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DIPAM

Govt invites bids for privatisation of NMDC’s Nagarnar Steel Plant

The government has invited preliminary bids for the strategic sale of NMDC's Nagarnar Steel Plant and the last date for submitting bids is January 27, 2023

Govt defers sale of AAI’s residual stakes in 4 joint venture airports

The Finance Ministry has decided to defer the sale of AAI's residual stakes in four private joint venture airports as the valuations could be lower now

Govt gets Rs 5,001 cr dividend from ONGC; total dividend from CPSEs reaches Rs 23,797 cr in FY23

The government has received about Rs 5,001 crore as dividend tranche from ONGC, taking the total dividend receipt from all CPSEs to Rs 23,797 crore in FY23

IDBI Bank privatisation: Govt extends query submission deadline till Nov 10

The Finance Ministry has extended the deadline for potential bidders to submit queries on IDBI Bank privatisation by 13 days till November 10

Hindustan Copper pays Rs 74 cr dividend to Centre for FY22

State-owned Hindustan Copper has paid a dividend of Rs 74.20 crore to the Centre for FY22, which is 30.01 percent of Profit After Tax (PAT)

Three PSUs pay Rs 952 cr dividend to Central govt

Three PSUs paid a total of Rs 952 crore as dividend to the Central government, said the Department of Investment and Public Asset Management (DIPAM)

IDBI Bank privatisation: LIC to recover its investment by time of sale

New Delhi: State-owned insurance company LIC is expected to recover its Rs 21,624-crore investment it had made in IDBI Bank as share prices are...

Govt gets Rs 1,203 cr dividend from 5 CPSEs

Govt received about Rs 604 crore, Rs 450 crore and Rs 37 crore from SAIL, HUDCO and IREL as dividend tranches, DIPAM said

CEL privatisation: Govt disqualifies bidder, terminates transaction officially

The government has disqualified the successful bidder chosen for the strategic disinvestment of CEL and has terminated the CEL privatisation process officially

Govt kickstarts sale process of 2 subsidiaries of Air India

The government has initiated the process of privatising two subsidiaries, AIASL and AIESL of erstwhile national carrier Air India, said an official

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