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Stake Cut in PSBs: Govt Invites Bids From Bankers, Legal Firms

The Business Guardian

|

February 25, 2025

A host of public sector banks and financial institutions are yet to meet the minimum 25 per cent public shareholding norm mandated by market regulator Sebi.

- AGENCIES

The Department of Investment and Public Asset Management (DIPAM) on Monday invited bids from merchant bankers and legal firms to assist the government divest its stake in public sector banks and listed financial institutions. As per the two RFPs (request for proposal) floated by DIPAM, the merchant bankers and legal advisors would be empanelled for a period of three years, which could be extended by one more year. The last day for putting in bids by merchant banke

FLERE HISTORIER FRA The Business Guardian

The Business Guardian

B'luru tech boost: Rolls-Royce’s largest GCC launched

Bengaluru has further cemented its position as aglobal technology hub with the inauguration of the largest Rolls-Royce Global Capability Centre (GCC), Karnataka Deputy Chief Minister D.K. Shivakumar said on Friday.

time to read

1 min

September 20, 2025

The Business Guardian

The Business Guardian

From player to coach: Now the whole life is dedicated to cricket

It is often said that if hard work is done silently, then success makes noise. Sunil Sheoran of Hanumangarh district of Rajasthan has done something similar. He fulfilled his dream with his hard work and struggle. Today this young Sunil Sheoran has made his mark in the country. Sunilis writing the story of success as a level-2 coach and strength and conditioning coach of BCCI.

time to read

3 mins

September 20, 2025

The Business Guardian

The Business Guardian

FROM COW SERVICE TO PUBLIC SERVICE: THE INSPIRING JOURNEY OF MANOJ SONI

“True progress of society is possible only when every individual shoulders their responsibilities and works selflessly for the welfare of the community.” This philosophy is not just a belief for Manoj Soni—it’s the very foundation of his life. From the small town of Bhadra in Hanumangarh district to the bustling city of Jaipur, his journey is a story of tireless service, commitment, and purpose.

time to read

2 mins

September 20, 2025

The Business Guardian

The Business Guardian

BofA bullish on Paytm, cites soundbox, AI, cost discipline

Paytm(One 97 Communications Limited), India’s full stack merchant payments leader, is showing steady momentum across its core business of Payments, Soundbox, and Merchant Lending business, according to a recent report by BofA Global Research.

time to read

1 mins

September 20, 2025

The Business Guardian

The Business Guardian

MF inflows shield market; stocks may trade sideways: Jefferies

India’s stock markets are being supported largely by consistent mutual fund investments, which are preventing a deeper fall despite heavy outflows, according to a report by Jefferies.

time to read

1 mins

September 20, 2025

The Business Guardian

Samsung Group to hire 60,000 new employees by 2029

Samsung Group has announced that it will hire 12,000 new employees annually from 2025 to 2029, totaling 60,000 hires, to create high-quality jobs for young people and secure future key talent, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.

time to read

1 min

September 20, 2025

The Business Guardian

ESSF organises symposium on Education

Ek Soach Saathiya Foundation (ESSF) organised a Symposium on Education for All followed by a Cultural Evening at the Convention Hall, Airport Authority Officers’ Institute, Safdarjung Airport, New Delhi.

time to read

1 min

September 20, 2025

The Business Guardian

Female workforce share grows but wage gap persists

A report by the Delhi government indicates that while the ratio of female workers in the labour force of the national capital has increased, their wages remain lower than those of men, despite some fluctuations over the years.

time to read

1 mins

September 20, 2025

The Business Guardian

The Business Guardian

15 Years of Leapswitch: A Journey of Growth and Success

Leapswitch Networks, 15 years old today, began with a wild dream: to make cloud services affordable, available, and reliable.

time to read

1 mins

September 20, 2025

The Business Guardian

The Business Guardian

Hydrogen to drive space missions, clean energy: ISRO

Hydrogen is set to play a transformative role in India’s space missions, transportation, and clean energy future, according to Indian Space Research Organisation (ISRO) Chairman V Narayanan.

time to read

1 mins

September 20, 2025

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