Business Standard

Page 7 - Dipam

New proposal in works to give Dipam more power to carry out privatisation

Cabinet to discuss plan on strategic sale policy soon

New proposal in works to give Dipam more power to carry out privatisation
Updated On : 17 Sep 2019 | 11:22 PM IST

Divestment: Questions still remain on privatisation and asset monetisation

While DIPAM can still meet or come close to the divestment target of Rs 1.05 trillion, it may not be on the back of strategic sales or asset monetisation

Divestment: Questions still remain on privatisation and asset monetisation
Updated On : 24 Jul 2019 | 2:44 PM IST

Modi govt exploring opportunities for more mergers in energy: Dipam secy

FM Sitharaman said strategic disinvestment of select central PSUs would remain priority for this government

Modi govt exploring opportunities for more mergers in energy: Dipam secy
Updated On : 07 Jul 2019 | 12:06 AM IST

DIPAM to set up asset-monetisation cell to hasten sale of CPSE assets

So far this fi]nancial year, the government has raised over Rs 56,473 crore by divesting stakes in state-owned companies

DIPAM to set up asset-monetisation cell to hasten sale of CPSE assets
Updated On : 04 Mar 2019 | 5:14 PM IST

Govt to start selling non-core assets of state-owned firms from April

The government will start the process to sell non-core assets of state-owned companies, which have been identified for strategic disinvestment, next fiscal, an official said. The Cabinet has already approved strategic sale of about 2 dozen central public sector enterprises (CPSEs), including Air India, Dredging Corporation of India, and Bharat Earth Movers Ltd, for strategic sale. Out of this, the DIPAM has already identified 9 CPSEs for sale of land and other assets before they are put on the block for strategic sale. These include Scooters India, Air India, Bharat Pumps & Compressors Ltd, Project & Development India (PDIL), Hindustan Prefab, Hindustan Newsprint Ltd, Bridge and Roof Co and Hindustan Fluorocarbons. The Department of Investment and Public Asset Management (DIPAM) has been drafting an asset monetisation framework, which will lay down the procedures for the administrative ministries to follow in selling off CPSE assets. "Asset monetisation framework will see the .

Govt to start selling non-core assets of state-owned firms from April
Updated On : 04 Feb 2019 | 4:04 PM IST

DIPAM plans to mop-up Rs 25,000 cr in April-Sept

Merchant bankers are already said to have been appointed for IRCTC, IRCON and IRFC

DIPAM plans to mop-up Rs 25,000 cr in April-Sept
Updated On : 27 Jun 2017 | 1:28 AM IST

DoD gets a fancy name but wings clipped

Dipam made secretariat of NITI Aayog for strategic sale

DoD gets a fancy name but wings clipped
Updated On : 02 Mar 2016 | 1:37 AM IST