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IDBI STAKE SALE
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...- NSE IPO: 7 PSU shareholders to offload 8 crore shares in mega public offerSeven government-owned entities, including State Bank of India and Bank of Baroda, will sell stakes in the National Stock Exchange through ...
- BSE shares in focus as rival NSE files DRHP with Sebi for mega IPOBSE shares are under scrutiny as rival NSE files for India's largest IPO. While some see this as a natural reaction, experts believe it off...
- IDBI Bank share price rockets 19%. What’s triggering the massive surge?IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and renewed optimism around the lende...
- Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
- 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...
- IDBI Bank stake sale back on table; Centre explores revival optionsThe bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...
- Govt plans up to 2% LIC stake sale, may raise Rs 10,000 croreThe government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...
- Govt weighs options to revive stalled IDBI Bank privatizationIndian authorities are exploring ways to revive the long-delayed sale of a majority stake in IDBI Bank after bids fell short of expectation...
- Kotak CEO flags IDBI valuation concerns as privatization dragsIDBI Bank, backed by Life Insurance Corp. of India, reported quarterly earnings that missed estimates on Thursday, adding another layer of ...
- 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...
- 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...
- Assets monetisation in focus to bridge potential selloff gapAmid market volatility linked to the Iran conflict and delays in the IDBI Bank sale, the government plans to accelerate asset monetisation ...
- Centre may seek revised bids from two suitors for IDBI BankGovernment may seek revised financial bids for IDBI Bank. Original offers fell below the set reserve price. This strategic sale is crucial ...
- Scramble for a bank that came back from the brinkIDBI Bank, once a development finance institution, is nearing privatization after years of financial stress and government intervention. In...
- IDBI stake sale: Kotak Mahindra, Fairfax to submit financial bidsIDBI Bank stake sale: The reserve price will be decided after receipt of the financial bids and before they are opened, said the people cit...
- IDBI Bank buyers need MHA nod in first stage of biddingThis meant that bidders who qualified in the first or the Expression of Interest round, were required to seek security clearance from the g...
- Govt invites bids to sell 60.7% stake in IDBI BankThe government will divest a 30.48 per cent stake in the lender and the Life Insurance Corp of India (LIC) will sell a 30.24 per cent stake...
- Govt set to launch IDBI Bank sale process next weekFor the moment, the government is open to selling its entire 94.71% stake. This includes LIC's 49.24% equity stake, which comes with manage...
- Cabinet to soon consider IDBI Bank’s proposal to issue fresh equity to LICIDBI Bank has sought Cabinet approval as the government’s stake will decline to below 50 per cent subsequent to the preferential offer of e...
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