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IDBI divestment to be completed this fiscal, LIC OFS on course: Dipam secy
The New Indian Express Coimbatore
|August 22, 2025
The much-delayed IDBI Bank divestment will be completed by the end of the current financial year, Dipam secretary Arunish Chawla has said.
The due diligence process by the bidders will be completed by next month, following which the request for proposals will be called in. The development sent shares of the bank up 8% intraday. Chawla expressed confidence that this year, the department will be able to cross the ₹47,000 crore target that was set in the budget, as the department has already collected ₹22,000 crore in first quarter itself, most of which came not from actual stake sale but through listing Invits. The only real stake dilution took place so far th
Dit verhaal komt uit de August 22, 2025-editie van The New Indian Express Coimbatore.
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The New Indian Express Coimbatore
EPS indulging in ‘Insta reel politics’, says Sivasankar
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The New Indian Express Coimbatore
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1 mins
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Rajnath on board of LCA Tejas Mk1A inaugural flight, praises ‘self-reliance’
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1 mins
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1 mins
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The New Indian Express Coimbatore
PROTECT ELEPHANTS FOR A HEALTHIER ECOSYSTEM
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1 mins
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Maaya, Sahaja given wild cards for Chennai Open
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SIZING UP SWADESHI AMBITION
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3 mins
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The New Indian Express Coimbatore
Market runs out of silver, price turns red hot
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2 mins
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