Tag: DIPAM
10 Results
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Centre receives Rs 1203 crore dividend from five public enterprises
The central government has received about Rs 1203 crore in dividends in five tranches from five public sector companies. It included Rs 604 crore, Rs 450 crore, Rs 37, Rs 81 crore, and Rs 31 crore from SAIL, HUDCO, IREL, IRCTC, and Bhartiya Rail Bijlee Co Ltd respectively as dividend tranches.
October 6, 2022 -
‘Money from monetization of public assets and privatisation can be used in public welfare schemes’: PM Modi
He added the time and needs of the country when the public sector enterprises were started were different from today.
February 24, 2021 -
RailTel IPO received bids for 16.13 crore shares on opening day
The total size of the offer is Rs 819.24 cr at the upper price band of Rs. 94 per share.
February 17, 2021 -
Govt extends bid deadline for Shipping Corp by 16 days
The Cabinet had in November last year gave in-principle approval for strategic divestment of Shipping Corp and Container Corp of India Ltd.
February 12, 2021 -
Govt invites bids to disinvest 63.75% stake in Shipping Corp of India
The government has appointed RBSA Capital Advisors LLP as its transaction advisor to manage the disinvestment process.
December 22, 2020 -
Govt extends EOI deadline for BPCL sale till Nov 16
The government had first invited bids by May 2. This was then extended till June 13, and then to July 31.
September 30, 2020 -
IPO’s of WAPCOS, TCIL to get legal aid: DIPAM
WAPCOS and Telecommunications Consultants India (TCIL) are part of a plan of the Centre for listing where IRCTC, RITES have already been listed.
December 23, 2019 -
Air India disinvestment on track: DIPAM Secretary
'It may be noted that the disinvestment of one of the subsidiaries of AI, AIATSL got underway with its EOI/PIM published on 12.2.2019.'
June 28, 2019 -
NALCO offer of sale oversubscribed over three times
State-run National Aluminium Company offer for sale (OFS), got overwhelming response from investors with the retail portion subscribed 3.17 times on the second and last day of the offer on Thursday, the government announced. Institutional investors had bid 1.84 times on Wednesday. "The central government has successfully divested 9.2 per cent of paid-up capital in...
April 20, 2017 -
Govt sets up mechanism for speedy stake sale in PSUs
The government has set itself strict timelines to meet the ambitious target of raising Rs.72,500 crore in 2017-18 from stake sale in its central public sector enterprises. The Department of Investment & Public Asset Management (DIPAM), the government department entrusted with the disinvestment programme, has said the entire process of listing a public sector unit...
February 22, 2017