multiple gets power niti nigam taken buyback products know sends surplus dividend sector market cr ministry crore disinvestment date push deadline kumar oil railtel bids interest ofs sale financial management

Articles for Dipam, search results for fiscal

Dilip Cherian | After Khedkar’s IAS exit, more complaints of fake credentials
3 months, 4 weeks ago

Dilip Cherian | After Khedkar’s IAS exit, more complaints of fake credentials

Deccan Chronicle  

Suspended IAS officer Puja Khedkar’s discharge from service has spotlighted a larger issue within the civil services selection process. Tuhin Kanta Pandey, a senior IAS officer from the Odisha cadre, is India’s new finance secretary, stepping into a pivotal role following the elevation of Dr. T.V. Mr Pandey’s portfolio, which also included the position of secretary of the department of …

India Pandey Ias Secretary Mr Pandey Ndtv Ms Khedkar
NALCO share price slips after DIPAM says no divestment agenda for the firm
1 year, 10 months ago

NALCO share price slips after DIPAM says no divestment agenda for the firm

Live Mint  

Government-owned National Aluminium Company share price slipped on Friday after DIPAM secretary Tuhin Kanta Pandey said the Centre has no divestment agenda for the company. In Budget 2023, the government pegged a much lower disinvestment target of ₹51,000 crore for the fiscal year FY24. In Budget 2023, while setting a much lower disinvestment target of ₹51,000 crore for FY24, the …

Disinvestment Crore Nalco Dipam
LIC IPO Expected to Hit Market in Q4; Speculations on 'Delay' Incorrect: Govt
3 years ago

LIC IPO Expected to Hit Market in Q4; Speculations on 'Delay' Incorrect: Govt

News 18  

LIC IPO: The central government has recently refuted claims around the initial public offering of the Life Insurance Corporation of India. The Centre, a day back, dismissed media speculations claiming that the government is unlikely to come up with the IPO of Life Insurance Corporation in the current financial year ending March 2022. “Some media speculation doubting the feasibility of …

Media Report Fiscal Ipo Lic Dipam Lic Ipo
BPCL, Air India stake sale by September; LIC IPO post October, says DIPAM Secretary
3 years, 11 months ago

BPCL, Air India stake sale by September; LIC IPO post October, says DIPAM Secretary

The Hindu  

The initial public offering of India's largest insurance company LIC is likely after October this year, a top official said on Tuesday laying out the government's divestment calendar that includes completing the sale of flag carrier Air India and oil firm BPCL within the first half of the next fiscal. Targeting to raise ₹1.75 lakh crore from the asset sale …

Finance Spa Budget Air Disinvestment Crore Pandey
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
MTNL starts ₹23,000 crore asset monetisation through DIPAM
5 years ago

MTNL starts ₹23,000 crore asset monetisation through DIPAM

Live Mint  

State-run telecom firm MTNL has started the process to monetise assets worth ₹23,000 crore as it aims to turn profitable in the next fiscal year, a top official of the company said on Thursday. The company has already submitted plans to the Department of Investment and Public Asset Management to monetise ₹6,200 crore worth assets that include 36 acres of …

Delhi Mumbai Assets Company Crore Kumar Asset
RailTel initial public offering process gains momentum
5 years, 2 months ago

RailTel initial public offering process gains momentum

India TV News  

The government is looking to divest up to 25 per cent stake in RailTel Corporation through initial public offering, and is scouting for advertising agencies to manage the listing process. "The Department of Investment and Public Asset Management requires services of a reputed advertising agency with experience and expertise in public offerings in capital markets to act as an advertising …

Initial Public Offering Public Offering Ipo Dipam Railtel
Govt plans to divest up to 15% in RITES via OFS, eyes to raise about Rs 700 cr; DIPAM to assist in sale process
5 years, 7 months ago

Govt plans to divest up to 15% in RITES via OFS, eyes to raise about Rs 700 cr; DIPAM to assist in sale process

Firstpost  

At the current market price, sale of 15 percent stake in RITES would fetch around Rs 700 crore to the government. New Delhi: The government is planning to divest up to 15 percent stake in railway public sector undertaking RITES through an offer for sale, which could fetch around Rs 700 crore to the exchequer. Railways consultancy firm RITES got …

Sale Crore Rites Ofs Rs 700 Crore Dipam Rs 700 Cr