Thursday, May 19, 2022
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Disinvestment Privatisation

3 Cryptos Set To Shake Up The Metaverse: Monero, Seesaw Protocol And Cronos

3 Cryptos Set To Shake Up The Metaverse: Monero, Seesaw Protocol And Cronos

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%.

15 March 2022
PM Modi To Address Global Investors On Privatisation, Asset Monetisation On Wednesday

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...

08 March 2022

Is Disinvestment Like Killing The Golden Goose?

CPSEs have been engaged in the manufacture of goods and provisions of services in almost all the important spheres of economic activity.

Disinvestment Proceeds To Fall Short Of Revised Estimates Second Time Since 2014

Disinvestment Proceeds To Fall Short Of Revised Estimates Second Time Since 2014

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...

06 March 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.

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25 October 2021
Govt Signs Share Purchase Agreement With Tata Sons For Air India Disinvestment

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.


15 October 2021
Return Of The Maharaja: Will Air India’s Takeover By Tatas End Problems Of Airline’s Employees?

Return Of The Maharaja: Will Air India’s Takeover By Tatas End Problems Of Airline’s Employees?

Air India’s takeover by the Tatas looks positive on most fronts. But what does it really mean for the employees?


11 October 2021
Govt Issues Intent Letter To Tata Sons For Air India

Govt Issues Intent Letter To Tata Sons For Air India

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...


08 October 2021
Homecoming For Air India: Tata Sons Emerge Winner With Rs 18,000 Cr-Bid

Homecoming For Air India: Tata Sons Emerge Winner With Rs 18,000 Cr-Bid

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.


08 October 2021
Tata Group Buys Air India For ₹18,000 Crore

Tata Group Buys Air India For ₹18,000 Crore

The announcement was made by the secretaries of DIPAM and the ministry of civil aviation.


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01 October 2021
Reports Of Tata Sons Winning Air India-Bid 'Incorrect': DIPAM Sec

Reports Of Tata Sons Winning Air India-Bid 'Incorrect': DIPAM Sec

It added that the media would be apprised of the development pertaining to the disinvestment and when it is finalised.


24 September 2021
Five Firms In Race To Be Transaction Advisors In Vizag Steel Disinvestment

Five Firms In Race To Be Transaction Advisors In Vizag Steel Disinvestment

The five candidates are required to make presentations on their technical proposal before DIPAM's selection committee on September 30, the circular stated


24 February 2021
Centre Committed To Privatising PSUs: Prime Minister Narendra Modi

Centre Committed To Privatising PSUs: Prime Minister Narendra Modi

Announcing a new PSU privatisation policy, PM Modi said that all PSUs except those in four strategic sectors will be privatised.


05 February 2021
Policy For Shifting Weight

Policy For Shifting Weight

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,...


24 August 2020
No Conflict Of Interest In Hiring Adani-linked Firm For Airport Bid: Kerala Finance Minister Thomas Isaac

No Conflict Of Interest In Hiring Adani-linked Firm For Airport Bid: Kerala Finance Minister Thomas Isaac

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...


17 May 2020
'Sad Day For Nation': RSS-Affiliated Group Pans Centre, Says There Is 'Dearth Of Ideas'

'Sad Day For Nation': RSS-Affiliated Group Pans Centre, Says There Is 'Dearth Of Ideas'

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...


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10 May 2020
COVIDED! Axe On Disinvestment Is Good News For Air-India, BPCL and LIC?

COVIDED! Axe On Disinvestment Is Good News For Air-India, BPCL and LIC?

The coronavirus pandemic has poured water on Union finance minister Nirmala Sitharaman's plan to raise Rs 2,10,000 crore from disinvestments


04 March 2020
Govt Permits NRIs To Own Up To 100% Stake In Air India

Govt Permits NRIs To Own Up To 100% Stake In Air India

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.


01 February 2020
Budget 2020: Govt To Sell Part Of Its Holding In LIC Via IPO

Budget 2020: Govt To Sell Part Of Its Holding In LIC Via IPO

Finance Minister Nirmala Sitharaman said insurance behemoth LIC will be listed as part of the government disinvestment initiative.


27 November 2019
'Air India Has To Be Closed Down If Not Privatised', Says Govt

'Air India Has To Be Closed Down If Not Privatised', Says Govt

The government is readying the bid document to sell off its entire stake in the national carrier.


21 November 2019
'Modi Govt Selling Country': Opposition Attacks Centre Over Stake Sale In BPCL, Other PSUs

'Modi Govt Selling Country': Opposition Attacks Centre Over Stake Sale In BPCL, Other PSUs

The government has approved sale of its entire stakes in blue-chip oil firm BPCL, shipping firm SCI and cargo mover Concor.


19 November 2019
Investor Outreach For Air India Sale On, Says Civil Aviation Minister

Investor Outreach For Air India Sale On, Says Civil Aviation Minister

The government has decided to almost completely exit the airline saying the financial support being provided to the airline could be put to better use


26 August 2019
Priyanka Gandhi To Visit Rae Bareli Rail Coach Factory As Workers Protest Against Privatisation

Priyanka Gandhi To Visit Rae Bareli Rail Coach Factory As Workers Protest Against Privatisation

The Ministry of Railways has envisaged corporatisation of its seven production units and associated workshops under one entity called the Indian Railway...


12 July 2019
D Company And India Inc.

D Company And India Inc.

Govt goes for Rs 1.05 lakh crore disinvestment target. Will it really help ailing PSUs like Air India?


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