CPSE dividends prone to exceed ₹62,000 crore, 24% greater than RE

The Centre is anticipated to shut the fiscal 12 months 2023-24 with greater than ₹62,000 crore or much more by means of dividends from Central Public Sector Enterprises (CPSEs). If this occurs, it would exceed revised estimates by greater than 24 per cent. Additionally, this will probably be an all-time excessive, apart from being the … Read more

Focus to be on concluding ongoing strategic gross sales in FY25: DIPAM secretary

The Division of Funding and Public Asset Administration (DIPAM) will give attention to concluding the continuing privatisation transactions, like IDBI Financial institution and BEML, and should not take a look at any new CPSE for a strategic sale within the subsequent fiscal, a senior official stated. DIPAM Secretary Tuhin Kanta Pandey in an interview to … Read more