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Non-core asset monetization mandate to be transferred from DIPAM
2 years, 4 months ago

Non-core asset monetization mandate to be transferred from DIPAM

Live Mint  

Monetization of non-core assets including land, real estate and infrastructure is being transferred from the department of investment and public asset management to the department of public enterprises within the finance ministry. According to four people aware of the development, the transition has begun with the first step being the National Land Monetisation Corporation set up for monetizing non-core land …

Assets Asset Dpe Nlmc Dipam Monetization
BPCL Privatisation: Govt to Provide Rules on Employee Protection, Asset Stripping Later
4 years, 4 months ago

BPCL Privatisation: Govt to Provide Rules on Employee Protection, Asset Stripping Later

News 18  

The government will provide guidance on employee protection, asset stripping and business continuity in Bharat Petroleum Corp Ltd to potential acquirers of the company only at a later stage of bidding, according to privatisation rules issued by the disinvestment department. On a query on restrictions relating to employee protection, asset stripping, business continuity and lock-in of shares, DIPAM said, “This …

India Cent Stake Qip Bpcl Qualified Consortium
Bharat Petroleum privatisation: Govt to provide rules on employee protection, asset stripping later
4 years, 4 months ago

Bharat Petroleum privatisation: Govt to provide rules on employee protection, asset stripping later

Live Mint  

The government will provide guidance on employee protection, asset stripping and business continuity in Bharat Petroleum Corp Ltd to potential acquirers of the company only at a later stage of bidding, according to privatisation rules issued by the disinvestment department. On a query on restrictions relating to employee protection, asset stripping, business continuity and lock-in of shares, DIPAM said, "This …

India Stake Qip Bpcl Employee Protection Government Stake Privatisation Govt
Qualified Interested Parties in BPCL to Take Necessary Security Clearance: DIPAM
4 years, 4 months ago

Qualified Interested Parties in BPCL to Take Necessary Security Clearance: DIPAM

News 18  

The government on Friday said interested parties that evince interest in bidding for BPCL would be required to take necessary security clearance which would be communicated to them at the Request For Proposal stage. "Necessary security clearance shall be taken as per the details and requirements communicated to the QIP at the time of RFP," the Department of Investment and …

India Interest Bpcl Security Clearance Nci Eoi Interested Parties
Govt sends ONGC into a tizzy; asks PSU to sell golf courses in Ahmedabad that has two oil wells
5 years, 5 months ago

Govt sends ONGC into a tizzy; asks PSU to sell golf courses in Ahmedabad that has two oil wells

Firstpost  

After the Motera field was discovered in Ahmedabad, ONGC was wary of encroachment around the oil wells in a city that was developing into a megapolis New Delhi: The government wants Oil and Natural Gas Corp to sell its golf courses in Ahmedabad and Vadodara in Gujarat, sending the company into a tizzy as one of them has two producing …

Golf Ahmedabad Oil Wells Courses Golf Courses Exercise Ongc