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Finance Ministry clarifies on legislative developments concerning govt's IDBI Bank stakeThe Finance Ministry clarified the legislative developments regarding IDBI Bank's government stake in 2003. An amendment to restrict the di...- Fairfax must merge CSB or exit one bank within 2 years: DIPAM Secy Arunish ChawlaThe Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...
- Stocks in news: Reliance Industries, Jio Financial, Tata Tech, HDB Financial and WiproIndian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The N...
- Cabinet clears way for Watsa's Fairfax's Rs 52,878 crore deal for 60.72% stake in IDBI BankFairfax Financial Holdings will acquire a majority stake of 60.72% in IDBI Bank for ₹52,878 crore. This acquisition marks a significant mom...
- 'INDI alliance parties ruined PSBs': Sitharaman responds to Akhilesh's 'Season End Sale' remarks on IDBI-Fairfax dealFinance Minister Sitharaman criticized Akhilesh Yadav's remarks about the IDBI Bank's sale to Fairfax Financial Holdings. She accused Yadav...
- Cabinet approves Rs 52,878 crore IDBI Bank sale to Fairfax arm in India’s largest financial-sector FDIThe Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to a Fairfax Group arm, Union Minister Ashwini Vaish...
- IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM SitharamanThe Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...
- Indian Railways approves construction of a four-lane road overbridge on the Udhna-Ukai Songadh section of Western RailwayThe Indian Railways has greenlit the construction of a four-lane Road Over Bridge, with a budget exceeding 133 crore rupees. This initiativ...
- Explained: 2 key developments driving RVNL, Ircon and other railway stocks higherFive railway multitracking projects worth around Rs 10,021 crore have been approved across South India, adding about 540 km to the Indian R...
- Cabinet clears Rs 10,021 crore rail multi-tracking projects across Tamil Nadu, Karnataka, other statesThe Cabinet Committee on Economic Affairs approved five railway projects costing over Rs 10,021 crore. These projects will add five hundred...
- Cabinet clears Rs 10,783 crore railway multi-tracking projects across five statesThe Cabinet Committee on Economic Affairs approved three railway projects. These projects will add 656 kilometers to the Indian Railways ne...
- Cabinet approves one highway and four railway multi-tracking projectsThe CCEA approved highway and railway projects valued at Rs 13,041 crore. These initiatives will significantly enhance freight and passenge...
- New railway projects to cut oil imports by 13 cr litres & CO2 emissions by 65 cr kg, equal to planting 2.6 cr trees; All about Rs 9,450 cr multitracking projectsThe Cabinet Committee on Economic Affairs has approved four major railway projects aimed at improving freight movement and passenger connec...
- Govt considering raising CCEA approval threshold for FDI proposals to Rs 15,000 crore: SourcesThe government is considering raising the FDI approval threshold for proposals requiring CCEA clearance to Rs 15,000 crore from Rs 5,000 cr...
- CCEA yet to take up Gland Pharma deal with FosunThere have been reports that the CCEA has rejected Chinese firm Shanghai Fosun Pharmaceutical’s proposed $1.3 billion takeover of Indian co...
- CCEA approval for oil block auction likely by February 15: Veerappa MoilyThe Oil Ministry hopes to receive CCEA approval for its proposal to auction 86 oil and gas blocks by February 15.
- CCEA refers proposal to double FCI buffer stock norm to CoSCCEA today referred to the committee of secretaries a proposal to double FCI's buffer stock limit to 53 million tonnes of foodgrains a year.
- CCEA approves implementation of agri schemes in 12th PlanThe CCEA has also approved the implementation of the central sector integrated scheme on agricultural cooperation with an outlay of Rs 920....
- CCEA clears implementation of 21 textile parksCCEA approved the implementation of 21 integrated textile parks envisaging an investment of Rs 819 crore over the next five years.
- Cabinet to discuss RIL-BP deal next week"Time of the CCEA meeting has not been decided, but it is expected next week," an oil ministry official said.
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