government News

Government Aims to Finalize IDBI Bank Stake Sale by FY26 End, Says Dipam Secretary

The Indian government is moving forward with the sale of its stake in IDBI Bank, aiming to shortlist a final bidder by the end of the financial year. The sale involves a 60.7% stak...

Bharti Airtel Seeks Government Equity Swap to Settle Massive Statutory Dues, Following Vodafone Idea's Footsteps

Bharti Airtel proposes converting its Rs 70,000 crore statutory dues into government equity, a strategy similar to Vodafone Idea's, aiming to conserve cash and involve the governme...

Government Injects Rs 500 Crore to Boost IFCI's Financial Health

The Indian government is injecting Rs 500 crore into IFCI to improve its financial health before restructuring. This capital infusion will increase the government's stake in IFCI t...