IDBI Bank has 120 properties; deferred tax assets worth ₹11,520 cr, says DIPAM
DIPAM clarifies in response to clarifications sought by prospective bidders; the Centre, along with LIC, plans to divest a 61% stake in IDBI Bank
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SJVN stock tanks 10% as govt announces 4.9% stake sale via OFS
The floor price of the offer will be ₹69 per equity share, a 15.6% discount on Wednesday's closing price
RVNL offer-for-sale: Issue subscribed 2.73 times by institutional investors
Govt to exercise green shoe option, which includes the sale of 4.08 crore shares, which is about 1.96% stake
IDBI Bank divestment on track: Govt
The central government and LIC together plan to sell 60.72% of shares in IDBI Bank.
Long Vision Budget
In spite of Lok Sabha elections next year, government steers clear of short-term populist measures and focuses on strengthening the economy.
IDBI Bank stock zooms 11%; here’s why
The Centre has invited EoI to kickstart the IDBI Bank sale process, and both govt and LIC aim to divest a little over 30% stake each in the bank.
Govt puts on hold privatisation of Central Electronics
The sale of Central Electronics Limited was approved to Nandal Finance worth ₹210 crore in November last year.
IDBI Bank to be privatised soon: DIPAM Secy
Tuhin Kanta Pandey says the Centre is preparing an expression of interest, following which preliminary bids will be invited from investors.
Will SEBI act against listing norm violators?
Over two dozen government companies flouting rule on minimum public shareholding norms
Multiple bids received for FSNL disinvestment: DIPAM
The central government is looking to divest its entire stake in FSNL and transfer management control through the disinvestment process.
