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IDBI Bank privatisation: Govt likely to extend deadline to submit bids till Jan

The government and LIC together are looking to sell a 60.72% stake in IDBI Bank; government said last week it would allow a consortium of foreign funds and investment firms to own more than 51% of the lender ....

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NCLT extends insolvency resolution process for Srei Infra Fin till Jan 5

The National Company Law Tribunal (NCLT) has extended the time till January 5 next year for completion of insolvency resolution process for Srei Infrastructure Finance.

Total three participants have shown interest in the buyout process.

National Company Law Tribunal, Kolkata bench has extended the time of completion of Corporate Insolvency Resolution Process (CIRP) till 5th January 2023 ....

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