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Articles for Dipam, search results for govt

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
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
Govt to Sell 15-20 per cent Stake in IRCTC via Offer for Sale
4 years, 4 months ago

Govt to Sell 15-20 per cent Stake in IRCTC via Offer for Sale

News 18  

The government plans to sell about 15-20 per cent stake in IRCTC via offer for sale and would like to complete the transaction in minimum number of tranches. The government currently holds 87.40 per cent stake in IRCTC. Asked if payment would be made by the government to merchant banker after completion of every single tranche or cumulatively after the …

Railway Crore Cent Stake Ipo Irctc Ofs
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
Dipam, Niti Aayog aim to cut govt stake in select CPSEs to below 51%
5 years, 3 months ago

Dipam, Niti Aayog aim to cut govt stake in select CPSEs to below 51%

India TV News  

The government will start consultations soon with Niti Aayog and Energy and Petroleum Ministries to bring down its equity holding below 51 per cent, including change of norms and modes of doing the stake dilution in very few select PSUs to begin with. At the initial stage it will be 2-3 PSUs where government stake in these PSUs would be …

India Cent Stake Psu Niti Aayog Niti Cpses
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
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