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PSU asset monetisation

RSS-affiliated BMS to hold nationwide protests against PSU privatisation on Oct 28

The BMS, an affiliate of RSS, is set to hold nationwide protests on October 28 to demand a stop to the Centre’s policies of disinvestment and privatisation of PSUs

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

The Ministry of Finance will approach the Cabinet soon to seek a nod for the setting up of an SPV for transfer and monetisation of non-core, land assets of privatisation-bound PSUs

Niti Aayog seeks to empanel TA for PSU asset, pipeline monetisation & disinvestment

Niti Aayog is seeking to empanel transaction adviser for core PSU asset monetisation and disinvestment and has floated an RFP in this regard

PSU asset monetisation will create paradigm shift in infra augmentation: Sitharaman

Finance Minister Nirmala Sitharaman said that the PSU asset monetisation plan is aimed at creating a paradigm shift in infrastructure augmentation and maintenance

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

The government has introduced a new ‘consistent dividend policy’ under which PSUs have to pay between two to four interim dividends in a financial year, said the DIPAM Secretary

BEML appoints Deloitte for demerger of non-core assets ahead of disinvestment

BEML Limited has appointed Deloitte Haskins & Sells LPP for the demerger of non-core assets ahead of disinvestment

PSU privatisation: Going ahead with mantra of ‘Privatise, Monetise & Modernise,’ says PM

Commenting on provisions made by the for PSU privatisation, PM Modi has said that the government is going ahead with the mantra of ‘Privatise, Monetise & Modernise’ PSUs

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

DIPAM Secretary Tuhin Kanta Pandey said that the policy will pave the way for private sector entities to partake in India’s growth story by buying the brownfield assets of PSUs

DIPAM Alternative Mechanism has approved monetisation of 11 BSNL, 6 MTNL assets

The Alternative Mechanism of the DIPAM has approved the monetisation of 11 assets of BSNL and six assets of MTNL under Phase I

Indian Oil may look at InvIT model for monetisation of pipelines: Director Finance

Indian Oil’s Director (Finance) Sandeep Kumar Gupta has said that the company may look at the InvIT model for the monetisation of its pipelines

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