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Total 306 results found. Search for [ Department of Investment and Public Asset Management ]

Results 1 to 21 of 306
BusinessToday.In
January 15, 2021
Raghuram Rajan said prioritising spending is important as it would help the government focus on what is essential, such as relief to poor households and small businesses


BusinessToday.In
January 14, 2021
SPMCIL paid a dividend of Rs 215.48 crore to the government, which amounts to 5 per cent of net worth of the company as of March 31, 2020, and 41 per cent of profit after tax for FY20


PTI
January 12, 2021
In a stock exchange filing, the company said its board will meet on January 15 to consider share buyback as also payment of interim dividend for the fiscal year ending March 2021


Reuters
January 6, 2021
The move is aimed at curbing the threat to Americans posed by Chinese software applications, which have large user bases and access to sensitive data


BusinessToday.In
January 3, 2021
Centre has appointed SBI Capital Markets as its Transaction Advisor to advise and manage the strategic disinvestment process; bids will have to be submitted by March 1


BusinessToday.In
December 29, 2020
BEML share gained 3.87%  to Rs 1,014.40  against previous close of Rs 976.60 on BSE. The stock has gained 2.17% in one year and risen 1.07% since the beginning of this year


BusinessToday.In
December 29, 2020
Chakraborty's name was sent for the RBI's nod on December 28; he was appointed as the Secretary of Department of Economic Affairs in May 2019


PTI
December 27, 2020
The Department of Investment and Public Asset Management (DIPAM), which manages government stake sale programmes, had kicked off the privatisation drive inviting preliminary bids for debt-laden Air India in January


PTI
December 27, 2020
While Air India disinvestment is not likley to conclude by March 2021, the BPCL deal, coupled with privatisation of Shipping Corporation and CONCOR can push disinvestment proceeds to close to Rs 80,000 crore this fiscal.


Reuters
December 21, 2020
The government, which is trying to rein in its fiscal deficit, wants state-run firms to focus on improving market capitalisation and dividend payouts from the 2021/22 fiscal year


BusinessToday.In
December 21, 2020
Shipping Corp share hit a fresh 52-week high of Rs 92.7 rising 7.10% against previous close of Rs 86.55 on BSE


BusinessToday.In
December 20, 2020
Government plans to sell entire 63.75 per cent stake in Shipping Corporation along with transfer of management control


PTI
December 20, 2020
The Department of Investment and Public Asset Management (DIPAM) is working towards concluding the sale in the current financial year as there is good investor interest and the transaction size is not big


BusinessToday.In
December 16, 2020
Vedanta had put forward preliminary EoI for buying a 52.98 per cent stake in BPCL in November; govt's high-powered committee evaluates bids from Vedanta and other two private equity firms, Apollo Global and Think Gas


Manu Kaushik
December 15, 2020
Air India presently has third-largest (9.4 per cent) traffic share in the domestic markets. Tata Group-owned airlines - AirAsia India and Vistara - were fifth and sixth largest with 7.1 per cent and 6.4 per cent market share, respectively


PTI
December 15, 2020
On Tuesday, the panel will see transaction advisor Deloitte's report on the scrutiny of the three bids that were received at the close of bidding last month


PTI
December 14, 2020
The government is selling its entire 100 per cent stake in Air India that has been in losses ever since its 2007 merger with domestic operator Indian Airlines


PTI
December 10, 2020
While the government has not extended the deadline for EoIs (Expressions of Interest) for the national carrier, the interested entities are required to submit the physical bids within 15 days from December 14


BusinessToday.In
December 10, 2020
IRCTC stock opened with a loss of 13.17% at Rs 1,405 against previous close of Rs 1,618 today. The stock has fallen 11% in last 3 days


Dipak Mondal
December 8, 2020
The information memorandum says that in the event of employee reduction, the successful bidder should, for a period of one year must ensure that the company offer its employees voluntary retirement on terms no less favourable than what the Department of Public Enterprises offers


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