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Stocks in news: Hero MotoCorp, IDBI Bank, Adani Green Energy, Tata Steel and more Stocks in news: Hero MotoCorp, IDBI Bank, Adani Green Energy, Tata Steel and more BusinessToday.In | May 6, 2021 | Updated 09:43 IST Stocks in news: Hero MotoCorp, IDBI Bank, Adani Green Energy, Tata Steel and more Benchmark indices were set to open higher today as Nifty futures on the Singapore Exchange traded 71.5 points, or 0.49 per cent, higher at 14,764.50. On Wednesday, benchmark indices snapped three sessions of losing streak, led by gains in banking, pharma and IT stocks. Sensex jumped 424 points to cl...

Bank privatisation: Cabinet approves strategic disinvestment and transfer of management control in IDBI Bank Limited IDBI The first bank to undergo the process of privatisation is state-run IDBI Bank. During the budget 2021, even though Union minister Nirmala Sitharaman has stated IDBI will not be privatised but looks like IDBI was the first. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its in-principle approval for strategic disinvestment along with the transfer of management control in IDBI Bank. The extent of respective shareholding to be ...

Cabinet Approves Strategic Disinvestment & Transfer of Management Control in IDBI Bank LIC is currently the promoter of the Industrial Development Bank of India (IDBI) with Management Control and GoI is the co-promoter.   |  5 May 2021 11:16 AM GMT NEW DELHI: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has given its in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd. The extent of respective shareholding to be divested by GoI and LIC shall be decided at the time of structuring of the tran...

IDBI Bank: CCEA approves strategic disinvestment and transfer of management control May 05, 2021 × Extent of respective shareholding to be divested by Central Government and LIC to be decided at the time of structuring of the transaction The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave its in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank.   The extent of respective shareholding to be divested by Central government and LIC would be decided at the time of structuring of the transaction in consultation with the RBI, an o...

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