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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After IDBI Bank, Axis Finance appeals against Zee-Sony Merger
The company law tribunal in August 2023 had given its nod to the merger proposal of ZEE with Culver Max, earlier known as Sony Pictures
IDBI Bank challenges NCLT order on ZEE-Sony merger
IDBI has filed two separate petitions against ZEEL; NCLT last month gave its nod to merger proposal of ZEE with Culver Max
IDBI Bank divestment on track: Govt
The central government and LIC together plan to sell 60.72% of shares in IDBI Bank.
Why IDBI Bank shares are trading higher today
SEBI has given nod to reclassification of the government’s shareholding in IDBI Bank as ‘public’ post its stake sale in the lender.
SEBI allows Centre's stake in IDBI Bank to be reclassified as 'public' after sale
The market regulator has also directed the new buyer to comply with minimum public shareholding norms within one year of the sale.
Govt extends last date for IDBI Bank stake sale; stock rises 6%
The DIPAM on Wednesday extended the deadline to submit bids for the privatisation of IDBI Bank to January 7, 2023, from December 16, 2022.
LIC trims 2% stake in Power Grid for ₹3,079 cr; stock tumbles
LIC stock trades 0.29% down a day after it announced its shareholding in Power Grid has diluted from 5.303% to 3.3%.
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.
IDBI Bank strategic sale process begins; Centre, LIC to offload over 60% stake
Government as well as LIC will sell a little over 30% stake each in the bank along with the transfer of management control.
