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Articles for Dipam, search results for financial

IREDA Shares Rise Over 4% On DIPAM Approval For Rs 4,500 Crore QIP
3 months, 3 weeks ago

IREDA Shares Rise Over 4% On DIPAM Approval For Rs 4,500 Crore QIP

News 18  

Shares of the Indian Renewable Energy Development Agency jumped 4.4 per cent on the BSE today, reaching a high of Rs 237.50 after the company announced it received approval from the Union government to raise Rs 4,500 crore through a Qualified Institutions Placement of fresh equity. The fundraise, approved by the Alternative Mechanism based on recommendations from a High-Level Committee, …

Cent Ireda Crore Qip
Privatisation not on hold but not a priority, DIPAM secretary Pandey says
5 months, 2 weeks ago

Privatisation not on hold but not a priority, DIPAM secretary Pandey says

Live Mint  

New Delhi: Privatisation of central public sector enterprises has not been put on hold, but is not a priority under the government's calibrated approach to disinvestment, said Tuhin Kanta Pandey, secretary of the department of investment and public asset management. The outright focus now is on value creation," Pandey told Mint in an exclusive post-budget interaction in response to a …

India Sale Disinvestment Pandey Stake Vodafone Idea Hold
Ferro Scrap Nigam Ltd: Govt Gets Multiple Preliminary Bids for FSNL Disinvestment
2 years, 6 months ago

Ferro Scrap Nigam Ltd: Govt Gets Multiple Preliminary Bids for FSNL Disinvestment

News 18  

New Delhi: The government on Monday said it has received multiple preliminary bids for buying Ferro Scrap Nigam Ltd. The Department of Investment and Public Asset Management had in March invited bids for strategic sale of FSNL. Multiple Expressions of interest received for Strategic Disinvestment of Ferro Scrap Nigam Ltd - a wholly owned subsidiary of MSTC Ltd, DIPAM Secretary …

Fsnl Received Multiple Ferro Scrap Nigam Ltd
Retail investors contributed most to LIC IPO success, says DIPAM secretary Tuhin Kanta Pandey
2 years, 8 months ago

Retail investors contributed most to LIC IPO success, says DIPAM secretary Tuhin Kanta Pandey

The Hindu  

The initial public offer of the Life Insurance Corporation of India closed successfully on Monday evening at 7 p.m. and is expected to yield about ₹20,500 crore to the exchequer, top finance ministry officials said. “I am pleased to inform you that the offer that was started on May 4, has closed today at 7 pm, and it has met …

Retail Investors Investors Issue Pandey Decisions Ipo Malhotra
DIPAM, NITI Aayog agree to proposal of incorporating BEML subsidiary
3 years, 6 months ago

DIPAM, NITI Aayog agree to proposal of incorporating BEML subsidiary

Business Standard  

BEML Ltd on Saturday said DIPAM and NITI Aayog have agreed to the proposal of incorporation of a wholly-owned arm for demerger of surplus land and asset as part of BEML's strategic disinvestment process. "Ministry of Defence.conveyed that Department of Investment and Public Asset Management and NITI Aayog have concurred to the proposal of incorporation of wholly-owned subsidiary of BEML …

Niti Aayog Dipam Beml Subsidiary
Air India Divestment: Intimation Date for Qualified Interested Bidders Extended to Jan 5
4 years ago

Air India Divestment: Intimation Date for Qualified Interested Bidders Extended to Jan 5

News 18  

The government on Thursday said it will intimate qualified interested bidders of Air India on January 5 next year, instead of the earlier decided date of December 29, 2020. The Department of Investment and Public Asset Management on Thursday issued a tenth corrigendum to global invitation for Expression of Interest for the proposed strategic disinvestment of Air India Ltd stating …

Air Interest Lic Qualified Interested Bidders India Divestment
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
Want to reduce dependence on PSUs during IPOs: DIPAM’s Nukala
5 years, 9 months ago

Want to reduce dependence on PSUs during IPOs: DIPAM’s Nukala

Live Mint  

Mumbai: The Department of Investment and Public Asset Management, the finance ministry’s arm managing PSU divestments, wants to reduce its dependence on public institutions, including insurance companies and banks, during initial public offering, DIPAM joint secretary Venudhar Reddy Nukala said on Tuesday. “In the previous financial year, the investment from LIC and PSU banks was approximately ₹25,000 crore in our …

Reddy Ipo Psu Banks Lic Nukala