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Govt, LIC to divest 60.72 per cent stake in IDBI Bank

The Government of India and the Life Insurance Corporation of India (LIC) will together divest 60.72 per cent stake in IDBI Bank. The government on Friday invited the expression of interest for the divestment of stakes in the bank.

5G-ready car sales cross 500K first time ever globally

The connected car penetration surpassed that of non-connected cars for the first time ever globally, capturing almost 50.5 per cent share in the second quarter (Q2) this year. 5G-ready car sales surpassed half a million, though 4G accounted for 90 per cent of connected car sales.