The Centre is confident about completing the privatisation of IDBI Bank in the next financial year, with financial bids expected to be invited by next month. The due diligence process by bidders is ongoing, with access to confidential data for assessing the bank’s financial position and valuation. The sale of a 61% stake, including Government and LIC shares, marks a significant milestone in the largest privatisation exercise since the disinvestment of Air India.
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Akhilesh Yadav ask BJP leaders to take holy dip at Maha Kumbh for “misdeeds” in Milkipur by-polls
Samajwadi Party chief Akhilesh Yadav criticized BJP leaders for alleged misdeeds during the Milkipur by-election, urging them to take a holy dip at the ongoing Maha Kumbh in Prayagraj. Yadav accused the BJP of offering high-level postings to officials for favoring the party in the polls, claiming that the Election Commission is "dead." In response, the BJP condemned Yadav's remarks, accusing the Opposition of attacking constitutional institutions following electoral defeats. Full Article
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