financial bids

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    IDBI Bank Strategic Sale Under Review

    New Delhi, April 7 The government may seek revised financial bids from two potential buyers of IDBI Bank, as their original bid amounts were lower than the reserve price fixed for the strategic sale of the lender, sources said."The strategic sale of IDBI Bank is in the technical evaluation...
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    Commercial Rights Bids Presented to AIFF Executive Committee

    New Delhi, March 29 The Executive Committee of the All India Football Federation (AIFF) deliberated on various administrative and governance matters on Sunday, including the evaluation of commercial rights bids for its flagship competitions.Three bids were received for the commercial rights...
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    Commercial Rights Bid: Genius Sports Leads for ISL and Federation Cup

    New Delhi, March 27 Two companies are bidding to acquire the commercial rights for the Indian Super League (ISL) and the Federation Cup, with one offering over ₹2100 crore for a 20-year period. The All India Football Federation (AIFF) opened the bids on Friday.FanCode and Genius Sports...
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    Low Public Float in IDBI Bank Drives Potential OFS Consideration

    New Delhi, March 22 The government may consider selling a stake in IDBI Bank through the Offer-for-Sale (OFS) route to increase public shareholding, after the unsuccessful attempt to divest stake in the LIC-controlled lender, sources said.Currently, the public float in IDBI Bank is only 5.29...
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    IDBI Bank Strategic Sale Fails to Meet Reserve Price

    New Delhi, March 13 The strategic sale of IDBI Bank is likely to have been scrapped as the financial bids submitted by potential buyers were below the reserve price, sources said on Friday.The government and LIC were jointly looking to sell 60.72 per cent in IDBI Bank and had floated an...
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