IDBI Bank
Finance
Carlyle, Fairfax, DBS likely to bid for IDBI Bank stake
Carlyle Group, Fairfax Financial Holdings, and DBS Bank are considering to bid for at least 10% each in IDBI Bank ......
Finance
Sachin Bansal's Navi eyes two insurers as talks for another hit a wall
Navi Technologies Pvt. Ltd, the financial services company set up by Flipkart co-founder Sachin Bansal, has set sights on two ......
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 ......
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
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
Smaller ARCs chase bulk deals to step up bad-loan purchases
Smaller asset reconstruction companies (ARCs) are stepping up their bad-loan purchases as they consider buying in bulk a pool of ......
Finance
Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?
As finance minister Nirmala Sitharaman gives final touches to her first budget speech later this week, she’d be doing so ......
Finance
IDBI Bank looks to speed up asset-sale plans in turnaround bid
IDBI Bank hopes to complete the sale of its mutual fund and insurance businesses as well as that divestment of ......
Finance
Why the latest capital infusion into ailing government banks may not help much
On Wednesday, the government approved an infusion of Rs 48,239 crore ($6.8 billion) into 12 state-run banks, as part of ......