Try GOLD - Free
Financial Bids for IDBI Bank Likely by Q3: Govt
The New Indian Express Sambalpur
|August 02, 2025
Govt will offload 30.48%, and LIC will sell 30.24% as part of the sale
The strategic sale of IDBI Bank has entered its final phase, with the government aiming to select a buyer for the public sector bank by the end of this financial year.
"We hope to receive financial bids by the third quarter, and the successful buyer could be announced by the end of the financial year," Arunish Chawla, Secretary, Department of Investment and Public Asset Management (DIPAM), told the media on Friday.
This story is from the August 02, 2025 edition of The New Indian Express Sambalpur.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Sambalpur
The New Indian Express Sambalpur
Weak immunity, low vaccination, pollution behind H3N2 surge
NORTH India witnessed one of the most severe outbreaks of H3N2 influenza in recent years, with hospitals across Delhi-NCR and adjoining states reporting a surge in cases of high fever, cough, and body ache. Doctors say the outbreak has been fuelled by a combination of environmental factors, weakened post-pandemic immunity, and low vaccination coverage — turning what was once a seasonal flu into a prolonged public health concern.
2 mins
October 14, 2025
The New Indian Express Sambalpur
An experienced obstetrician knows when to let pregnancy progress naturally
Declining fertility and rising maternal age are reshaping how pregnancy is managed, prompting changes in both clinical practice and patient expectations. Dr John Smoleniec, director of the feto-maternal unit at Liverpool Hospital, Sydney, talks about the key challenges and evolving practices in maternal-fetal medicine in an interview with with Unnikrishnan S. Edited excerpts:
2 mins
October 14, 2025
The New Indian Express Sambalpur
India’s criminal justice system to be most modern, says Shah
HAILS REFORMS
1 mins
October 14, 2025
The New Indian Express Sambalpur
Yogi okays restructuring of Invest UP, to set up expert cells and open offices
IN the first meeting of the Invest UP Governing Body, chaired by CM Yogi Adityanath on Monday, several key decisions were taken aimed at strengthening the state’s industrial investment ecosystem.
1 min
October 14, 2025
The New Indian Express Sambalpur
NAME MORE STANDS AFTER WOMEN CRICKET GREATS
UNDAY will go down asa red-letter day in women’s cricketing history for more reasons than one.
1 mins
October 14, 2025
The New Indian Express Sambalpur
Sebi chief asks MF trustees to build guardrails for industry, investors
chairman of the Securities and Exchange Board (Sebi), on Monday urged mutual fund trustees to implement early warning systems that can detect anomalies and trigger timely interventions.
1 mins
October 14, 2025
The New Indian Express Sambalpur
Gujarat RTI: Whistle-blowers silenced, data buried
TWENTY years after the Right to Information (RTI) Act came into force, Gujarat’s transparency story shows governance gaps.
1 mins
October 14, 2025
The New Indian Express Sambalpur
ALL LIVING ISRAELI HOSTAGES, 1,968 PALESTINE PRISONERS FREED
ALL 20 living Israeli hostages held by Hamas and 1,968 Palestinian prisoners in Israel's custody were released on Monday as part of a landmark ceasefire agreement that has raised hopes of ending the two-year-old Gaza war.
1 min
October 14, 2025
The New Indian Express Sambalpur
Mishra says India a leader in early warning collaboration on calamities
PARTICIPATING in the ‘G20 Disaster Risk Reduction Ministerial’, PK Mishra, the Principal Secretary to PM Narendra Modi, has showcased India’s leadership in financing and early warning collaboration in managing calamities.
1 min
October 14, 2025
The New Indian Express Sambalpur
Tata Capital IPO makes muted debut amid broader equity mkt weakness
TATA CAPITAL shares made a muted stock market debut on the stock exchanges on Monday.
1 min
October 14, 2025
Listen
Translate
Change font size