Department Of Investment And Public Asset Management Dipam
Business  /  Published 20.12.21

LIC float may be delayed

The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than...
By PTI in New Delhi

Business  /  Published 21.11.21

Bids sought for BSNL, MTNL assets

The government has kicked off its asset monetisation programme by inviting bids to sell six assets of Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) through its new asset mon...
By Our Special Correspondent in New Delhi

Business  /  Published 18.11.21

Centre targets LIC float by March

The much awaited mega-IPO of Life Insurance Corporation is expected to hit the markets in the January-March quarter of the current fiscal as the Centre goes on the overdrive to meet the selloff target...
By Our Special Correspondent in New Delhi

Business  /  Published 28.10.21

BPCL payout at Rs 6,655cr

The government has received a final dividend of Rs 6,665 crore from privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) for the 2020-21 fiscal, the Dipam secretary said on Wednesday. &nbs...
By PTI in New Delhi

Business  /  Published 18.10.21

SPV push for monetisation

The finance ministry will soon move the cabinet to seek approval for setting up a company for the transfer and subsequent monetisation of land and non-core assets of privatisation-bound CPSEs, an offi...
By PTI in New Delhi


Business  /  Published 08.10.21

Air India 'back home' as the Tata Sons wins bid

Tata Sons chairman emeritus Ratan Tata tweeted an old photograph of the company's former chairman JRD Tata getting down from an Air India aircraft, minutes after Tata Sons regained control of the ...
By Our Bureau, PTI in New Delhi

Business  /  Published 20.09.21

Pressure to wrap up IDBI stake sale

Most of the merchant bankers who had submitted bids to facilitate the strategic sale of LIC-controlled IDBI Bank has indicated a time-frame of one year to complete the elaborate process, sources said....
By PTI in New Delhi

Business  /  Published 06.09.21

Wapcos float by March-end

The initial public offering of Wapcos is likely to be launched by March-end, an official said. In February, the department of investment and public asset management (Dipam) had floated tenders for en...
By PTI in New Delhi

Business  /  Published 30.08.21

MSTC online thrust

MSTC Ltd, the Calcutta-based public sector outfit, is steadily transforming itself from a pure-play trading agency to an e-commerce outfit to render services to government entities and private parties...
By Our Special Correspondent in Calcutta

Business  /  Published 24.08.21

LIC: Foreign stake may be allowed

The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO...
By PTI in New Delhi


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