DIPAM

Govt gets multiples EoIs for privatisation of Neelachal Ispat

Govt gets multiples EoIs for privatisation of Neelachal Ispat

In a tweet on Monday, Secretary for the Department of Investment and Public Asset Management (DIPAM) Tuhin Kanta Pandey said that the tra...Read More

It is the last chance, says government to sick and loss-making public sector units

It is the last chance, says government to sick and loss-making public sector units

The government may make one last attempt next fiscal to sell more than two dozen sick and loss making entities that have failed to secur...Read More

'Sirf hamare do ka kalyan': Rahul Gandhi reiterates ‘Hum Do Humare Do’ jibe against Centre

'Sirf hamare do ka kalyan': Rahul Gandhi reiterates ‘Hum Do Humare Do’ jibe against Centre

Continuing his attack on Prime Minister Narendra Modi, Congress leader Rahul Gandhi on Friday slammed the Centre for its decision to priv...Read More

Pawan Hans privatisation receives multiple bids

Pawan Hans privatisation receives multiple bids

The government has received multiple preliminary bids for strategic sale of Pawan Hans, DIPAM Secretary Tuhin Kanta Pandey said on Thursd...Read More

Ministerial panel to decide on number of CPSEs to be retained in each strategic sector, says DIPAM Secretary Tuhin Kanta Pandey

Ministerial panel to decide on number of CPSEs to be retained in each strategic sector, says DIPAM Secretary Tuhin Kanta Pandey

A panel of Ministers, comprising Finance Minister Nirmala Sitharaman and Road Transport Minister Nitin Gadkari, will take the final call ...Read More

Centre may intimate qualified bidders for Air India by January 30

Centre may intimate qualified bidders for Air India by January 30

The Centre is likely to intimate the qualified bidders for national carrier Air India by the end of the month, as the evaluation of the e...Read More

SAIL OFS subscribed over 5 times; govt to garner Rs 2,664 cr from stake sale

SAIL OFS subscribed over 5 times; govt to garner Rs 2,664 cr from stake sale

"The OFS of SAIL closed with strong interest from retail investors. Retail portion was subscribed about 5.22 times. We thank all investor...Read More

Air India, BPCL buyers not to get free hand to shed excess staff: DIPAM Secy

Air India, BPCL buyers not to get free hand to shed excess staff: DIPAM Secy

Public sector companies often have more people on rolls than their private sector counterparts and companies wanting to take them over wo...Read More

DIPAM to sell 15% govt stake in Bharat Dynamics Ltd under Offer for Sale

DIPAM to sell 15% govt stake in Bharat Dynamics Ltd under Offer for Sale

The Gol intends to disinvest 15 per cent paid up equity capital of BDL out of its shareholding of 87.75 per cent, through OFS method

Government tells Air India to freeze all appointments, promotions

Government tells Air India to freeze all appointments, promotions

The direction has come from the Department of Investment and Public Asset Management or DIPAM

Government plans to sell 15 pc in RITES via OFS

Government plans to sell 15 pc in RITES via OFS

New Delhi: The government is planning to divest up to 15 pc stake in railway PSU RITES through an offer for sale (OFS), which could fetch...Read More

Air India’s March divestment EoI move got no response: DIPAM

Air India’s March divestment EoI move got no response: DIPAM

New Delhi: The government may be keen on divesting its stake in Air India and its subsidiaries in the current financial year (FY20), but ...Read More

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Not right time for listing: OVL

New Delhi: ONGC Videsh (OVL) management feels it is not the right time to list the company as a better value can be derived after its gia...Read More

Centre seeks OVL listing to meet disinvestment goal

Centre seeks OVL listing to meet disinvestment goal

New Delhi : The government has asked ONGC to list its overseas investment arm, ONGC Videsh (OVL) on stock exchanges and transfer proceeds...Read More

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Cabinet may decide on HPCL stake sale to ONGC this month

New Delhi : The Cabinet is likely to consider this month sale of government’s 51 per cent stake in Hindustan Petroleum Corp Ltd (HPCL) to...Read More

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Goldman,Citigroup among five bankers selected for IOC stake sale

New Delhi : The government has selected five merchant bankers, including Goldman Sachs and Citigroup, to manage the government’s 3 per ce...Read More

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12 PSUs shortlisted for listing, to be presented in Cabinet soon

New Delhi : The Department of Investment and Public Asset Management (DIPAM) is drafting Cabinet notes for the listing of 12 more state-o...Read More

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Cabinet gives in-principle nod for strategic sale of PSUs

New Delhi : The Union Cabinet today gave in- principle approval to Niti Aayog’s proposal for strategic sale in over a dozen public sector...Read More

Strategic sale of stake in PSUs to be revived

Strategic sale of stake in PSUs to be revived

New Delhi: After a 12-year hiatus, the government is set to revive strategic sale of state-owned companies with the Cabinet likely to con...Read More

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NBCC share sale: 8 merchant bankers vie to manage show

New Delhi: As many as eight merchant bankers, including Citibank and Nomura, are vying to manage the sale of 15 per cent government stake...Read More

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