Dipam

The government is temporarily freezing the proposed sale of AAI's stakes in the private joint ventures operating the airports at Delhi, Mumbai, Hyderabad and Bangalore. Reason The finance ministry has decided to defer for now the…

The size of share sale is dependent on the valuation. The secretary of DIPAM Tuhin Kanta Pandey has responded to media reports that the LIC IPO is unlikely to happen this fiscal. He tweeted that the reports are false and that the…

The sale of these idle assets will be made through the new online bidding platform, created by the government enterprise MSTC. In a move to monetize idle assets, the Government is working on a plan to sell off land lots of some PSUs…

The Government has plans to appoint two bankers to oversee and manage the stake sale process of NSC. As a part of its ambitious disinvestment drive of Rs 1.75 lakh crore, the government has initiated the stake sale process of 25%…

The privatisation of India's first insurance company could take place next year. The Union Cabinet has given the go-ahead to make amendments to the General Insurance Business (Nationalisation) Act. Amendment To Remove Govt’s Stake …

Both the government and the Life Insurance Corporation (LIC) intend to sell their entire stake in the IDBI Bank clarified the Department of investment and public asset management (DIPAM). A report by Economic Times said that as per…

The government of India (GoI) along with LIC will dilute a certain extent of their stakes in IDBI Bank after consultation with RBI. The Cabinet Committee on Economic Affairs (CCEA) has approved for IDBI Bank to be disinvested to private…

First list about 12 public sector undertakings (PSUs) to be privatised has been submitted by NITI Aayog, a body headed by the prime minister. A top government official said that the submitted list will be considered by the…

As the government intends to complete the divestment latest by July-August, it has asked the bidders to submit their financial bids in next two months for the government's stake sale in national carrier Air India and Bharat Petroleum…

Govt Starts Selling BSNL, MTNL Assets To Earn Rs 37,000 Crore; Consultants Hired The Union government has started the monetisation of landholdings of state-owned telecoms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam…