Tuesday, Oct 04, 2022


DIPAM Secretary Tuhin Kant Pandey.

CPSEs To Execute The Sale Of Units Having Cabinet Nod For Privatisation: DIPAM

However, those transactions for which Expression of Interest (EoI) have been issued will continue to be handled by the Department of Investment and Public Asset Management (DIPAM), it said.

05 June 2022

Govt Receives Final Dividend Of Rs 6,665 Crore In FY21 From BPCL

DIPAM Secretary tweeted that the dividend is inclusive of special dividends acquired from the sale of its stake in Nulaigarh Refinery in March, this year.

Govt Signs Share Purchase Agreement With Tata Sons For Air India Disinvestment

The share purchase agreement stipulates that the buyer has agreed to the terms set out by the target company for completing the transaction or acquisition.

Government has set Budget target of Rs 65,000 crore from CPSE disinvestment/privatisation in FY23.

PM Modi To Address Global Investors On Privatisation, Asset Monetisation On Wednesday

The DIPAM, in collaboration with NITI Aayog, is organizing the apex level consultative post-Budget webinar, which will see participation from 22 ministries and senior management from PSEs.

08 March 2022

Govt Receives Rs 533 Crore As Dividend Tranches From Four CPSEs

DIPAM's website informs that it has received Rs 8,527 crore as dividend receipts to date. Total DIPAM receipts to date stand at Rs 17, 682.56 crore.

More Than Rs 800 Cr Received In Dividend Tranches From CPSEs: DIPAM Secretary

Its website informs that, Rs 8,096.30 crore has been obtained via dividends from varied Central Public Sector Enterprises (CPSEs) to date. Total receipts now stood at Rs 17,206.86 crore.

18 October 2021

 IDBI Bank became a subsidiary of LIC with effect from January 21, 2019.

IPO-Bound LIC Wants To Remain IDBI Bank Shareholder For Bancassurance Gain

Bancassurance is an arrangement between a bank and an insurance company allowing the latter to sell its products to the bank's customers and others through the branch network.

21 February 2022