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Tag results for... "dipam"

BEML to form subsidiary for demerger of surplus land, assets ahead of disinvestment

BEML has received an approval from the Department of Investment and Public Asset Management (DIPAM) and NITI Aayog in this regard Earlier in March this year, BEML had announced the.......

SCI disinvestment: Govt shortlists MEIL, ex-SCI employee consortium & US-based company

The list of shortlisted bidders includes US-based Safesea, Hyderabad-based MEIL and a consortium led by non-resident Indian businessman Ravi Mehrotra The three bidders have also.......

COVID: Bidders seek extensions in deadlines, BPCL, Air India disinvestment likely to get delayed

A source said that DIPAM has already received requests from bidders for delaying the submission of financial bids However, the source added that the disinvestment targets for FY22.......

FM to hold review meeting on disinvestment this week, take call on bank privatisation: Sources

Officials feared that if partial lockdown in certain parts of the country continue or are enforced more severely, it will impact both the market and investor sentiment For FY22, the.......

Despite COVID crisis, PSU dividend receipts exceed revised estimate & FY20 collection

Total dividend receipts from CPSEs in FY21 have touched Rs 39,022 crore The revised estimate for PSU dividend receipts for FY21 was Rs 34,717 crore New Delhi: The PSU dividend.......

Modi govt ends FY21 with PSU disinvestment yield of Rs 32,835 cr

Minority stake disinvestment through OFS and IPO and share buybacks contributed to the cumulative total of Rs 32,835 crore While OFS fetched the government Rs 22,972.86 crore, IPO.......

NINL disinvestment progresses without any delay; govt receives multiple EoIs

The government had floated a PIM on January 25, and had sought EoIs for the disinvestment of 100 percent shareholding of various state-run organisations in NINL The shortlisted bidders.......

Modi govt has collected Rs 30,369 cr as dividend from PSUs in FY21 so far

Several PSUs have declared interim dividends in this financial year The government has introduced a new ‘consistent dividend policy’ under which PSUs will be paying between.......

RVNL OFS opens on March 24; Centre to offload up to 15% stake

The RVNL OFS shall take place on a separate window of the stock exchanges on March 24, and March 25 from 9:15 a.m. to 3:30 p.m In case of oversubscription, the government will exercise.......

Privatisation: BEML EoI submission deadline closes with multiple bidders showing interest

The government had extended the last date for EoI submission for privatisation of defence PSU BEML from March 1 to March 22 Currently, the government holds 54.03 percent stake in the.......

What happens to PSU employees after privatisation?

The concern of PSU employees regarding alteration in the terms and conditions of the services are addressed through provisions in the Share Purchase Agreement (SPA) In cases where VRS.......

Govt stake sale in Tata Communications Ltd received great response- DIPAM

New Delhi: The government's share sale of 16.12 per cent stake in Tata Communications Ltd received "great response" from institutional investors, DIPAM Secretary Tuhin Kanta Pandey said.......

Niti Aayog’s latest PSU disinvestment list has 12 PSUs from these sectors

The PSU disinvestment list will be reviewed by the DIPAM first followed by the Core Group of Secretaries on Disinvestment and the Alternative Mechanism on disinvestment The government.......

RINL privatisation protest: Steel PSU executives to take out silent march along with family

The Steel Executives’ Association has demanded that the government withdraw its decision to disinvest 100 percent stake in RINL It has called on the government to merge RINL with.......

New dividend policy will require PSUs to pay 2-4 interim dividends in a fiscal: DIPAM Secretary

We have announced a consistent dividend policy, therefore dividends are ensured, he said The Secretary said that going forward, the govt will place a lot of importance on criteria like.......