IDBI Bank shares on Monday zoomed 20 percent to its highest trading permissible limit for the day after the company posted a profit of Rs 135 crore in the quarter ended March
NCLAT gives conditional go-ahead to NBCC for acquiring Jaypee Infratech; asks IRP to form interim monitoring committee
In its bid, the NBCC had proposed to complete over 20,000 pending flats in housing projects launched by Jaypee Infratech in Noida and Greater Noida (Uttar Pradesh).
Mallya's legal team had claimed that the loan defaults by KFA were the result of wider issues faced by the aviation industry at the time.
Shares of IDBI Bank on Thursday jumped 10.6 percent after the company said it has targeted to raise up to Rs 7,500 crore in the current fiscal
NSE Indices' Index Maintenance Sub-Committee has decided to make the replacement of stocks in various indices as part of its periodic review. These changes would become effective from March 27, 2020.
Life Insurance Corporation on Monday said there is no proposal to merge its subsidiary LIC Housing Finance Ltd (LICHFL) with any other entity
IDBI Bank's October-December quarter net loss widens to Rs 5,763 cr; gross bad loans remain at elevated level
IDBI Bank on Tuesday reported widening of its standalone net loss to Rs 5,763.04 crore for the third quarter ended December as bad loans remained at an elevated level
LIC public offer likely in second half of FY21, about 10% govt stake to be sold; aims to garner Rs 90,000 cr: Govt
There are a number of processes which have to be followed and some legislative changes would also be required for the listing of LIC, Kumar said.
Budget 2020: Govt to sell stake in LIC via partial listing; sets steep divestment target of Rs 2.1 lakh cr for FY21
Although the government did not give a roadmap for listing LIC, it said that Rs 90,000 crore will be achieved via stake sales in state-owned banks and financial institutions.
Nirmala Sitharaman’s record 160-minute long Budget speech a missed opportunity to revive a floundering economy
The decision to sell part of government stake in LIC and list shares on stock exchanges is one big announcement made in the Budget and will be seen with a lot of interest by the investors.
Lenders of debt-ridden Jaypee Infratech will meet on 18 November to take forward the process of insolvency resolution after the Supreme Court directed early this month to complete the process within 90 days
Private sector IDBI Bank on Friday reported a slight narrowing of its net loss to Rs 3,458.84 crore for the second quarter ended September
The Lakshmi Vilas Bank on Saturday received shareholders' approval to raise up to Rs 1,000 crore by issuance of securities
The RP of Jet Airways had moved NCLT on 20 September seeking directions to the lenders, who own 51 percent in the airline since March, to release interim funds.
Shares of IDBI Bank on Tuesday jumped nearly 8 percent after the government approved Rs 9,300 crore fund infusion in the company to help improve the bank's capital base and turn it profitable
IDBI Bank gets Cabinet nod for Rs 9,000-cr fund infusion, move aims at increasing lender's capital base
It will help both IDBI and LIC and shows the government's commitment to take banking to a sound level.
IDBI Bank on Friday said it will offer repo-linked home and auto loans with interest rates starting from 8.30 percent per annum
Shares of IDBI Bank tumbled over 12 percent on Friday after the company reported widening of loss to Rs 3,800.84 crore for the June quarter
Days after submitting EoI for Jet Airways, Vedanta's Anil Agarwal says not interested in debt-laden airline
In April, Etihad had presented a conditional expression of interest to reinvest in Jet Airways as a minority stakeholder, with a partner, but it did not materialise.
Oriental Bank of Commerce, IDBI Bank cut MCLR up to 15 basis points; auto, home, personal loans become cheaper
Oriental Bank of Commerce and IDBI Bank on Thursday announced a cut in the range of 0.05 to 0.15 percentage point in the marginal cost of funds based lending rates (MCLR) for various tenors