Search For "dipam secretary"
IDBI Bank disinvestment: Financial bids expected in Q3, winner selection b
Updated : 7 months, 2 weeks 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, 3 weeks 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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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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"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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Govt receives cumulative Rs 347 cr as dividend from BEL, HUDCO
Updated : 2 years, 12 months ago IST
"Government has respectively received about Rs 224 crore and Rs 123 crore from BEL and HUDCO as dividend tranches," said the Department of Investment and Public Asset Management (DIPAM) secretary in a tweet.
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IDBI Bank divestment on track, reports on possible delay speculative: DIPA
Updated : 3 years ago IST
Reports of a possible deferment of the disinvestment of IDBI Bank are speculative and baseless, and the transaction continues to be on track, said the Department of Investment and Public Asset Management (DIPAM) on Friday.
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LIC already clarified their exposure in Adani Group: DIPAM secretary
Updated : 3 years, 1 month ago IST
The total assets under management (AUM) of LIC are over Rs 41.66 lakh as of September 30, 2022. Therefore, LIC's exposure in the Adani group, as of date, is 0.975 per cent at book value.
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Pre-Budget 2023 consultation: Finance minister meets stakeholders of labou
Updated : 3 years, 3 months ago IST
The 7th Pre-Budget 2023 meeting was attended by Ministers of State for Finance Pankaj Chaudhary and Bhagwat Kisanrao Karad; Finance Secretary T V Somanathan; Department of Economic Affairs Secretary Ajay Seth; DIPAM Secretary Tuhin Kanta Pandey and Department of Revenue Secretary Sanjay Malh
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Govt receives Rs 333 crore as dividend from PFC
Updated : 3 years, 6 months ago IST
New Delhi [India], September 12 (ANI): The government has received nearly Rs 333 crore as a dividend tranche from Power Finance Corporation Ltd, Secretary, Department of Investment and Public Asset Management (DIPAM) announced on Monday.
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LIC share allotment on May 12, market listing on May 17
Updated : 3 years, 10 months ago IST
New Delhi [India], May 9 (ANI): The share allotment of Life Insurance Corporation of India (LIC) will be done on May 12 and the country's largest insurer will be listed on the stock exchanges on May 17, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey
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LIC IPO price band at Rs 902-949 per share; offer opens on May 4
Updated : 3 years, 11 months ago IST
New Delhi [India], April 27 (ANI): Life Insurance Corporation (LIC) has set its price band for the Initial Public Offer (IPO) at Rs 902 to Rs 949 per equity share. The public offer starts on May 4 and will remain open for bidders till May 9, Department of Investment and Public Asset Manag
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Draft prospectus for LIC IPO expected in two weeks: DIPAM Secretary
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Life Insurance Company (LIC) will file Draft Red Hearing Prospectus for IPO with the market regulator Securities and Exchange Board of India (SEBI) within two weeks, DIPAM Secretary Tuhin Kanta Pandey said on Tuesday.
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