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IDBI SELLOFF
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 ...- LIC’s $2 billion contrarian bet: 10 stocks the DII giant bought while the market bledLife Insurance Corporation of India invested nearly $2 billion in 10 stocks during the March quarter's market fall. LIC bought shares in co...
- Govt reviews divestment plans, IDBI Bank stake saleGovt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...
- Forget the noise: These 54 smallcap stocks attracted FII buying in March quarterForeign institutional investors are strategically buying into beaten-down smallcap stocks in India, increasing stakes in 54 companies despi...
- IDBI selloff picks up pace as suitors get data accessPotential buyers such as Fairfax Financial, Emirates NBD, Oaktree Capital, and Kotak Mahindra Bank have begun due diligence on IDBI Bank wi...
- Divestment, asset monetisation target for FY25 may be cut 40%The government is likely to reduce its disinvestment and asset monetisation target to less than ₹30,000 crore this fiscal from the budgeted...
- High selloff target can potentially create overhang in the market, says Dipam SecyIn a rare move, the interim budget for FY25 clubbed the government's disinvestment and asset monetisation targets, instead of declaring the...
- SMBC Bank, Oaktree submit EoIs for IDBI's strategic stake saleThe government and LIC together are looking to sell 60.72% in IDBI Bank and had invited bids from potential buyers last October. The two to...
- Concor suitors seek clarity over shareholder rightsThe incoming investor in Concor will own well below 51% of the company, because the government is selling only a minority stake. The new in...
- Sumitomo Mitsui, global bank among investors making queries on IDBI stakeIDBI Bank's sale process kicked off when a preliminary information memorandum was issued by the finance ministry on October 7. The governme...
- Centre invites EoIs for IDBI Bank; on offer: 60.72% + management controlLarge corporate houses and individuals will not be eligible to bid on their own or as a consortium in keeping with Reserve Bank of India (R...
- IDBI stake sale: Govt seeks easing of public holding ruleAt present, the government and LIC are categorised as promoters. They would need approvals for the reclassification of their shareholding s...
- IDBI selloff: Potential investors want Rs 34kcr NPAs given to bad bankThese suggestions have been made in the investor feedback sought by KPMG, the transaction advisor for the IDBI Bank strategic sale, accordi...
- Market Movers: Earnings lifts ITC; 125 stocks scale 52-week highsHere is a lowdown on what happened in Monday’s session.
- ETMarkets Evening Podcast: What's next after market's Tuesday rout?
- Spooked by Yellen, midcaps go downhill, but may rebound soonNifty declined 67.60 points, or 0.77%. The midcap index dropped 1.2% and the small-cap index declined 1.5% as nervous retail investors book...
- Bullish about pharma space: Sonam UdasiIn a chat with ET Now, Sonam Udasi, Head of Research, IDBI Capital, shares his views on pharma sector.
- 170 stocks hit 52-week low amid market crashHit by massive sell-off in the stock market, as many as 170 stocks touched their one-year low on the BSE today, with Sensex plummeting over...
- IDBI scraps plan to sell home finance bizIDBI has decided not to sell its housing finance company — IDBI Homefinance — due to differences with the government over the stake sale. A...
- Banking stocks tumble following fall in ADRsPlayers continued to batter banking stocks following a drop in their ADRs in US markets. Wednesday, ADRs of HDFC Bank and ICICI Bank plunge...
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