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Department of Investment and Public Asset Management

IDBI Bank privatisation: Govt to soon invite bids, says DIPAM Secretary

IDBI Bank privatisation: Govt to soon invite bids, says DIPAM Secretary

Wed, Sep 14, 2022

The RBI in March 2021 removed IDBI Bank from its enhanced regulatory supervision PCA framework after nearly four years on improved financial performance.

Exclusive: Government forms inter-ministerial group for RVNL stake sale

Exclusive: Government forms inter-ministerial group for RVNL stake sale

Fri, Sep 04, 2020

The other members of the IMG are member engineering, railway board; financial commissioner, railway board; financial adviser, DIPAM; Executive Director of PSU under ministry of railways. Besides these, officials of legal affairs department, public enterprises department, economic affairs department and corporate affairs department are also the part of this IMG.

Air India sale expected in first half of next fiscal: DIPAM Sec Tuhin Kanta Pandey

Air India sale expected in first half of next fiscal: DIPAM Sec Tuhin Kanta Pandey

Fri, Feb 14, 2020

Government expects to complete sale of national carrier Air India in the first half of the next fiscal, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said on Friday

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Cabinet approves mechanism for strategic disinvestment

Cabinet approves mechanism for strategic disinvestment

Wed, Aug 16, 2017

To speed up the process of completion of strategic disinvestment transactions, Prime Minister Narendra Modi-led Cabinet approved an Alternative Mechanism.

CPSE IPOs within 22 weeks of govt nod

CPSE IPOs within 22 weeks of govt nod

Sun, Feb 19, 2017

Within two weeks of the Budget announcement of listing all profitable central public sector enterprises, the Department of Investment and Public Asset Management (DIPAM) has issued guidelines detailing the mechanism and procedure for time-bound listing of CPSEs on Stock Exchanges.

Government plans strategic sale of 3 public sector units, merger of 4

Government plans strategic sale of 3 public sector units, merger of 4

Fri, Feb 03, 2017

The Government of India is planning to exit its holding in three public sector units- Bharat Pumps & Compressors (BPCL), Bridge & Roof Co and Hindustan Fluorocarbons -- by selling its stake to strategic buyers.

Government's CPSE ETF receives bids of approximately Rs 12,000 crore

Government's CPSE ETF receives bids of approximately Rs 12,000 crore

Fri, Jan 20, 2017

The further fund offer (FFO) of CPSE has received bids of approximately Rs 12,000 crore over two and half times the base issue size of Rs 4,500 crore.

Government on course to achieve FY17 disinvestment target: Official

Government on course to achieve FY17 disinvestment target: Official

Wed, Jan 11, 2017

The Government has already garnered Rs 23,500 crore by divesting its stakes in public sector units (PSUs) so far in the current fiscal and is hopeful of achieving the fiscal 2016-17 (FY17) disinvestment target of Rs 56,500 crore, a Finance Ministry official said on Wednesday.

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