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Department Of Investment And Public Asset Management Dipam
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

Business  /  Published 03.02.20

Rush to finish BPCL sale

The Modi government seems to be working on a tight timeline for the strategic sale of BPCL, with a high-level interministerial body, called Alternative Mechanism, led by home minister Amit Shah, expec...
By Our Special Correspondent in New Delhi

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Business  /  Published 27.05.20

Govt extends BPCL bid deadline to July 31

The government has for the second time extended the deadline for bidding for privatisation of India's second-biggest oil refiner Bharat Petroleum Corp Ltd (BPCL) by over a month to July 31.While the c...
By PTI in New Delhi

Business  /  Published 09.02.20

SAIL offer-for-sale plan

The government is planning to sell a 5 per cent stake in Steel Authority of India Ltd (SAIL) through an offer for sale, which could fetch about Rs 1,000 crore to the exchequer, an official said. Offic...
By PTI in New Delhi

Business  /  Published 15.03.19

ETF prop for selloff

The race to meet the Rs 80,000-crore divestment target for the current fiscal will largely depend on the CPSE-Exchange Traded Fund (ETF) to be launched next week. Besides, the board of Power Finance C...
By R. Suryamurthy in New Delhi

Business  /  Published 07.03.20

Bids called for BPCL selloff

The government on Saturday invited global bids for sale of its entire 52.98 per cent stake in Bharat Petroleum Corporation Ltd (BPCL) from prospective bidders with a minimum net worth of $10 billion.E...
By Our Special Correspondent in New Delhi

Business  /  Published 24.02.20

Queries over Air India sale grow

The sale of Air India could be delayed as the government has extended the time till March 6 for bidders to pose additional queries regarding the sale of its 100 per cent stake in the carrier.The gover...
By Our Special Correspondent in New Delhi


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