Oct 18, 2021 06:25 PM IST
OIL, KIOCL and SJVN have paid about Rs 92 crore, Rs 99 crore and Rs 94 crore respectively as dividend tranches to the government, Pandey added.
- Oct 12, 2021 08:52 PM IST
The Container Corporation of India Ltd (Concor) has built terminals to house containers on land leased from the Indian Railways on a per container licence fee basis.
- Oct 11, 2021 08:20 PM IST
Earlier on October 9, Tata Sons acquired the debt-laden Air India with a winning bid of Rs 18,000 crore.
- Oct 10, 2021 02:07 PM IST
The government on October 8 had announced that salt-to-software conglomerate Tatas have won the bid to acquire debt-laden national carrier Air India for Rs 18,000 crore.
- Oct 08, 2021 09:24 PM IST
The Tata’s will pay Rs 18,000 crore to the government. The reserve price was fixed at Rs 12,906 crore.
- Oct 05, 2021 08:16 PM IST
'Government of India has respectively received about Rs 1426 crore from Coal India Ltd and Rs 1406 cr from ONGC as dividend in this FY recently,' DIPAM Secretary Tuhin Kanta Pandey tweeted.
- Oct 01, 2021 11:13 AM IST
A panel of ministers has reportedly accepted Tata Sons' proposal to take over Air India
- Sep 19, 2021 02:33 PM IST
The Cabinet had in May given in-principle approval for IDBI Bank's strategic disinvestment along with transfer of management control.
- Sep 15, 2021 06:06 PM IST
AI disinvestment process now moves towards conclusion.
- Sep 08, 2021 06:40 PM IST
According to the latest circular, LIC appointed Kotak Mahindra Capital Company, Goldman Sachs India Securities, JP Morgan India, ICICI Securities, JM Financial, Citigroup Global Markets India, Nomura Financial Advisory and Securities (India), Axis Capital, DSP Merrill Lynch, and SBI Capital Markets as book running lead managers.
- Aug 12, 2021 10:12 PM IST
The last date for submitting bids by merchant bankers and legal advisors is September 1.
- Aug 11, 2021 11:19 AM IST
"There is a very big privatization agenda and that would mean that apart from NCLT, there will be a lot of assets on offer which will come from the public sector," Tuhin Kanta Pandey said.
- Jul 27, 2021 08:50 PM IST
The government is selling up to 8 percent stake sale in HUDCO at a floor price of Rs 45 apiece.
- Jul 15, 2021 07:34 PM IST
In its RFPs, DIPAM said that the potential size of the IPO is expected to be larger than any precedent in Indian markets.
- Jul 09, 2021 06:12 PM IST
While the Cabinet Committee on Economic Affairs has allowed the sale of the entire stake, the exact quantam will be decided as the process unfolds. The Centre and LIC together own nearly 95 percent of IDBI Bank currently.
- 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.
- Mar 15, 2021 07:32 PM IST
Retail investors would be allowed to bid for the government stake on March 17, which is the second day of the sale.
- Mar 01, 2021 08:40 PM IST
The Cabinet had in November last year given an in-principle approval for strategic divestment of Shipping Corp and Container Corp of India Ltd.
- Mar 01, 2021 08:10 PM IST
The transaction is likely to happen this month and is considered to be the first step towards the privatisation of BPCL.
- Feb 23, 2021 01:02 PM IST
As a part of the 'Aatmanirbhar Bharat' package announced in May 2020, the government has lined key areas where bare minimum public sector undertakings will be maintained and the rest will be privatised.
- Feb 18, 2021 10:05 PM IST
After multiple failed attempts, the Department of Investment and Public Asset Management (DIPAM) had in December invited bids for strategic sale, along with transfer of management control, of helicopter service provider Pawan Hans.
- Feb 12, 2021 05:37 PM IST
The Cabinet had in November last year gave in-principle approval for strategic divestment of Shipping Corp and Container Corp of India Ltd. However, the plans were delayed due to the pandemic.
- Feb 10, 2021 06:36 PM IST
At the current market price, selling 20 percent stake can fetch about Rs 400 crore to the exchequer.
- Feb 01, 2021 12:29 PM IST
The government has pegged the disinvestment target for FY22 at Rs 1.75 lakh crore. This will include the shedding of Centre's stake in two state-owned banks and a general insurance company, and large-scale asset sales, Finance Minister Nirmala Sitharaman said during her budget presentation.
- Jan 25, 2021 08:46 PM IST
NINL, which became India’s largest exporter of saleable pig iron since 2004-05, has been reeling under losses, compelling the government to include the public sector unit in its disinvestment plan.