Divestment: Fearing backlash, govt opts for minority stake sales over outright privatisation

With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales......

How IDBI Bank stands to gain from the LIC deal

Analysts say strengthening bank’s capital will boost earnings, bank needs chief with long stint to run show Although the IDBI Bank (IDBI)-Life Insurance Corporation of India (LIC) deal may......

Govt seeks regulator's nod to sell IDBI Bank stake to LIC

The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.......

'LIC keeps investing in companies...'

'In equities, it has diversified portfolios.''So the short-term movement of individual stocks does not impact them.' IMAGE: Adani Group Chairman Gautam Adani addresses the Bengal Global Business......