The private lender has contested a decision by the NCLT that rejected its request to initiate insolvency proceedings against a major media company on May 19.
IDBI Bank has introduced special fixed deposit schemes with attractive rates of interest for senior citizens, offering up to 7.75 per cent per annum. Here are the details of the exclusive FD options and rates, along with...
Several Indian banks raised their fixed deposit interest rates in June 2023. Know the banks that have revised their interest rates
On the occasion of ‘Azadi Ka Amrit Mahotsav’ last year, several public and private sector banks had announced short-term fixed deposits with higher deposit rates. Today, some of these freedom special FDs will end....
The BRLM (Book Running Lead Manager) to the PKH Ventures informed the exchange that on account of non-fulfilment of commitment by the Qualified Institutional Buyers, pursuant to a resolution passed by the IPO committee of...
The public issue comprises a fresh issue of 1.82 crore equity shares and an Offer for Sale (OFS) of 73.73 lakh shares by its promoter Pravin Kumar Agarwal.
The Mumbai bench of the National Company Law Tribunal (NCLT) had on May 19, 2023, set aside the bank's plea, seeking insolvency against media major Zee Entertainment, observing that it was barred under Section 10A of the...
Despite Indian government's push to divest stake in several public enterprises, the Centre continues to miss its targets year after year. Some economists suggest that the plan has lost its sense of urgency
NCLT judgement comes amid Zee's merger with Sony Group
Total income during the year rose to Rs 24,941.76 crore from Rs 22,985 crore in the previous fiscal
The potential bidders have since begun due diligence on the bank
According to the FIR, the company allegedly diverted or siphoned off a majority of the loan amount in conspiracy with its vendors, unidentified bank officers,...
ATOM (Airawat Touchstone MidCap Index) is a thematic index designed to serve investors seeking to invest in "well-governed mid-cap companies", the company said...
The management, controlled by the national insurer LIC, has guided towards better overall numbers in the March quarter, pencilling in an under-10 per cent...
IDBI Bank, for which the government and the LIC have invited bids to sell a majority stake, had a net profit of Rs 578 crore in the October-December quarter of...
Several global and domestic institutions have expressed interest in buying about 61 per cent of the government and Life Insurance Corporation's (LIC) stake in...
The transaction will now move to the second stage in which the potential bidders will conduct due diligence before putting financial bids
The accused Unitech founders are facing another CBI probe pertaining to an alleged fraud in the Canara Bank
The exemption would apply on these entities regardless of the government's direct or indirect holding
The government seeks to divest 60.72 per cent of IDBI Bank and had invited bids for the same back in October
IDBI Bank has claimed an amount of Rs 149.60 crore, which has been disputed by ZEEL, said a regulatory update from the media major
In a notice, the Department of Investment and Public Asset Management (DIPAM) said the last date for submission of EoI is January 7, 2023, instead of December...
The government and LIC together are looking to sell a 60.72 per cent stake in IDBI Bank, and the last date for submitting an Expression of Interest (EoI) or...
As of now, the government and LIC together hold 94.72 per cent stake in IDBI Bank.
The government had on October 7 invited bids for privatising IDBI Bank and said that it together with LIC will sell a total of 60.72 per cent stake in the...
