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PSU banks are set to raise around Rs 40,000-45,000 crore through QIPs this year, Zee Business has learned from sources.

IDBI Bank disinvestment to be completed by October: Sources

What is the government's future plan regarding disinvestment? The process of RBI fit proper in IDBI Bank is almost complete. Exclusive conversation with DIPAM Secretary, Tuhin Kant Pandey on Zee Business.

What is the government's future plan regarding disinvestment? 

According to the notification, strategic disinvestment will be stated as "any movable property, being equity shares, of a public sector company or a company, received by a person from a public sector company or the Central Government or any State Government under strategic disinvestment."

Government revises definition of strategic disinvestment under Income Tax Act of 1961

IDBI Bank disinvestment to be completed soon. The names of the buyers are expected to come out by June. Bids will be invited for the stake by September. Watch this video for more details.

Exclusive: IDBI Bank Disinvestment To Be Completed Soon, Names Of The Buyers Are Expected To Come Out By June

Clarifying some media reports regarding the hold on the disinvestment process of the state-owned steel maker, the ministry, in a statement, said that the disinvestment process of RINL is in progress.

Disinvestment process of RINL is under progress: Steel Ministry

As per the 2023-24 Budget document, the revised estimate for miscellaneous capital receipts for the current fiscal has been pegged at Rs 60,000 crore, lower than the Rs 65,000 crore projected in Budget estimates for 2022-23.

No separate mention of disinvestment proceeds in Budget 2023-24

Currently, the government holds a 60.79 per cent stake in NSL, which is the steel manufacturing facility of India's largest iron ore producer NMDC located in Nagarnar, Chhattisgarh

Government gets multiple EoIs for privatising NMDC Steel: DIPAM Secretary Tuhin Kanta Pandey

&nbsp;Union Budget 2023:&nbsp;The government raises money for meeting specific needs, such as to bridge the revenue shortfall from other regular sources.

 Union Budget 2023: What is disinvestment and why it is done ? 

In Budget 2023, the government may not focus on privatisation, rather the disinvestment target for 2023-24 will be less than the previous year.&nbsp;

Budget 2023: Privatisation of more banks, other PSUs not on cards, say sources

The government has received several initial round bids for strategic sale of 60.72 per cent stake in IDBI Bank. Tuhin Kanta Pandey, Secretary, Department of DIPAM, who is monitoring the disinvestment process, gave this information in a tweet on Saturday. Watch Tarun Sharma's exclusive conversation with DIPAM Secretary, Tuhin Kant Pandey on disinvestment.

Govt Gets Multiple Bids For Disinvestment Of Stake In IDBI Bank

Do disinvestment plans need a reset?

How far has the government moved on disinvestment? Which PSUs to be disinvested in FY24? Till when the stake in IDBI Bank will be sold? When will the disinvestment of SCI, Concor be completed? Where did the talk on disinvestment reach? Know the complete details from Nupur.

When Will The Disinvestment Of SCI, Concor Be Completed? Which PSUs To Be Disinvested In FY24?

PNB, UTI AMC, Disinvestment:&nbsp;The trade was amid very high volumes as 15.75 crore shares were on the block around this time.&nbsp;&nbsp;

PNB share jumps 7% on government’s nod for disinvest in UTI AMC

Axis Bank Share Price:&nbsp;The Specified Undertaking of the Unit Trust of India (SUUTI), under the union government, has offloaded 4,65,34,903 shares, representing 1.55 per cent stake in the private lender.

Axis Bank dips as government offloads entire 1.55% stake

SCI Disinvestment Latest News:&nbsp;According to an exclusive report by Zee Business, the Regulatory Approval for SCI Disinvestment is likely to be confirmed soon. As per the exclusive report by Zee Business, the demerged company of SCI is likely to be listed in January 2023

SCI Disinvestment Latest News: Big update on Regulatory Approval - Demerged company listing date, stake sale details and more 

ICICI Securities, SBI Capital Markets, HDFC Bank, IIFL Securities, Axis Capital and Citigroup Global Markets will make their presentations via video conferencing before the government officials on Friday, highlighting their plans in managing the offer for sale

HZL stake sale: Six merchant bankers in fray to buy for government's share 

Big news related to disinvestment of IDBI Bank. Important meeting related to disinvestment tomorrow, What is the agenda? What should IDBI Bank investors do? Watch this video.

Big News On Disinvestment Of IDBI Bank, What Will Be The Agenda Of Meeting To Be Held Tomorrow? 

Disinvestment not for shutting down CPSEs, but to make them more efficient: FM Nirmala Sitharaman

Cabinet may soon consider common land lease policy. The Ministry of Railways prepared the policy after consultation with NITI Aayog. CONCOR (Container Corporation of India Ltd) disinvestment likely to accelerate after common land lease policy. Know full news from Tarun Sharma.

Zee Business Exclusive: CONCOR Disinvestment Soon, Watch This Video For More Details

The Union Cabinet on Wednesday approved the disinvestment proposal of Hindustan Zinc. The government is expected to get Rs 36,000 crore from this disinvestment.

Cabinet approves disinvestment proposal of Hindustan Zinc

disinvestment

PSU banks are set to raise around Rs 40,000-45,000 crore through QIPs this year, Zee Business has learned from sources.

According to the notification, strategic disinvestment will be stated as "any movable property, being equity shares, of a public sector company or a company, received by a person from a public sector company or the Central Government or any State Government under strategic disinvestment."

IDBI Bank disinvestment to be completed soon. The names of the buyers are expected to come out by June. Bids will be invited for the stake by September. Watch this video for more details.

Clarifying some media reports regarding the hold on the disinvestment process of the state-owned steel maker, the ministry, in a statement, said that the disinvestment process of RINL is in progress.

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disinvestment News- Zee Business provides latest news on disinvestment, disinvestment news Today, Top News on disinvestment, update on disinvestment Stay updated with business news, breaking news headlines.

disinvestment Latest News- Top News on disinvestment, Update on disinvestment, disinvestment News Today, Breaking News Headlines, Business News | Zee Business

Disinvestment

IDBI Bank disinvestment to be completed by October: Sources

What is the government's future plan regarding disinvestment?

Government revises definition of strategic disinvestment under Income Tax Act of 1961

Exclusive: IDBI Bank Disinvestment To Be Completed Soon, Names Of The Buyers Are Expected To Come Out By June

Disinvestment process of RINL is under progress: Steel Ministry

No separate mention of disinvestment proceeds in Budget 2023-24

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