Divestment Secretary
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Meet SEBI's New Chairman Tuhin Kanta Pandey: Key Behind Air India Sale, LIC Listing
– Tuhin Kanta Pandey is an IAS officer from the 1987 batch of the Odisha cadre. He was appointed as the finance secretary in September 2024. He is also the longest-serving divestment secretary.
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LIC, India's Biggest-Ever IPO, To Open Mid-March: What We Know So Far
Woefully short of its disinvestment target for the current fiscal (2021-22), which is a humungous Rs 1.75 lakh crore, government is keen to push the countrys biggest ever public offering of Life Insurance Corporation of India (LIC), through which it is looking to raise anything between Rs 50,000 crore to Rs 90,000 crore, as per the initial public o...
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Will Seek Cabinet Nod Soon On Revised FDI Policy To Fast Track LIC Divestment, Says DPIIT Secretary
DPIIT will soon approach the Cabinet for seeking its approval on changes in FDI policy for fast tracking LIC's disinvestment
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Government To Get Rs 2,700 Crore Cash From Air India Sale
The government will get Rs 2,700 crore in cash from the divestment of Air India, DIPAM Secretary Tuhin Kunta Pandey said Friday, as he announced that Tata Sons had won the bid to acquire the embattled national carrier.
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US President Donald Trump to Act on Chinese Software Companies Beyond TikTok Parent ByteDance: Mike Pompeo
President Donald Trump will take action shortly on Chinese software companies that are feeding data directly to the Beijing government, posing a risk to US national security, Secretary of State Mike Pompeo said.
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Government Mulls Injecting Fresh Capital Into Air India
Civil Aviation Secretary R. N. Choubey said a decision on infusing fresh capital in Air India would be taken very soon.
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No Bids For Air India So Far, Won't Extend Deadline: Aviation Secretary
The government has not received any bids so far for its stake in state-run carrier Air India, the civil aviation secretary told TV channels, a day before the formal bidding process closes.
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Initial Bids For Air India Stake Sale In A Couple Of Weeks: Civil Aviation Secretary
Government will invite initial bids for a stake sale in Air India in the next couple of weeks, Civil Aviation Secretary Rajiv Choubey said
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US Commerce Chief Says He Is Likely To Divest Russia-Linked Shipping Stake
U.S. Commerce Secretary Wilbur Ross said on Monday he probably would not keep his holdings in a shipping company with business ties to Russian President Vladimir Putin's inner circle and that he had fully and properly disclosed investments.
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Digvijaya Singh Replaced As Congress In-Charge Of Telangana
The Congress today divested party General Secretary Digvijaya Singh of responsibilities as the person in-charge of party affairs in Telangana, and assigned the job to RC Khuntia.
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Government Says Disinvestment Target Should Not Be Confined to Dates
Global volatility in capital and currency markets has derailed the Rs 69,500-crore PSU stake sale programme for the year, but the government will go ahead with prudent and timely disinvestments, a target for which should not be just confined to dates, a top official has said.
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Strategic Sale in PSUs: Government Open to Divest Over 51%
Asked if strategic will only mean below 51 per cent, Mr Mehrishi said: "Not necessary".
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Trade Unions Against 10% Divestment in Coal India
The general secretary of the the All India Coal Workers Federation, Jibon Roy, said, "We condemn the government decision to disinvest 10 per cent more in CIL shares to private hands. We will call the coal workers to fight back."
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Divest non-core assets: Oil Secretary to ONGC
With ONGC diversifying into non-core areas like power and fertiliser, Petroleum Secretary Vivek Rae has said the country's high profit making PSU should sell its non-core assets and concentrate on increasing oil and gas production.
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TCIL disinvestment not shelved by Centre
Heavy industries and public enterprises secretary Sutanu Behuria said the government in all possibility would go ahead with the divestment whether land lease was available or not.
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Meet SEBI's New Chairman Tuhin Kanta Pandey: Key Behind Air India Sale, LIC Listing
– Tuhin Kanta Pandey is an IAS officer from the 1987 batch of the Odisha cadre. He was appointed as the finance secretary in September 2024. He is also the longest-serving divestment secretary.
-
LIC, India's Biggest-Ever IPO, To Open Mid-March: What We Know So Far
Woefully short of its disinvestment target for the current fiscal (2021-22), which is a humungous Rs 1.75 lakh crore, government is keen to push the countrys biggest ever public offering of Life Insurance Corporation of India (LIC), through which it is looking to raise anything between Rs 50,000 crore to Rs 90,000 crore, as per the initial public o...
-
Will Seek Cabinet Nod Soon On Revised FDI Policy To Fast Track LIC Divestment, Says DPIIT Secretary
DPIIT will soon approach the Cabinet for seeking its approval on changes in FDI policy for fast tracking LIC's disinvestment
-
Government To Get Rs 2,700 Crore Cash From Air India Sale
The government will get Rs 2,700 crore in cash from the divestment of Air India, DIPAM Secretary Tuhin Kunta Pandey said Friday, as he announced that Tata Sons had won the bid to acquire the embattled national carrier.
-
US President Donald Trump to Act on Chinese Software Companies Beyond TikTok Parent ByteDance: Mike Pompeo
President Donald Trump will take action shortly on Chinese software companies that are feeding data directly to the Beijing government, posing a risk to US national security, Secretary of State Mike Pompeo said.
-
Government Mulls Injecting Fresh Capital Into Air India
Civil Aviation Secretary R. N. Choubey said a decision on infusing fresh capital in Air India would be taken very soon.
-
No Bids For Air India So Far, Won't Extend Deadline: Aviation Secretary
The government has not received any bids so far for its stake in state-run carrier Air India, the civil aviation secretary told TV channels, a day before the formal bidding process closes.
-
Initial Bids For Air India Stake Sale In A Couple Of Weeks: Civil Aviation Secretary
Government will invite initial bids for a stake sale in Air India in the next couple of weeks, Civil Aviation Secretary Rajiv Choubey said
-
US Commerce Chief Says He Is Likely To Divest Russia-Linked Shipping Stake
U.S. Commerce Secretary Wilbur Ross said on Monday he probably would not keep his holdings in a shipping company with business ties to Russian President Vladimir Putin's inner circle and that he had fully and properly disclosed investments.
-
Digvijaya Singh Replaced As Congress In-Charge Of Telangana
The Congress today divested party General Secretary Digvijaya Singh of responsibilities as the person in-charge of party affairs in Telangana, and assigned the job to RC Khuntia.
-
Government Says Disinvestment Target Should Not Be Confined to Dates
Global volatility in capital and currency markets has derailed the Rs 69,500-crore PSU stake sale programme for the year, but the government will go ahead with prudent and timely disinvestments, a target for which should not be just confined to dates, a top official has said.
-
Strategic Sale in PSUs: Government Open to Divest Over 51%
Asked if strategic will only mean below 51 per cent, Mr Mehrishi said: "Not necessary".
-
Trade Unions Against 10% Divestment in Coal India
The general secretary of the the All India Coal Workers Federation, Jibon Roy, said, "We condemn the government decision to disinvest 10 per cent more in CIL shares to private hands. We will call the coal workers to fight back."
-
Divest non-core assets: Oil Secretary to ONGC
With ONGC diversifying into non-core areas like power and fertiliser, Petroleum Secretary Vivek Rae has said the country's high profit making PSU should sell its non-core assets and concentrate on increasing oil and gas production.
-
TCIL disinvestment not shelved by Centre
Heavy industries and public enterprises secretary Sutanu Behuria said the government in all possibility would go ahead with the divestment whether land lease was available or not.
