Who is Tuhin Kanta Pandey, the new SEBI chief to succeed Madhabi Puri Buch?Tuhin Kanta Pandey has been appointed as the new Chairman of SEBI, succeeding Madhabi Puri Buch. Previously serving as Finance Secretary, P...
DIPAM Secy Tuhin Kanta Pandey appointed as Finance SecretaryTuhin Kanta Pandey has been appointed as the new finance secretary, succeeding T V Somanathan. Pandey, currently the secretary of DIPAM, is...
Capital receipts of Rs 30,000 cr in FY24 RE includes disinvestment, asset monetisation: DIPAM SecyThe government has budgeted Rs 30,000 crore from other capital receipts in the Revised Estimates for the current fiscal. For 2024-25, the a...
IDBI Bank divestment process to complete in FY24: DIPAM SecyThe divestment process of IDBI Bank will complete in the fiscal year 2023-24, Department of Investment and Public Asset Management (DIPAM) ...
FM Nirmala Sitharaman kicks off pre-budget consultationsThe meeting, which was held virtually, was attended by senior officials of the finance ministry and minister of state for finance Pankaj Ch...
Govt to soon invite bids for IDBI Bank privatisation: DIPAM SecyCurrently, the government holds 45.48 per cent in the bank, and Life Insurance Corporation of India, which is currently the promoter of the...
Got multiple EoIs for FSNL disinvestment: DIPAM SecyThe Secretary of the Department of Investment and Public Asset Management (DIPAM) on Monday tweeted that multiple expressions of interest (...
Bids received for Neelachal Ispat Nigam Ltd : Dipam SecyNINL is a joint venture company of four central public sector enterprises which include MMTC, NMDC, Bharat Heavy Electricals Limited and Me...
LIC IPO expected to hit market by Q4: Dipam SecyDepartment of Investment and Public Asset Management Secy Tuhin Kanta Pandey has said that the much-awaited LIC IPO is expected to hit the ...
Concor strategic sale not happening this fiscal: DIPAM SecyConcor's strategic sale will not happen this fiscal, the DIPAM Secy has said. The railway land usage policy is yet to be finalised and henc...
New dividend policy to ensure consistent reward to shareholders: DIPAM secyThe dividend policy has been further fine-tuned to say that we need not wait for annual dividend, and we can have as many as four interim d...
LIC IPO to happen after October: DIPAM SecyTargeting to raise Rs 1.75 lakh crore from the asset sale to finance projects aimed at reviving the pandemic battered economy, the governme...
No more extension of BPCL privatisation bid deadline: DIPAM SecyThe government had on four occasions extended the date of putting in the preliminary expression of interest for buying out the majority sta...
Will meet Rs 2.1 lakh cr target: DIPAM secyThe government’s disinvestment target for FY21 is aimed at supporting higher capital expenditure. The FY20 target has been lowered to Rs 65...
Team Nirmala: A look at FM's team that is led by finance secretary Rajiv KumarFinance minister Nirmala Sitharaman gears up to present her second budget amid wide expectations of major reform measures to reverse the ec...
Plan to list 10 CPSEs in current fiscal: DIPAM SecyThe companies which are lined up for IPO include THDCIL, RailTel, TCIL, Water & Power Consultancy Services and FCI Aravali Gypsum.
10 PSU IPOs lined up next fiscal: DIPAM SecyIn the 10 months of the current fiscal so far, Rs 36,000 crore has been raised through stake sale in CPSEs.