IDBI Bank divestment on track: Govt
The central government and LIC together plan to sell 60.72% of shares in IDBI Bank.
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March 2023
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November 2021
Long Vision Budget
In spite of Lok Sabha elections next year, government steers clear of short-term populist measures and focuses on strengthening the economy.
IDBI Bank stock zooms 11%; here’s why
The Centre has invited EoI to kickstart the IDBI Bank sale process, and both govt and LIC aim to divest a little over 30% stake each in the bank.
Govt puts on hold privatisation of Central Electronics
The sale of Central Electronics Limited was approved to Nandal Finance worth ₹210 crore in November last year.
IDBI Bank to be privatised soon: DIPAM Secy
Tuhin Kanta Pandey says the Centre is preparing an expression of interest, following which preliminary bids will be invited from investors.
Will SEBI act against listing norm violators?
Over two dozen government companies flouting rule on minimum public shareholding norms
Multiple bids received for FSNL disinvestment: DIPAM
The central government is looking to divest its entire stake in FSNL and transfer management control through the disinvestment process.
Centre running out of PSU equity, only ₹2 lakh crore worth left to monetise: Dipam Secy
The value excludes the government stake in public sector banks where stake sale has not begun yet.
Road, power in ₹26,000 cr worth asset monetisation in FY22: Dipam Secy
The monetisation agenda has been led by the roads sector, followed by power and mining.
Time for Pawan Hans, Shipping Corp, BEML sale: DIPAM Secretary
India needs to double capital expenditure on a medium-term basis, says Secretary, Department of Economic Affairs.
