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Carlyle, Fairfax, DBS likely to bid for IDBI Bank stake

Finance

Carlyle, Fairfax, DBS likely to bid for IDBI Bank stake

Carlyle Group, Fairfax Financial Holdings, and DBS Bank are considering to bid for at least 10% each...

NSDL initiates talks with investment banks for IPO

Finance

NSDL initiates talks with investment banks for IPO

National Securities Depository Ltd (NSDL), India’s first and biggest depository services company, ...

Avenue Capital hikes stake in Mumbai-based ARC

Finance

Avenue Capital hikes stake in Mumbai-based ARC

US-based Avenue Capital has acquired additional stake in Asset Reconstruction Company (India) Ltd (...

India probes debt trustee units of SBI, Axis, IDBI on suspected fee cartel - Reuters Excl

Finance

India probes debt trustee units of SBI, Axis, IDBI on suspected fee cartel - Reuters Excl

India's antitrust body is investigating the trustee units of State Bank of India, Axis Bank and IDBI...

India's IPO-bound LIC may not sell entire stake in IDBI Bank - chairman

Finance

India's IPO-bound LIC may not sell entire stake in IDBI Bank - chairman

State-run Life Insurance Corp of India (LIC), which is planning the country's largest IPO next ...

IDBI Bank invites bids for its stake in Avenue Capital-backed Arcil

Finance

IDBI Bank invites bids for its stake in Avenue Capital-backed Arcil

IDBI Bank has invited bids for around 19% stake in Avenue Capital-backed Asset Reconstruction ...

Grapevine: Flipkart to raise funding; Gemini Edibles ropes in banks for IPO

General

Grapevine: Flipkart to raise funding; Gemini Edibles ropes in banks for IPO

Walmart-owned ecommerce firm Flipkart is looking to raise over $1 billion from a clutch of new ...

Central govt gives in-principle nod for strategic divestment in IDBI Bank

Finance

Central govt gives in-principle nod for strategic divestment in IDBI Bank

The government has given an in-principle approval for strategic divestment along with transfer of ...

India likely to announce stake sales of IDBI Bank, LIC

Finance

India likely to announce stake sales of IDBI Bank, LIC

India's government plans to announce the sale of a 10% to 15% stake in state-run Life Insurance ...

Grapevine: Adani, others bid for solar tender; IDBI Bank to complete stake sale in JV

General

Grapevine: Adani, others bid for solar tender; IDBI Bank to complete stake sale in JV

The Adani Group has bid for the entire 6.4 gigawatt (GW) capacity aimed at powering the farms of ...