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Several EoIs received for BPCL sale, giants RIL, Aramco, BP not in race

Several EoIs received for BPCL sale, giants RIL, Aramco, BP not in race

🕔07:10, 17.Nov 2020

New Delhi, Nov 17  The much-anticipated privatisation process of the Bharat Petroleum Corporation Ltd (BPCL) completed its first phase on Monday with several suitors submitting Expressions of Interest (EoIs). However, sources said that major energy giants including Reliance Industries, Saudi

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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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MTNL plans to sell assets in Mumbai through DIPAM

MTNL plans to sell assets in Mumbai through DIPAM

🕔18:30, 19.Sep 2020

New Delhi, Sep 19  State-run telecom operator MTNL has submitted a set of assets for monetisation through the framework of the Department of Investment and Public Asset Management (DIPAM), which comes under the Finance Ministry. The assets proposed for sale

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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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DIPAM writes to power ministry to explore NTPC-SJVN merger

DIPAM writes to power ministry to explore NTPC-SJVN merger

🕔07:23, 19.Jul 2019

New Delhi, July 19  The government’s sell-off department DIPAM has written to the power ministry to explore the possibility of a big-ticket merger and acquisition of NTPC and SJVN, similar to the one between oil marketing PSUs ONGC and HPCL

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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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