Latest News on Dipam
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Dipam - Total results - 19
Mar 01, 2019
Cabinet clears procedure, mechanism to monetise enemy properties, CPSE's non-core assetsThe institutional framework for monetisation of the assets could also be used by other CPSEs, PSUs, government organisations and loss-making or sick CPSEs.
Feb 06, 2019
Prime Minister's Office holds meeting to speed up strategic sale of PSUs identified by Niti AayogNiti Aayog has identified 35 PSUs, including Air India, Air India's subsidiary AIATSL, Dredging Corporation, BEML and Scooters India for strategic sale.
Nov 23, 2018
Oil India to buy back 4.45% shares for Rs 1,085 crore; govt eyes minimum Rs 5,000 crore via PSUs’ stock repurchase offersThe government is targeting a minimum Rs 5,000 crore through share buyback offers of state-owned firms like Coal India and BHEL.
Nov 11, 2018
Disinvestment department to frame guidelines for sale of over 6.50 cr 'enemy shares' in 996 companiesEnemy property refers to the assets which were left behind by people who migrated to Pakistan or China and are no longer citizens of India
Sep 07, 2018
Finance ministry shortlists 11 CPSEs for share buyback in the ongoing financial yearAs per the guidelines, CPSEs having net worth of at least Rs 2,000 crore and cash and bank balance of above Rs 1,000 crore have to mandatorily go in for share buyback.
Aug 21, 2018
Centre asks ONGC to list overseas investment arm OVL on bourses to help achieve govt disinvestment targetONGC had helped the government meet its disinvestment target last fiscal when it bought a 51.11 percent stake in state-owned Hindustan Petroleum Corp Ltd (HPCL) for Rs 36,915 crore
Aug 06, 2018
Pawan Hans disinvestment: ONGC board clears the deck for stake sale; govt expected to seek fresh bids shortlyOfficials said ONGC is of the view that its investment in Pawan Hans is no longer strategic as it charter hires helicopters to ferry staff to its oil and gas locations, mostly offshore, through competitive bidding.
Apr 20, 2018
Air India disinvestment: PE, VC funds can bid for national carrier, 'not looking only for an airline to takeover', says govtThe government has "received lot of queries from airlines and non-airlines" for proposed divestment of Air India
Apr 12, 2018
Disinvestment push: Govt to list NEEPCO, MSTC, invites bids from merchant bankersThe government plans to raise Rs 80,000 crore this fiscal through PSU disinvestment, as against over Rs 1 lakh crore in the previous fiscal
Mar 29, 2018
Disinvestment receipts exceed Rs 1 lakh cr in current fiscal says finance minister Arun JaitleyThe government had set a revised target of Rs 1 lakh crore from PSU disinvestment, which was higher than the budget estimate of Rs 72,500 crore