
The Budget should close the perpetual infancy arguments for/of PSUs as ownership neutrality makes them stronger and the securities market…
The bank maintains that it has not received any communication from the government on the divestment process after floating the…
SGX Nifty hints at a positive opening for benchmark indices BSE Sensex and NSE Nifty 50 amid strong global cues.…
The transaction is expected to get over in the second half of next fiscal year beginning April 2023.
On October 7 last year, the Centre invited EoIs for IDBI Bank and offered to sell a total of 60.72%…
The transaction will now move to the second stage in which the potential bidders will conduct due diligence before putting…
SGX Nifty hints at a tepid opening for domestic benchmark indices BSE Sensex and NSE Nifty 50. Reliance Industries (RIL),…
In a letter to the Department of Investment & Public Asset Management (DIPAM), the regulator said it allowed relaxation under…
Firms jointly or individually majority-owned by government and PSUs also get the leeway
Move to increase investor interest in the bank
The provisions of Section 56(2)(x) of the Income Tax Act provide for taxing the difference if the off-market price at…
Buyer to get more time to meet public float norm
IDBI Bank has claimed an amount of Rs 149.60 crore, which has been disputed by ZEEL, said a regulatory update…
In the pre-EoI stage, Dipam had received 167 queries from domestic banks/ NBFCs, foreign banks and funds, signalling strong interest…
Following that transaction advisors received requests for an extension of the deadline.
EoI for ConCor next month, HZL offer for sale in FY23
The government and LIC together are looking to sell a 60.72 per cent stake in IDBI Bank, and the last…
Public float tag for post-sale govt stake; No curbs on restructuring of arms
“Suitable arrangements regarding the continuity of this Rupee Payment mechanism will be considered at the RFP stage,” it added.
Indian equity markets are likely to open marginally higher on the week’s last trading day, hinted SGX Nifty as Nifty…
The interested parties were earlier supposed to submit written queries by October 28.
V Vaidyanathan, MD & CEO, IDFC First Bank, is optimistic that despite the rise in interest rates, the huge need…
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IDBI Bank strike: State-owned bank today said it will remain open for government business for extended working hours on Thursday…
Even as unions of state-run IDBI Bank today claimed a successful one-day strike, the management said the bank “functioned normally”.
IDBI Bank strike: A section of officers and employees of IDBI Bank are going on strike from Monday to protest…
IDBI Bank staff gives strike call to protest Arun Jaitley’s Budget announcement: IDBI Bank staffers, belonging to the All India…