Thursday, July 25, 2019

IDBI Bank to sell stakes in 19 unlisted companies for at least Rs 175 crore

IDBI Bank to sell stakes in 19 unlisted companies for at least Rs 175 crore The bank is looking for bidders for over 170 million shares in firms, including Neelachal Ispat Nigam and Haldia Petrochemicals.In January, LIC had completed acquiring a 51 percent stake in IDBI Bank, after it was approved by the Union cabinet in August 2018

from Moneycontrol Business News https://ift.tt/32MFPLA
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Bajaj Auto shares fall 2% as firm, subsidiary fall prey to ransomware attack

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