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.
It is formed in view of positive response received from financial institutions to the framework outlined, by Prudent Norms for resolution of stressed assets issued by the Reserve Bank of India on June 7 earlier this year.
Coal India Limited, which accounts for over 80 percent of the domestic coal output, has set a production target of 630 MT for 2018-19.
State-run lender Canara Bank on Saturday said it has called off the divestment process of its entire stake in the…
Finance Minister Arun Jaitley on Thursday said that the government was analysing the economic situation amidst an economic slowdown and…
Prime Minister Narendra Modi is looking to raise up to 7,500 crore rupees by selling stakes in 10 public sector…
