Cabinet approves Rs 52,878 crore IDBI Bank sale to Fairfax arm in India’s largest financial-sector FDIThe Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to a Fairfax Group arm, Union Minister Ashwini Vaish...
14 Oct, 2026, 08.56 PM IST
Modi govt’s 13 strategic disinvestments in 10 yearsThe Modi government is set to sell a 60.72% stake in IDBI Bank for ₹52,878 crore. This sale will surpass previous disinvestment efforts, ma...
14 Oct, 2026, 08.54 PM IST
Centre set to cross Rs 80000 cr disinvestment target for first time since FY19 after IDBI Bank stake saleThe Indian government is expected to surpass its budgeted disinvestment target of Rs 80,000 crore for FY27. A significant contributor will ...
14 Oct, 2026, 07.24 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
Air India's ₹10,000 crore fundraise plan draws cashflow concernsAir India is currently looking to secure ₹10,000 crore in fresh loans for various operational needs. Some lenders are hesitant to provide c...
30 Sep, 2026, 01.07 AM IST
Govt evaluating financial bids for IDBI Bank strategic sale: SourcesThe government is evaluating revised financial bids from Fairfax Financial Holdings and Emirates NBD for the proposed sale of a 60.72% stak...
25 Sep, 2026, 12.20 PM IST
Govt achieves 78 pc of FY27 divestment, asset monetisation Budget target in Apr-AugThe government has achieved about 78% of its ₹80,000-crore FY27 disinvestment and asset monetisation target within five months. It has rais...
28 Aug, 2026, 01.11 PM IST
Parliamentary panel on finance suggests task force to fill 38 vacant DIPAM positionsA parliamentary committee highlighted a significant 43 percent vacancy rate within DIPAM. This shortage severely impacts the department's a...
16 Aug, 2026, 11.22 AM IST
Independence Day 2026: The companies India built for business backbone enter a new chapter2026 Independence Day: India's public sector, initially built for industrial necessity, is now undergoing a significant transformation. The...
15 Aug, 2026, 01.37 PM IST
Govt mops up Rs 45,306 cr from disinvestment, asset monetisation in FY26; exceeds RE targetGovernment's combined disinvestment and asset monetisation mop-up reached Rs 45,306 crore in FY26. This figure surpassed the Revised Estima...
10 Aug, 2026, 02.13 PM IST
Centre unlikely to dilute strategic sale list despite ministries’ push for reviewThe government plans to proceed with its strategic sale of public sector enterprises. Ministries have requested reconsiderations, but few c...
10 Aug, 2026, 01.36 PM IST
Rising ODI outflows signal growing global capabilities of Indian companies: GovtIndian enterprises are stepping up their overseas investments, eyeing strategic assets and emerging markets. Foreign direct investment infl...
04 Aug, 2026, 06.20 PM IST
Recent trend in net FDI inflows linked to increased investments by India, greater repatriation: GovernmentNet foreign direct investment has declined significantly in recent years. This trend is linked to increased overseas investments by Indian ...
04 Aug, 2026, 03.33 PM IST
IDBI Bank divestment scrapped? LIC, govt-owned bank clarifies after stock tanksIDBI Bank has responded to media speculation regarding the government's proposed majority stake sale. The bank stated it cannot confirm or ...
16 Mar, 2026, 02.00 PM IST
Budget 2025: What is a strategic sale and how does it differ from disinvestment?India's Union Budget 2025 approaches, spotlighting strategic disinvestment. This policy, distinct from regular disinvestment, involves sell...
16 Dec, 2024, 01.32 PM IST
No decision on strategic disinvestment of MMTC: PatelThe government has not taken any decision on strategic disinvestment of MMTC, Parliament was informed on Wednesday. The government currentl...
09 Aug, 2023, 03.43 PM IST
SAIL invites global bids for three special steel unitsThe three units have been part of the government list for strategic disinvestment, following Cabinet nod in 2016.
05 Jul, 2019, 10.11 PM IST