Search For "disinvestment"
Strategic disinvestment of IDBI Bank has moved to third phase, more clarit
Updated : 3 months, 3 weeks 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 : 4 months, 3 weeks 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 : 5 months, 3 weeks 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 : 9 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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Centre receives Rs 8,625 crore as disinvestment receipts so far in 2024-25
Updated : 1 year, 5 months ago IST
The government has realised Rs 8,625 crore through various minority stake sale disinvestments so far during the current financial year 2024-25, MoS Finance Pankaj Chaudhary informed Lok Sabha on Monday in a written reply.
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Government-generated value for CPSE investors through stake sale, OFS and
Updated : 1 year, 5 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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Japanese firm Konoike Transport will be strategic buyer for disinvestment
Updated : 1 year, 8 months ago IST
An empowered committee led by Union ministers Nitin Gadkari, Nirmala Sitharaman, and HD Kumaraswamy approved the highest bid amounting to Rs 320 crore of Japanese firm Konoike Transport Co Ltd for sale of 100 per cent equity shareholding of MSTC Ltd in Ferro Scrap Nigam Limited (FSNL), along
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Divestment needs concrete roadmap, Centre should take stance on PSBs: SBI
Updated : 1 year, 10 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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CareEdge sees Rs 11.5 trillion divestment potential at current market capi
Updated : 1 year, 10 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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"Our responsibility is to think from investors' viewpoint": DIPAM secretar
Updated : 2 years, 3 months 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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Centre receives Rs 1,487 crore from NTPC as dividend
Updated : 2 years, 8 months 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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Air India revamps website
Updated : 3 years ago IST
The strategic disinvestment transaction of Air India has been successfully completed on January 27, 2022.
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