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IDBI divestment to be completed this fiscal, LIC OFS on course: Dipam secy
The New Indian Express Bhubaneswar
|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
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The New Indian Express Bhubaneswar
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Assam Cabinet approves bill banning polygamy; convicts to get 7-year jail
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1 min
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Reporting financial fraud on Sachet portal
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The New Indian Express Bhubaneswar
Vice Admiral Anil Jaggi appointed commandant of National Def Academy
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1 min
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The New Indian Express Bhubaneswar
Derivatives turnover hits 12-month high
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1 min
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The New Indian Express Bhubaneswar
IS FACTOR INVESTING HERE TO STAY?
T a recent seminar where I was a speaker, I was asked whether I felt Factor Investing is here to stay.
2 mins
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The New Indian Express Bhubaneswar
World runs out of excuses as UN's 30th climate conference kicks off in the Amazon
UTIOUS OPTIMISM
1 mins
November 10, 2025
The New Indian Express Bhubaneswar
India looks to press for fairer finance, economic security at COP30 talks
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1 mins
November 10, 2025
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