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GOVERNMENT STAKE IN IDBI BANK
'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...- Ahead of Market: 10 things that will decide stock market action on ThursdaySensex and Nifty ended lower on Wednesday as investors booked profits after the previous session’s rally, with caution ahead of US inflatio...
- Canada sees scope for more investments in India after Fairfax-IDBI bank deal, says Minister SidhuCanada's Minister of International Trade has noted the investment potential between Canada and India in infrastructure development. Followi...
- 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...
- Modi govt’s 13 strategic disinvestments in 10 yearsThe Modi government is set to sell a 60.72% stake in IDBI Bank for ₹52,878 crore. This sale will surpass previous disinvestment efforts, ma...
- Canada aims to seal India trade pact by year-end amid push to diversify tiesCanada aims to finalize a Comprehensive Economic Partnership Agreement with India by the end of this year. Foreign Minister Anita Anand emp...
- Centre set to cross Rs 80000 cr disinvestment target for first time since FY19 after IDBI Bank stake saleThe Indian government is expected to surpass its budgeted disinvestment target of Rs 80,000 crore for FY27. A significant contributor will ...
- 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 ...
- World Bank helps mobilise $36 billion in private capital to support job creation in India since FY22Private capital mobilisation by the World Bank Group has grown nearly five-fold in four years, rising from approximately USD 3 billion in F...
- IDBI Bank-Fairfax deal: Government to retain 15% stake, LIC to hold 19%The government will retain a 15% equity stake in IDBI Bank and Life Insurance Corporation will hold 19%. Both the government and LIC will w...
- Cabinet approves 78-day bonus worth Rs 2,009 crore for 11.4 lakh railway employees ahead of DiwaliThe Union Cabinet has approved a 78-day productivity-linked bonus worth Rs 2,009.61 crore for 11.4 lakh railway employees, with a maximum p...
- 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...
- SoftBank junk bond sale raises stakes for CEO Son's all-in AI betSoftBank's promise to pay its highest-ever yields in a record $11 billion junk-bond offering highlights the pressure on CEO Masayoshi Son t...
- Bandhan Bank shares jump 7% as Abu Dhabi’s IHC explores stake in promoter Bandhan Financial ServicesBandhan Bank shares jumped nearly 7% after reports that Abu Dhabi-based IHC was in early-stage discussions to acquire a promoter stake in B...
- IHC, First Abu Dhabi eye stake in Bandhan Bank promoterEarly investors GIC & IFC jointly hold 30% in Bandhan Financial Services (BFSL), keen to exit. PE funds tapped too to gauge strategic inter...
- Bond yields rise to 3-year high on RBI liquidity cutIn a significant financial shift, India's government bond yields have hit a three-and-a-half-year high of 7.39%, primarily due to the centr...
- 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...
- 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...
- Suits & Sayings: High StakesET’s roundup of the wackiest whispers in corporate corridors
- 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...
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