Search For "dipam"
Strategic disinvestment of IDBI Bank has moved to third phase, more clarit
Updated : 1 month, 1 week ago IST
The strategic disinvestment of IDBI Bank has moved to the third phase, which means that now the technical and financial bids will be invited, said Arunish Chawla, Secretary, Department of Investment and Public Asset Management (DIPAM) on Sunday.
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CPSE dividend payouts rise sharply in past 5 years, strengthening govt's n
Updated : 2 months, 1 week ago IST
Dividends received by the central government from Central Public Sector Enterprises (CPSEs) have recorded a steady and notable rise over the last five financial years, broadly surpassing the government's revised estimates (RE).
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Government to sell up to 6% stake in Bank of Maharashtra via OFS: DIPAM
Updated : 3 months, 1 week ago IST
The bid will be open tomorrow for Non-Retail investors, while the Retail investors can bid on Wednesday. "Government offers to disinvest 5% equity in the bank with an additional 1% as a green shoe option," DIPAM said.
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IDBI Bank disinvestment: Financial bids expected in Q3, winner selection b
Updated : 7 months, 1 week ago IST
The government expects to invite financial bids for IDBI Bank disinvestment in the third quarter of the current financial year, with the selection of the winning bidder likely by the end of 2025-26, Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said
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CPSEs's dividend distribution reaches Rs 1.50 lakh crore in FY25, govt sha
Updated : 11 months, 1 week ago IST
Central Public Sector Enterprises (CPSEs) have distributed record dividends in the financial year 2025, amounting to approximately Rs 1.50 lakh crore in aggregate, of which the government's share was Rs 74,000 crore, said Arunish Chawla, Secretary, Department of Investment and Public Asset M
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Centre appoints Tuhin Kanta Pandey as new Revenue Secretary, Arunish Chawl
Updated : 1 year, 2 months ago IST
The Union Government has appointed Tuhin Kanta pandey as the revenue secretary, as notified by the Appointments Committee of the Cabinet (ACC).
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Government-generated value for CPSE investors through stake sale, OFS and
Updated : 1 year, 2 months ago IST
As the year 2024 draws to a close, the Finance Ministry highlighted key achievements of its disinvestment drive, showcasing significant transactions led by the Department of Investment and Public Asset Management (DIPAM).
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Cochin Shipyard offer for sale gets enthusiastic response from retail inve
Updated : 1 year, 4 months ago IST
The two-day Offer for Sale (OFS) by Cochin Shipyard Limited (CSL) to divest 5 per cent stake saw strong interest from retail investors, according to an official statement by the Department of Investment and Public Asset Management (DIPAM).
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Financial bids for IDBI bank likely this fiscal; PSU banks sale on hold: D
Updated : 1 year, 7 months ago IST
Pandey said, "We have to do it through a two-stage bidding process, where in the first stage we bring Expression of Interest (EoI) and thereafter they are taken to due diligence. You have to negotiate the share purchase agreements, and then go for financial bidding. Before that, there could
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CareEdge sees Rs 11.5 trillion divestment potential at current market capi
Updated : 1 year, 8 months ago IST
Disinvestment or divestment typically refers to the sale by the government, partly or fully, of a government-owned enterprise.
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Centre receives Rs 1,863 crore from GAIL as dividend
Updated : 2 years, 1 month ago IST
A dividend is a reward companies often provide to their shareholders, though not mandatorily, from a portion of their earnings.
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"Our responsibility is to think from investors' viewpoint": DIPAM secretar
Updated : 2 years, 1 month ago IST
Tuhin Kanta Pandey, Secretary of the Department of Investment and Public Asset Management (DIPAM) and one of the key faces in the team this year's interim budget, on Thursday spoke about the disinvestment target for the year 2024-25, stating that the responsibility of the government is to
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