the ball rolling for listing...
- 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.
- Government looks to raise Rs 11,000 crore from listing of insurersOf the total target, Rs 46,500 crore will be mobilised through minority stake sale and Rs 15,000 crore from strategic disinvestment.
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