Dipam

The government on March 17, 2023, said the disinvestment of IDBI Bank is on track as per the defined strategic sale process. The government on Friday said the disinvestment of IDBI Bank is on track as per the defined strategic sale…

NEW DELHI: The government on Friday said the disinvestment of IDBI Bank is on track as per the defined strategic sale process.Debunking media reports which indicated a possibility of deferment of IDBI Bank disinvestment, the Department of…

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The government currently owns a 45.48 per cent stake in IDBI Bank, while LIC owns 49.24 per cent controlling stake in the lender.The DIPAM statement comes after media reports said that the Union government may defer the $4-billion IDBI Bank…

Last Updated: February 02, 2023, 19:07 ISTThe government currently holds a 29.54 per cent stake in Hindustan Zinc or HZL, and it sold 26 per cent of HZL to the mining billionaire Anil Agarwal-led group in 2002.Revised target includes all…

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Tribune News Service New Delhi, December 9The government hopes to meet the disinvestment target of Rs 65,000 crore for the current fiscal, Department…

NEW DELHI: The Centre has already raised Rs 62,000 crore as divestment receipts, including Rs 32,000 crore as dividend from state-run companies, a top finance ministry official said on Friday and asserted that a number of privatisation…

Punjab National Bank Share Price: Shares of Punjab National Bank (PNB) scaled a fresh 52-week high in early trade on November 25, after the lender announced that it has received the Government of India’s approval for a stake sale in UTI…

The government should focus on privatisation of state-owned companies instead of chasing high divestment targets, said DIPAM Secretary Tuhin Kanta Pandey, according to Reuters. He added that high targets lead to a perception that the…