IDBI Bank
General
Grapevine: Amazon hires AZB in Future case; Tiger Global-backed OkCredit weighs merger
Amazon.com Inc. has hired law firm AZB Partners to challenge Future Group’s sale of its retail business to Reliance Industries ......
Finance
PE, M&A deals in financial services sector remain in the doldrums
The number of private equity deals and mergers and acquisitions (M&As) in the banking, financial services and insurance (BFSI) sector ......
General
Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit
Life Insurance Corporation of India (LIC) is planning to gradually sell its stake in IDBI Bank nearly two years after ......
Finance
NSE valuation hits new milepost as HNIs lap up shares from institutional backers
The National Stock Exchange’s (NSE) valuation has climbed past a new milestone as a number of wealthy individuals have bought ......
Manufacturing
Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last
Shree Renuka Sugars, one of the top three sugar makers in India that has been working to shed its non-performing ......
Finance
Govt keen to speed up stake sale in IDBI Bank, three others
Indian Prime Minister Narendra Modi's office has asked officials to speed up the process of trimming government stakes in at ......
General
Grapevine: Practo raises down round; RIL hardnosed on Amazon in Future Retail
Online healthcare portal Practo has raised $32 million (Rs 240 crore) in a new round of funding led by Chinese ......
Finance
PE, M&A deals in financial sector sink but GIC, CPPIB bet more
The number of private equity deals, mergers and acquisitions in the financial services sector touched the lowest level in at ......
Finance
IDBI Bank to pare stake in insurance JV with Ageas, Federal Bank
IDBI Bank has approved selling a 27% stake in its life insurance joint venture with Federal Bank and Belgium’s Ageas ......
Manufacturing
Kotak stressed assets fund pulls Jindal Stainless out of debt rejig
The distressed assets fund of Kotak Investment Advisors announced its debut deal with a Rs 500 crore ($69 million) investment ......
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