IDBI Bank
General
Grapevine: IDBI Bank, Fairfax, Sarvam, Toddle in news
The government’s long-delayed sale of IDBI Bank appears to be back on track after Toronto-listed Fairfax India ......
Finance
Fairfax buys nearly $1 bn of Indian bonds in rare move
Fairfax bought Indian government debt worth nearly $1 billion last Friday, according to five sources, in a rare purchase......
People
Alvarez & Marsal hires former Stifel executive for lifesciences investment banking
Alvarez & Marsal (A&M) India has appointed former Stifel Nicolaus India executive Nitin Lath as a managing director to ......
General
India's privatization drive derails because of weak investor interest
India is considering shelving three planned privatization sales amid weak investor appetite, two government sources said......
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 ......
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 ......
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 ......
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 ......
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 ......
