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DISINVESTMENT SECY
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...
GIC shares dip 4% as Rs 3,088 crore OFS opens for retail investors. Should you participate?General Insurance Corporation of India shares saw a dip as the government initiated an Offer for Sale. Retail investors can now bid for a s...
Govt may encourage private firms to adopt a fair dividend policy, says DIPAM secretary Arunish ChawlaThe government plans to nudge listed private companies to adopt fair dividend policies, aiming to improve the share market for common inves...
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...
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...
After IREDA listing, what next? DIPAM secy says no plan for LIC FPO at the moment“There is no withdrawal of RFP for the IDBI Bank. It is under strategic disinvestment. One of the RFPs is for Asset Valuer, which was revis...
DIPAM rubbishes media reports of IDBI Bank disinvestment deferment"Reports appearing in a section of the media indicating the possibility of deferment of IDBI Bank disinvestment are misleading, speculative...
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 (...
Will try to soon approach Cabinet on revised FDI policy to facilitate LIC disinvestment, says DPIIT SecyThe Finance Minister has directed that the disinvestment has to be completed during the current financial year, "so we also have to work at...
Finance Minister Nirmala Sitharaman reviews progress on planned mega LIC IPOLIC IPO is crucial for meeting the Rs 1.75-lakh crore disinvestment target set for current fiscal (April-March). So far this fiscal, Rs 9,3...
BPCL disinvestment process moving on well, to conclude sale by Sept-end: DIPAM SecyThe government is selling its entire 52.98 per cent stake in BPCL in the nation's biggest privatisation till date. Vedanta Group and privat...
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...
We want to move fast on disinvestment but look beyond Mar 31 deadline: Tuhin Kanta Pandey, DIPAM SecyThe disinvestment target is important. But we should not be looking at the closing the deal based on the March 31st deadline.
Substantial interest for Pawan Hans sale: Disinvestment SecyThe disinvestment process is on, as ONGC refused to buy out the government's stake when it was proposed last year.
Small savings to keep the Maharaja afloatThe Maharaja has been granted Rs 1,000 crore from the National Savings Fund.
Praful Patel, ex-CMD V Thulasidas blamed for ‘descent of Air India’Spineless management teams subservient to self-serving political masters coupled with irresponsible employee behaviour have killed Air Indi...
Budget 2013: Meet the policymakers and bureaucrats who make itMeet the top policymakers and bureaucrats who make the budget
- 7 PSUs likely to hit market in Q3: Disinvestment Secy
As part of the disinvestment process, around seven public sector companies are likely to hit the capital market in the next quarter, a top ...
- Coal India talks stake-sale with disinvestment secy
Coal India, after getting the necessary approval from the coal ministry, has begun discussions with the disinvestment department of the fin...
- Disinvestment roadmap in the next 3-4 weeks: Finance Secy
The roadmap for disinvestment in public sector units will be out in the next three-four weeks but there will be no strategic sale, the Fina...