IDBI Bank sale: 7 firms in race for advisory role

As many as seven firms, including JM Financial, Ernst and Young and Deloitte, have bid for managing the strategic sale of IDBI Bank. These firms would make a virtual presentation before the......

India overtakes China in value of fintech deals

India has emerged as Asia's biggest destination for financial technology (fintech) deals, leaving behind China in the quarter ended June 2020, a research report said on Wednesday. Photograph: Amit......

Govt likely to fetch around Rs 15,000 crore from Air India sale

To attract bidders, the government had decided to hive of around Rs 35,000 crore of the company’s debt into a separate subsidiary, leaving around Rs 23,286 crore to be absorbed by the new......

Humble Ambassador to become the 'Rolex of cars'

‘This is purely a brand sale. It includes the Ambassador with its variants. Peugeot is likely to relaunch the brand with multiple variants.’ The iconic Ambassador is likely to be......