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DIPAM APPROVAL
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...- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- IDBI Bank stake sale back on table; Centre explores revival optionsThe bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...
- LIC shares drop 4% on Rs 10,000 crore govt stake sale buzzLIC shares fell as much as 4% on Wednesday after a report said the government may begin formal marketing next month for a proposed stake sa...
- Skymap Pharma to buy state-run Indian Medicines Pharma for Rs 121 croreThe inter-ministerial committee has officially sanctioned the acquisition of the Indian Medicines Pharmaceutical Corporation by Skymap Phar...
- ONGC Q4 Results: Cons PAT jumps 46% YoY to Rs 10,820 crore, revenue up 4%Oil & Natural Gas Corporation (ONGC) reported a significant 46% surge in consolidated net profit to Rs 10,820 crore for the March-ended qua...
- Government okays Skymap Pharmaceuticals' Rs 121-cr bid to buy IMPCLThe government has approved the sale of Indian Medicines Pharmaceutical Corporation Ltd. Skymap Pharmaceuticals Pvt Ltd will acquire the co...
- Mahanadi Coalfields gets govt nod for IPO; Coal India to dilute up to 25% stakeThe government approved the listing and disinvestment of Mahanadi Coalfields through an IPO, enabling Coal India to dilute up to 25% stake....
- Coal India shares jump over 1% after in-principle nod for listing of MCL, SECLCoal India share price: In a significant boost for investors, Coal India has seen its shares gain traction after the announcement of plans ...
- Govt seeks merchant bankers for selling equity in public sector banks, financial institutionsThe Department of Investment and Public Asset Management (DIPAM) on Monday invited bids from merchant bankers to assist the government in i...
- DIPAM asks its officers not to trade in shares of state-owned cosDIPAM has instructed its officials to avoid trading shares of state-owned enterprises to prevent misuse of market-sensitive information. Of...
- MTNL board approves 10-year service pact with BSNLThe board "accorded its approval to enter into a service agreement between BSNL and MTNL for a period of 10 years or unless it is revoked e...
- MTNL enters 10-year service agreement with BSNLMahanagar Telephone Nigam Limited (MTNL) announced key decisions after a board meeting, including entering a service agreement with BSNL. I...
- 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...
- Government gets multiple EoIs for privatising NMDC SteelNSL is up for privatisation with the government looking to sell 50.79 per cent of its shareholding, along with management control. The gove...
- 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...
- Govt seeks financial bids from property consultancy firms for monetising MTNL assetsDIPAM added that the consultancy firms empanelled will be required to prepare the 'Feasibility Report' in about three weeks for each of the...
- CPSE asset monetisation to start from AprilThe Cabinet has already approved strategic sale of about 2 dozen central public sector enterprises.
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