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Total 307 results found. Search for [ Department of Investment and Public Asset Management ]

Results 20 to 40 of 307
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


BusinessToday.In
December 2, 2020
Mining giant Vedanta had on November 18 confirmed putting an expression of interest (EoI) to buy out the government's 52.98% stake in the Bharat Petroleum Corporation Ltd (BPCL)


Dipak Mondal
New Delhi, November 25, 2020
The pandemic had put the brakes on the government's ambitious disinvestment plans for the fiscal. However, things have started picking up as businesses go back to normal and markets regain their appetite for buying assets. DIPAM Secretary Tuhin Kanta Pandey lays down the road ahead for the department


Dipak Mondal
November 19, 2020
The government is massively behind its overall disinvestment target of Rs 2.1 lakh crore in the current financial year


BusinessToday.In
November 18, 2020
Centre has received multiple EOIs for stake sale in BPCL, though names have not been made public. Biggest oil companies, including Mukesh Ambani's RIL, Saudi Aramco, BP, and Total, have, however, not shown interest in the state-owned oil firm


BusinessToday.In
November 16, 2020
In its request for proposal, Department of Investment and Public Asset Management stated that LIC needs an Indian Embedded Value (IEV) reporting framework for the necessary disclosures for its proposed IPO


PTI
November 16, 2020
Reliance Industries, which was considered a potential bidder as BPCL would have added 22 per cent fuel market share to its fledgling retail business and made it the nation's number one oil refiner, did not put in an expression of interest


BusinessToday.In
November 16, 2020
The asking price of close to $10 billion by the government for selling its entire 52.98 per cent stake may keep the energy giants away from bidding for a majority stake in the second largest oil refinery and marketing company in India


BusinessToday.In
November 15, 2020
The government, which is exiting BPCL by selling its entire 52.98 per cent stake, has already extended the date of putting in the preliminary expression of interest (EoI) on four occasions


BusinessToday.In
November 14, 2020
The Centre told the (state-owned) firms not to go by the rulebook in paying the bare minimum dividend but to strive to give out more dividends


BusinessToday.In
October 26, 2020
A preliminary meeting would be held at NITI Aayog on Monday to identify more companies. The meeting would be held to assess which companies and assets are non-strategic in nature and can be pushed for sale in the next round


PTI
October 25, 2020
DIPAM Secretary Tuhin Kanta Pandey said the pre-IPO work of LIC is going on at four stages -- appointment of advisors for ensuring compliance, legislative amendment, LIC's internal software changes to come out with its 'embedded value' and appointing an actuary for vetting LIC's actuarial valuation


Nevin John
October 23, 2020
The government plans to conclude the bidding process in four major PSUs -- BPCL, Shipping Corporation (SCI), Container Corporation (Concor) and BEML -- by November last as the stock market is heading to break above pre-Covid levels


Nirbhay Kumar
October 23, 2020
The meeting is crucial given that no private investor has so far shown keen interest in acquiring the debt-laden carrier forcing the government to extend bidding date thrice


BusinessToday.In
September 30, 2020
BPCL stock price trades lower than 5, 20, 50, 100 and 200-day moving averages. Firm's market capitalisation stood at Rs 83,451 crore as of today's session


BusinessToday.In
September 30, 2020
In view of further requests received from the interested bidders and the prevailing situation arising out of COVID-19 pandemic, the last date for submission of EoIs is further extended, said BPCL


BusinessToday.In
September 15, 2020
The much-awaited IPO is expected to lag on account of a growing realisation in the government and LIC that the designation of an asset valuer is still pending


BusinessToday.In
September 8, 2020
The government, which currently holds 87.40 per cent stake in IRCTC, has to bring down its shareholding in the company to 75 per cent to meet Sebi's public holding norm


PTI
September 6, 2020
The government is selling its entire 52.98 per cent stake in India's second-largest fuel retailer and third-biggest oil refiner


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