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Coal India OFS has done well; stock market situation stable: DIPAM Secretary

Speaking on an exclusive interview with CNBC-TV18, the DIPAM Secretary added that the stock market situation is stable and the Indian economy is doing very well.

Govt to soon invite financial bids for selling 26% in BEML

In January 2021, the centre invited preliminary bids for selling a 26% stake in the defense public sector unit along with the management control

LIC IPO proceeds account for over half of disinvestment achieved so far in FY23

DIPAM s data revealed that so far in FY23, CPSEs disinvestment is to the tune of ₹31,106.64 crore - which would be 47.85% of the budgeted estimates of ₹65,000 crore for FY23..Of the total disinvestment receipts achieved so far in FY23, strategic sale in LIC via IPO accounted for nearly 66%.

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