Page 4 - Dipam

No caste-based job reservation in PSBs after disinvestment: Report

This move, however, will not impact employees who have affirmative action benefits.

Top headlines: Auto-debit payments, steel firms' stocks surge, and more

Here are the top business headlines on Wednesday morning

BPCL disinvestment process moving on well, to conclude by Sep-end: DIPAM

The government is selling its entire 52.98 per cent stake in BPCL in the nation's biggest privatisation till date

Fast-track admin processes to meet divestment target: Parliamentary panel

The panel said it is "concerned" that meeting divestment target is pivotal to the Budget

Govt's 16.12% share sale in Tata Comm gets 'great response' on day 1

The government's share sale of 16.12 per cent stake in Tata Communications Ltd received "great response" from institutional investors, DIPAM Secretary Tuhin Kanta Pandey said on Tuesday.

NITI Aayog submits first list of about 12 PSUs for privatisation

Banks, insurers part of the list as process kicks off

New dividend policy to ensure consistent reward to shareholders: DIPAM secy

The government has brought in a new policy for the public sector companies

Dipam readies ground for monetisation of assets, seeks list from ministries

Seeks list of potential assets from ministries, govt departments, PSUs

DIPAM, Niti Aayog officials to brainstorm on CPSE asset monetisation

The discussions are scheduled to take place on Tuesday

BEML surges 13% as report suggests Tata, Mahindra eyeing stake in firm

The board approved the appointment of M/s Deloitte Haskins & Sells LPP, as Consultant for advising, undertaking and implementing demerger of non-core assets of BEML

Shipping Corp surges 19% as govt gets multiple bids for privatisation

DIPAM, in December, had invited EoI for strategic disinvestment of its entire stake of 63.75 per cent in Shipping Corp of India

Pawan Hans privatisation received multiple preliminary bids: Dipam secy

The government has received multiple preliminary bids for strategic sale of Pawan Hans, DIPAM Secretary Tuhin Kanta Pandey said on Thursday.

Govt is targeting to conclude BPCL privatisation in Q1FY22: DIPAM Secretary

The government has recei­ved three preliminary bids to buy controlling stake in the country's second-largest fuel retailer

Top headlines: Budget leaves investors richer, RIL-Future deal hits hurdle

Amazon founder Jeff Bezos will step down as the chief executive officer in the third quarter of 2021, the company said on Wednesday. Read top news with Business Standard

Govt will reserve up to 10% in LIC's IPO for policyholders: DIPAM Secretary

Provisions have been added in the LIC Act to provide some reservation to policyholders as shareholders, said DIPAM secretary Tuhin Kanta Pandey

DoT, Dipam lock horns over real estate asset valuation of BSNL-MTNL

It is learnt that the valuation done by the two companies is much higher than the one arrived at by the transaction advisors

PSU privatisation: Govt to amend security clearance policy for investors

The changes are being proposed to obviate situations when a highest bidder fails the security clearance in the case of investment from China or other bordering nations on grounds of national security

State-owned NALCO to buy back Rs 749-crore shares, says DIPAM secy

State-owned NALCO will buy back Rs 749 crore worth of shares, DIPAM Secretary Tuhin Kanta Pandey said on Thursday.

Finance ministry holds meeting to discuss roadmap for asset monetisation

Department of Investment and Public Asset Management (DIPAM) had signed an agreement with World Bank, in November 2020, to provide advisory services to the government for asset monetization

IRFC IPO to open on January 18; firm looks to raise Rs 4,600 crore

The issue consists of a fresh issue of up to 118.80 crore shares and offer for sale of up to 59.40 crore shares by the government