The government is actively assessing financial bids for the strategic divestiture of IDBI Bank. Recent proposals from billionaire investor Prem Watsa’s Fairfax Financial and Emirates NBD reflect significant interest in acquiring a controlling stake. Restarting the bidding process this fiscal…
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In an effort to shield consumers from additional Merchant Discount Rate (MDR) charges, the finance ministry is set to consult with the Indian Banks Association. Meetings with traders’ organizations are also scheduled to directly address their concerns about the recent…
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JSW One Platforms Ltd has submitted draft IPO papers to SEBI, aiming to raise up to Rs 3,054 crore. The IPO consists of a fresh issue of shares and an Offer for Sale from major shareholders. Proceeds from the IPO…
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Reliance Industries Limited is planning to raise ₹10,000 crore next week through a ten-year maturity bond. Other firms, including Adani Airport Holdings, will raise significant funds as well this Friday. The increasing number of companies tapping debt indicates the surplus…
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Motilal Oswal Mutual Fund has launched the Nifty REITs & Realty Index Fund, which will be accepting subscriptions until October 9. This innovative fund seeks to give investors access to listed REITs and real estate firms using an index-focused strategy.…
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The Indian rupee is expected to remain on the defensive on Friday as markets weigh the possibility of a truce between the US and Iran and gauge the impact of soaring global
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