Department of Investment and Public Asset Management

Work to monetise Alliance Air, 3 other Air India subsidiaries to start now: DIPAM Secy

The deal, which is expected to be completed by December-end, also includes sale of Air India Express and ground handling arm AISATS.

published on : 10th October 2021

Five firms in race to be transaction advisor for RINL sale

DIPAM, which manages the government's equity in public sector companies, had on July 7 floated the request for proposal for appointing a transaction advisor for RINL or Vizag Steel.

published on : 24th September 2021

Centre extends deadline for transaction advisor hiring for Vizag Steel Plant disinvestment 

As per the latest notification issued on Friday, the last date for submission of bids has been extended from August 17 to 26.

published on : 14th August 2021

Govt puts LIC divestment on fast track, seeks legal advisor, book managers

According to Department of Investment and Public Asset Management, request for proposal (RFP) is for legal adviser, advertising agency, book running lead managers and registrar for LIC IPO.

published on : 15th July 2021

CCEA clears LIC disinvestment; panel headed by Sitharaman to decide quantum of stake sale

The Budget amendments to the LIC Act has been notified and the actuarial firm is expected to finalise the embedded value of the life insurer.

published on : 12th July 2021

Protests intensify as Centre expedites Vizag Steel Plant privatisation

Agitating workers' unions leaders led by Visakha Ukku Parirakshana Porata Committee staged a sit-in at the plant main gate and even staff and workers of ‘A shift’ were not allowed to enter the plant.

published on : 9th July 2021

Centre expedites Vizag Steel Plant privatisation, to appoint legal, transaction advisors

Accordingly, the Department of Investment and Public Asset Management invited proposals for engagement of a legal advisor and transaction advisor for completing the transaction.

published on : 8th July 2021

Cabinet may decide on HPCL stake sale to ONGC this month

The Cabinet is likely to consider the sale of government's 51 per cent stake in Hindustan Petroleum Corp Ltd to Oil and Natural Gas Corp for over Rs 26,000 crore.

published on : 6th July 2017