Nilesh Shah on PSU privatisation: How Hindustan Zinc offers a lesson for IDBI BankKotak AMC’s Nilesh Shah cited Hindustan Zinc as an example of how strategic divestment combined with a retained minority stake can create l...
15 Oct, 2026, 06.57 PM IST
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...
15 Oct, 2026, 05.30 AM IST
IDBI, poster boy for more privatisationIDBI Bank has been sold to Fairfax, resulting in a significant shift from government control to private ownership. This sale follows a long...
15 Oct, 2026, 12.07 AM IST
'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...
14 Oct, 2026, 10.31 PM IST
US stocks: Citi profit jumps 40% with higher investment banking, services and wealth revenueCitigroup has reported a remarkable 40% jump in its third-quarter profits year-over-year, despite some declines in other areas. Trading rev...
13 Oct, 2026, 05.59 PM IST
US President Donald Trump buys $1 million-plus stakes in Meta, Microsoft, McDonald’s; adds SpaceX debtDonald Trump invested over $1 million in stocks of several major companies during August. Notable purchases included Meta Platforms, McDona...
08 Oct, 2026, 11.47 PM IST
Supreme Court seeks responses from CEC Gyanesh Kumar, ECI officials over plea on decision-making procedureThe Supreme Court has sought replies from Chief Election Commissioner Gyanesh Kumar and officials of the Election Commission of India (ECI)...
05 Oct, 2026, 11.48 PM IST
Tata Steel expanding NINL capacity to 5 MT per annum: CEO TV NarendranTata Steel is channeling Rs 40,000 crore towards boosting the capacity of Neelachal Ispat Nigam Limited (NINL) by an impressive 5 million t...
05 Oct, 2026, 08.48 PM IST
UK Green Party adopts anti-Zionist stance, Israel bars leader Zack PolanskiThe UK Green Party has formally adopted an anti-Zionist position at its recent conference in 2026. This decision has led to Israel barring ...
05 Oct, 2026, 07.23 AM IST
FY27 comeback: India IPOs raise record Rs 94,000 crore in first half, average listing gain doublesIndian mainboard IPOs raised a record Rs 94,205 crore in H1 FY27, up 35% year-on-year, driven by a strong late-quarter surge in August and ...
01 Oct, 2026, 03.10 PM IST
L&T extends Hyderabad Metro stake sale deadline to Dec 31Larsen & Toubro has announced a revised completion deadline for selling its stake in L&T Metro Rail (Hyderabad) Ltd. The new deadline is se...
30 Sep, 2026, 09.22 PM IST
Stock selection key as earnings and valuation gaps widen: Tata MF’s Chandraprakash PadiyarStock selection will be critical for investors as earnings and valuation gaps widen across large-, mid- and small-cap stocks, according to ...
28 Sep, 2026, 10.06 AM IST
US drafted Rubio memo condemning UK over West Bank sanctions. It was never releasedUS officials prepared a statement condemning UK, France, and Canada for their plans related to Israeli settlements. The draft statement aim...
24 Sep, 2026, 08.28 AM IST
Stocks in news: Adani Group, OMCs, Persistent Systems and IRB InfraThe Indian stock market closed lower on Tuesday, with profit-taking affecting investor sentiment. Adani Group companies resolved their SEBI...
23 Sep, 2026, 06.00 AM IST
Coforge shares fall over 3%. What are Jefferies, Emkay saying after Chairman, independent director exit?Coforge shares fell after independent director and NRC chairperson DK Singh resigned, days after chairman OP Bhatt stepped down, raising co...
15 Sep, 2026, 01.55 PM IST
Trump agreed to new ethics rules to get a crypto bill across the line. But that might not be enough"A vote against the Clarity Act isn't a principled stand against President Trump," Sen. Cynthia Lummis, R-Wyo., the lead author of the cryp...
15 Sep, 2026, 08.21 AM IST
Can Rs 6.6 lakh crore in potential PSU divestments bring FPIs back to Indian markets? Axis Capital explainsAxis Capital says faster government divestments could expand India’s investable equity pool, ease valuation pressures and limit foreign out...
14 Sep, 2026, 03.30 PM IST