IDBI Bank disinvestment progresses, due diligence begins, to end by H1FY26
The Union government and Life Insurance Corporation jointly hold a 95 per cent stake in IDBI Bank, of which they are selling 60.72 per cent ...
Outlook Business1h
IDBI Bank Disinvestment Picks Up Pace After Year-Long Due Diligence by Bidders
The Centre, together with Life Insurance Corporation (LIC), owns 95% stakes in the lender. They plan to sell 60.72% stakes in IDBI Bank, including management control ...
Q3 results today: HDFC Bank, HUL, BPCL among 42 companies to declare earnings on January 22
HDFC Bank, Hindustan Unilever, and BPCL are set to announce their Q3 results on January 22. This week, around 250 companies, ...
IDBI selloff picks up pace as suitors get data access
Potential buyers such as Fairfax Financial, Emirates NBD, Oaktree Capital, and Kotak Mahindra Bank have begun due diligence ...
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Government Plans to Lower Disinvestment Goal to ₹300 Billion for FY25
The Indian government is expected to reduce its disinvestment and asset monetization target by 40% for the fiscal year 2024-25, lowering the goal to less than ₹300 billion from the initial ₹500 ...