DIPAM

Merchant bankers appointed for OFS in LIC and other financial institutions

The merchant bankers and legal advisers have been appointed for three years to undertake minority stakes sales at opportune times…

August 2, 2025 07:23 IST

IDBI Bank, BFSI, banking, LIC, Reserve Bank of India, Securities and Exchange Board of India

IDBI Bank sale by March, financial bids in Q3

IDBI Bank’s strategic sale is on track, with financial bids expected by December and completion by March. The government and…

August 1, 2025 23:18 IST

Ultratech, Securities and Exchange Board of India, SEBI, DIPAM, CPSE

SEBI chair chief guest at FE CFO Awards

SEBI chairman Tuhin Kanta Pandey to be chief guest at FE CFO Awards 2024 in Mumbai. The event will honour…

June 20, 2025 06:10 IST

central public sector enterprises, CPSE, ETF, Indian Corporate Law Service, ICLS

A quiet doer gets her due

The first woman to hold the post played a role in Air India sale, added vigour to enforcement.

April 19, 2025 06:02 IST

Coal India to float 25% stakes in BCCL, CMPDI this fiscal year. (Image source: Linkedin)

Coal India to list 25% each of arms BCCL, CMPDI this fiscal

Coal India plans to launch initial public offerings (IPOs) for its wholly owned subsidiaries, Bharat Coking Coal Limited (BCCL) and…

April 7, 2025 19:19 IST

Market, IPO, initial public offerings, QIPs, qualified institutional placements, Department of Investment and Public Asset Management, DIPAM

Market correction may force firms to rework IPO plans

Market correction may lead IPO-bound companies to adjust plans. Confidential filings, sector challenges, and government divestments impact fundraising activities.

March 20, 2025 22:09 IST

Financial bids, IDBI Bank, banking, banks, Reserve Bank of India, RBI, shares

Financial bids for IDBI Bank by June

The government is expecting to get some premium over the current market price of IDBI Bank given the bank’s splendid…

March 12, 2025 22:38 IST

Major Reshuffle ahead of Budget 2025: Tuhin Kanta Pandey appointed as new Revenue Secretary, Arunish Chawla to lead DIPAM

Chawla, a 1992-batch IAS officer of the Bihar cadre, was appointed revenue secretary on December 25 last year.

Updated: January 9, 2025 09:14 IST

‘Stake sales pared, govt more an investor now’

The strategic sale of IDBI Bank is expected to go through in the current financial year, Pandey added. Excerpts.

Updated: July 25, 2024 10:40 IST

No plans to sell SUUTI stake in ITC, says DIPAM Secretary Tuhin Kanta Pandey

As on December 31, 2023, Specified Undertaking of Unit Trust of India (SUUTI) held around 7.82 per cent stake in…

Updated: March 13, 2024 15:40 IST

Govt extends bid submission deadline till January 7 for IDBI Bank sale

Following that transaction advisors received requests for an extension of the deadline.

Updated: December 14, 2022 13:06 IST

Govt may invite financial bids for Shipping Corporation sale in March quarter

“The demerger of non-core and land assets of Shipping Corporation is at an advanced stage. The process is expected to…

Updated: August 30, 2022 12:40 IST

LIC, which has played the White Knight for the government’s disinvestment programme in the past, invested over Rs 21,000 crore to acquire majority stake in the ailing IDBI Bank in FY19.

Public sector enterprises barred from bidding for siblings

Dipam says useful productive assets to remain locked if such deals are allowed

April 22, 2022 06:15 IST

Department-of-Investment-and-Public-Asset-Management-

House panel asks DIPAM to publish report on managing public assets

The Parliamentary panel chaired by BJP member Jayant Sinha, in its report tabled in Parliament on Tuesday, said disinvestment target…

March 23, 2022 05:40 IST

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Infosys Buyback 2025 record date: Eligibility, ‘How to Apply’ & tax impact explained

Market50 min ago

Infosys, India’s second largest IT company, has announced a record-breaking Rs 18,000 crore share buyback on September 12. The buyback is scheduled for November 14 and shareholders must have the shares in their account on this date to be eligible. Here’s a guide on the procedure and tax implications for investors.

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