Friday, Jun 12, 2026

"revised-bids"

Government may seek revised bids for IDBI Bank strategic sale

The strategic sale of IDBI Bank has reached the technical evaluation stage after bids from Fairfax and Emirates NBD fell below the reserve price. The government and LIC jointly hold 94.71% of the bank and aim to sell 60.72%.

Latest News

Sensex, Nifty gain over 1 pc on lower crude prices and global optimism

4 mins ago
India restricts bulk sale of diesel, petrol at retail outlets for 90 days

13 mins ago
Hyderabad: Youth trapped in skywalk lift for nearly two hours in Uppal

12 mins ago
Three die after massive fire breaks out in Delhi’s Tughlakabad area

40 mins ago
Telangana HC directs govt to respond to 97-year-old freedom fighter’s PIL on road widening irregularities

38 mins ago
Sex worker’s customer cannot be prosecuted for trafficking merely for availing services: Telangana High Court

37 mins ago
Finnish President hails India’s growing global influence in talks with EAM Jaishankar

1 hour ago
Ukraine hits fuel supplies to Crimea, sparking fuel crisis on Russian-held peninsula

1 hour ago