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Tag results for... "dipam-secretary"

Govt to soon set up a company for monetisation of privatisation-bound PSU assets

An 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, said the DIPAM Secretary The Department of Public Enterprises (DPE).......

DIPAM denies reports of Tata Sons winning Air India bid

Media reports indicating approval of financial bids by Government of India in the AI disinvestment case are incorrect, said the DIPAM Secretary in a tweet Tata Group and SpiceJet Chairman Ajay.......

Disinvestment: Govt to offload upto 10% stake in Hindustan Copper; OFS opens on Sep 16

The Centre plans to sell 5 percent of its stake in the company and exercise the greenshoe option to sell an additional 5 percent in case of oversubscription The floor price for the OFS is Rs 116.......

Air India disinvestment in concluding stage: DIPAM Secretary

Air India disinvestment now reached in concluding stage, said DIPAM secretary Tuhin Kanta Pandey Tata Sons has put in a bid for the Air India disinvestment  New Delhi: The.......

After 17 years, India needs to see some PSU privatisation: DIPAM Secretary

‘As much as the government would like to disinvest, we also need businesses to come forward and participate in our bidding process’ ‘There have been delays and pushbacks.......

Govt shortlists ArcelorMittal, JSW Steel & MEIL for NINL disinvestment

The data room has been opened up for the three shortlisted bidders, who will now participate in the RfP stage The draft share purchase agreement has been issued and site visits have been.......

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.......

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.......

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.......

Asset monetisation: ‘Private sector can partake in India’s growth by buying PSU brownfield assets’

The DIPAM Secretary said that the new public sector policy views privatisation as a way of improving efficiency and achieving higher productivity The unveiling of the blueprint of a new.......

DIPAM releases new public sector policy; AAI, Railways, India Post outside policy scope

The blueprint has put Niti Aayog in charge of recommending the names of PSUs in strategic sectors which will be privatised or retained within government control The new public sector.......

CCEA has approved privatisation of RINL: DIPAM Secretary

The Cabinet has entrusted the Alternative Mechanism with the responsibility of deciding whether to privatise the subsidiaries of RINL or not RINL has a steel-making capacity of 6.3.......