Oct 17, 2021 01:29 PM IST
A special purpose vehicle (SPV) in the form of a company would be set up to hold these assets which would be monetised to fetch value to the exchequer, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said.
- Sep 27, 2021 05:08 PM IST
About 3,500 acres of land and other non-core assets of CPSEs identified for monetisation
- Aug 18, 2021 04:30 PM IST
The share of non-permanent workers and employees in CPSEs has rapidly increased since 2015-16 as more and more employees on the rolls seek VRS.
- Apr 02, 2021 12:17 PM IST
The number of delayed-payment applications rejected by the Micro and Small Enterprise Facilitation Councils jumped 102 percent during the same time period
- Mar 29, 2021 06:38 PM IST
DIPAM had in January invited preliminary bids for strategic sale of NINL. The last date for bid submission was March 29.
- Jan 27, 2021 04:38 PM IST
The navratna CPSE under the Ministry of Mines said that the public announcement setting out the process, timelines and other requisite details will be released in due course in accordance with the buyback regulations.
- Nov 16, 2020 07:52 PM IST
The government has set a target of raising Rs 2.10 lakh crore from disinvestment in the current financial year. Of this, Rs 1.20 lakh crore is to be raised through CPSE disinvestment.
- Aug 29, 2020 03:34 PM IST
For the last 5-6 years, CPSEs have been major investors in the economy as the private sector has been shying away from making fresh investment due to various reasons.
- May 17, 2020 04:45 PM IST
This will be part of a new coherent Public Sector Enterprises Policy to be formulated to push reforms in central public sector enterprises (CPSEs), Finance Minister Nirmala Sitharaman told reporters
- Jul 05, 2019 12:44 PM IST
CPSE ETFs to become tax-saving instruments
- Jul 05, 2019 12:33 PM IST
Sitharaman in her speech said that the government has been following the policy of disinvestment in non-financial public sector undertakings without taking the government's stake below 51 percent.
- Jun 16, 2019 01:02 PM IST
NITI Aayog has given a list of around 50 assets, including land and building, of state-owned companies for sale to the Department of Investment and Public Asset Management, a wing of the Finance Ministry which deals with disinvestment.
- May 14, 2019 04:22 PM IST
The government has set itself a divestment target of Rs 90,000 crore for the current fiscal
- May 12, 2019 11:40 AM IST
Currently, there is no set timeline for concluding strategic sale of a state-owned company and the entire process, in some cases, drags on for months, if not years.
- Apr 19, 2019 06:15 PM IST
REITs, which are regulated by Sebi, are instruments for investments in real estate. Under this REITs model of securitisation, the land assets will be transferred to a trust providing investment opportunity for institutional investors.
- Apr 15, 2019 09:09 PM IST
The Department of Investment and Public Asset Management (DIPAM) on Monday issued the guidelines for monetisation of non-core assets of CPSEs and immovable enemy properties, following a Cabinet decision in February.
- Mar 07, 2019 05:40 PM IST
The Alternative Mechanism (AM) on strategic disinvestment was set up in 2017 and consists of the finance minister, the road transport and highways minister and the minister representing respective administrative department.
- Feb 04, 2019 03:33 PM IST
The Cabinet has already approved strategic sale of about 2 dozen central public sector enterprises (CPSEs), including Air India, Dredging Corporation of India, and Bharat Earth Movers Ltd, for strategic sale.
- Nov 23, 2018 03:47 PM IST
"The subscription CPSE ETF FFO-3 will commence from Wednesday, November 28, till Friday November 30, on BiMF (BSE iBBS Platform for Mutual Fund) module on iBBS platform of BSE," the exchange said in a circular.
- Nov 18, 2018 11:45 AM IST
As many as six CPSEs have made regulatory filings to the stock exchanges for launching share buyback programmes, which could fetch the government a little over Rs 3,000 crore.
- Oct 19, 2018 12:27 PM IST
The government has raised more than Rs 9,600 crore through IPOs of three CPSEs and a tranche of Bharat-22 ETF in the first six months of the fiscal so far.
- Jul 31, 2018 02:35 PM IST
The CPSE ETF comprises 10 state-owned bluechips and shares in these companies can be sold only till the government stake in them reaches 55 per cent.
- Jun 22, 2018 05:05 PM IST
In the Budget for 2017-18, the then Finance Minister Arun Jaitley had announced the possibility of merger of PSUs to create large state-owned firms.
- Apr 08, 2018 04:05 PM IST
Senior officers of Central Public Sector Enterprises (CPSEs) and top ministry officials will also attend the conclave.
- Apr 02, 2017 11:33 AM IST
Exchange traded funds (ETFs) seem to be fast gaining ground in India, with investors from about 588 cities being attracted now towards such an investment product.