IDBI Bank Privatisation Follows Strategic Sale Process, DIPAM Says
The Government of India has confirmed that the divestment of IDBI Bank is proceeding according to the defined strategic sale process. The Industrial Development Bank...
Tag : government of india
Ramakrishna Forgings Shares Surge 9% on Emerging as Lowest Bidder for Railways Order
Shares of Ramkrishna Forgings (RKFL) hit an all-time high of Rs 289.30, surging 9% in intraday trade on Wednesday after it emerged as an L1...
Shares UCO Bank Slips Over 9% in Five Days
UCO Bank tumbled at 9.47% in five straight sessions. The stock outperformed the market in December 2022, soaring 25.21% against Sensex’s decline of 3.31%. The...
BOI Rises on Allotment of 1,500 Crore Bonds
After the public sector bank issued and allotted Basel III complaint, additional Tier I bonds amounting to Rs 1,500 crore. Bank of India (BOI) reported...
India Scraps Export Duties on Low-Grade Iron Ore, Some Steel Intermediates
In a notification late on Friday, the Government of India scrapped export duties on low-grade iron ore lumps and fines containing less than 58% iron,...
EV Battery Norms Amended for Safety Concerns- Govt
The government has amended the EV battery norms for safety concerns. The concern includes additional safety related to battery cells, onboard chargers and the design...
NTPC Launches First Part of Gandhar Solar PV Project
On Monday, the state-run NTPC declared commercial operation of the first part capacity of 10 megawatts (MW) out of the 20 MW Gandhar Solar PV...
Govt Reviews Windfall Gains Tax, Cuts Cess on Crude
On August 18, the Government of India slashed the crude oil tax in its third fortnightly windfall profits tax review and lowered it from Rs...
IDBI Bank Advances After Q1 PAT Rises 25% YoY
IDBI Bank had gained 2.49 per cent to Rs 37.05 after the company reported a 25 per cent jump in net profit to Rs 756...
Govt to Auction Rs 32K Crore of Four Gilts on July 15
On July 11, the Ministry of Finance announced the Government of India would auction four gilts worth Rs 32,000 crore on July 15. According to...