IDBI Bank files insolvency plea against Zee

IDBI Bank has moved the National Company Law Tribunal (NCLT) against Zee Entertainment Enterprises Ltd (ZEEL) seeking an insolvency proceeding against the media firm to recover dues of Rs 149.60......

IDBI Bank bidders need to seek MHA nod

In a first, the government has made it mandatory for interested buyers of IDBI Bank to provide details for security clearance from the Ministry of Home Affairs (MHA) in the first stage of the......

'Should Have Bids For IDBI Before End Of FY'

'We are in a position to start due diligence and private data room access shortly.' IMAGE: IDBI Bank headquarter in Mumbai. Photograph: Niharika Kulkarni/Reuters The divestment of IDBI Bank is......

IDBI Bank sale: 7 firms in race for advisory role

As many as seven firms, including JM Financial, Ernst and Young and Deloitte, have bid for managing the strategic sale of IDBI Bank. These firms would make a virtual presentation before the......