Privatization

Government approves sale of 60.72% stake in IDBI Bank to Fairfax Financial Holdings for ₹52,878 crore. Transaction splits proceeds between GoI (30.48% stake) and LIC (30.24% stake) at ₹75.99 per share

Government approves sale of 60.72% stake in IDBI Bank to Fairfax Financial Holdings for ₹52,878 crore. Transaction involves 30.48% stake from GoI and 30.24% from LIC at ₹81 per share, above benchmark

India's space sector opening to private players has reduced brain drain by creating domestic opportunities for young engineers. India's space economy has reached $9 billion and could grow to $45-46 bi