Tag: Disinvestment
Posted in Economy
General Insurance stake sale: Govt likely to earn Rs 4,700 crore from 6.8% divestment in GIC Re
September 4, 2024 Leave a Comment on General Insurance stake sale: Govt likely to earn Rs 4,700 crore from 6.8% divestment in GIC Re
The government plans to sell a 6.8% stake in General Insurance Corporation of India (GIC Re) through an offer-for-sale. The shares will be priced at…
Posted in Economy
Government estimates Rs 50,000 crore from disinvestment, asset monetisation in FY25
July 23, 2024 Leave a Comment on Government estimates Rs 50,000 crore from disinvestment, asset monetisation in FY25
New Delhi: The government has estimated to collect Rs 50,000 crore from disinvestment and asset monetisation in the current fiscal, DIPAM Secretary Tuhin Kanta Pandey…
Posted in Economy
Disinvestment: Government exceeds FY23 RE target of combined disinvestment, dividend mop up
March 31, 2023 Leave a Comment on Disinvestment: Government exceeds FY23 RE target of combined disinvestment, dividend mop up
The government has exceeded the revised estimates of collection from disinvestment and dividend combined in the current fiscal at Rs 94,282 crore. The revised estimates…