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1 min read
IDBI Bank privatisation on track says DIPAM secretary
Debunking media reports which indicated a possibility of deferment of IDBI Bank disinvestment, the …
PTI
1 min read
Centre plans to sell 10% stake in Rashtriya Chemicals via OFS
The Union Government plans to sell 10 per cent stake in Rashtriya Chemicals and Fertilisers Ltd (RC…
2 mins read
Govt to focus on strategic stake sales to meet disinvestment target: DIPAM Secretary
"Many of our strategic transactions are going on and moving forward. There was little bit of disru…
PTI
5 mins read
'We want to finish the handover quickly, because we are paying ₹20 crore a day to run the airline,' says DIPAM Secretary on privatisation of Air India
Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the hold…
PTI
2 mins read
Indian government might not be able to close Air India BPCL divestments this fiscal
In what can potentially hurt the fiscal math for the ongoing fiscal, a senior government official…
PTI
2 mins read
Air India sale expected in first half of next fiscal: DIPAM Sec Pandey
This is at least the third time that the government is attempting disinvestment of Air India, whic…
PTI
3 mins read
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
1 min read
India's FY24 asset monetisation falls short of target at Rs 1.50 lakh crore
The central government and Central Public Sector Enterprises are estimated to monetise assets worth…
PTI
1 min read
Centre receives ₹5,001 crore as dividend from ONGC
The Central government on Monday received a huge dividend tranche of Rs 5,001 crore from the Mahara…
1 min read
Government gets ₹307 crore as dividend from Oil India
This was tweeted by the Department of Investment and Public Asset Management (DIPAM). Last we…
1 min read
Govt invites bids for IDBI Bank privatisation; Govt, LIC to sell 60.72%
The government on Friday invited bids from investors for privatising IDBI Bank by selling a total o…
PTI
1 min read
Centre begins auction of BSNL, MTNL assets
Accordingly, DIPAM (Department of Investment and Public Asset Management) has begun auction of B…
2 mins read
Bank unions call for forensic audit of UTI AMC's ₹2,000 crore exposure in DHFL
The staffers' groups are: the Mumbai-based All India UTI-AMC Officers' Association (AIUTI-AMCOA)…
1 min read
FM concludes week-long consultation meetings for Budget 2023-24
The week-long pre-budget consultation meetings for Budget 2023-24 chaired by Union Finance and Corp…
ANI
3 mins read
Satya Nadella, GMR group bag rights for a team in US' T20 franchise Major League Cricket
The GMR Group (co-owners of Delhi Capitals) and Microsoft chairman & CEO Satya Nadella and GMR Grou…
1 min read
IRCTC stock recovers losses as government reportedly withdraws decision on convenience fee revenue share
The Indian government has reportedly withdrawn its decision of asking 50% of Indian Railway Caterin…
3 mins read
Finance Minister & the other brains behind the Union Budget who are burning the midnight oil
As the day for the presentation of Union Budget 2023-24 nears, Finance Minister Nirmala Sitharaman …
2 mins read
LIC IPO: Government picks 10 merchant bankers including Goldman Sachs, Citigroup Global and Nomura
The disinvestment department had invited applications for the appointment of merchant bankers…
PTI
1 min read
LIC IPO to be launched between Jan-Mar 2022
According to Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management…
1 min read
Tata Communications stocks plunge 6% as govt plans to off-load its stake
Shares of Tata Communications plunged over 6% on Wednesday after the government announced to sale i…