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FAIRFAX IDBI BANK DEAL
IDBI Bank shares rally 13%, market value swells by Rs 11,460 crore amid muted market. What lies ahead?IDBI Bank shares surged nearly 13%, adding over Rs 11,460 crore to its market capitalisation amid progress in the privatisation process. Th...- How much will Americans actually save on fuel, and groceries from the US-Russia diesel deal?In a recent announcement, Donald Trump revealed a new agreement with Russia aimed at providing relief for American diesel consumers, partic...
- RBI's forex curbs lift rupee as banks reassess hedging costsThe Indian rupee has appreciated in value against the dollar following banks' compliance with recent currency derivative guidelines. The Re...
- DealShare CEO Kamaldeep Singh quits amid acquisition talks with TruemedsSingh, a former Big Bazaar chief executive who took charge of DealShare in January 2024, has joined Indofast Energy, a joint venture betwee...
- Bank of America loses bankers, tells staff of big ambition, continued hiringRecent high-profile exits at Bank of America, such as banker Amy Lissauer, have sparked concerns about the institution's future. Once a lea...
- CreditAccess Grameen to raise $175 million overseas loans from DBS, Standard Chartered and othersCreditAccess Grameen is in the process of securing a $175 million loan from several international lenders. This funding will help enhance t...
- HDFC Bank offers up to Rs 70,000 savings on credit card purchases during festive season: Offers on Croma, Reliance Digital, Vijay Sales and moreIn its annual Festive Treats 2026 campaign, HDFC Bank is rolling out exciting financial product offers that allow customers to save up to R...
- HDFC Bank launches festival offer with host of benefitsHDFC Bank announced the launch of its annual festival offer, with thousands of deals across various services to provide customers with affo...
- US Stock market on Columbus day predictions: S&P 500, Dow Jones, Nasdaq, Russell 2000 investors eye tricky Monday on Indigenous Peoples' Day. Nvidia, Apple, Micron, AMD, Tesla other stocks to watch out todayStock market on Columbus day: Earnings season begins on Tuesday, with major US banks including Wells Fargo, Goldman Sachs, Citigroup and JP...
- ET Business Growth Summit in Mumbai showcases ideas and innovations driving business growthKey discussions focused on MSME growth, investment opportunities in Maharashtra, and innovative strategies for scaling businesses. Entrepre...
- Banks may explore easier forex hedging amid RBI curbsThe Reserve Bank of India has implemented fresh regulations that drastically reduce the maximum limit for dollar forward transactions by co...
- PC Jeweller shares jump 5% to fresh 52-week high, market value swells by Rs 2,500 crore in 4 sessionsPC Jeweller shares hit a fresh 52-week high, extending a four-session rally to 20%. The stock has gained 64% in 2026 so far, supported by r...
- BNP Paribas leases 5 lakh sq ft office in Mindspace REIT’s Chennai complexBNP Paribas has signed a long-term lease for around half a million square feet in Chennai. The deal spans four floors within the One Radial...
- Citi’s India IB revenue nearly doubles as bank raises $16 billion for clients, shows dataCiti’s India investment banking revenue nearly doubled to $52 million, making it the country’s top-ranked investment bank. The lender helpe...
- Canada's Weston family company agrees to buy UK's BootsWittington Investments, Limited will acquire Boots' retail operations in the UK and Ireland, Boots Opticians, No7 Beauty Company and its Th...
- RBI brings new rule for banks to measure risks from derivatives, other such dealingsThe Reserve Bank of India has set a Rs 25,000 crore threshold for banks to adopt new credit risk approaches. Banks with considerable deriva...
- Stocks in news: HDFC Bank, Infosys, Yes Bank, Hindustan Zinc and RVNLIndian equities continued their downward trend due to rising global bond yields and high crude oil prices. The Nifty 50 fell by 198.50 poin...
- In the fall of 2023, California released 7 beavers into the ancestral lands of the Mountain Maidu people after nearly 75 years. Now they’re building dams, canals and have expanded wetlands by 23%California is seeing a new wave of conservation with the Department of Fish and Wildlife's beaver relocation project designed to tackle wat...
- Govt evaluating financial bids for IDBI Bank strategic sale: SourcesThe government is evaluating revised financial bids from Fairfax Financial Holdings and Emirates NBD for the proposed sale of a 60.72% stak...
- IIFL Finance dismisses reports on Fairfax planning company exit to fund IDBI Bank dealIIFL Finance denied reports of Fairfax exiting the company. These reports suggested a stake sale to fund an IDBI Bank acquisition. Blacksto...
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