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DIPAM STAKE SALE
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...- Hindustan Zinc shares tumble 5% to 6-week low after report of govt's plan to sell 2% stake for Rs 5,000 croreHindustan Zinc shares fell sharply on Friday after a report said the government may sell up to a 2% stake in the company to raise around Rs...
- Government said to weigh up to $525 million Hindustan Zinc share saleThe government is considering selling up to a 2% stake in Hindustan Zinc Ltd., a move that could raise around Rs 5,000 crore. The stake sal...
- NHPC shares jump 5% as OFS worth Rs 4,300 crore opens for retail investors. Here's all you need to knowNHPC shares surged over 5% as the government's offer for sale (OFS) opened for retail investors. The OFS was oversubscribed 3.47 times on t...
- NHPC OFS subscribed nearly 3.5 times on Day 1, Govt to exercise green shoe optionThe government on Monday announced to sell up to 6 per cent stake in NHPC via OFS at a floor price of Rs 71 per share.
- 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 ...
- Govt plans up to 2% LIC stake sale, may raise Rs 10,000 croreThe government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...
- 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...
- 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 fall 3% after report says govt likely to sell Rs 10,000-crore stake via OFSCoal India shares fell on Thursday following a report about a potential government stake sale. The government may sell 3-4% of the company ...
- IDBI Bank sale may stall as bids trail reserve priceIDBI Bank sale: An outright cancellation of the strategic sale of IDBI will make it harder for the government to realise its FY27 disinvest...
- 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...
- No decision on stake sale in Petronet, IGL yet: BPCLBPCL holds 12.5 per cent of the shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city...
- Govt extends deadline for transaction, legal advisors to bid for managing IDBI Bank sale till July 22The Department of Investment and Public Asset Management (DIPAM) had on June 22 invited bids from merchant bankers and law firms for managi...
- Govt garners Rs 4,000 cr via 1.95 per cent stake sale in Axis BankThrough the two-day offer for sale (OFS), the government sold around 5.80 crore shares or 1.95 per cent stake held in Axis Bank through the...
- Govt extends deadline for Air India bid for fourth time, gives bidders two more monthsIssuing a corrigendum to the Expression of Interest (EoI) for sale of Air India, the Department of Investment and Public Asset Management s...
- Cabinet approves new strategic disinvestment processOfficials said strategic sale may involve two-stage bidding beginning with an expression of interest.
- DIPAM mulling lock-in period for ETFsCurrently, ETFs are open-ended and one can buy or sell them through exchanges just like any other stock.
- Govt garners Rs 700 crore via first ever sale of enemy sharesThe Cabinet in November 2018 gave its go-ahead to sell enemy shares held in companies.
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