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Department Of Investment And Public Asset Management Dipam
Business  /  Published 06.05.21

IDBI selloff on course

The government has given an in-principle approval for the strategic disinvestment of IDBI Bank along with transfer of management control, paving the way for both the government and Life Insurance Corp...
By Our Special Correspondent in New Delhi

Business  /  Published 07.04.21

Selloff pace to quicken

The government plans to fast-track privatisation of firms in the non-strategic sector by easing the approval process and in the initial phase plans to push for sale of firms in sectors such as  t...
By R. Suryamurthy

Business  /  Published 30.03.21

Big three eye Neelachal

The Tatas, Mittals and the Jindals are in the fray to acquire public sector Neelachal Ispat Nigam Ltd (NINL) via a centrally sponsored divestment programme. Monday was the cut off to submit an express...
By Sambit Saha in Calcutta

Business  /  Published 11.02.21

Valuation to pave way for LIC float

The much anticipated initial public offering (IPO) of Life Insurance Corporation (LIC), which is expected in the third quarter of the next financial year, is making headway with the valuation exercise...
By Our Special Correspondent in Mumbai

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

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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

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


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