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Tag "Department of Investment and Public Asset Management"

Centre begins asset monetisation of BSNL, MTNL

Centre begins asset monetisation of BSNL, MTNL

🕔17:07, 20.Nov 2021

New Delhi, Nov 20 (IANS) The Centre has begun the non-core asset monetisation of telecos — BSNL and MTNL. Accordingly, DIPAM (Department of Investment and Public Asset Management) has begun auction of BSNL and MTNL assets. The monetisation commenced with the

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Over dozen PSUs on the block after Air India privatisation

Over dozen PSUs on the block after Air India privatisation

🕔17:10, 10.Oct 2021

New Delhi, Oct 10  The government’s final move to privatise the national carrier Air India has given a fresh lease of life to its strategic disinvestment plan. The Department of Investment and Public Asset Management (DIPAM), which oversees the disinvestment

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‘Monetise & modernise’ is our motto: PM on disinvestment

‘Monetise & modernise’ is our motto: PM on disinvestment

🕔21:33, 24.Feb 2021

New Delhi, Feb 24 (IANS) Reiterating the government’s commitment towards privatisation of PSUs and asset monetisation, Prime Minister Narendra Modi on Wednesday said that the motto of his government is to “monetise and modernise”. Addressing a webinar on the Budget announcements

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RailTel IPO subscribed more than 42 times

RailTel IPO subscribed more than 42 times

🕔07:30, 19.Feb 2021

New Delhi, Feb 19  The initial public offering (IPO) of RailTel has been subscribed more than 42 times as the offer ended on Thursday. The IPO opened on Tuesday, February 16. Taking to Twitter, Secretary, Department of Investment and Public

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Govt calls for presentation by merchant bankers for Tata Comm OFS on Tuesday

Govt calls for presentation by merchant bankers for Tata Comm OFS on Tuesday

🕔14:08, 8.Feb 2021

New Delhi, Feb 8  The Department of Investment and Public Asset Management (DIPAM) has called on the interested merchant banks to make presentations on Tuesday for the selection of a merchant banker-cum-selling broker for disinvestment of the government’s entire shareholding

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World Bank to advise DIPAM on asset monetisation

World Bank to advise DIPAM on asset monetisation

🕔07:07, 17.Nov 2020

New Delhi, Nov 17  The Department of Investment and Public Asset Management (DIPAM) on Monday signed an agreement with the World Bank to get advisory services for its asset monetisation plan. Disinvestment department DIPAM is mandated with facilitating monetisation of

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BPCL bids allowed electronically to prevent further delays

BPCL bids allowed electronically to prevent further delays

🕔15:31, 7.Nov 2020

New Delhi, Nov 7  The Centre has allowed bidders of privatisation-bound PSU refiner Bharat Petroleum Corporation Ltd. (BPCL) to submit their interest for the company electronically through e-mail to prevent restrictions imposed due to Covid-19 from impacting the sell-off process.

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Air India qualified bidder list likely in FY20: DIPAM Secy

Air India qualified bidder list likely in FY20: DIPAM Secy

🕔07:00, 29.Jan 2020

New Delhi, Jan 29  The Department of Investment and Public Asset Management (DIPAM) is likely to finalise the list of qualified bidders for Air India in the current fiscal and is confident of participation of overseas and Indian companies in

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Air India’s March EoI move got no response: DIPAM

Air India’s March EoI move got no response: DIPAM

🕔07:08, 15.May 2019

New Delhi, May 15  The government may be keen on divesting its stake in Air India and its subsidiaries in the current financial year (FY20), but the expressions of interest (EoIs) sought for the carrier towards the end of FY19

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