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DEPARTMENT OF DISINVESTMENT
Parliamentary panel on finance suggests task force to fill 38 vacant DIPAM positionsA parliamentary committee highlighted a significant 43 percent vacancy rate within DIPAM. This shortage severely impacts the department's a...- Centre unlikely to dilute strategic sale list despite ministries’ push for reviewThe government plans to proceed with its strategic sale of public sector enterprises. Ministries have requested reconsiderations, but few c...
- Government unveils offer for sale to dilute LIC stakeThe Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open for non-retail investors on Tuesday...
- IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to knowIndian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% sta...
- IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe optionThe government’s offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.8...
- Govt needs to revive NITI Aayog's PSU, PSB privatisation program: Arvind PanagariyaFormer NITI Aayog vice chairman Arvind Panagariya urges the government to revive privatization of public sector undertakings and banks. He ...
- Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
- GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
- Disinvestment kitty swells to Rs 34,800 crore this yearPrime Minister Narendra Modi has sought to transform the Disinvestment Department from a mere seller of government stake in central PSUs to...
- Department of Disinvestment wants disinvestment target to be scaled down to Rs 30,000 croreDoD wants that PSU stake sale target for the current fiscal be more than halved to Rs 30,000 crore in view of volatility in the stock marke...
- Rs 30,000 crore more realistic target for disinvestment, says Department of DisinvestmentDepartment of Disinvestment has told Finance Ministry it may be able to raise only about Rs 30,000 crore given the volatile market conditio...
- Finance Ministry to use Facebook, Twitter to push disinvestmentGovernment is looking at using the social media platforms, including Facebook and Twitter, in a big-way to generate interest in its disinve...
- Disinvestment Department meets Steel Minister, merchant bankers on SAIL disinvestmentKick starting the process of 5% stake sale in SAIL, the Disinvestment Dept today held meeting with merchant bankers and steel ministry offi...
- IMG agrees on 10 per cent stake sale in Coal IndiaAn Inter-ministerial Group has approved 10 per cent equity sale in Coal India which is expected to fetch over Rs 17,000 cr to the government
- 5 pc quota likely for retail investors in offer for saleThe Department of Disinvestment is working on tweaking the offer-for-sale (OFS) mechanism for PSU stake sale by carving out a separate 5% c...
- Department of Disinvestment favours e-auction route for outright sale of PSUsThe Department of Disinvestment favours e-auction route for outright sale of ailing PSUs, as it would help govt fetch better price.
- Department of Disinvestment invites bids from advisors for launching ETF for PSUsDepartment of Disinvestment has invited bids from internationally-reputed advisors for setting up an ETF for selling shares of PSUs to meet...
- Department of Disinvestment looking for global advisors for launching ETF for PSUsDoD will soon appoint advisors for setting up an ETF for selling shares of PSUs to meet the disinvestment target of Rs 30,000 crore.
- Ministerial panel to meet next week to discuss NMDC stake saleThe development comes close on the heels of Chidambaram asking officials to expedite the disinvestment process.
- Department of Disinvestment wants smaller PSUs to hit market for over 10% stake saleDoD has asked small PSUs, which intend to hit capital markets, to come with initial public offering of more than 10% of their paid-up capit...
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