IIFL Finance board to weigh Blackstone, Advent proposals for Rs 5,000 crore capital raiseIIFL Finance's board will consider separate investment proposals from Blackstone and Advent International for a nearly Rs 5,000 crore capit...
09 Nov, 2026, 12.52 PM IST
LIC expects limited impact from IRDAI's proposed commission cuts, cites lower expense ratioLife Insurance Corporation of India is bracing for new changes set forth by the Insurance Regulatory and Development Authority of India. As...
09 Nov, 2026, 12.27 PM IST
IDBI Bank Strike: What's on November 10? Nationwide bank strike, wider protests on the table; here's what you need to knowIDBI Bank Strike: A two-day nationwide strike by IDBI Bank employees and officers against the proposed sale of a majority stake to Canada's...
03 Nov, 2026, 11.27 PM IST
IDBI Bank strike on November 2 and 3, 2026: Bank advises customers to use digital channels; removes fee on non-IDBI ATM withdrawalsIDBI Bank strike today: IDBI Bank employees initiated a two-day strike on November 2 and 3, 2026, opposing the sale of the bank's majority ...
02 Nov, 2026, 06.12 PM IST
Maxop Engineering buys majority stake in Faith AutomationFaith manages every stage of a project, from process planning and mechanical design through robot programming, system integration and on-si...
02 Nov, 2026, 09.35 AM IST
IDBI Bank employees' forum opposes Fairfax stake sale, seeks parliamentary reviewThe United Forum of IDBI Officers and Employees has opposed the planned sale of IDBI Bank's majority stake. They have requested an immediat...
31 Oct, 2026, 02.26 PM IST
"What's the hurry?": BRS questions IDBI Bank valuation, seeks answers from Centre over proposed saleK T Rama Rao raised concerns regarding the proposed sale of IDBI Bank to Fairfax Financial Holdings. He highlighted potential undervaluatio...
31 Oct, 2026, 11.09 AM IST
Sitharaman says NDA revived IDBI Bank after UPA-era bad loan crisisIn response to Rahul Gandhi's opposition to IDBI Bank's privatisation, Nirmala Sitharaman stressed the successful recovery of the bank than...
30 Oct, 2026, 11.51 PM IST
‘IDBI Bank was handed over to us in poor shape’: Sitharaman hits back at Rahul Gandhi amid sale rowNirmala Sitharaman responded to criticisms regarding the sale of IDBI Bank's majority stake. The bank was previously in poor condition and ...
30 Oct, 2026, 12.24 PM IST
“During Congress’s time, banks were created; in Modi era, they are being sold”: Rahul Gandhi targets govt over IDBI Bank saleRahul Gandhi has criticised the Centre's proposed sale of a 60.72% stake in IDBI Bank, questioning the privatisation of a profitable public...
30 Oct, 2026, 10.43 AM IST
IDBI Bank sale row: Finance Ministry defends valuation process, says reserve price was not changedThe finance ministry has defended the valuation process used in the IDBI Bank stake sale, saying the methodology and bidding procedure were...
30 Oct, 2026, 07.15 AM IST
IDBI Bank employees' forum opposes majority stake sale to Fairfax, seeks parliamentary reviewUnited Forum of IDBI Officers and Employees has expressed opposition to the proposed sale of IDBI Bank. Concerns include potential underval...
29 Oct, 2026, 07.54 PM IST
Target reached, but asset monetisation to continue: DIPAM secretary Arunish Chawla"We have already identified a cluster of 10 national highways, which will provide the underlying capital asset. So, the second public InvIT...
24 Oct, 2026, 08.34 AM IST
"Nothing to fear": Top bureaucrat says IDBI staff, pensioners' service conditions won't change after Fairfax dealThe DIPAM secretary's assurance comes as IDBI Bank employees oppose the government’s divestment plan and have called for a strike across th...
23 Oct, 2026, 09.29 PM IST
Fairfax's IDBI buy: Biggest-ever banking M&A deal in India had no investment bankersFairfax Financial Holdings’ $5.6 billion acquisition of a controlling stake in IDBI Bank is significant not just for being the biggest fore...
19 Oct, 2026, 04.14 PM IST
Moody's sees limited impact on Fairfax leverage from IDBI Bank takeoverFairfax Financial Holdings is preparing to acquire a majority stake in IDBI Bank in India. The Canadian investor's acquisition aims to enha...
19 Oct, 2026, 03.23 PM IST
IIFL Finance plans to raise ₹2,500-5,000 crore by selling stake amid Fairfax exit rumorsIIFL Finance is intending to raise ₹2,500-5,000 crore by selling a minority stake. The company's promoters may subscribe to warrants to lim...
19 Oct, 2026, 01.38 AM IST