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PRIVATISATION
Pivot to Privatisation 2.0: Why IDBI Bank’s sale should rev up India’s push to privatise remaining non-strategic PSBs and PSUs- Reports of sale false and misleading, says Bhilai Steel Plant amid Congress alleging Adani visit
- 'Twelve years, 12 questions': Akhilesh Yadav targets Centre on banking problems in India
- IDBI Bank sale to Fairfax enters final lap, RBI nod now key: DIPAMThe strategic sale of IDBI Bank to Canada’s Fairfax Financial Holdings is expected to be completed by the end of FY27, subject to RBI appro...16 Oct, 2026, 03.35 PM IST
- HDFC Bank Q2 results preview: PAT, NII may rise up to 9% YoY; deposit growth in focusHDFC Bank is set to unveil its Q2 results on October 17, 2026, showcasing key financial indicators. Analysts predict a year-on-year rise in...16 Oct, 2026, 10.23 AM IST
- Fairfax must merge CSB or exit one bank within 2 years: DIPAM Secy Arunish ChawlaThe Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...16 Oct, 2026, 08.13 AM IST
- Early Diwali dhamaka: With the IDBI strategic sale to Fairfax, GoI has taken a giant step in the disinvestment pathwayIDBI Bank's sale as part of a disinvestment strategy provides ₹26,000 cr to the government during economic challenges. Government of India ...15 Oct, 2026, 07.41 PM IST
- 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
- Can a private company switch off a country’s battlefield communications? The Starlink-Ukraine crisis exposes a new vulnerability in modern warfareUkraine has depended on SpaceX's Starlink for military communications since Russia's invasion began in February 2022. Connectivity disrupti...15 Oct, 2026, 06.09 PM IST
- Canada's Warren Buffett bets his billions on India. What does he see?Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking d...15 Oct, 2026, 02.04 PM IST
- IDBI Bank shares fall 7% as investors book profit after Fairfax deal gets cabinet nodIDBI Bank shares plunged as investors booked profits after a nearly 13% rally in the previous session following the Cabinet’s approval of F...15 Oct, 2026, 01.09 PM IST
- In 1984, UK investors put £1,000 into British Telecom shares; 20 years later, reinvested dividends lifted the stake to £5,710The UK government began selling BT shares to the public on November 30, 1984, giving individual investors an opportunity to buy a stake in ...15 Oct, 2026, 03.04 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
- Lufthansa to buy 44.9 per cent of TAP Air Portugal in euros 1.2 billion dealThe German airline outbid Air France-KLM, the only other company in the race, Portuguese Prime Minister Luis Montenegro said. The governmen...14 Oct, 2026, 07.16 PM IST
- 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 ...14 Oct, 2026, 06.24 PM IST
- 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...14 Oct, 2026, 11.51 AM IST
- Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisationThe outlook for Pakistan's economy appears optimistic, with anticipated growth rates of over 4% this fiscal year, spurred by strategic gove...12 Oct, 2026, 11.11 AM IST
- Firmus $5 billion float failure deals blow to Australia's shrinking share marketFirmus has decided to scrap its ambitious $5 billion IPO, primarily due to the prevailing market volatility. This choice is a major blow to...09 Oct, 2026, 12.38 PM IST
- Royal Mail announces up to 2,500 job cutsRoyal Mail is set to reduce its workforce by as many as 2,500 positions over the upcoming year as part of a significant organizational tran...07 Oct, 2026, 09.08 PM IST
- 'US deal could spur further liberalisation'India's economic growth remains strong, with foreign direct investment continuing to show promising figures. Arvind Panagariya emphasizes t...05 Oct, 2026, 09.16 AM IST
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