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NSE IPO: NIACL, IFCI, other stocks gain up to 14% as NSE files for India's largest IPO. Who's selling stake?Shares of IFCI, SBI, and other companies saw significant gains on Thursday. This surge followed the National Stock Exchange filing its draf...- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- PSU closure: Govt sets in motion new move after years wasted in stop-start processThe Centre is pushing ministries to accelerate the closure of unprofitable state-owned companies. Progress has been slow despite a policy a...
- Small & midcaps rally! Coforge, Ola Electric, FirstCry & other stocks jump up to 7%Small and midcap stocks rose sharply on Tuesday, lifting broader markets and outperforming benchmarks. Coforge led midcap gains, while Ola ...
- ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growthFinance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...
- SC turns down Anil Ambani plea against 'fraud' tagThe Supreme Court has rejected Anil Ambani's appeal. He challenged banks classifying his loan accounts as fraudulent. The court found no gr...
- Government likely to restart IDBI Bank privatisation process from scratchThe government may restart the privatisation of IDBI Bank from scratch after financial bids came in below the reserve price, leading to the...
- IDBI Bank shares tumble 15% as govt likely to halt divestment process: Here’s whyIDBI Bank shares saw a significant drop of 15% on Monday. This decline followed a report indicating the Indian government will halt the sal...
- IDBI bank, a test case for privatisationThe government and LIC will vote with the new buyer if it intends to - or is required to - amalgamate IDBI Bank with itself. This should al...
- CBI seeks bail cancellation of Mamata Banerjee’s aide Shibaji PanjaThe agency has now moved the court contending that Panja has travelled outside Kolkata without the permission of CBI, thereby flouting one ...
- IDBI Bank says 'no discussion' on Rs 13,000 crore capital infusion by LICIDBI Bank is saddled with huge amounts of bad loans and the government is looking to revive the lender.
- IDBI Bank may hive off physical assetsAt the end of March, IDBI Bank had fixed assets of Rs 6,771 cr while its market capitalisation at the Monday close was Rs 24,335 cr with th...
- CBI probes documents on loans to Aircel ex-promoter: IDBI BankThe state-owned bank had given a loan to Axcel Sunshine Ltd in February 2014, which had turned into a non-performing asset (NPA) or bad loa...
- BSE chairman among those named in CBI FIR in Rs 600-crore loan fraud; agency carries out searchesIn an FIR registered based on a complaint from the Central Vigilance Commission, the CBI has named 15 IDBI Bank officials who worked at sen...
- CBI registers case against Sivasankaran, 15 former IDBI bank brass & othersThe agency on Thursday also carried out searches at 50 locations across 10 cities, including the residences of former senior IDBI bank offi...
- CBI probe into Vijay Mallya may widen to more banksAbout two dozen banks including IDBI under scanner for alleged irregularities in loans to KFA.
- Arvind Kejriwal writes to PM Narendra Modi, opposes "proposed privatisation" of IDBIHis letter ends demanding that privatization of IDBI be stopped, government banks permitted to recover dues and “strict action” be taken ag...
- Government looks at three options to reduce stake in IDBI BankThe mode is seen to be time consuming and may not realize the best value for the government as the market would be able to beat the stocks.
- Government exploring options to dilute stake in IDBI Bank"Many issues have to be looked at in the case of dilution of stake and things are being examined at various levels," sources said.
- Government’s holding in IDBI Bank to be reduced to 49%The govt has firmed up plans to bring down its holding in IDBI Bank to 49 per cent, marking a big bang start to its commitment to reform st...
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