Govt reviews divestment plans, IDBI Bank stake saleGovt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...
01 May, 2026, 06.53 PM IST
Centre may seek revised bids from two suitors for IDBI BankGovernment may seek revised financial bids for IDBI Bank. Original offers fell below the set reserve price. This strategic sale is crucial ...
07 Apr, 2026, 05.14 PM IST
Govt may consider OFS option for raising public float in IDBI BankThe government may consider selling a stake in IDBI Bank through the Offer-for-Sale (OFS) route to increase public shareholding, after the ...
22 Mar, 2026, 04.50 PM IST
Govt may consider OFS option for raising public float in IDBI BankThe government is considering an Offer-for-Sale (OFS) in IDBI Bank to raise public shareholding after a failed attempt to sell a majority s...
22 Mar, 2026, 03.37 PM IST
Congress targets govt ahead of mega LIC IPO, says shares undervaluedRandeep Surjewala claimed that the LIC has 30 crore policyholders and its total assets are to the tune of Rs 39,60,000 crores (USD 526 Bill...
03 May, 2022, 03.52 PM IST
Disinvestment-bound companies in spotlight, more names likely to be addedAnalysts expect that the divestment targets for the new financial year are likely to be elevated, though a lot will depend upon the propose...
27 Jan, 2022, 11.39 AM IST
FM Nirmala Sitharaman reviews progress of proposed LIC IPOThe government has set a target of Rs 1.75 lakh crore from disinvestment proceeds, including the LIC IPO, in the ongoing fiscal year.
08 Jan, 2022, 08.06 AM IST
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...
07 Jan, 2022, 08.00 PM IST
FDI policy update in the works to push LIC selloff: DPIIT SecretaryThe matter is being discussed with the Department of Financial Services (DFS) and Department of Investment and Public Asset Management (DIP...
07 Jan, 2022, 08.26 AM IST
DPIIT to come out with revised FDI policy to facilitate LIC disinvestment: SecretaryAnurag Jain, secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), said the current policy related to the secto...
06 Jan, 2022, 09.48 PM IST
With LIC IPO in sight, can government meet divestment target for FY22?It is estimated that LIC IPO could fetch nearly Rs 1 lakh crore.
29 Dec, 2021, 12.01 PM IST
CCEA clears LIC disinvestment; panel headed by FM to decide quantum of stake saleThe Budget amendments to the LIC Act has been notified and the actuarial firm is expected to finalise the embedded value of the life insure...
12 Jul, 2021, 09.12 PM IST
LIC IPO: Govt likely to invite bids from merchant bankers this monthThe government is likely to invite bids from merchant bankers this month for managing LIC disinvestment as it moves ahead with plans to lau...
04 Jul, 2021, 02.20 PM IST
Two things about Modi's LIC move leave many MPs curiousThe FM said in her budget speech that the govt proposes to sell a part of its holding in LIC through an IPO.
06 Feb, 2020, 11.13 AM IST
LIC will consider all investment options: Chairman S K RoyChairman S K Roy also said Rs 17-tn insurance firm will have to examine consequences for LIC due to govt hiking FDI in the sector to 49 per...
12 Jan, 2015, 08.47 PM IST
Government gets LIC's Rs 2k cr boost in record disinvestment kittyWith purchase of PSU shares worth over Rs 2,000 cr this fiscal, LIC has contributed about 10% to the govt's kitty of about Rs 23,900 cr in ...
24 Mar, 2013, 02.31 PM IST
- DK Mittal gets additional charge of disinvestment department from government
Govt gave DK Mittal additional charge of the disinvestment department, a move that may shore up floundering disinvestment programme.
04 Dec, 2012, 05.00 AM IST