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"dipam"

  • Govt gets financial bids for IDBI Bank strategic sale: DIPAM Secretary

    The privatisation of IDBI Bank has been stalled for over three years, after the government and LIC invited expressions of interest in October 2022 to sell a combined 60.72 per cent stake
  • Privatisation of Vizag steel plant illegal, not in public interest: EAS Sarma

    Visakhapatnam: Former Union Secretary EAS Sarma has urged the Department of Investment and Public Asset Management (DIPAM) and the Steel Ministry to review the proposal of privatisation of RINL-Visakhapatnam steel plant as it was neither legal nor in public interest. In a letter addressed to Secretary of DIPAM T.K. Pandey and Secretary-Union Ministry of steel […]
  • Atanu Chakraborty appointed as part-time chairman of HDFC

    Chakraborty, a 1985 batch IAS officer of Gujarat cadre, retired as Secretary of Department of Economic Affairs in April 2020
  • Govt may consider privatising insurance firms

    To further strengthen their financial health, the government is expected to infuse Rs 3,000 crore in the public sector general insurance companies during the current quarter
  • Consolidation in public sector oil firms may be back on table in FY22

    Petroleum had been included in the strategic sector as it ensures energy security for the country.
  • Budget to announce policy on PSU privatisation

    Finance Minister Nirmala Sitharaman had announced that a new policy on PSU privatisation will be announced whereby a list of strategic sectors requiring presence of PSEs in public interest will be notified.
  • Govt extends bid deadline for Pawan Hans by a month to Feb 18

    In 2019, a second attempt was made to sell Pawan Hans but the sale process failed to receive investor response.
  • Govt invites bids for stake sale in BEML

    Govt has issued the PIM/EOI for disinvestment of 26 per cent equity share capital of BEML Ltd along with transfer of management control
  • Govt invites bids to sell 63.75 pc stake in Shipping Corp

    At the current market price, the government's stake sale in Shipping Corp is valued at about Rs 2,500 crore
  • DIPAM to appoint consultant for divestments

    Experience in government accounting, government financial procedures and office procedures is desirable
  • Finance Ministry invites bids from actuarial firms for valuing LIC

    The government plans to sell minority stake in the insurance behemoth and list it on the bourses
  • AISAM to take decision on Air India divestment on Saturday

    The meeting of the AISAM (Air India Specific Alternative Mechanism), headed by Home Minister Amit Shah, will be conducted via video conferencing

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