The DIPAM Secretary said that if the government tries to sell too fast at a discount, the existing shareholders may feel they are short changed
In the Union Budget for 2021-22, the government announced its intent to take up the privatisation of two PSBs in the year and approved a policy of strategic disinvestment of public sector enterprises
Seesaw Protocol (SSW) is the crypto to watch out forand since its launch, in mid-January 2022 the revolutionary coin has grown by almost 2250%.
The government's intent to take up privatisation of two PSBs and approval of a policy of strategic disinvestment of PSEs was announced in the Union Budget 2021-22
The government had planned to sell its entire 52.98 per cent stake in Bharat Petroleum Corporation Ltd (BPCL) and invited Expressions of Interest (EoIs) from bidders in March 2020. At least three bids came in by November...
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.
The government is like the millstone that hurts PSUs. Its demand for dividends is unrelenting and the pressure on PSUs to go beyond their primary task to serve the fanciful projects of the government increases by the day....
CPSEs have been engaged in the manufacture of goods and provisions of services in almost all the important spheres of economic activity.
Since the Modi government came to power in 2014, it was only in the financial year 2019-20 that it failed to achieve the revised CPSE disinvestment target of...
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.
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.
Air India’s takeover by the Tatas looks positive on most fronts. But what does it really mean for the employees?
Tata Sons had won the bid for acquiring 100 per cent stake in the national carrier, last week. A consortium led by Spicejet promoter Ajay Singh came second...
The announcement was made by the secretaries of DIPAM and the ministry of civil aviation.
A consortium led by Spicejet promoter Ajay Singh came second with his bid of Rs 15,000 crore. The reserve price for the bid was set at Rs 12, 906 crore.
It added that the media would be apprised of the development pertaining to the disinvestment and when it is finalised.
The five candidates are required to make presentations on their technical proposal before DIPAM's selection committee on September 30, the circular stated
Announcing a new PSU privatisation policy, PM Modi said that all PSUs except those in four strategic sectors will be privatised.
The impending disinvestment of LIC through an IPO has all worrisome angles covered, but the gravity of this unprecedented act is not lost on policyholders,...
Kerala Finance Minister Thomas Isaac says that the state government's position is very clear: since we have provided the land for the airport, we have the...
Bharatiya Mazdoor Sangh says that workers were affected the most by any change, privatisation would mean job losses on a large scale and a dearth of quality...
The coronavirus pandemic has poured water on Union finance minister Nirmala Sitharaman's plan to raise Rs 2,10,000 crore from disinvestments
Union minister Prakash Javadekar said the Cabinet has approved allowing Non-Residents Indians (NRIs) to hold up to 100 per cent stake in Air India.
Finance Minister Nirmala Sitharaman said insurance behemoth LIC will be listed as part of the government disinvestment initiative.
