As per officials, the resolution of data room concerns signals that the transaction is moving towards its final stages
The EPFO has extended the UAN activation deadline to 15th March 2025, while investors will have to utilise key tax-saving and investment opportunities by end of next month.
As part of the disinvestment of IDBI Bank, the Centre along with Life Insurance Corporation of India will sell 61% stake in the lender, along with the management control. This includes 30.48% stake of the Government of India and 30.24% of LIC.
Key divestment candidates, Ajay Garg of SMC Global Securities said, include CONCOR, BPCL, LIC, SCI and HAL, all of which are likely to be in focus due to their significant market presence and profitability.
Key divestment candidates include BPCL, LIC, CONCOR, SCI and Hindustan Aeronautics Ltd (HAL), all of which are likely to be in focus due to their significant market presence and profitability, said an analyst.
IDBI Bank Q3 earnings: Total income of the bank rose to Rs 8,564.92 crore in the third quarter of the current fiscal from Rs 7,514.27 crore in the year-ago period.
Benefits of being a super senior citizen include eligibility for higher interest rates on deposits compared to both senior and non-senior citizens. Many banks offer an extra 0.5% to 0.75% above standard rates for seniors.
Stocks such as Vodafone Idea, BSE, IDBI Bank, Adani Power and Adani Green Energy were among the top gainers on Nifty 200 this week.
Stake sales including that of NMDC Steel, IDBI Bank, Shipping Corporation and  BMEL are likely to be pushed forward in FY26, UBS said while adding that it does not see any changes in tax policy, especially for capital markets, in its base case.
Shares of select state-run lenders tumbled as much as 10 per cent during the trading session on Wednesday as the clarity emerged on the fundraising plans.
Customers looking to lock their funds with higher interest rates can consider investing in these special deposits before the specified deadline.
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