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Govt must set moderate divestment targets, DIPAM Secy

Govt must set moderate divestment targets, DIPAM Secy

by AIP Online Bureau | Oct 18, 2022 | Eco/Invest/Demography, Indian News, Policy, Workplace/Employee Benefits

High targets lead to a perception that the government will sell minority stakes in state-run companies, prompting a fall in share prices of such firms, Pandey said. New Delhi: The Indian government should focus on privatisation of state-run companies instead of...

Govt to soon invite bids for IDBI Bank privatisation: DIPAM Secretary

by AIP Online Bureau | Sep 15, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Life

“We have been at it for quite some time. It is also a first of its kind transaction where through a bidding route we will be privatising a bank. Both government and LIC put together hold 94 per cent in IDBI Bank,” he said while addressing ‘FICCI...
Govt must set moderate divestment targets, DIPAM Secy

Govt ‘concerned’ about dip in LIC share price; calls it temporary blip

by AIP Online Bureau | Jun 10, 2022 | Indian News, Life, Wealth Management/ Philanthropy

Tuhin Kanta Pandey, secretary,DIPAM ”We are very concerned about the temporary blip in LIC share price. People will take time to understand (fundamentals of) LIC. LIC management will look into all these aspects and will raise the shareholders’...
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