IDBI Bank
Finance
NSDL sets price band for $464-mn IPO; NSE, IDBI Bank to cut stake
India’s National Securities Depository has set a price band of 760-800 rupees per share for its initial public offering via ......
Manufacturing
Ahmedabad-based Knack Packaging likely to file for IPO
Ahmedabad-based Knack Packaging Pvt Ltd, which manufactures poly-woven bags, is likely to file its draft red herring prospectus (DRHP) with ......
Economy
India considers easing bank ownership rules as foreign interest grows
The Reserve Bank of India is signaling possible rule changes ahead that would let foreigners own more of India's banks, ......
Finance
IDBI Capital gets LP commitments for two new investment funds
IDBI Capital Markets and Securities Ltd, a unit of Mumbai-listed lender IDBI Bank, has secured capital commitments for two new ......
Finance
Billionaire Prem Watsa's Fairfax among bidders for IDBI Bank stake
The Reserve Bank of India has completed its review of potential buyers for a majority stake in IDBI Bank, approving ......
Finance
Govt to push forward IDBI Bank stake sale after RBI approval
India will press ahead with the delayed sale of a majority stake in IDBI Bank after central bank clearance, opening bids ......
Economy
Govt set to miss FY24 divestment targets by more than half
India will struggle to raise even half the proceeds it had targeted from planned sales of state-run firms this year ......
Finance
Govt cancels bid process to hire valuer for IDBI Bank sale
The Indian government has cancelled the bidding process to hire an asset valuer for its planned IDBI Bank share sale, ......
Finance
Government unlikely to sell stake in IDBI Bank this fiscal
The Indian government does not expect to conclude the sale of IDBI Bank by the end of the financial year ......
Infrastructure
Go First lenders approve $55 mn fund infusion to revive bankrupt airline
Lenders to India's Go First, which is under bankruptcy protection, have approved interim funding of 4.50 billion rupees ($54.9 million) ......
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