Page 9 - Dipam

BPCL stake sale: Deloitte quotes Re 1 as its disinvestment advisory fee

The government has set a 50-day timeline for asset valuation to happen in BPCL, as it wants to complete the process before March 31, 2020

PSU disinvestment: DIPAM to hire advisors for sale of govt stake in CPSEs

The advisors would also help certain CPSEs to sell minority stake keeping in mind the current corporate laws, Sebi regulations, sectoral policy, and domestic as well as international market conditions

Dipam keeps ball rolling for stake sale in Bharat Petroleum and others

Even after six months of the current financial year, the government has been able to achieve only 12 per cent of its disinvestment target of Rs 1.05 trillion

As many as 11 IPOs in the pipeline, says Dipam's Dheeraj Bhatnagar

The Centre has set itself a target of raising Rs 1.05 trillion by way of disinvestment, in FY20

Top 10 biz headlines: Slabs for direct tax, BSNL asset sale, and more

From Direct tax code panel seeking 4 slabs to RBI rejecting Sebi's plan for rating agencies, here are the top business headlines on Tuesday

Govt unlikely to take DIPAM route for cash-strapped BSNL asset sale

The fastest way to revive telco is by way of asset monetization

Letter to BS: Proposal to arm Dipam for disinvestment is a welcome move

It is often said that the government has no business to be in business but it has merely remained a statement till now

Streamlining disinvestment

Govt should go beyond making administrative changes

Govt scraps plans for PSB ETF launch this year as banks busy with mergers

No clarity yet on which banks' shares will make up ETF basket till the mergers

New proposal in works to give Dipam more power to carry out privatisation

Cabinet to discuss plan on strategic sale policy soon

Divestment: Questions still remain on privatisation and asset monetisation

While DIPAM can still meet or come close to the divestment target of Rs 1.05 trillion, it may not be on the back of strategic sales or asset monetisation

Modi govt exploring opportunities for more mergers in energy: Dipam secy

FM Sitharaman said strategic disinvestment of select central PSUs would remain priority for this government

DIPAM to set up asset-monetisation cell to hasten sale of CPSE assets

So far this fi]nancial year, the government has raised over Rs 56,473 crore by divesting stakes in state-owned companies

Govt to start selling non-core assets of state-owned firms from April

The government will start the process to sell non-core assets of state-owned companies, which have been identified for strategic disinvestment, next fiscal, an official said. The Cabinet has already approved strategic sale of about 2 dozen central public sector enterprises (CPSEs), including Air India, Dredging Corporation of India, and Bharat Earth Movers Ltd, for strategic sale. Out of this, the DIPAM has already identified 9 CPSEs for sale of land and other assets before they are put on the block for strategic sale. These include Scooters India, Air India, Bharat Pumps & Compressors Ltd, Project & Development India (PDIL), Hindustan Prefab, Hindustan Newsprint Ltd, Bridge and Roof Co and Hindustan Fluorocarbons. The Department of Investment and Public Asset Management (DIPAM) has been drafting an asset monetisation framework, which will lay down the procedures for the administrative ministries to follow in selling off CPSE assets. "Asset monetisation framework will see the .

DIPAM plans to mop-up Rs 25,000 cr in April-Sept

Merchant bankers are already said to have been appointed for IRCTC, IRCON and IRFC

DoD gets a fancy name but wings clipped

Dipam made secretariat of NITI Aayog for strategic sale