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Department Of Investment And Public Asset Management Dipam
Business  /  Published 21.01.21

Centre to divest Tata Com stake

The Union government is selling its residual stake in Tata Communications Ltd (TCL) through a combination of an offer-for-sale and a strategic selloff in the current financial year. The Centre holds ...
By Our Special Correspondent in Mumbai

Business  /  Published 23.12.20

Shipping Corp up for sale

The government plans to set up a development finance institution (DFI) in the next three to four months with a view to mobilise Rs 111 lakh crore required for funding of the ambitious national infrast...
By Our Special Correspondent in New Delhi

Business  /  Published 22.12.20

Selloffs in SCI, Concor 

The government plans to call for bids to sell its stakes in the Container Corporation of India and the Shipping Corporation of India. The expressions of interest (EoI) for the strategic sale of the r...
By R. Suryamurthy in New Delhi

Business  /  Published 09.12.20

Bids sought for Pawan Hans

The Modi government on Tuesday invited bids to sell its stake in state-owned helicopter services operator Pawan Hans, its second attempt at sell-off in three years. The earlier attempt in 2018 did not...
By Our Special Correspondent in New Delhi

Business  /  Published 03.12.20

Three in race for Bharat Petroleum Corporation

The government has received three preliminary bids to buy a controlling stake in India’s second-largest fuel retailer Bharat Petroleum Corporation, oil minister Dharmendra Pradhan said at a webi...
By Our Special Correspondent in New Delhi

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Business  /  Published 14.11.20

Payout nudge to PSUs

The cash-strapped Modi government has sent out an advisory to public sector units asking them to pay higher dividends and on a quarterly basis. The move is seen as an attempt to shore up its finances....
By Our Special Correspondent in New Delhi

Business  /  Published 26.10.20

Life Insurance Corp float date gets delayed

The mega initial public offering of Life Insurance Corp (LIC) may spill over to the next fiscal as the government will first look at the independent actuarial valuation of the country’s largest ...
By PTI in New Delhi

Business  /  Published 21.10.20

Debt leeway for AI bidders

In a bid to revive Air India’s privatisation, the government is planning to give flexibility to potential investors to decide on the humongous debt of the national carrier, a top official has sa...
By PTI in New Delhi

Business  /  Published 18.11.19

Government seal on BPCL sale soon

The government plans to come out with an expression of interest (EoI) for a strategic sale in state-owned refiner BPCL by the end of this year after getting cabinet clearance.The privatisation of Air ...
By Our Special Correspondent in New Delhi

Business  /  Published 26.05.19

Financial stocks ETF on way

An exchange traded fund comprising banks and insurance PSUs is on the finance ministry’s menu, bouyed by the success of its other ETFs. “We are toying with the idea of combining some state-owned b...
By R. Suryamurthy in New Delhi


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