'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......
The recent price correction in broader markets has hit cement companies hard. Image used for representative purpose only. Photograph: Anindito Mukherjee/Reuters So far in the current month,......
Information technology (IT) companies have been on the road to revival in the past one year. From being the worst-hit sector in 2022 with a loss of 26 per cent, the Nifty IT index closed 2023 with......
The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. Illustration: Dominic Xavier/Rediff.com On the......
The government has informed the prospective asset valuers of IDBI Bank that the lender has deferred tax assets of Rs 11,520 crore and 120 properties in the top seven cities including Mumbai, Pune,......